Norbord Announces Reduced Operating Schedules

TORONTO, CNW — Norbord Inc. has announced that effective March 30, it will commence reducing production across its portfolio of North American oriented strand board (OSB) mills in response to the demand impact of the COVID-19 pandemic. The Company will adjust...

New Home Sales Post Strong February Reading

NAHB — New home sales were solid in February before challenges associated with the coronavirus set in on the economy. Contracts for new, single-family home sales declined slightly in February by 4% to a 756,000 seasonally adjusted annual rate according to...