Uniboard Sells North Carolina MDF Plant

Moncure, NC, Jan. 2, 2012 -- Pfleiderer subsidiary Uniboard USA, said it has signed an agreement to sell its MDF and particleboard facilities in Moncure to a subsidiary of the Chilean manufacturer Paneles Arauco S.A. for $62 million.

Closing of the deal is expected in the first quarter of 2012.

Uniboard Canada will continue to service the Canadian and U.S. market with its full range of products of particleboard, MDF, thermofused melamine including laminate flooring from its mills in Sayabec, Val d’Or, Mont Laurier and Laval.

Pfleiderer announced last year that it is selling its North American operations.