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Norbord Announces Reduced Production Schedule for Line 1 At Cordele, Georgia OSB Mill

Aug 29, 2019 - PR Newswire

PR Newswire

 Norbord Inc. (TSX and NYSE: OSB) today announced that effective September 5th, Line 1 of its two-line oriented strand board (OSB) mill in Cordele, Georgia will operate on a reduced 10/4 schedule until further notice 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 on...