Norbord has announced the final portion of its £25m reinvestment programme in its Cowie chipboard plant.
The investment, which will improve and extend the operation, will include the replacement of the forming station and renewal of other pre-press components to provide Norbord with added operating flexibility, a broader product mix, further quality improvements, capacity growth of more than 10% and a reduction in total manufacturing costs.
“The planned cost reductions are important as we strive to partially offset rising wood costs, which are under pressure due to strong competition from the energy sector,” said Karl Morris, managing director of Norbord Europe.
The project will be carried out in two phases – in the fourth quarter of this year and first quarter of 2011.
Norbord installed a new continuous press several years ago which has allowed the company to grow its market share in flooring and other construction-related products.
