Norbord Reports Fire Near High Level, Alberta OSB Mill
Norbord Inc. (the “Company”) 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 an evacuation order in MacKenzie County. The Company also anticipates an evacuation order being issued for the town of High Level.
All non-essential mill employees have been safely evacuated and no injuries have been reported. At this time, Norbord is assessing the impact to its production schedule. The mill was secure at the time of evacuation.
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 – email@example.com – (416) 365-0705
Source: Norbord Inc.