February 19, 2016 - Tigercat S855D and LS855D shovel loggers are released with Tigercat FTP Tier 4 power for North American market. Tigercat has released the D-series shovel loggers in North America. Operating at 210 kW (282 hp), the Tigercat FPT powered S855D and LS855D meet Tier 4 emission requirements. Tigercat FPT engines offer improved reliability and lower long-term maintenance costs. Best of all, the engines are fully supported by Tigercat and the Tigercat dealer network. Tigercat will continue to offer the C-series shovel loggers in South America, Australia and New Zealand. The S855D series shovel loggers are a uniquely versatile solution for steep slope and sensitive site logging applications. The LS855D is a quick, nimble and powerful carrier  — well suited to felling, pre-bunching and shovel logging on steep terrain. The LS855D is commonly equipped with a feller director boom and the Tigercat 5195 directional felling head for felling and shovel logging. Alternatively, the carriers can be equipped with a live heel boom system and grapple for pure shovel logging. Along with the high flotation undercarriage, this is an excellent configuration for southern U.S. style log mat-based lowland logging applications. With the patented Tigercat ER boom and energy recovery swing system, the S855D series shovel loggers can cost effectively forward wood to roadside in steep or wet soil conditions up to distances of 80-100 m (260-330 ft). A shovel logger can be strategically located in challenging parts of the cut block to forward trees to the skidder or fell and bunch for a yarding system. Unlike excavator-based shovel loggers with add-on forestry packages, the S855D and LS855D are purpose-built for heavy duty forestry applications. The efficient hydraulic system is optimized for shovel logging and felling with a directional felling head. The LS855D is equipped with Tigercat’s patented levelling system, providing exceptional stability in steep slope applications. It uses two massive hydraulic cylinders and heavy steel sections for a solution that is both simple and robust. The unique geometry of the levelling system promotes balance, poise and stability on slopes. In addition, the ramped undercarriage allows the machines to easily drive up over rocks and stumps.

February 18, 2016 – The Truck Loggers Association (TLA) applauds the 2016 Budget released on Feb. 16.  “It focuses on supporting B.C.’s rural communities where our forest industry continues to create jobs and support communities,” said David Elstone, TLA’s executive director. The potential impacts of wildfire were addressed on two fronts. A new organization, the Forest Enhancement Society of BC, will be established with $85 million of government funds. The society’s focus will be wildfire prevention and mitigation through forest fuel management, reforestation and habitat restoration. Another $10 million will be invested in the Strategic Wildfire Prevention Initiative for community wildfire protection plans, fire smart planning activities and fuel management projects.  “These programs will support the forest industry’s efforts to work with communities to reduce the risk of wildfire in their areas,” said Elstone. Supporting B.C.’s rural towns and villages, the Rural Dividend Program will bring $75 million ($25 million a year, over three years) to communities with populations under 25,000. The intent is to focus on communities in transition and help them stabilize their population and attract new residents.  “Logging contractors are the economic backbone of B.C.’s rural communities and the TLA welcomes building the populations in those areas so our members can continue to build their workforces,” said Elstone. Finally, the government is investing $5 million to build markets for B.C.’s forest products in India. As Minister Steve Thomson, Ministry of Forests, Lands and Natural Resource Operations, has commented before, B.C.’s rural communities did not bear the full brunt of the financial downturn in 2008-09 because of the market government and industry had built and nurtured in Asia, particularly China.  “Further diversification will ensure the forest industry has an even broader market base as world forest product markets inevitably fluctuate,” said Elstone. About TLA The TLA (Truck Loggers Association) represents over 450 independent forest contractors and their suppliers operating on the coast of British Columbia. Our membership supports thousands of workers and, along with other independent contractors, accounts for close to 90% of the trees harvested on the coast. The TLA promotes a thriving, sustainable coastal forest industry in BC.

February 17, 2016 - Following the announcement of funding for 12 new biomass projects across the province, one Manitoba business is excited by the prospect of future growth.South-East Pallet and Wood Products, a sawmill and pallet company based out of Blumenort, a small town 45 minutes southeast of Winnipeg, was one of the 12 applicants chosen to receive funding from the initiative – a collaborative effort between the federal government and the province’s Manitoba Biomass Energy Support Program (MBESP). Jac Siemens, the general manager at South-East, believes the grant will be a valuable step forward for his company, which only recently entered the biomass market after reimagining its production process.  “Five years ago we split a logging sawmill operation into a logging company and a pallet company,” Siemens explained, tracing the decisions that led to their entry into biomass supply in March 2015. “Eventually, though, we had to change how we did business. With our sawmill operation, we ran small single-blade mills out in the bush, and I couldn’t find people to operate them anymore. So what we did was build a sawmill on site in Blumenort.” South-East’s move toward a more consolidated process led the company down a new path when, faced with an accumulation of byproduct at their new site, it decided to invest in the machinery necessary to make its residuals more valuable.“Instead of the sawdust and the wood slabs and the off-cuts remaining in the bush where we would either sell them off — or burn them off in the winter — we now have all that waste in the yard,” said Siemens. “In order to deal with it, we bought a Rotochopper grinder to make biomass for the winter season and landscape mulch for the summer season.”Already one of the largest pallet manufacturers in the province, this transition into a new and growing business market proved more challenging than the company had originally conceived. It soon became clear that no matter how much planning went into their efforts, there would be unexpected bumps in the road. “We did our approximations of how much waste there would be, and built a bunker that was 110 feet wide by 200 feet long. We placed our Rotochopper on top of that, and we built bunkers to house the materials,” Siemens explained.Despite these efforts, Siemens conceded that South-East built the bunker too small. Enter the federal and provincial governments, which will provide up to $500 000 to the 12 chosen projects to help promote environmentally friendly alternatives to coal.The funding for the South-East project will go towards expanding the size of their biomass bunker, as well as the construction of an overhead roof, which will help protect the materials from weather conditions. Taken together, these improvements should help the company double its annual biomass producing capacity.“There are renewable energy resources readily available for use as biomass energy sources,” said Ron Kostyshyn, Manitoba’s Minister of Agriculture, Food and Rural Development. “By increasing our capacity to make and use green energy we are reducing carbon emissions in Manitoba while promoting the growth of new industry.” The generosity and support of the federal and provincial governments is not lost on Siemens, who has a new appreciation for the difficulty of entering the biomass industry.“As we’re new to the market, we’re finding that there’s a lot of opportunity, but also a lot of cost to get into the market,” he said. “You have to buy the equipment, and you have to set the process right.”Despite the challenges, Siemens sees a lot of value and a great deal of potential in the ongoing growth of biomass.“There’s certainly a market, especially with the number of businesses in Manitoba that have to get away from coal,” he said. “A lot of them are moving into biomass. If natural gas isn’t an option for them, they’re moving to biomass over electricity. So we do know that there will be an increase in need for more biomass coming up.”For their part, the federal government is quick to recognize both the environmental and economic benefits this type of sponsorship has the potential to affect.“Making investments that promote the use and development of clean and sustainable technology and processes is a priority for the Government of Canada,” said Lawrence MacAulay, Minister of Agriculture and Agri-Food. “Promoting the use of renewable biomass fuels also generates new economic opportunities for processors and producers.”Other projects that will receive funding include the conversion of two coal-burning energy systems into biomass, and the improvement of an on-site storage facility for finished biomass fuels at Spruce Products Ltd. in Swan River.

