SEATTLE (Scrap Monster): Norbord Inc. announced its decision to indefinitely curtail production on one of its two lines in the oriented strand board (OSB) mill in Cordele, Georgia. Accordingly, Line 1 will be removed from production with effect from mid-November this year. The curtailment is likely to impact approximately 45 employees at the mill.
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According to company press release, the indefinite curtailment is primarily due to persistent poor market conditions and lower-than-expected OSB demand, especially in the South East region. The current market conditions do not support the economic operation of the line. Meantime, the Line 2 will continue to operate on a full production schedule, the company said.
It must be noted that the Line 1 has been operating on a reduced operating schedule since early September this year. Effective September 5, 2019, the line has been operating on a 10/4 schedule.
Peter Wijnbergen, Norbord’s President & CEO stated that the decision was a difficult one to take, but is in reflection of the economic realities facing the business. He thanked the hardworking team at Cordele for their commitment to the company, its customers and suppliers. Norbord will continue to serve its customers from Line 2 and from its other operating OSB milks in the North American region, he added.
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