Norbord’s High Level, Alberta OSB Mill Resumes Production
Norbord Inc. (“Norbord”) reported that its OSB mill in High Level, Alberta resumed production earlier this week after the evacuation order for the town of High Level was lifted.
On May 21st, Norbord reported that its OSB mill in High Level had temporarily suspended production in order to comply with evacuation orders due to wildfires burning in the region.
All non-essential mill employees were safely evacuated at the time and the mill did not incur any damage. The curtailment is not expected to materially impact Norbord’s second quarter results.
The High Level, Alberta mill has a stated annual production capacity of 860 million square feet (3/8-inch basis) and has been ramping up toward full production since resuming operations in late 2013. High Level is located approximately 720 kilometres northwest of Edmonton and 400 kilometres west of Fort McMurray.
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 has assets of approximately $1.9 billion and employs approximately 2,700 people at 17 plant locations in the United States, Canada and Europe. Norbord is a publicly traded company listed on the Toronto Stock Exchange and New York Stock Exchange under the symbol “OSB”.
Heather Colpitts – Senior Manager, Corporate Affairs – (416) 365-0705 – email@example.com
Source: Norbord Inc.