February 16, 2016 - Climate change is happening quickly, but forests adapt slowly. That’s the root of the problem that will challenge Canada’s forest industry for the next hundred years.The effects of climate change will vary by region. It is believed that Canada will experience a greater rise in temperature than the predicted global average. During a webinar called Tracking Indicators of Change in January 2016, Dr. Catherine Ste-Marie of Natural Resources Canada noted that under a moderate climate change scenario, where global temperatures are expected to rise 3.2 degrees, Canada’s average is predicted to rise 5.6 degrees. Temperature increases are forecast to be greatest in the high Arctic, and greater in the central portions of the country than along the east and west coasts.Some results of climate change are already evident; the mountain pine beetle infestation is the most obvious consequence, but there are others. More frequent forest fires, covering a larger range. Aspen dieback in Alberta.The Canadian Forest Service has been doing research on climate change for decades. In recent years, much of this work has been channeled into a program called Forest Change. Dr. Ste-Marie explained that the goals of the Forest Change program were: tracking the effects of climate change, creating a suite of tools to support decision-making, and performing assessments that could guide policy and future investments.Which trees are vulnerable?The Canadian Council of Forest Ministers has also supported research into climate change. In one of its early reports, Vulnerability of Canada’s tree species to climate change and management options for adaptation (2009), the lead author, M. Johnson, summarized: “Over the next several decades, the climate in Canadian forests will shift northward at a rate that will likely exceed the ability of individual tree species to migrate. While most tree species can migrate naturally up to a few hundred metres per year via seed dispersal, the climatic conditions in which each species thrives may move north by several thousand metres per year.”“Tree species and genotypes will acclimatize, adapt, and migrate; however, in many cases, the rate and magnitude of future climate change may significantly exceed the ability of tree species to naturally adjust,” he continued.The vulnerability report outlines the following expected trends in species ranges:British Columbia: There is likely to be a decline in spruce-dominated forests in the central and southern interior of British Columbia. Losses of sites suitable for interior Douglas fir are likely in the south beyond 2080.Western boreal: According to most climate model projections, this region will undergo the greatest warming. In the north, warming will lead to the expansion of zones that are suitable for pine species over the short term, but by 2050, total areas suitable for pines will likely be less than present day. In the southern forest-grassland transition zone, warming and drying are likely to result in progressive stages of dieback. Drought-prone spruce will be lost first, followed by pines and then aspen, to be replaced by some form of prairie grassland.Eastern boreal: There is likely to be an increase in productivity and relatively little species loss, although spruces and birch may be out-competed by pine and aspen on drier sites. However, one study projects major losses of area suitable for black spruce and jack pine in central Ontario.Southern Ontario, Québec, and the Maritimes: Species diversity in this region is high, and models project that by 2100, northward shifts of 250–600 km will occur in climate zones that are suitable for many hardwood species. Some of these species presently occur naturally only south of the U.S. border. Balsam fir is likely to disappear from Nova Scotia and most of New Brunswick, and shift north into northeastern Québec and Labrador.There are efforts being made by foresters and researchers regarding selective breeding and assisted migration of tree species to counter the effects of climate change on Canada’s forests, but these do carry some ecological risk and are the subject of some ethical debate. Whether by nature’s hand or man’s, the forest landscape in Canada will change dramatically in the next 100 years.For more information:Natural Resources Canada–Canadian Forest Service’s Forest Change initiative reports on indicators that reflect past trends in, and future projections of, changes across Canada. It also provides adaptation tools and resources for forest managers:  www.cfs.nrcan.gc.ca/forestchange

February 9, 2016 - The Forest Stewardship Council (FSC) recently stated it is abandoning its mediation efforts with Resolute Forest Products, and that Resolute has been unwilling to engage in mediation efforts to resolve issues surrounding suspended FSC certificates. According to a recent article in The Globe and Mail, the FSC is also considering the potential expulsion of Resolute FP from its membership. Resolute is currently the second-largest holder of FSC certifications in North America. In response, Resolute stated that it has not been ‘unwilling’ and expressed legitimate concerns in good faith that have not been addressed. “This is wrong,” said Resolute’s Seth Kursman, vice-president of corporate communications, sustainability and government affairs. “On December 18, Resolute stated that ‘we would certainly support an equitable consultative mediation process.’ We also stated that ‘the provincial governments of Quebec and Ontario would be the only appropriate overseers of a mediation process. They are the stewards of public forests.’ Instead of recognizing this fact, why does FSC choose to misconstrue the facts? Could this be evidence of a strategy to try and isolate Resolute in the public eye?” Kursman continued to state that the mediation process that FSC proposed affects numerous forest products companies, not just Resolute. “Others have expressed concerns, and a number of certificates have been terminated or suspended,” he said. “In fact, FSC suspensions and terminations in Canada currently total 13.8 million hectares. And yet the focus of FSC — like the focus of Greenpeace — has been entirely on Resolute.” To make Resolute’s efforts present to the public, the company published a timeline of all of its recent related correspondence with FSC. “As FSC has failed to respond to these concerns, we have published all of the correspondence that has taken place since that time, so that those interested can learn the truth,” said Kursman. Resolute's published timeline November 25, 2015: Thanks to the significant efforts of our foresters, Resolute received confirmation that our previously suspended FSC certificate in northwestern Ontario had been reinstated. In our press release announcing the reinstatement, we expressed concern that despite the positive development, a number of significant challenges face FSC and its membership in Canada. We noted that we are not alone in these raising these concerns – industry associations in both Quebec and Ontario have made similar observations. Resolute’s release also indicated that “Until significant progress is made in addressing these matters, Resolute will work to maintain its existing FSC forest management certificates where possible, but will not pursue new certification.” November 27, 2015: Kim Carstensen, director general of FSC International, responded harshly, criticizing Resolute for expressing concerns, although past concerns from Greenpeace have been met with praise. On the same day, Resolute’s president and CEO, Richard Garneau, sent a letter explaining our concerns in greater detail. To this day, these concerns have not been addressed or even acknowledged in a meaningful way. November 30, 2015: Quebec’s Minister of Forestry, Wildlife and Parks, Laurent Lessard, firmly defended Quebec’s sustainable forest management record and raising the same concerns about FSC during an FSC conference in Bonn, Germany.December 16, 2015: Three weeks after Resolute explained its concerns in detail, FSC sent a letter to Resolute announcing its intention to launch a mediation process. The letter, sent after the end of the business day, was followed up the next morning with a press release. Greenpeace and WWF both promptly issued press releases urging Resolute to engage in the mediation process. (Resolute responded to WWF’s press release in this blog post.) December 18, 2015: Resolute responded to the announcement of a mediation process with a letter to Kim Carstensen requesting clarification and reiterating its concerns, which were yet to be addressed. Resolute also indicated that the provincial governments would need to lead such a process, given their jurisdiction over the issues at play. Once again, and to this day, Resolute’s questions have yet to receive a substantive response. December 22, 2015: Pekuakamiulnuatsh Takuhikan First Nation announced their intention to participate in FSC’s mediation process, provided that their rights are respected throughout the process. Resolute brought this announcement to the attention of Kim Carstensen, along with a second letter reiterating the need for government to lead any mediation process. December 22, 2015: Quebec’s Minister of Forestry, Wildlife and Parks, Laurent Lessard, sent a letter to Kim Carstensen strongly defending Quebec’s robust forestry practices and confirming what Resolute had previously stated: that Quebec’s provincial government is responsible for the issues FSC proposes addressing in its mediation process. January 8, 2016: The Quebec Forest Industries Council sent a letter to Kim Carstensen confirming that the entire Quebec forest products industry shares the concerns expressed by Resolute, and suggested that the issues at play be resolved through FSC’s existing consultative process. January 12, 2016: Kim Carstensen sent a letter to Richard Garneau, once again ignoring each one of the questions and concerns raised in Resolute’s previous letters, instead requesting a face-to-face meeting on January 27, 2016. Mr. Garneau replied via email reiterating the concerns, and agreeing to a meeting on January 27. January 27, 2016: Richard Garneau joined Minister Lessard, Deputy Minister Richard Savard, QFIC President André Tremblay, and other industry representatives for a meeting with Kim Carstensen in Quebec City. The Minister, Deputy Minister and industry representatives unanimously expressed the same concerns, but again, no meaningful response was given.February 4, 2016: FSC issued a press release announcing that it will abandon its proposed mediation process and instead engage in a “national discussion” with other FSC members. Resolute’s response to this press release can be found here.

February 4, 2015 - Acadian Timber Corp. could be up for sale, for the right price. According to a recent news release, the company’s board of directors recently performed a review of strategic alternatives, which included “a sale of all or parts of its business, a merger or other business combination or other strategic transaction.”  The company’s board of directors has formed a special committee and has engaged Scotiabank as its financial advisor to assist in this process. The review process was not initiated in response to a proposed transaction. “The company does not intend to provide further updates on its strategic review until such time as the board of directors determines is appropriate,” the company stated. “There can be no guarantee that this review will result in a transaction, or if a transaction is undertaken, as to its terms or timing.” About Acadian Timber Corp. Acadian Timber Corp. is a leading supplier of primary forest products in Eastern Canada and the Northeastern U.S. With a total of 2.4 million acres of land under management, Acadian is the second largest timberland operator in New Brunswick and Maine. Acadian owns and manages approximately 1.1 million acres of freehold timberlands in New Brunswick and Maine, and provides management services relating to approximately 1.3 million acres of Crown licensed timberlands in New Brunswick. Acadian also owns and operates a forest nursery in Second Falls, New Brunswick. Acadian's products include softwood and hardwood sawlogs, pulpwood and biomass by-products, sold to approximately 90 regional customers. Acadian's business strategy is to maximize cash flows from its existing timberland assets while growing our business by acquiring assets on a value basis and utilizing our operations-oriented approach to drive improved performance. Acadian's shares are listed for trading on the Toronto Stock Exchange under the symbol ADN.  For further information, please visit our website at www.acadiantimber.com.  Forward-Looking Statements  This News Release contains forward-looking information within the meaning of applicable Canadian securities laws that involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Acadian Timber Corp. and its subsidiaries (collectively, "Acadian"), or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this News Release, such statements may contain such words as "may," "will," "intend," "should," "expect," "believe," "outlook," "predict," "remain," "anticipate," "estimate," "potential," "continue," "plan," "could," "might," "project," "targeting" or the negative of these terms or other similar terminology. These statements, which reflect management's current expectations regarding future events and operating performance, are based on information currently available to management and speak only as of the date of this News Release. All forward-looking statements in this News Release are qualified by these cautionary statements. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, should not be unduly relied upon, and will not necessarily be accurate indications of whether or not such results will be achieved. As noted, there can be no assurance that the strategic review process that is the subject of this release will result in any transaction. Except as required by applicable law, Acadian does not currently intend to disclose further developments with respect to this process, unless and until its Board of Directors approves a specific transaction or otherwise concludes the review of strategic alternatives. For additional information with respect to the inherent risks and uncertainties related to Acadian, reference should be made to the factors discussed under the heading "Risk Factors" in each of the Annual Information Form dated March 24, 2015 and other filings of Acadian made with securities regulatory authorities, which are available on SEDAR at www.sedar.com. Forward-looking information is based on various material factors or assumptions, which are based on information currently available to Acadian. Readers are cautioned that such material factors or assumptions are not exhaustive and that should certain risk or uncertainties materialize, or should underlying estimates or assumptions prove incorrect, actual results, performance and results may vary significantly from those expected. Although the forward-looking statements contained in this News Release are based upon what management believes are reasonable assumptions, Acadian cannot assure readers that actual results will be consistent with these forward-looking statements. The forward-looking statements in this News Release are made as of the date of this News Release, and should not be relied upon as representing Acadian's views as of any date subsequent to the date of this News Release. Potential investors and other readers are urged to consider these factors carefully in evaluating forward-looking information and forward-looking statements and are cautioned not to place undue reliance on any such information or statements. Acadian assumes no obligation to update or revise these forward-looking statements to reflect new information, events, circumstances or otherwise, except as may be required by applicable law.

