Global manufacturer of oriented strand board reduces production at Georgia mill
by CMO Staff
Norbord is reducing oriented strand board production at its Georgia mill due to poor market conditions
TORONTO – Norbord Inc. announced that effective September 5, Line 1 of its two-line oriented strand board (OSB) mill in Cordele, Georgia will operate on a reduced 10/4 schedule until further notice due to continued poor market conditions.
U.S. homebuilding activity has been pulling back since the fall of last year, resulting in lower-than-anticipated OSB demand to-date. The reduced production schedule at Cordele Line 1 will ensure Norbord continues to only produce what the company can sell as the market approaches the seasonally slower winter months.
The Cordele, Georgia mill has two production lines and a total stated annual production capacity of 1,040 million square feet (3/8-inch basis). The reduced production schedule on Line 1 will impact approx. 12% of the mill’s available capacity.
