Uniboard invests $38.5 million to increase capacity and productivity at its Val-d'Or facility

LAVAL, QC, July 30, 2018 /CNW/ - Following the successful completion of a $53 million investment in Val-d'Or in 2017, Uniboard is pleased to announce an additional $38.5 million investment for its Val-d'Or facility and is the second phase of a major upgrade project to build a world-class particleboard and thermally fused laminate (TFL) facility in Val-d'Or. This new round of modernization will focus on screening, sifting, milling and intermediary storage equipment which will lay the foundation for the following phases of upgrading the Val-d'Or press and finishing lines.

With the installation of new state-of-the art, innovative equipment, Uniboard is pursuing its vision of operational and product excellence for its Val-d'Or facility.  The fiber quality of this region contributes to Val-d'Or's renowned history as being one of North American most appreciated particleboard substrates and decorative melamine panels (TFL) in terms of performance, machinability cost, weight, and colour. The project's new dry preparation capabilities will substantially improve fiber processing efficiency and also involves a new building with state-of-the-art protection safety systems for our employees.

"We are building on 40 years of success in Val-d'Or and raising the bar again. We are taking the next step-up at Val-d'Or so that our customers throughout North America will continue to be well served for the next 40 years", stated James N. Hogg, President and CEO of Uniboard. "This important modernization project confirms Uniboard's leadership position in the North American composite panel industry and allows Uniboard to further enhance its offering of engineered wood and value-added products."

About Uniboard®

Uniboard Canada Inc. is a leading North American manufacturer of engineered wood products, having an installed capacity of over 660 million square feet of raw particleboard, high and medium-density fiberboard, of which over 50% is converted into value-added thermally fused laminate, laminate flooring, engineered flooring and rigid core flooring products. Its mills are located in Sayabec, Val d'Or, Mont-Laurier and Laval and employ over 850 people. Uniboard's products are sold to retailers, distributors and finished goods manufacturers, which cater to the kitchen cabinet, furniture, office, home renovation, construction and floor covering industries. Uniboard is renowned for having one of the most extensive product portfolios of engineered wood products in North America, ranging from deep embossed and synchronized TFL textures to ultra-light MDF. Uniboard, the innovator in decorative composite wood products, has been redefining wood for 35 years. For more information, please visit: www.uniboard.com.

SOURCE UNIBOARD CANADA INC.

James N. Hogg, President and CEO, Uniboard Canada Inc., 1 800 263-5240, Email: [email protected]