February 3, 2016 – The Truck Loggers Association congratulates Premier Christy Clark and Minster Steve Thomson on bringing the Great Bear Rainforest Land Use Order into being. “I commend Premier Clark and Minister Thomson on this landmark agreement,” said David Elstone, RPF, TLA executive director. “Our members are the economic backbone on BC’s coastal communities and they appreciate the certainty this agreement achieves.” The TLA represents 450 member companies—many small to medium-sized timber harvesting contractors—operating in BC’s 110 coastal communities. “A core belief of the TLA membership is that people who work in the forests should share in the prosperity,” said Elstone. “That’s why this agreement is so important.” Maintaining a strong working forest also creates jobs in First Nations communities. “The TLA recognizes the rights and title of First Nations and we are working to build mutually beneficial partnerships,” said Elstone. “An agreement such as this one will allow the forest industry to continue to build those relationships.” The TLA (Truck Loggers Association) represents over 450 independent forest contractors and their suppliers operating on the coast of British Columbia. Our membership supports thousands of workers and, along with other independent contractors, accounts for close to 90 per cent of the trees harvested on the coast. The TLA promotes a thriving, sustainable coastal forest industry in BC.

February 3, 2016 - Vaagen Brothers Lumber have posted video footage that takes viewers up close and personal through the complete logging process through the use of an unmanned aerial vehicle.

January 27, 2016 - Building upon the success of the inaugural event in 2015, the second National Wildfire Community Preparedness Day in Canada will be held on May 7, 2016.During Wildfire Community Preparedness Day, communities across Canada are encouraged to participate in local mitigation projects to help reduce the risk of wildfire damage to their homes and neighbourhoods. Groups and individuals can apply for funding to support local events to be held on May 7. Up to 30 projects will be sponsored.“Wildfires have always been a natural process in Canada's forests. However, as we experienced in 2015, a changing climate, increasing large fire activity and increasing development trends create a serious threat throughout Canada – putting neighbourhoods, communities, the public, and firefighter safety at risk every year,” explains Kelly Johnston, executive director of Partners in Protection.The event is organized by Partners in Protection/FireSmart Canada, in collaboration with the National Fire Protection Association (NFPA), the Institute for Catastrophic Loss Prevention (ICLR) and The Co-operators.Shayne Mintz, Canadian regional director of the NFPA, comments: “Each year in Canada, millions of dollars of damage is caused by wildfire and this program is created to help raise wildfire awareness, promote collaboration and bring neighbours together to work on projects that can help protect homes, neighbourhoods and entire communities from future wildfire risk or current post-fire impacts.” Paul Kovacs, executive director of the Institute for Catastrophic Loss Reduction notes that many of the steps that homeowners can take to protect their homes and neighbourhoods from wildfire require nothing more than a small amount of funding, access to the right information and a little bit of elbow grease.National Wildlife Community Preparedness Day projects may include clearing leaves and other combustible debris from around homes and other structures, working with neighbours to get a chipper service to remove slash, and distributing wildfire safety information.To learn more about National Wildlife Community Preparedness Day in Canada, please visit www.firesmartcanada.ca.

Vaagen Brothers Lumber recently posted video footage that takes viewers up close and personal through the complete sawmilling process at the company’s Colville mill through the use of an unmanned aerial vehicle.

January 25, 2015 - In coastal British Columbia, 56 per cent of harvestable timber volume is located on slopes greater than 35 per cent, and forest companies are increasingly turning to this challenging source of fibre as the more easily accessed timber near valley bottoms is exhausted. As part of its Steep Slopes Initiative, FPInnovations is looking for new approaches and technologies to improve timber harvesting safety and efficiency on steep slopes while reducing environmental impacts. To improve accessibility to this resource, FPInnovations’ Resource Roads group recently initiated a project aimed at developing practices for steep road design and construction. As part of this project, the group filmed several logging trucks navigating steep switchbacks and road sections from directly overhead using FPInnovations’ DJI Inspire 1 unmanned aerial vehicle (UAV). The footage was synchronized with cameras attached to the logging truck which looked backwards from the truck cab at the trailer, and from the rear trailer tires looking forward towards the truck cab. Documenting typical travel paths and actual off-tracking of vehicles will help designers improve geometric designs for various truck configurations and terrain conditions. True travel paths used by different drivers can be compared with design models and help improve and calibrate these predictive models, thus improving overall safety. FPInnovations also used the UAV to survey several sections of steep road by flying it in a grid pattern at a constant elevation and taking photos at regular intervals with the camera angled straight down. The data were then used to create a 3D point cloud similar to what could be obtained from LiDAR data. This form of surveying takes considerably less time than conventional surveying, and has a broad range of applications such as auditing road construction progress in real time, conducting as-built surveys, or surveying felled road right-of-ways before road construction occurs. This information can help land managers update plans or identify previously undiscovered environmental concerns. This project showcases some of the interesting technology FPInnovations is using, and innovative applications for using UAVs in forest operations.  For more information on this project, contact This e-mail address is being protected from spambots. You need JavaScript enabled to view it , scientist in the Resource Roads group.

February 9, 2016 - Sierra Pacific Industries is planning to build a greenfield stud mill in Shelton, Wash. and has chosen USNR/Söderhamn Eriksson to supply two vertical Shape Saw lines and horizontal resaw infeed and outfeed, according to the Millwide Insider Express. The order also includes optimization and PLC controls. Sierra Pacific Industries is a third generation, family-owned forest products company, based at Anderson, Calif. The company owns and manages nearly 1.9 million acres of timberland in California and Washington states, and is one of the largest lumber producers in the United States. It also produces millwork, windows and renewable energy.

February 9, 2016 - Tolko Industries, a forest industry leader based in Vernon, has been named one of B.C.’s Top Employers for 2016 in an annual competition organized by the editors of Canada’s Top 100 Employers. Now in its 11th year, the award recognizes employers who lead their industry in offering an exceptional place to work. The public announcement was made in a special magazine distributed by the Vancouver Sun and online at Eluta.ca, one of Canada’s largest job search websites. “I am proud of this recognition, as it validates the continued work on our goal of being the employer of choice within the forest sector,” said Brad Thorlakson, president and CEO of Tolko Industries. “Our people drive our success, and we remain committed to attracting and retaining talented people that reflect Tolko values and possess the right skills and expertise to help us grow.” Businesses are evaluated by the editors of Canada’s Top 100 Employers based on a set of eight criteria: 1.Physical Workplace 2.Work Atmosphere & Social 3.Health, Financial & Family Benefits 4.Vacation & Time Off 5.Employee Communications 6.Performance Management 7.Training & Skills Development 8.Community Involvement “Being named one of BC’s Top Employers is well-deserved recognition for our employees and the work that they have done. We are looking forward to continuing this momentum for the years to come,”added Thorlakson. More information about the award can be viewed at the BC’s Top Employers website. About Tolko Industries Ltd. Tolko is a family-owned, private company that manufactures and markets specialty forest products to world markets. Their products include lumber, plywood, veneer, oriented strand board, unbleached kraft papers, and a growing number of wood products manufactured at operations across Western Canada. Tolko remains a proud supporter of the Forest Products Association of Canada (FPAC) and is committed to environmental stewardship. 

