Close X
Sunday, November 24, 2024
ADVT 
National

West Fraser to buy South Carolina OSB mill

Darpan News Desk The Canadian Press, 26 Oct, 2021 09:43 AM
  • West Fraser to buy South Carolina OSB mill

VANCOUVER - West Fraser Timber Co. Ltd. has signed a deal to buy Georgia Pacific's oriented strand board mill near Allendale, S.C., for US$280 million.

The company says the mill will give it the flexibility to better meet customer demand, particularly in the southeastern U.S.

The mill, which began producing OSB in 2007, has been idle since late 2019.

It has an estimated stated capacity of approximately 760 million square feet.

West Fraser says it plans to spend an estimated US$70 million to upgrade and optimize the mill in preparation for its restart.

The mill is expected to employ approximately 135 people.

 

MORE National ARTICLES

Election review to probe where Tories bled votes

Election review to probe where Tories bled votes
James Cumming, an Alberta representative who lost his seat to the Liberals' Randy Boissonnault, says he will begin reaching out to candidates and campaign teams this week.

Election review to probe where Tories bled votes

Open letter asks PM to commit to reconciliation

Open letter asks PM to commit to reconciliation
The letter from family heads of the Tk’emlúps te Secwepemc Nation comes a day after Trudeau visited their territory in Kamloops for the first time since more than 200 unmarked graves were found in May at the former Kamloops Indian Residential School.

Open letter asks PM to commit to reconciliation

Beavers be gone, but not until spring

Beavers be gone, but not until spring
Officials in Cranbrook have been trying to relocate the beavers for the last month but a permit for the move is set to expire. A statement from the city says staff will focus on transferring the creatures to a more appropriate location early next year.

Beavers be gone, but not until spring

Man In Custody After Hours-Long Barricade

Man In Custody After Hours-Long Barricade
Police arrived at the suite at the building in the 600-block of Douglas Street shortly after noon, in an effort to apprehend a man wanted on several warrants under both the Criminal Code and the Mental Health Act.

Man In Custody After Hours-Long Barricade

1,846 COVID19 cases over 3 days

1,846 COVID19 cases over 3 days
There are currently 4,917 active cases of COVID-19 in the province, and 190,918 people who tested positive have recovered. Of the active cases, 360 individuals are currently in hospital and 151 are in intensive care. The remaining people are recovering at home in self-isolation.

1,846 COVID19 cases over 3 days

Surrey RCMP need the public's help in locating missing male Kulvinder Pooni

Surrey RCMP need the public's help in locating missing male Kulvinder Pooni
Pooni is described as an South Asian male, 70kg, 5.8”, short black hair, black goatee, black eyes, wearing a grey jacket with black pants. Pooni is known to frequent 120th Street and 72nd Avenue in Surrey. 

Surrey RCMP need the public's help in locating missing male Kulvinder Pooni