West Fraser Pays $280M for Idle OSB Mill

Allendale, SC—West Fraser Timber Co. Ltd. will pay $280 million to acquire and restart Georgia-Pacific’s oriented strand board (OSB) mill near Allendale, SC. The Allendale facility, opened in 2007, has been idle since late 2019 and has an estimated stated capacity of approximately 760 million square feet (3/8-inch-thick basis). West Fraser will invest roughly $70 […]