LP Building Solutions Acquires Forex OSB
LP Building Solutions will convert the former Forex OSB mill outside Wawa into an LP SmartSide trim and siding facility. metatrader The company acquired the asset in May during a CCAA (Companies' Creditors Arrangement Act) sale with Montreal-based Forex. LP President Aaron Howald called the acquisition "a great deal" for his company.Oriented Strand Board (OSB)
Oriented strand board, or OSB, is a type of engineered wood product that is used in building construction. It is made from strands of wood that are glued together and then pressed. It is used in place of plywood in many applications, and is available in a variety of thicknesses. It can be used in both residential and commercial construction. It is also useful for other non-structural applications, such as flooring underlayment, furniture manufacturing, and packaging.
Unlike particle board, which is composed of particles, OSB is constructed from strands (also called “wafers”). These strands are generally aligned in the long panel direction. The strands are then joined by wax and synthetic resin adhesives. This process creates a strong and durable wood product. It is an effective alternative to plywood, and can be used in light steel frame and lumber framed structures.
A large percentage of the world’s OSB production is located in the United States and Canada. Its use in construction is growing, and it currently holds 66% of the structural panel market share in North America. This is due to its better mechanical properties, which make it a preferred choice over plywood. OSB is also a more environmentally friendly product because it uses smaller diameter trees, and can be manufactured from waste wood.
Another advantage of OSB is its strength and durability. Builders use it as sheathing for walls and roofs in traditional platform-frame construction, and it is often laminated with a radiant barrier layer to increase energy efficiency. It is also used in floor and wall framing, and to manufacture other engineered wood products like wood I-joists.
While OSB has many advantages, there are some disadvantages that builders should be aware of. For example, it is susceptible to damage from moisture and humidity changes, so builders must be careful to protect it during construction and installation. This can be done by coating the edges with a protective sealant, or by leaving a 1/8-inch gap between panels during installation.
In addition, OSB is prone to edge swelling, which can lead to a buildup of moisture within the walls or roof. This can cause problems with insulation and can be difficult to remedy, but manufacturers have addressed this issue by coating the edges of OSB with a moisture-resistant sealant.
Wood Panels
Wooden panels are a classic building material that can be used in a number of ways. They can be added to a room’s decor as wall coverings or as decorative elements in furniture. They can also be used to make a space feel more spacious and welcoming. Wooden panels are durable and can be installed easily. They are also available in different styles to suit a particular space’s aesthetic.
The history of wooden panels is long and diverse. They have been used in many cultures for centuries and continue to be popular. They can be found in buildings of all sizes, from palaces to homes. They are also used in the construction of walls, ceilings, and roofs. They are often made from a mixture of wood types to create a unique look.
Aside from their natural beauty, wooden panels are a greener choice than wallpapers or paint. They are also more durable than other wall coverings, so homeowners won’t have to worry about replacing them as frequently as they would if they used other options. Additionally, wood is naturally antimicrobial, and studies have shown that it can halt the growth of bacteria on its surface.
There are several types of wood panelling, including beadboard, board and batten, and wainscoting. While they can be expensive, these wall treatments add an elegant and timeless appeal to any room. They are especially attractive in rooms with high ceilings or in old houses.
Choosing the right type of panelling is essential to getting the best results. Those who want to achieve the most natural appearance should consider using reclaimed wood. It is important to ensure that the reclaimed wood is cleaned and treated before installing it. It is also a good idea to use pre-primed boards, which can reduce installation time by 90 percent.
For those who prefer a more modern look, PVC panelling may be a better option. This material is also less expensive than traditional wood wall coverings and comes in a variety of different colours and textures. It is easy to install and can be glued to a wall or nailed to it.
LP Building Solutions
LP Building Solutions, the maker of the LP SmartSide line of exterior products, is known for its innovation. Its products feature hardworking innovations that help keep outdoor buildings cooler in the summer, resist fungal decay and termites, and stand up to harsh weather. The company is based in Nashville, Tennessee. It also employs people around the world.
In 2022, LP Building Solutions was named one of the Top Workplaces of Middle Tennessee by The Tennessean, the state’s largest newspaper and part of the USA Today network. The honor was based on anonymous feedback from employees. The newspaper and its partner, Energage, used a set of criteria that has been shown to predict high levels of performance. LP was selected for the 2022 honor among companies with more than 20,000 employees in Middle Tennessee.
The company has a long history of success and continues to innovate in the construction industry. It has made several advancements in OSB, including the development of a new manufacturing process called Dry-Seal, which helps to make the boards stronger and more resistant to moisture damage. It has also made significant investments in research and development, which have led to improved product quality, increased production capacity, and improved environmental stewardship.
Last year, the company announced a major investment in its Wawa, Ontario facility. It will be converted into an LP SmartSide Trim & Siding mill, and it will increase the company’s siding capacity to 2.7 billion square feet annually. The company will add 150 jobs to its Canadian workforce as a result of the expansion.
In another move, the company recently announced that it would open a siding prefinish plant in Bath, New York. The project will create 60 jobs in the Southern Tier of New York. The company will build the plant on 75 acres of land at the Steuben County Industrial Development Agency’s Business Park. It will produce LP SmartSide ExpertFinish siding. The IDA says the average salary will be in the high $40,000 range. The company will open the plant in early 2023. The company will invest $15 million in the project.
Arbec Forest Products
The company produces oriented strand board, or OSB, a wood panel used in construction. Its production capacity is about 700 million square feet per year. Its Miramichi plant directly employs 123 people. Its products are primarily used in the construction of residential and commercial buildings. Its customers include Tolko Industries Ltd., Weyerhaeuser Company, Ainsworth Lumber Co. Ltd., Roy O. Martin Lumber Company L.L.C, and Suncrest Plydecor. The government of Canada, through the Atlantic Canada Opportunities Agency, has invested $265,500, and the province of New Brunswick is contributing $100,000 to this project. These funds will help the company purchase an automated bundle wrapper and undertake improvements to the surface area around rail lines, which will facilitate product loading.
The forex osb company is also the largest producer of glulam in North America. Its glulam is used to construct structural and non-structural components for both the building and utility industries. Its glulam products are sold through a wide network of distributors. The company has more than 50 plants throughout North America.
Its newest facility is an OSB mill in Amos, Quebec, which it acquired from Forex in April. The move allows the company to consolidate its position in the Canadian forest industry, where it manufactures about five percent of OSB panels in North America. The acquisition also helps to diversify the company’s production capabilities.
Forex surfaced last year on the back of a surge in post-pandemic OSB prices, but the price collapsed by the end of 2022. The company’s deteriorating financial condition led to a CCAA proceeding in February. The sale process went quickly from a site visit to the final transaction in less than four months.
The company has seven sawmills/planning and jointing of wood, located in the Mauricie, Saguenay-Lac-Saint-Jean and North Shore regions of Quebec. In addition to the Wawa OSB plant, it has another in Miramichi with a capacity of 550 million square feet per year. The company also has two plants in the United States, with a combined capacity of 1.7 billion square feet per year.