Norbord Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2018; Provides Capital Expenditure Guidance for the Year of 2018
Norbord's 2018 capital expenditure budget is $175 million for projects focused on reducing manufacturing costs and increasing productivity across the mills (including the Grande Prairie debottlenecking project), as well as investments to support the company's strategy to increase the production of specialty products for industrial and export markets.