National

West Fraser to buy South Carolina OSB mill

Darpan News Desk The Canadian Press, 26 Oct, 2021 09:43 AM

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.

Prev Next

MORE National ARTICLES

Incoming army commander under investigation

Cadieu was recently promoted and a ceremony to install him as head of the army was slated for Sept. 7. A 29-year veteran of the military, Cadieu previously served in Bosnia and Afghanistan before most recently providing analysis and advice to the chief of the defence staff.

Incoming army commander under investigation

O'Toole grapples with immunization for MPs

Mandatory immunization has been called for by the Liberals and Bloc Québécois, and supported by the NDP, as parties prepare for Parliament to resume following last month's federal election.

O'Toole grapples with immunization for MPs

605 COVID19 cases for BC

There are 5,172 active cases of COVID-19 in the province and 187,564 people who tested positive have recovered. Of the active cases, 374 people are in hospital and 153 are in intensive care. The remaining people are recovering at home in self-isolation.

605 COVID19 cases for BC

B.C. spends $132 million on treatment services

Sheila Malcolmson, the province's minister of mental health and addictions, says the program will include 65 new or improved services, about 130 more staff and 195 new substance-use treatment beds.

B.C. spends $132 million on treatment services

Mayors ask Liberals for transit aid

The COVID-19 pandemic has hit municipal coffers hard as cities have watched transit ridership drop along with fare revenue. At the same time, cities have seen expenses rise, leading to budget holes that mayors have repeatedly sought federal cash to fill.

Mayors ask Liberals for transit aid

Canadians welcome U.S. land border reopening

Fully vaccinated U.S. citizens and permanent residents have been allowed back into Canada since August, provided they have waited at least 14 days since getting a full course of a Health Canada-approved vaccine and can show proof of a recent negative COVID-19 test.