Norbord

{{Short description|Former Canadian wood product manufacturer}}{{Update|date=February 2022}}

{{Infobox company

| name = Norbord Inc.

| former_name = Noranda Forest; Nexfor

| logo = Norbord logo.svg

| logo_size =

| type = Public

| traded_as = {{TSX was|OSB}}
{{NYSE was|OSB}}

| founder =

| area_served =

| key_people = Peter Wijnbergen (CEO)

| industry = Forestry

| genre = Engineered Wood Products

| products = Oriented strand board, particleboard, medium-density fibreboard

| services =

| predecessor = Noranda Mines

| assets =

| equity =

| owner =

| num_employees = 2,700{{cite web |url=https://www.bloomberg.com/profiles/companies/OSB:CN-norbord-inc|title=Company Profile for Norbord Inc (OSB) |website=Bloomberg News |accessdate=2016-05-31}}

| parent =

| divisions =

| subsid =

| footnotes =

| intl =

| founded =

| fate = Acquired by West Fraser Timber

| defunct = {{End date|2021|02|01}}

| location_city = Toronto, Ontario

| location_country = Canada

| location =

| locations =

| market cap =

| homepage = [http://www.norbord.com www.norbord.com]

}}

Norbord Inc. was a Canadian company that manufactured wood-based panels and became the world's largest producer of oriented strand board (OSB). Norbord also manufactured particleboard, medium-density fibreboard (MDF) and related value-added products. Norbord had assets of approximately $1.7 billion and employs approximately 2,600 people at 17 plant locations in the United States, Canada and Europe.

History

The company was formed as a corporate spin-off of Noranda Mines. Until it was acquired by West Fraser Timber, Norbord was listed on the Toronto Stock Exchange and New York Stock Exchange under the symbol "OSB".{{cite web |url=https://biv.com/article/2021/02/west-fraser-completes-acquisition-norbord |title=West Fraser completes acquisition of Norbord |publisher=Business in Vancouver |date= February 1, 2021}}

Structure

Norbord operates 13 OSB mills, 1 MDF (medium density fibreboard) plant, 2 particleboard (chipboard) plants and 1 furniture plant.

Its OSB mills in the US were located in Minnesota, Georgia (2 lines), Mississippi, Alabama, South Carolina and 2 in Texas. In Canada there were 2 mills in Alberta, 1 in British Columbia, 1 in Ontario and 2 in Québec. In Europe there were mills located in Inverness (2 lines) and Cowie (2 lines), Scotland, in South Molton, England as well as in Genk, Belgium.

The MDF was is located in Cowie, Scotland.

Its particleboard lines were located in Cowie, Scotland and South Molton, England.

Norbord's furniture factory was based in South Molton, England.

Both lines in Inverness as well as the line in Genk produced OSB.

References

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