SPRINGFIELD, Ore. -- Roseburg Forest Products has reached an agreement in principle with Pembroke MDF, Inc. to purchase Pembroke’s medium density fiberboard and moulding production facilities located in northeastern Ontario, Canada. Upon final due diligence and board of director approval, the parties expect the sale to close by April 9, 2018.
The acquisition will be Roseburg's first international purchase and will continue the company's expansion throughout North America. Roseburg is currently building an engineered wood products plant in Chester, South Carolina, and recently acquired 158,000 acres of timberland in Virginia and North Carolina.
"The Pembroke plant and its employees present untapped potential that can be used to better serve existing and future customers of our innovative and versatile MDF product line," said Mark Avery, Roseburg senior vice president of industrial products and national accounts. "It's an exciting opportunity for Roseburg to move into the northeastern region and further diversify our operations and meet demand."
Roseburg currently owns and operates an MDF plant in Medford, Oregon, which produces the company’s Arreis, Medite, Medex, Permacore and Fibrlite product lines. "The addition of the Pembroke MDF plant means Roseburg customers will have access to a broader portfolio of products from a company with a demonstrated, long-term commitment to the industry," said Jim Buffington, Roseburg's business director for industrial products." See http://www.roseburg.com.
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