February 4, 2016 - An updated edition of the only American national standard for repair of motors and generators, ANSI/EASA AR100-2015: Recommended Practice for the Repair of Rotating Electrical Apparatus, was recently published for use by the repair industry and its customers. The standard describes industry best practices for the repair, rewinding, and testing of electrical apparatus in order to maintain or enhance the energy efficiency and reliability of both AC and DC motors and generators. ANSI requires that standards be re-approved at least every five years, prompting the review and approval of the AR100-2015 edition. The revision introduced new requirements, added or tightened performance tolerances in several critical areas, and expanded testing procedures. The standard now includes requirements relating to the machining of commutators and slip rings, and establishes temperature limits for the process of removing motor windings. Additional performance tolerances were added for balancing motors rated above 2,500 rpm. Finally, testing procedures were established or clarified relating to bearing insulation, winding surge comparison and resistance, no-load performance and vibration.    “Since ANSI recognizes only one standard on a topic, EASA’s ANSI/EASA AR100 is the standard for repair of rotating electrical equipment. End users should ensure their service centres are repairing in accordance with ANSI/EASA AR100-2015 to be assured of receiving quality repairs that maintain reliability and efficiency” says Linda Raynes, EASA president and CEO.   The recommended practice may be downloaded at no cost from EASA’s website at www.easa.com.  About EASA EASA is an international trade organization consisting of more than 1,800 electromechanical sales and service firms in 65 countries. EASA provides engineering support, education and a variety of technical, management and sales/marketing programs related to sales, service and maintenance of motors, pumps, generators and other electromechanical equipment. 

February 4, 2016 – Columbia Forest Products recently announced the promotion of three senior-level employees to the company’s executive team. The promotions were announced by the company's president and CEO Brad Thompson: •Gary Gillespie has been promoted to executive vice-president responsible for all of Columbia’s Canadian plywood operations and the company’s decorative veneer operations. Gillespie is also a member of the board of directors for Columbia Forest Products.  •Greg Pray has been promoted to executive vice-president responsible for all of Columbia’s plywood operations located in the United States. In addition, Pray has been named to Columbia’s board of directors.  •Dave Abts has been promoted to executive vice-president with responsibility for manufacturing, which includes logistics, materials, corporate engineering, manufacturing lean systems, and innovation. Abts is also a member of the board of directors for Columbia Forest Products.  Thompson reported that these changes represent the “first phase of a thoughtful and controlled succession process that will keep Columbia Forest Products on its path to a vibrant future.”  About Columbia Forest Products Established in 1957, Columbia Forest Products has provided fine decorative hardwood plywood panels to the woodworking industry for nearly 60 years. Columbia’s decorative veneers and panels are used in high-quality cabinetry, fine furniture, architectural millwork and commercial fixtures.  As an employee stock owned manufacturing firm (ESOP), Columbia is committed to offering products with integrity, originating from responsibly managed forestlands and assembled with EPA award-winning PureBond® formaldehyde-free technology. All Columbia products are backed by exceptional customer service and technical support. Website address: www.cfpwood.com.

February 3, 2016 – BID Group of Companies (BID Group) has been selected by Biewer Lumber (Biewer) to deliver a state-of-the-art turnkey mill in Newton, Mississippi. Construction will begin in the second quarter of 2016 and will continue throughout the year with mill production scheduled for the second quarter of 2017.  The successful execution of the project will require the combined efforts of BID Group’s facilities located throughout North America. The Newton mill will be Biewer’s first in the U.S. South. BID Group is excited to be part of Biewer’s expansion and the benefits that the project and the operations will provide for both the company and the community.  The Newton sawmill will feature state-of-the-art technologies specifically designed, supplied, and installed by the BID Group including a Comact optimized log bucking system, a Comact saw line with profiling systems, and a fully-automated mill outfeed. The planer mill will be equipped with the all-new Miller high speed planer, a Comact GradExpert and a fully-automated mill outfeed specialized in cut-in-two handling.  Lumber drying will utilize continuous kiln technology provided through two Deltech dual path kilns.  The Biewer project is the result of BID Group’s expansion strategy in the southern U.S. Since 2013, BID Group’s business focus has been to establish a southern regional base consisting of a local manufacturing facility with the ability to offer regionally based after-sales services. BID Group now has a world class complex in South Carolina in addition to 13 other facilities spread across the continent to better serve regional needs while reducing geographical costs and barriers.  “BID Group thanks Biewer Lumber for the opportunity to supply and install the Newton sawmill as well as the opportunity to establish a strong relationship with both Biewer and the community of Newton,” said BID Group CEO Alistair Cook.  About the BID Group of Companies  The privately owned BID Group family of companies has over 30 years of experience in providing industry leading solutions for its highly valued customers. Powered by Comact, PHL, Deltech, SEC, Miller and BID Group Construction, the company provides innovative, efficient and reliable equipment to exceed our customers expectations. Our ability to provide a turn key solution that includes engineering, project management, installation, startup, and after sales service furthers our strategic value to our customers. The company has offices in fourteen locations across continental North America. Learn more about BID Group on www.bidgroup.ca. 

February 3, 2016 - As of Feb. 8, 2016, Tembec will suspend operations at its Senneterre sawmill for an indefinite period due to the persistent weakness in the North American softwood lumber market and the high cost of wood supply in the Abitibi-Témiscamingue region. This represents 148 direct jobs at Tembec. "The suspension of operations is related to the current low-selling prices of stud lumber, combined with the high cost of wood supply. While this is difficult for our employees, contractors and the communities affected, this decision is necessary to minimize losses," said James Lopez, Tembec's president and CEO. "We continue to carefully assess the evolution of market conditions and to work with the Government of Québec to find solutions to the high cost of fibre.” About Tembec Tembec is a manufacturer of forest products – lumber, pulp, paper and specialty cellulose – and a global leader in sustainable forest management practices. Principal operations are in Canada and France. Tembec has approximately 3,250 employees and annual sales of approximately $1.5 billion. Tembec is listed on the Toronto Stock Exchange (TMB). Source: Tembec 

January 22, 2016 - Canfor Corporation has entered into an agreement to purchase the assets of Wynndel Box and Lumber Ltd., located in the Creston Valley of British Columbia. Wynndel Box and Lumber produces premium boards and customized specialty wood products sold under the brand name WynnWood.  Canfor stated that the company has access to “exceptionally high-quality fibre and will advance Canfor's ability to produce a broader mix of higher value specialty products.”  The purchase includes a sawmill located in Wynndel, B.C. with an annual production capacity of 65 million bdft., and approximately 65,000 cu. m. of annual harvesting rights in the Kootenay Lake Timber Supply Area.  The agreement is expected to close in the second quarter of 2016 and is subject to customary closing conditions. "This acquisition will further increase our focus on specialty markets worldwide," said Canfor Corporation president and CEO Don Kayne. "We are pleased to further grow and diversify the product line we are able to provide to our global customers, and to welcome our new colleagues at WynnWood to Canfor." About Canfor Canfor is a leading integrated forest products company based in Vancouver, British Columbia ("BC") with interests in BC, Alberta, North and South Carolina, Alabama, Georgia, Mississippi and Arkansas.  Canfor produces primarily softwood lumber and also owns a 51.9% interest in Canfor Pulp Products Inc., which is one of the largest producers of market northern bleached softwood kraft pulp and a leading producer of high performance kraft paper.  Canfor shares are traded on the Toronto Stock Exchange under the symbol CFP. Source: Canfor Corporation

January 20, 2016 - Tolko Industries Ltd. is planning on curtailing operation of its eight inch canter line at its Lakeview Mill in Williams Lake, B.C. as of March 4, 2016, according a recent report by The Williams Lake Tribune. The article cites ongoing degradation in log fibre quality, increasing log costs and the continued downturn in the Chinese market as the reasons behind the decision. For read the full article, click here.

January 20, 2016 - The Canadian Woodlands Forum’s two-day workshop, “Optimizing the Hardwood Value Chain: From Seedling to End Product,” will provide a forum for communication and collaboration regarding the growing of quality hardwoods and the production of quality end products. The program will present advances in hardwood silvics and management approaches and tools, innovative harvesting practices & log optimization, hardwood sawmilling processes and the needs of secondary manufacturing facilities. The workshop will take place on Feb. 17 and 18, 2016 at the Madawaska Historical Museum in Edmundston, N.B. For program and registration details, click here.

January 18, 2016 - On Jan. 14, Leif Erlandsson took up his new role as president and CEO of WoodEye AB in Linköping, Sweden. With its timber scanner, WoodEye AB is a world-leading supplier of image systems for quality and production control within the woodworking industry.  Erlandsson was acting CEO and president of Woodeye AB from 1997 to 2008. Following 10 years at WoodEye, Erlandsson continued his career within the high tech industry with companies such as CybAero AB and Intuitive Aerial AB, as well as business coach at Sweden`s most prominent business incubator LEAD in Linköping and as entrepreneur in several start-ups.  Leif Erlandsson succeeds Jonas Eklind, who has left WoodEye to head cleantech company Cleanergy AB in Gothenburg, Sweden.  “We are extremely pleased that Leif has chosen to come back to work with us,” says WoodEye chairman Federico Giudiceandrea. “Leif knows the company and the industry and has an abundance of experience in the woodworking industry and in managing international tech-based companies”.  WoodEye is one of the world’s leading image processing companies. The company’s focus is entirely on the woodworking business. WoodEye has performed more than 550 scanner installations worldwide. Customers include many of the world’s leading sawmills and producers of components, furniture, windows, construction timber and glulam beams, panel and edge planning, glulam segments for panels, parquet and flooring.  “It is great to be back at WoodEye,” says Erlandsson. “WoodEye is one of the strongest trademarks in the industry and is the home of some of the brightest minds within the image processing community, it is a great team to lead.” Source: WoodEye AB

January 13, 2016 – No one was injured in a small fire and explosion that ripped through a sawmill in Port Moody, B.C.

