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Norbord and Ainsworth to Merge to Create Global OSB Leader

2014-12-08 13:44:50| Air Courier - Topix.net

Ltd. today announced that they have signed a definitive agreement under which they will merge to create a leading global wood products company focused on oriented strand board across The combination of Norbord and Ainsworth will create one of the largest and lowest-cost OSB producers globally, with a portfolio of high-quality assets that produce a wide range of products for residential, industrial and specialty applications. The transaction is a compelling strategic fit and offers shareholders, customers, employees and other stakeholders of both companies a significant opportunity owing to the highly complementary nature of the respective operations.

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