Wednesday, April 18, 2018
Roseburg Forest Products announced today (April 9, 2018) that it has completed the purchase from Pembroke MDF, Inc. of Pembroke’s medium density fiberboard (MDF) plant and molding production facilities located in northeastern Ontario, Canada.
The two companies reached an agreement in principle in March 2018, dependent upon final due diligence and Board of Director approval.
“This acquisition is a strategic step toward expanding our North American footprint and increasing our presence in the MDF market,” Roseburg President and CEO Grady Mulbery said. “The Pembroke plant and its employees are an excellent addition to our enterprise. We look forward to getting to know the employees and the Laurentian Valley community.” Grady concluded.