West Fraser To Acquire GP OSB

West Fraser Timber Co. Ltd has entered into an agreement to acquire Georgia Pacific's oriented strand board (OSB) mill in South Carolina. After modernization, the facility will enhance West Fraser's OSB portfolio with its location in the U.S. south where fibre is abundant and low-cost. The facility, which initially began producing OSB in 2007, has been idle since late 2019 and has an estimated stated capacity of approximately 760 million square feet (⅜-inch basis).