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-0.00135931128228353 -0.00181241504304482 -0.000906207521522409 -0.00271862256456723 -0.00135931128228353 -0.000453103760761124 -0.000453103760761124 -0.000453103760761124
Stock impact report

Norbord temporarily halts Alberta mill production following wildfires [Reuters]

NORBORD INC (OSB) 
US:NYSE Investor Relations: norbord.com/investors
Company Research Source: Reuters
Norbord temporarily halts Alberta mill production following wildfires May 21 (Reuters) - Norbord Inc said on Tuesday it suspended production at its oriented strand board (OSB) mill in High Level, Alberta, to comply with evacuation orders following nearby wildfires. than 4,000 people from High Level and the Bushe River First nations reserve were evacuated on Monday as the wildfires burned within 5 kilometers of the town, fire officials said at a media briefing. All non-essential employees had been safely evacuated and there were no reported injuries, the company said. Norbord, which is the world’s largest producer of OSB, said it was assessing the impact of the halt on production. The company’s shares were down 2.2% at C$29.54 on the Toronto Stock Exchange. OSB is a type of wood panel used to make flooring, industrial containers and furniture. Wildfires are common in western Canada every summer. In 2016, a blaze tore through the town of Fort McMurray in the heart of Alberta’s oil sand Show less Read more
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