February 18, 2016 - Norbord Inc. today announced that its shares have been authorized for listing on the New York Stock Exchange (NYSE). Norbord expects its shares to begin trading on the NYSE on February 19, 2016 under the symbol "OSB". The company will retain its primary listing on the Toronto Stock Exchange (TSX), but is changing its ticker symbol on the TSX to "OSB", effective Feb. 19, 2016. In connection with its application to list on the NYSE, Norbord filed a registration statement on Form 40-F with the US Securities and Exchange Commission. A copy of Norbord's Form 40-F is available at www.sec.gov. Norbord profile Norbord Inc. is a leading global manufacturer of wood-based panels and the world's largest producer of oriented strand board (OSB).  In addition to OSB, Norbord manufactures particleboard, medium density fibreboard and related value-added products.  Norbord has assets of approximately US$1.6 billion and employs approximately 2,600 people at 17 plant locations in the United States, Canada and Europe.  Norbord is a publicly traded company listed on the TSX and will soon be listed on the NYSE under the symbol OSB. This news release contains forward-looking statements, as defined by applicable securities legislation, including statements regarding listing of the shares on the NYSE and the related symbol change on the TSX. Often, but not always, forward-looking statements can be identified by the use of words such as  "expect," "believe," "forecast," "likely," "support," "target," "consider," "continue," "suggest," "intend,"  "should," "appear," "would," "will," "will not," "plan," "can," "may," and other expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters identify forward-looking statements.  Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Norbord to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Although Norbord believes it has a reasonable basis for making these forward-looking statements, readers are cautioned not to place undue reliance on such forward-looking information.  By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, which contribute to the possibility that the predictions, forecasts and other forward-looking statements will not occur.  Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements included in this news release include the risk that the timing of the listing and/or symbol change could be modified and the possibility that the listing may not occur as planned. Except as required by applicable law, Norbord does not undertake to update any forward-looking statements, whether written or oral, that may be made from time to time by, or on behalf of, the Company, whether as a result of new information, future events or otherwise, or to publicly update or revise the above list of factors affecting this information.  See the "Caution Regarding Forward-Looking Information" statement in the January 27, 2016 Annual Information Form and the cautionary statement contained in the "Forward-Looking Statements" section of the 2015 Management's Discussion and Analysis dated January 27, 2016.Source: Norbord Inc.

January 19, 2016 - Norbord Inc. announced that the Quebec Minister of Forests, Wildlife and Parks has terminated the wood license associated with its curtailed Val-d'Or, Quebec OSB mill. Production at the Val-d'Or mill was indefinitely suspended in 2012 following persistently weak North American housing market conditions and lower demand for OSB. This development is not expected to have any impact on the company's financial results. "This is disappointing news, but in the bigger picture, we firmly believe that our Val-d'Or mill is the best alternative for the aspen pulpwood in that region," said Peter Wijnbergen, Norbord's president and CEO. "Unfortunately, market conditions do not yet justify a restart at Val-d'Or, but we are exploring options for the mill and are committed to a restart once market conditions are supportive. The Ministry has confirmed we can reapply for a wood license when we are ready to restart the mill." Norbord is the world's largest OSB producer and continues to operate in the Abitibi region at its La Sarre, Que. OSB mill. Since 2012, the company has invested and committed capital in excess of US$35 million to optimize that mill's capacity and ensure its long-term competitiveness. About Norbord Norbord Inc. is a leading global manufacturer of wood-based panels and the world's largest producer of oriented strand board (OSB). In addition to OSB, Norbord manufactures particleboard, medium density fibreboard and related value-added products. Norbord has assets of approximately $1.8 billion and employs approximately 2,600 people at 17 plant locations in the United States, Canada and Europe.  Norbord is a publicly traded company listed on the Toronto Stock Exchange under the symbol NBD. This news release contains forward-looking statements, as defined in applicable legislation, including statements related to our strategy, projects, plans, future financial or operating performance and other statements that express management's expectations or estimates of future performance. Often, but not always, words such as  "expect," "believe," "forecast," "likely," "support," "target," "consider," "continue," "suggest," "intend,"  "should," "appear," "would," "will," "will not," "plan," "can," "may," and other expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Norbord to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Although Norbord believes it has a reasonable basis for making these forward-looking statements, readers are cautioned not to place undue reliance on such forward-looking information.  By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, which contribute to the possibility that the predictions, forecasts and other forward-looking statements will not occur.  Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include:  general economic conditions; risks inherent with product concentration; effects of competition and product pricing pressures; risks inherent with customer dependence; effects of variations in the price and availability of manufacturing inputs; risks inherent with a capital intensive industry; ability to realize synergies; and other risks and factors described from time to time in filings with Canadian securities regulatory authorities. Except as required by applicable laws, Norbord does not undertake to update any forward-looking statements, whether as a result of new information, future events or otherwise, or to publicly update or revise the above list of factors affecting this information.  See the "Caution Regarding Forward-Looking Information" statement in the January 27, 2015 Annual Information Form and the cautionary statement contained in the "Forward-Looking Statements" section of the 2014 Management's Discussion and Analysis dated January 27, 2015 and Q3 2015 Management's Discussion and Analysis dated October 29, 2015. Source: Norbord Inc.

December 17, 2015 – In the first half of 2015 Alberta’s forest sector began to slow, but remains stable. Values of lumber, pulp and paper, and panelboard manufactured by Alberta Forest Products Association (AFPA) members totalled $750 million in the first quarter of 2015 and $718 million in the second quarter. The numbers reflect a 4.4 per cent increase from the first quarter of 2014, followed by a year-over-year decline of 1.3 per cent in the second quarter. "Our industry has many opportunities that bode well for the future," said AFPA president and CEO Paul Whittaker. “We have seen an increase in the generation of green power, development of markets abroad, and the use of cutting-edge technology in facilities.”  Whittaker noted that despite some positive news, the industry also faces a number of challenges, including the expiration of the Softwood Lumber Agreement with the United States, the mountain pine beetle, and a slowing economy in Canada.  “Some of these challenges are certainly contributing to slower growth in the sector,” he said. “Now, more than ever, it is important for the forestry sector, government, and communities to work closely together to ensure that the forest industry remains a vital contributor to Alberta.” Alberta’s forest industry is a significant contributor to 70 Alberta communities. About 15,000 Albertans work in the industry and an additional 30,000 are employed through economic activities generated by the sector. The industry has invested in future sustainability through market diversification initiatives and capital projects. These include an increased focus on Asian market development and investments to generate electricity from renewable forestry biomass. More information can be found on our website at albertaforestproducts.ca. About AFPA The Alberta Forest Products Association is a private, non-profit industry organization, representing lumber, panelboard, pulp and paper, and secondary manufacturing wood products companies operating in Alberta. AFPA member companies are active participants in sustainability advancements that contribute economic, environmental, and social benefits for Albertans.

December 10, 2015 - Arauco recently announced it has agreed to purchase 50 per cent of the shares of Spanish company Tafisa, which represents a US$150 million investment. With this purchase, Arauco enters the European and South African markets. Tafisa owns 10 panel mills that are distributed in Spain, Portugal, Germany and South Africa. Combined, these production facilities employ 3,000 people and produce a total of 4.2 million m3 of panels.  This company is currently a subsidiary of Portuguese group Sonae. Once the transaction is complete, the new company will be called Sonae-Arauco. The corporation in which Arauco will participate, which has estimated annual sales for US$ 900 million, produces and sells OSB, MDF, and PB panels, as well as sawn timber. Arauco will operate two panel mills and one saw mill in Spain; two panel mills and one resin facility in Portugal; four panel mills in Germany and two in South Africa. Sonae-Arauco’s production capacity will be about 460,000 m3 of OSB, 1.45 million m3 of MDF, 2.27 million m3 of PB and 100,000 m3 of sawn timber. This investment will rank Arauco as the second producer in the wood panel global ranking, with an annual production of 9 million m3, which includes 50 per cent of Tafisa’s production. Matías Domeyko, Arauco’s CEO, said this action “aligned with positioning Arauco as a global company that is present in the world and embracing new challenges. This is also a very good opportunity to diversify geographically in relevant markets, with good perspectives.”   Evolution of Arauco’s panel business Arauco has achieved a sustained increase in terms of production in the panel business, mainly due to the expansion toward Argentina and Brazil in past decades, and the acquisitions, in 2012, of production facilities located in the United States and Canada. This increase has positioned the company as one of the primary producers at the global level, with a combined production capacity of 6.6 million m3 in its 16 facilities. In addition, Arauco has plans to build a new panel mill in Michigan, which will have an annual production capacity of 750,000 m3. Construction work for this facility is expected to begin in 2016. Sales of the wood panel business in 2014 were US$1.851 million.

