Norbord

Global Wood Based Panel (Plywood, Particleboard, MDF, HDF, OSB, Hardboard) Market Size, Share & Trends Analysis Report 2019-2025 - ResearchAndMarkets.com

Retrieved on: 
Friday, December 13, 2019

The "Wood Based Panel Market Size, Share & Trends Analysis Report By Product (Plywood, Particleboard, MDF, HDF, OSB, Hardboard), By Application (Furniture, Construction), By Region, And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Wood Based Panel Market Size, Share & Trends Analysis Report By Product (Plywood, Particleboard, MDF, HDF, OSB, Hardboard), By Application (Furniture, Construction), By Region, And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.
  • The market is highly dependent on wood supply, which directly influences the product pricing and profit margins of market players.
  • As a result, the prices of wood based panels are expected to rise over the forecast period.
  • The U.S. emerged as the largest producer of industrial round wood in 2018, followed by China, Russia, and Canada.

Norbord Announces Indefinite Curtailment of Line 1 at Cordele, Georgia OSB Mill

Retrieved on: 
Monday, October 21, 2019

The Cordele Line 1 indefinite curtailment is due to continued poor market conditions and lower-than-anticipated OSB demand to-date, particularly in the South East region.

Key Points: 
  • The Cordele Line 1 indefinite curtailment is due to continued poor market conditions and lower-than-anticipated OSB demand to-date, particularly in the South East region.
  • The indefinite curtailment will ensure Norbord continues to only produce what the company can sell, in the most efficient and cost-effective manner.
  • Norbord will continue to serve its customers without disruption from Cordele Line 2 and from its other operating OSB mills in North America.
  • The indefinite curtailment of Line 1 will affect 440 MMsf (3/8-inch basis) or 42%of the mill's available capacity (6% of Norbord's North American OSB capacity).

Norbord's "Become A Framer" Campaign Aims to Recruit Young Framers

Retrieved on: 
Wednesday, August 28, 2019

The campaign enables young Americans to learn about the opportunities the construction industry offers, the training required and schools in their area.

Key Points: 
  • The campaign enables young Americans to learn about the opportunities the construction industry offers, the training required and schools in their area.
  • By visiting www.becomeaframer.com , prospective framers will gain access to all the information they need to start their career in the trades.
  • Norbord's #BECOMEAFRAMER campaign builds on its #THANKAFRAMER campaign that the company launched two years ago to raise awareness and train framers to alleviate the labor shortage.
  • Norbord is a publicly traded company listed on the Toronto Stock Exchange and New York Stock Exchange under the symbol "OSB".

Norbord Reports Fire Near High Level, Alberta OSB Mill

Retrieved on: 
Tuesday, May 21, 2019

TORONTO, May 21, 2019 /PRNewswire/ - Norbord Inc. (TSX and NYSE: OSB) today reported that its OSB mill in High Level, Alberta has temporarily suspended production due to the wild fires burning nearby in the region and in order to comply with evacuation orders in the town of High Level.

Key Points: 
  • TORONTO, May 21, 2019 /PRNewswire/ - Norbord Inc. (TSX and NYSE: OSB) today reported that its OSB mill in High Level, Alberta has temporarily suspended production due to the wild fires burning nearby in the region and in order to comply with evacuation orders in the town of High Level.
  • Norbord Inc. is a leading global manufacturer of wood-based panels and the world's largest producer of oriented strand board (OSB).
  • In addition to OSB, Norbord manufactures particleboard, medium density fibreboard and related value-added products.
  • Norbord is a publicly traded company listed on the Toronto Stock Exchange and New York Stock Exchange under the symbol "OSB".

Norbord Inc. Announces Election of Board of Directors

Retrieved on: 
Thursday, May 2, 2019

TORONTO, May 2, 2019 /PRNewswire/ -Norbord Inc. (TSX and NYSE: OSB) announced results from its 2019 annual meeting of shareholders held earlier today.

