Columbia intends to purchase Weyerhaeuser underlayment unit. (News).(Columbia Forest Products)(Brief Article)
National Floor Trends, February, 2003
PORTLAND, ORE. -- Columbia Forest Products, parent company of Columbia Flooring, says it plans to purchase the Nipigon Multiply hardwood plywood underlayment operation in Ontario, Canada from Weyerhaeuser Co. Ltd. Terms were not disclosed.
Weyerhaeuser's Building Materials organization will maintain a role as an agent for Columbia in selling and distributing Multiply to North American customers.
Multiply is a branded three-ply aspen 1/4-inch plywood used as an underlayment for vinyl, ceramic and laminate flooring. It holds the second-largest share of the market after lauan.
Columbia plans to retain current staffing levels and current production after the acquisition is complete. The Nipigon Multiply plant was built in 1956 and was purchased...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
