LOUISIANA (News release) -- Kronospan announced the closing of its 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 Forest Products to Kronospan.
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 in this regard from prior acquisitions.
As part of the acquisition, Kronospan will retain the facility's 182 team members. The two companies will work to ensure a seamless transition for vendors, suppliers, and customers.
Kronospan is a leading producer of wood panel products. In the U.S., Kronospan currently operates two modern manufacturing locations in Alabama and Pennsylvania - servicing the market with MDF, particleboard and OSB, decorative products and laminate flooring.