Norbord temporarily halts Alberta mill production to comply with wildfire evacuation orders [Toronto Globe and Mail (Ontario, Canada)]
NORBORD INC (OSB)
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Source: Toronto Globe and Mail
Norbord temporarily halts Alberta mill production to comply with wildfire evacuation orders 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. More than 4, people from High Level and the Bushe River First nations reserve were evacuated on Monday as the wildfires burned within 5 kilometres 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. Story continues below advertisement 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 per cent at $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 216, a blaze tore through the town of Fo
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