Wood & Panel

declaration

UFP Industries acquires PalletOne

 December 17, 2020

UFP Industries (Nasdaq: UFPI) recently declared that its board of directors approved an agreement for UFP Industrial, LLC, to purchase 100 percent of the equity of PalletOne, Inc. for approximately $232 million. This price assumes a cash-free, debt-free balance sheet. …

Norbord declares permanent closure of 100 Mile House OSB Mill

 November 20, 2020

Norbord Inc. one of the prime OSB manufacturers recently declared the permanent closing of its oriented strandboard mill (OSB) in the central B.C. community of 100 Mile House after suspending operations there in August 2019. The company says the mill, …


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