November 20, 2015 - Luxor Industrial Corporation (Luxor) announced that its Canadian framing division, Mill Frame Inc. (MF Inc.) has signed its first contract with Quantum Place Developments Ltd. of Alberta. (http://quantumplace.ca/) The contract for the Raven Rock project located in Canmore, Alta. is in excess of $1 million. MF Inc. is the exclusive framer for Quantum Place Development Ltd. In addition to providing framing, MF Inc. will be supplying pre-fabricated wall panels and precision cut engineered wood floor systems for the project commencing in November, 2015. In the forward period, MF Inc. has several million dollars in letters of intent and signed off quotation sheets. The company will advise details as contracts are signed. On November 5, 2015, Luxor announced that it had entered into two non-binding letters of intent to acquire the wood framing businesses of Colt Builders Inc. in Canada and Mill Frame LLC (www.Millframe.com) of the United States. Such businesses are involved in the turnkey framing of housing projects in Canada and the United States. Terry Lashman, CEO of Luxor advises, "All parties are fast tracking the closing of the acquisitions as well as expansion to the western United States. We anticipate significant growth for Luxor from these acquisitions and we are extremely pleased with the working relationship with the new members of the management team." About Luxor Industrial Corporation Luxor is involved in the development, engineering, manufacturing and marketing of engineered wood products and operates in three sectors. In the industrial sector, it manufacturers wood mat products for various applications including transmission lines, pipelines, wind farms, staging areas, boardwalks and pathways and oil and gas and mining operations. In residential construction, it manufactures and markets its patented IBS 2000® and patent pending IBS3000 engineered floor bridging. Luxor has spent years analyzing wood-frame flo construction, establishing itself as a leading authority in wood floor performance engineering. Luxor also manufactures and markets other building components, architectural wood products and offers various custom wood cutting services. In the commercial sector it distributes and designs engineered wood products (laminated beams) for use in large wood structures. This news release contains forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of Luxor, such as statements that the company may enter into and close the definitive agreements as contemplated and that the company may raise financing to fund the development of the acquired businesses. There are numerous risks and uncertainties that could cause actual results and Luxor's plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) adverse market conditions; (ii) the inability of Luxor to raise funds to execute on its business plan with respect to the recently acquired wood framing businesses; (iii) the Exchange not approving the transactions; or (iv) the inability to close the transactions for any reason. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Luxor does not intend to update these forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

November 18, 2015 - Canada Wood Group (CWG) announced that effective immediately, Scott Ellinger has been appointed Canada Wood China managing director. He will work out of the Shanghai office. Ellinger served in prominent positions throughout a 22-year decorated career in the U.S. Army. This included a term as a Sino-Affairs expert for the U.S. Joint Chiefs of Staff as well as various U.S. Embassy and consular office roles held overseas. Ellinger also worked for two private sector companies providing strategic management and guidance to their Asian operations. As the new managing director, Mr. Ellinger will further strengthen Canada Wood's efforts in the People's Republic of China. Ellinger has resided in numerous Asian locations for the past 17 years including Beijing, Shanghai, Taipei and various cities in Korea and Japan. He is fluent in Mandarin Chinese and Korean and brings to the position knowledge of Chinese customs and business practices combined with expertise in people management and strategic development. Ellinger will be travelling to Canada in early 2016 for orientation and to meet funders and industry stakeholders. About Canada Wood Group Established in 2003, CWG is a non-profit government and industry funded trade association that represents nine wood product associations located across Canada. With offices in China, Europe, Japan, Korea, India and a head office in Canada, CWG helps Canadian wood products manufacturers diversify and expand export opportunities in traditional and emerging markets.Source: Canada Wood Group

