Investment will modernise and almost double capacity of OSB mill
Norbord has announced a £95million investment in its factory, to modernise and expand its orientated strand board (OSB) mill in Inverness, almost doubling its capacity.
The investment, which is supported by a development grand from Highlands and Islands Enterprise of up to €15million, will upgrade the mill to continuous press technology.
Built in the early 1980s, Norbord states the mill was the first in Europe to manufacture OSB and was also the first OSB plant to receive Forest Stewardship Council (FSC) accreditation.
It is expected he expanded mill will come online in the second half of 2017.
Managing director of Norbord Europe and senior vice president of the company Karl Morris commented: “Demand for OSB is increasing rapidly and this investment will ensure we can continue to meet customers’ needs and remain at the forefront of the European industry.
“This investment underscores Norbord’s long-term commitment to Inverness and the Highlands region and we look forward to continuing to play an important role in the community.”