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Arauco to stop manufacturing particleboard in St. Stephen

09.09.2019 − 

Arauco North America is to cease particleboard production at its Canadian site in St. Stephen, New Brunswick at the end of 2019. The company blamed this decision on cost disadvantages compared with more modern facilities, high energy costs and its distance to key sales markets. Identical media reports indicate that workers were informed of the decision at a meeting on 21 August. The plans will hit up to 75 of about 250 workers at the location. An MDF plant at the same location is not affected by the decision.

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