October 30, 2015 - Norbord Inc. today reported Adjusted EBITDA of $30 million in the third quarter of 2015 compared to $19 million in both the second quarter of 2015 and third quarter of 2014. The increase versus the two comparative periods is primarily due to higher shipment volumes and a number of cost improvements. North American operations generated Adjusted EBITDA of $22 million in the quarter compared to $11 million in both the prior quarter and the same quarter last year. European operations delivered Adjusted EBITDA of $11 million in the quarter versus $10 million in the prior quarter and $11 million in the same quarter last year. "Our improved financial results reflect the excellent operational performance of our North American and European mills," said Peter Wijnbergen, Norbord's president and CEO. "Our continued focus on controllables has generated $24 million more EBITDA year-to-date from increased productivity and lower raw materials usage. These improvements are positively impacting our manufacturing costs along with lower resin prices and the weaker Canadian dollar. North American housing demand continues to grow and sales to our home construction, home improvement and industrial customers are all increasing.  While the recent increase in North American OSB prices is not yet visible in our financial results due to the lag effect of maintaining an order file, we will see this benefit in the fourth quarter. "In Europe, our panel business delivered another solid quarter. Sales volumes in our key U.K. and German markets continue to improve and are offsetting the impact of lower OSB prices and the weaker Euro. Encouragingly, we believe we have finally seen a bottom in the downward OSB price trend on the continent. "Finally, we have made steady progress on our integration efforts following our merger with Ainsworth six months ago. To date, we have captured $20 million of our $45 million annualized synergies target, with further operational and sales/logistics benefits to come by year-end." Norbord recorded an adjusted loss of $4 million or $0.05 per share (basic and diluted) in the third quarter of 2015 compared to an adjusted loss of $12 million or $0.14 per share (basic and diluted) in the prior quarter and $11 million or $0.13 per share (basic and diluted) in the third quarter of 2014.  Adjusted losses exclude non-recurring items and use a normalized income tax rate: Market conditions In North America, September year-to-date U.S. housing starts were up 12 per cent versus the same period in 2014 and the current seasonally-adjusted annualized rate is 1.21 million. Single family starts, which use approximately three times more OSB than multi-family, increased by 11 per cent. Permits were 13 per cent higher year-to-date. The consensus forecast from U.S. housing economists is approximately 1.1 million starts for 2015, which would be a 10 per cent improvement over last year. After bottoming in early August, North American benchmark OSB prices increased steadily during the remainder of the quarter as U.S. new home construction activity and OSB demand continued to improve. The North Central benchmark OSB price averaged $204 per thousand square feet (Msf) (7/16-inch basis) for the quarter, compared to $193 per Msf in the previous quarter and $216 per Msf in the same quarter last year. In the South East region, where approximately 35 per cent of Norbord's North American OSB capacity is located, benchmark prices were largely unchanged, averaging $176 per Msf compared to $174 per Msf in the prior quarter and $177 per Msf in the same quarter last year. The Western Canada benchmark averaged $158 per Msf for the quarter, compared to $152 per Msf in the previous quarter and $187 per Msf in the same quarter last year.In Europe, panel demand continues to grow, reflecting improving housing markets and OSB substitution in the Company's core geographies, particularly the U.K. and Germany. OSB prices remained under pressure year-over-year as eastern European supply was redirected toward the west due to the ongoing Ukraine conflict, but were flat quarter-over-quarter for the first time in 12 months. Particleboard prices remained steady, while medium density fibreboard (MDF) prices were down slightly. As a result, third quarter average panel prices were in line with the prior quarter and 10 per cent lower than the same quarter last year. Performance North American OSB shipments increased two per cent quarter-over-quarter and year-to-date and three per cent year-over-year, primarily due to increased mill productivity and fewer maintenance shuts.  Norbord's operating North American OSB mills produced at approximately 90 per cent of stated capacity (excluding the two curtailed mills in Huguley, Alabama and Val-d'Or, Quebec), unchanged from the prior quarter and up from 85 per cent in the same quarter last year. Mill productivity improved year-over-year with capacity utilization impacted by the timing of maintenance shuts. Two mills achieved quarterly production records. Norbord's North American OSB cash production costs per unit decreased by four  per cent compared to the prior quarter, 14 per cent versus the same quarter last year and nine  per cent year-to-date. Unit costs declined due to improved productivity, lower raw material use and resin prices, fewer maintenance shuts and the weaker Canadian dollar. In Europe, Norbord's shipments increased three per cent versus the prior quarter, five  per cent versus the same quarter last year and four per cent year-to-date. One mill achieved a quarterly production record and the European operations produced at approximately 100 per cent of stated capacity, unchanged from both the prior quarter and the same quarter last year (90 per cent based on restated capacity disclosed at year-end 2014).  Norbord's mills delivered Margin Improvement Program (MIP) gains of $34 million year-to-date primarily from improved productivity and lower raw material use.  MIP gains are measured relative to the prior year at constant prices and exchange rates. Capital investments totalled $43 million year-to-date, down from $88 million in 2014 due to the larger scope of capital projects undertaken last year. Norbord's 2015 planned capital expenditures remain targeted at $70 million and include further debottlenecking and cost reduction projects under the Company's multi-year capital reinvestment strategy. Operating working capital was $145 million at quarter-end compared to $151 million in the prior quarter and $121 million at the end of the same quarter last year with changes primarily driven by the timing of both payments and maintenance shuts. At quarter-end, Norbord had unutilized liquidity of $323 million, consisting of $2 million in cash and $321 million in unused credit lines. At quarter-end, $44 million was drawn under the accounts receivable securitization program. The Company's tangible net worth was $722 million and net debt to capitalization on a book basis was 51 per cent. Both ratios remain well within bank covenants.  Dividend The Board of Directors declared a quarterly dividend of CAD $0.10 per common share, payable on December 21, 2015 to shareholders of record on December 1, 2015. Norbord's variable dividend policy targets the payment to shareholders of a portion of free cash flow based upon the Company's financial position, results of operations, cash flow, capital requirements and restrictions under the Company's revolving bank lines, as well as the market outlook for the Company's principal products and broader market and economic conditions, among other factors. The Board retains the discretion to amend the Company's dividend policy in any manner and at any time as it may deem necessary or appropriate in the future. For these reasons, as well as others, the Board in its sole discretion can decide to increase, maintain, decrease, suspend or discontinue the payment of cash dividends in the future. Normal Course Issuer Bid Norbord also announced today that the Toronto Stock Exchange (TSX) has accepted its notice of intention to conduct a normal course issuer bid in accordance with TSX rules. Under the bid, Norbord may purchase up to 4,270,085 of its common shares, representing five per cent of the company's issued and outstanding common shares of 85,401,715 as of October 20, 2015, pursuant to TSX rules. Purchases under the bid may commence on November 3, 2015, and will terminate on the earlier of November 2, 2016, the date Norbord completes its purchases pursuant to the notice of intention to make a normal course issuer bid filed with the TSX or the date of notice by Norbord of termination of the bid. Purchases will be made on the open market by Norbord through the facilities of the TSX or alternative trading systems, if eligible, in accordance with the requirements of the TSX and applicable Canadian securities laws. The price that Norbord will pay for any such common shares will be the market price of such shares at the time of acquisition. Common shares purchased under the bid will be cancelled. Norbord's average daily trading volume on the TSX during the last six calendar months was 198,359 common shares. Daily purchases of common shares will not exceed 49,589 subject to the Company's ability to make "block" purchases under the rules of the TSX. Norbord did not acquire any common shares in the past 12 months. Norbord believes that the market price of its common shares at certain times may be attractive and that the purchase of these common shares from time to time would be an appropriate use of Norbord's funds in light of potential benefits to remaining shareholders. From time to time, when Norbord does not possess material non-public information about itself or its securities, it may enter into an automatic purchase plan with its broker to allow for the purchase of common shares at times when Norbord ordinarily would not be active in the market due to its own internal trading blackout periods, insider trading rules or otherwise. Any such plans entered into with Norbord's broker will be adopted in accordance with applicable Canadian securities laws. Additional information Norbord's Q3 2015 letter to shareholders, news release, management's discussion and analysis, consolidated unaudited interim financial statements and notes to the financial statements have been filed on SEDAR (www.sedar.com) and are available in the investor section of the Company's website at www.norbord.com.  The company has also made available on its website presentation materials containing certain historical and forward-looking information relating to Norbord, including materials that contain additional information about the Company's financial results.  Shareholders are encouraged to read this material. Note:  Financial references in US dollars unless otherwise indicated.  Results reflect combined company performance following completion of merger with Ainsworth Lumber Co. Ltd. (Ainsworth) on March 31, 2015 and all prior period comparatives have been restated. Norbord profile Norbord Inc. is a leading global manufacturer of wood-based panels and the world's largest producer of oriented strand board (OSB).  In addition to OSB, Norbord manufactures particleboard, medium density fibreboard and related value-added products.  Norbord has assets of approximately $1.8 billion and employs approximately 2,600 people at 17 plant locations in the United States, Canada and Europe.  Norbord is a publicly traded company listed on the Toronto Stock Exchange under the symbol NBD. This news release contains forward-looking statements, as defined in applicable legislation, including statements related to our strategy, projects, plans, future financial or operating performance and other statements that express management's expectations or estimates of future performance. Often, but not always, words such as  "expect," "believe," "forecast," "likely," "support," "target," "consider," "continue," "suggest," "intend,"  "should," "appear," "would," "will," "will not," "plan," "can," "may," and other expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Norbord to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Although Norbord believes it has a reasonable basis for making these forward-looking statements, readers are cautioned not to place undue reliance on such forward-looking information. By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, which contribute to the possibility that the predictions, forecasts and other forward-looking statements will not occur. Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include:  general economic conditions; risks inherent with product concentration; effects of competition and product pricing pressures; risks inherent with customer dependence; effects of variations in the price and availability of manufacturing inputs; risks inherent with a capital intensive industry; ability to realize synergies; and other risks and factors described from time to time in filings with Canadian securities regulatory authorities. Except as required by applicable laws, Norbord does not undertake to update any forward-looking statements, whether as a result of new information, future events or otherwise, or to publicly update or revise the above list of factors affecting this information. See the "Caution Regarding Forward-Looking Information" statement in the January 27, 2015 Annual Information Form and the cautionary statement contained in the "Forward-Looking Statements" section of the 2014 Management's Discussion and Analysis dated January 27, 2015 and Q3 2015 Management's Discussion and Analysis dated October 29, 2015. Norbord defines Adjusted EBITDA as earnings (loss) before finance costs, income taxes, depreciation and other unusual or non-recurring items, and adjusted earnings (loss) as earnings (loss) determined in accordance with IFRS before unusual or non-recurring items and using a normalized income tax rate. Adjusted EBITDA and adjusted earnings (loss) are non-International Financial Reporting Standards (IFRS) financial measures, do not have any standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. See "Non-IFRS Financial Measures" in Norbord's Q3 2015 Management's Discussion and Analysis dated October 29, 2015 for a quantitative reconciliation of Adjusted EBITDA and adjusted earnings (loss) to earnings (the most directly comparable IFRS measure). 

October 15, 2015 - Second quarter 2015 net earnings reported by the major Canadian forest products companies are overall lower than the first quarter 2015 and second quarter of 2014, according to PwC’s Global Forest and Paper Industry Net Earnings Summary. The report notes that a decrease in the price of lumber and panels impacted the major Canadian building products manufacturers, including Canfor, West Fraser and Norbord. However, the foreign exchange rate in Q2 2015 was beneficial to Canadian companies exporting to U.S., and the average softwood pulp (NBSK) prices increased to US$975/tonne from US$888/tonne in Q1, reports PwC. Hardwood pulp (BEK) prices increased to US$892/tonne from US$759/tonne in Q1. PwC says the Canadian dollar averaged $0.81 USD in the second quarter of 2015, down significantly from the 2014 first quarter average of $0.91 USD. Western Canadian-based companies posted net earnings of $3.6 million in the second quarter of 2015, compared to net earnings of $121.9 million in the first quarter of 2015 and net earnings of $167.6 million in the second quarter of 2014. Second quarter results of softwood lumber producers Canfor and West Fraser were impacted by the decrease in lumber and panel prices. Canfor reported quarterly earnings of $23.9 million, compared to $47.0 million in the first quarter and $64.5 million in the second quarter of 2014. West Fraser reported quarterly earnings of $14.0 million, compared to $49.0 million in the first quarter and $74.0 million in the second quarter of 2014. Eastern Canadian-based companies posted net losses of $25.2 million in the quarter, compared to net losses of $121.3 million in the first quarter of 2015 and losses of $30.1 million in the second quarter of 2014. Cascades posted net earnings of $24.0 million in the quarter, compared to net losses of $35.0 million in the first quarter of 2015 and losses of $83.0 million in the second quarter of 2014. The company’s second quarter results were driven by higher sales volumes in the containerboard and tissue papers business segments, slight increases in average selling prices and a favourable foreign exchange environment. South of the border, nine of the largest U.S.-based forest and paper companies reported net earnings of US$519.5 million in the second quarter of 2015, down from earnings of US$1.29 billion in the first quarter of 2015 and US$1.30 billion in the second quarter of 2014. The merger of packaging companies Rock-Tenn Company and MeadWestvaco Corporation was finalized in the second quarter after receiving approval from the shareholders of both companies. The newly formed entity, WestRock Company, will be the second largest U.S.-based packaging company, with a market capitalization of US$16 billion. International Paper is currently the largest packaging company in the U.S. with a market capitalization of US$20 billion. Ten of the largest European based forest and paper companies reported net earnings of € 751.0 million for the second quarter of 2015, down from € 825.1 million in the first quarter of 2015 and €615.9 million reported in the second quarter of 2014. Six of the largest forest and paper companies in Japan posted net earnings of US$367.4 million in the second quarter of 2015, compared to earnings of US$215.2 million in the first quarter of 2015 and earnings of US$ 150.5 million in the second quarter of 2014. In the Emerging Markets regions, five of the largest forest and paper companies reported net earnings of US$458.8 million, compared to net losses of US$409.2 million in the first quarter of 2015 and net earnings of US$562.9 million in the second quarter of 2014. The depreciation of the Brazilian Real against the US dollar and price increases for pulp bolstered both Fibria and Suzano’s second quarter results. Fibria reported quarterly earnings of US$199.9 million, compared to losses of US$202.0 million in the first quarter. Suzano reported quarterly earnings of US$148.4 million, compared to losses of US$271.9 million in the first quarter.

