OSB Mill in B.C. to Close Due to Log Shortage
Originally published by: Financial Report — March 15, 2018
The following article was produced and published by the source linked to above, who is solely responsible for its content. SBC Magazine is publishing this story to raise awareness of information publicly available online and does not verify the accuracy of the author’s claims. As a consequence, SBC cannot vouch for the validity of any facts, claims or opinions made in the article.
Norbord Inc. says it is going to temporarily suspend production at its oriented strand board mill in 100 Mile House, B.C., due to a shortage of wood.
The company says the wildfires last summer that damaged the logging areas surrounding the mill and severe weather conditions this winter have combined to hurt its ability to secure a sufficient wood supply.
Norbord says it expects the suspension to start on about May 14 and to continue for approximately one month.
It says it will continue to supply its customers with production from its other mills and the 100 Mile House mill will continue to receive log deliveries.
Norbord estimates that the curtailment will hurt its second-quarter results by approximately US$5 million.
The 100 Mile House mill has an annual production capacity of 440 million square feet.