Kronospan completes acquisition of Louisiana particleboard plant from Roseburg

Kronospan has closed the purchase of Roseburg’s Simsboro, Louisiana, particleboard facility following the expiration of the required regulatory review period. Ownership of the plant has been transferred from Roseburg to Kronospan. Details of the acquisition, originally announced in November, were not released. The company said that the Simsboro particleboard facility will accelerate the growth of Kronospan’s wood panel production in North America. The company is committed to modernizing the facility in the post-acquisition period and has a proven record of accomplishment from prior acquisitions. “This acquisition marks a significant event in the growth of ...