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- Weyerhaeuser bolsters James Hardie offering in Minnesota
Ainsworth Lumber, the Vancouver, B.C. producer of oriented strand board (OSB) and other building materials, has extended the shutdown of its two OSB plants in Minnesota, according to the Associated Press. The facilities in Bemidji and Cook, which were idled in October, will remain closed for the foreseeable future, the wire service reported. Approximately 280 people lost their jobs.
Bruce Rose, Ainsworth’s vp of corporate development, told the Associated Press that the demand for OSB has weakened ever further since October. The Minnesota plants will reopen when the homebuilding market in the U.S. recovers, he said.