Ainsworth to invest in two OSB mills.AINSWORTH TO INVEST IN TWO OSB OSB abbr. Order of Saint Benedict MILLS. Ainsworth Lumber Co. Ltd., Vancouver, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography , Canada plans to construct two oriented strand board Oriented strand board, or OSB, or waferboard, or Sterling board (UK), is an engineered wood product formed by layering strands (flakes) of wood in specific orientations. (OSB) mills in Prince George and Quesnel, British Columbia Quesnel is a city in the Cariboo District of British Columbia, Canada. Located nearly evenly between the cities of Prince George and Williams Lake, it is on the main route to Northern British Columbia and the Yukon. . Combined capital costs of the two investments are projected to exceed C$ 400 million (US$ 314.8 million). The two mills will produce approximately 1.5 billion square feet (3/8" basis) of panels annually. Ainsworth expects to create 250 jobs in the mills, and another 500 jobs in related woodlands operations. The Ainsworth OSB mills will use logs from beetle-killed pine stands that have degraded, making them undesirable for lumber. |
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