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Oregon-based Roseburg Forest Products entered into an agreement with Flakeboard to acquire its Simsboro, La., particleboard manufacturing and laminating facility.
The transaction is expected to be completed in early July, according to the companies.
“This acquisition demonstrates our continued commitment to the composite industry and the customers we serve,” said Allyn Ford, Roseburg’s chief executive and president. “Through our purchase of the plant in Simsboro, Roseburg will own one of the most modern continuous presses in the United States. This unique opportunity will fill a gap in our product line, allowing us to better meet the current and emerging needs of our composite customers.”