Global manufacturer of oriented strand board reduces production at Georgia mill
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.