Profile: Norbord Inc. (NBD.TO)

Norbord Inc. (Norbord) is an international producer of wood-based panels, with 15 plant locations in the United States, Europe and Canada. Norbord’s panel products include oriented strand board (OSB), medium density fibreboard (MDF), hardwood plywood and particle board. Norbord’s OSB business is located in the South East region of the United States. The Company is also a producer of wood-based panels in Europe. Norbord does not own any timberlands. It purchases wood fibre from third parties that include private landowners and government-owned and -managed timberlands. As of December 31, 2008, the Company's operations included 11 OSB mills, two particleboard mills, two MDF mills, one hardwood plywood mill and a furniture plant. In March 2008, Norbord announced the closure of its particleboard line at Genk, Belgium.