Key Points: 
  • TORONTO, May 2, 2019 /PRNewswire/ -Norbord Inc. (TSX and NYSE: OSB) announced results from its 2019 annual meeting of shareholders held earlier today.
  • All of the eight nominees listed in the Corporation's Management Proxy Circular dated March 4, 2019 proposed by management for election to the Board of Directors at the annual meeting of shareholders were elected by acclamation.
  • The Directors will remain in office until the next annual meeting of shareholders or until their successors are elected or appointed.
  • The proxies received by management were as follows:

The Global Wood Panels Market: Analysis, Trends and Forecasts 2019-2024 - Growing Focus on CLT Panels for Wooden Plyscrapers' to Boost Market Demand - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 16, 2019

Rising Popularity of Oriented Strand Board, the Stronger Variety of Particleboard, Drive Steady Market Growth

Key Points: 

Rising Popularity of Oriented Strand Board, the Stronger Variety of Particleboard, Drive Steady Market Growth

Norbord's "Thank A Framer" Campaign is Giving America More Framers to Thank

Retrieved on: 
Thursday, August 30, 2018

It aims to highlight the vital role framers play and supports Norbord's efforts to ease the construction labor shortage.

Key Points: 
  • It aims to highlight the vital role framers play and supports Norbord's efforts to ease the construction labor shortage.
  • Last year, Norbord launched the #ThankAFramer Campaign to raise awareness and donated US$1.1 million to the Home Builders Institute (HBI) to train framers to alleviate the labor shortage.
  • "Last year's Thank A Framer video has been an enormous success with over 4 million views," said Peter Wijnbergen, Norbord's President and CEO.
  • Norbord is a publicly traded company listed on the Toronto Stock Exchange and New York Stock Exchange under the symbol "OSB".

Norbord and HBI Open First Trades Training Program in Houston and Graduate First Norbord-Funded Class in Tampa

Retrieved on: 
Wednesday, July 11, 2018

TORONTO, July 11, 2018 /PRNewswire/ - Norbord Inc. (TSX and NYSE: OSB) and HBI joined Mayor Sylvester Turner to officially open the first construction trades training program in Houston, Texas.

Key Points: 
  • TORONTO, July 11, 2018 /PRNewswire/ - Norbord Inc. (TSX and NYSE: OSB) and HBI joined Mayor Sylvester Turner to officially open the first construction trades training program in Houston, Texas.
  • In a ribbon-cutting ceremony held on June 28, 2018 at the HBI Acres Homes Program , Mayor Turner celebrated the beginning of a 12-week training program at no cost to students.
  • In response to both issues, Norbord made a donation last year to support programs in both Houston, Texas and Tampa, Florida.
  • HBI is a national leader in career trades training and has more than 50 years of experience in workforce development in the building industry.

Norbord Inc. Announces Election of Board of Directors

Retrieved on: 
Thursday, May 3, 2018

TORONTO, May 3, 2018 /PRNewswire/ - Norbord Inc. (TSX and NYSE: OSB) announced results from its 2018 annual meeting of shareholders held earlier today.All of the eight nominees listed in the Corporation's Management Proxy Circular dated March 5, 2018 proposed by management for election to the Board of Directors at the annual meeting of shareholders were elected by acclamation.

Key Points: 
  • TORONTO, May 3, 2018 /PRNewswire/ - Norbord Inc. (TSX and NYSE: OSB) announced results from its 2018 annual meeting of shareholders held earlier today.All of the eight nominees listed in the Corporation's Management Proxy Circular dated March 5, 2018 proposed by management for election to the Board of Directors at the annual meeting of shareholders were elected by acclamation.
  • The Directors will remain in office until the next annual meeting of shareholders or until their successors are elected or appointed.
  • The proxies received by management were as follows:

Norbord Inc. Announces Corrected Voting Results On Election Of Board Of Directors

Retrieved on: 
Friday, May 4, 2018

TORONTO, May 4, 2018 /PRNewswire/ -Norbord Inc. (TSX and NYSE: OSB) announced corrected voting results on the election of its board of directors from its 2018 annual meeting of shareholders held on May 3, 2018.

Key Points: 
  • TORONTO, May 4, 2018 /PRNewswire/ -Norbord Inc. (TSX and NYSE: OSB) announced corrected voting results on the election of its board of directors from its 2018 annual meeting of shareholders held on May 3, 2018.
  • The original press release announcing the voting results contained an error in the percentage of votes reported as being voted in favour or withheld for each nominee.
  • All of the eight nominees listed in the Corporation's Management Proxy Circular dated March 5, 2018 proposed by management for election to the Board of Directors at the annual meeting of shareholders were elected by acclamation.
  • The Directors will remain in office until the next annual meeting of shareholders or until their successors are elected orappointed.