Norbord reduces OSB production; lower demand cited

Norbord reduces OSB production; lower demand cited
    Since September,  Norbord has reduced production at Line 1 of its Cordele, Georgia OSB mill.    At this location Norbord operates two OSB lines. The decision to operate Line 1 on a reduced 10/4 schedule until further notice is due to continued poor market conditions.    US 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 ...

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