LAVAL, QUE - Uniboard announced it will invest more than $53 million at its Val-d’Or particleboard and thermally fused laminate (TFL) facility as part of the panel producer's plan to increase productivity and upgrade key production areas.

The company produces particleboard, MDF and TFL from mills in Val-d’Or, Sayabec, Mont-Laurier and Laval. Uniboard's composite panel products are used in cabinetry, furniture, casegoods and flooring.

In making the February 5 announcement, Uniboard President and CEO James N. Hogg said the project will enable the company to enhance its engineered wood and value-added product offerings. "Over recent years, Uniboard has invested heavily into product development, launching new color collections including North America’s first registered embossed thermofused laminate panels as well as expanding our successful NU Green range of low and no-formaldehyde products," he added.

The company received assistance from provincial and federal agencies including Investissement Québec and Economic Development Agency of Canada for the regions of Québec.

Founded in 1976, Uniboard employs more than 800 people, including 186 at the Val-d'Or facility. The company says it has an installed capacity of more than 640 million square feet of raw particleboard, high-density and medium-density fiberboard, of which more than 50 percent is converted into value-added thermally fused laminate and laminate flooring products. Uniboard was acquired by Kaycan in 2012.