Norbord announces indefinite production cut at Georgia OSB mill
Blames continuing poor market conditions and lower-than-anticipated OSB demand to-date.
TORONTO — Norbord Inc. will indefinitely curtail production on Line 1 of its two-line oriented strand board (OSB) mill in Cordele, Ga. by mid-November.
The Toronto-based global manufacturer of wood-based panels and oriented strand board said Line 1 has been operating on a reduced operating schedule since early September. Line 2 will continue to operate on a full production schedule.
The company blames continuing poor market conditions and lower-than-anticipated OSB demand to-date.
Norbord said it will continue to serve customers without disruption from the Cordele Line 2 and from its other operating OSB mills in North America.
The Cordele mill has two production lines and a total annual production capacity of 1,040 million square feet. The Line 1 curtailment will affect 440 million square feet (42% of the mill’s available capacity and 6% of the manufacturer’s North American OSB capacity).
Approximately 45 employees will be affected by the move.