September 17, 2015 - Louisiana-Pacific Corporation announced that it will not submit a project to the Quebec Minister of Forests, Wildlife and Parks’ Project Office to reacquire the wood license associated with its Chambord, Que., oriented strand board (OSB) mill. After an in-depth analysis of the mill’s historical and projected costs, LP determined that market demand does not warrant operating the Chambord mill at this time, and it is not appropriate to reacquire the wood license without a plan for operating the mill. “Based on these analyses, we do not believe that in the current OSB market, the mill can be operated competitively,” LP executive vice-president, OSB, Brad Southern said. “The mill will remain curtailed indefinitely for the foreseeable future.” LP indefinitely curtailed production at the mill in 2008 due to worsening North American housing market conditions. OSB is a commodity structural panel product that is highly dependent on cyclical and sometimes volatile North American housing starts and subject to competitive forces of regional supply and demand. LP’s decision to not submit a project is based on the ongoing soft market for residential building materials in North America, high production and raw materials costs in Chambord and a competitive landscape that has become more challenging over the last seven years. “The restart of this mill will require a substantial capital investment, and there’s no guarantee that we would get a return on that investment now, or in the foreseeable future,” said Mike Blosser, LP’s vice-president for EHS, forest resources, supply and logistics.  It is important to note that LP continues to operate and invest in its Maniwaki, Que., OSB mill, Blosser said. “We look forward to working with the Ministry to ensure the economic viability of LP Maniwaki through volatile cycles of the North American housing market,” Blosser added. About LP Louisiana-Pacific Corporation is a leading manufacturer of quality engineered wood building materials including OSB, structural framing products, and exterior siding for use in residential, industrial and light commercial construction. From manufacturing facilities in the U.S., Canada, Chile and Brazil, LP products are sold to builders and homeowners through building materials distributors and dealers and retail home centers. Founded in 1973, LP is headquartered in Nashville, Tennessee and traded on the New York Stock Exchange under LPX. For more information, visit www.lpcorp.com.

September 16, 2015 - ARAUCO North America announced plans to build a new particleboard mill in Grayling, Mich. to produce 424 million sq. ft. (750,000m3)/year of panels, along with full lamination capabilities to support the company's thermally fused laminate decorative surfacing program.This $325-million investment will be the single largest continuous particleboard press in North America and one of the highest capacity presses in the world. Groundbreaking is estimated for late 2016, with the rollout of the first panel during the latter part of 2018.

August 25, 2015 - The wood/fiber-based panels sector is enjoying improved commercial and consumer end-use demand levels on a sub-regional scale, based on recovering organic growth following the recession.

July 30, 2015 - Norbord Inc. recently reported adjusted EBITDA of $18 million in the second quarter of 2015 compared to $14 million in the first quarter of 2015 and $46 million in the second quarter of 2014. The year-over-year change is primarily due to lower North American oriented strand board (OSB) prices. North American operations generated Adjusted EBITDA of $11 million in the quarter, unchanged from the prior quarter and compared to $37 million in the same quarter last year. European operations delivered Adjusted EBITDA of $10 million in the quarter versus $7 million in the prior quarter and $12 million in the same quarter last year. “The poor North American OSB demand/capacity ratio continued to impact OSB prices in the second quarter,” said Peter Wijnbergen, Norbord's president and CEO. “We curtailed production at several mills in response to the slower than expected rebound in new home construction demand. However, the May and June US housing data was encouraging, we are starting to see a pick-up in export orders and our sales to home improvement and industrial customers continue to grow. All this supports our belief that the OSB market dynamic will gradually improve in the coming quarters. In the meantime, our manufacturing costs continue to decline as we focus on our controllables and benefit from lower resin prices and the weaker Canadian dollar. "In Europe, our financial results are back on track, returning to their trend of generating double-digit quarterly EBITDA. Improving sales volumes in our key markets, particularly the UK, are offsetting the impact of lower OSB prices and the weaker Euro.  "Finally, we remain focused on our integration efforts following the completion of our merger with Ainsworth four months ago. Of our $45 million annualized synergies target, we have already realized $4 million from early initiatives. Our sales and financial systems were recently integrated, and we remain on track to achieve half of our synergies target by year-end.” Norbord recorded an adjusted loss of $13 million or $0.15 per share (basic and diluted) in the second quarter of 2015 compared to an adjusted loss of $15 million or $0.18 per share (basic and diluted) in the prior quarter and adjusted earnings of $9 million or $0.11 per basic share ($0.10 per diluted share) in the second quarter of 2014.   Market Conditions In North America, June year-to-date U.S. housing starts were up 11 per cent versus the same period in 2014. Single family starts, which use approximately three times more OSB than multi-family, increased by nine per cent. Permits were 16 per cent higher year-over-year and the seasonally-adjusted annualized rate stands at 1.34 million. The consensus forecast from U.S. housing economists is 1.1 million starts for 2015, which would be a 10 per cent improvement over last year. Despite improving U.S. new home construction activity, prices continue to be impacted by the poor OSB demand/capacity ratio. While North Central, South East and Western Canada benchmark OSB prices all increased earlier in the quarter, this upward momentum flattened in June. The North Central benchmark OSB price averaged $193 per thousand square feet (Msf) (7/16-inch basis) for the quarter, unchanged from the previous quarter and compared to $219 per Msf in the same quarter last year. In the South East region, where approximately 35% of Norbord's North American OSB capacity is located, benchmark prices averaged $174 per Msf compared to $175 per Msf in the prior quarter and $199 per Msf in the same quarter last year. The Western Canada benchmark averaged $152 per Msf for the quarter, compared to $159 per Msf in the previous quarter and $206 per Msf in the same quarter last year. In Europe, panel demand continues to grow, reflecting improving housing markets and OSB substitution in the Company's core geographies, particularly the UK and Germany. However, OSB prices remain under pressure due to the weaker Euro and the redirection of eastern European supply toward the west as a result of the ongoing Ukraine conflict. Particleboard prices remained steady, while medium density fibreboard (MDF) prices were down slightly.  As a result, second quarter average panel prices were down 3% from the prior quarter and 12% lower than the same quarter last year. Performance North American OSB shipments increased by 10 per cent, quarter-over-quarter, primarily due to increased productivity and more fiscal days in the second quarter.  Second quarter shipments were in line with the same quarter last year as improved mill productivity offset production curtailments. Norbord's operating North American OSB mills produced at approximately 90% of stated capacity (excluding the two curtailed mills in Huguley, Alabama and Val-d'Or, Quebec) compared to 85% in the prior quarter and 90 per cent in the same quarter last year.  Mill productivity improved over both comparative quarters with capacity utilization impacted by the level of production curtailments. Norbord's North American OSB cash production costs per unit decreased by five per cent compared to the prior quarter and seven per cent, versus the same quarter last year due to lower resin prices, improved productivity and lower raw material use. The year-over-year decline was also driven by the weaker Canadian dollar. In Europe, Norbord's shipments were three per cent higher versus the prior quarter and 11 per cent higher than the same quarter last year. Three of the four mills achieved quarterly production records and the European operations produced at approximately 100 per cent of stated capacity compared to 95 per cent in the prior quarter and 95% in the same quarter last year (based on restated capacity). As previously reported, at year-end 2014 the annual capacity at three of the four mills was restated. Norbord's mills delivered Margin Improvement Program (MIP) gains of $21 million year-to-date primarily from improved productivity and lower raw material use. Capital investments totalled $28 million year-to-date compared to $53 million in 2014 due to the larger scope of capital projects undertaken last year. Norbord's 2015 planned capital expenditures remain targeted at $70 million and include further debottlenecking and cost reduction projects under the Company's multi-year capital reinvestment strategy. Operating working capital was $151 million at quarter-end compared to $146 million in the prior quarter and $158 million at the end of the same quarter last year with changes primarily driven by seasonality, timing and foreign exchange translation. At quarter-end, Norbord had unutilized liquidity of $326 million, consisting of $10 million in cash and $316 million in unused credit lines. At quarter-end, $50 million was drawn under the accounts receivable securitization program. The company's tangible net worth was $738 million and net debt to total capitalization on a book basis was 50%.  Both ratios remain well within bank covenants. As previously disclosed, following the Ainsworth merger Norbord amended its revolving bank lines to reset the tangible net worth covenant to $450 million and increased its accounts receivable securitization program commitment limit from $100 million to $125 million. Developments As previously announced, Norbord completed its merger with Ainsworth on March 31, 2015. Under the terms of the all-share transaction, Norbord acquired all of the outstanding common shares of Ainsworth and Ainsworth shareholders received 0.1321 of a share of Norbord for each Ainsworth share. Ainsworth became a wholly-owned subsidiary of Norbord. On April 16, 2015, Norbord completed the issuance of $315 million in senior secured notes due 2023 with an interest rate of 6.25 per cent. Debt issue costs of $6 million were incurred in connection with the issuance. The company used the proceeds to redeem prior to maturity the $315 million senior secured notes due 2017 that were assumed upon closing of the merger on March 31, 2015. As a result of the early redemption, a cash premium of $13 million was paid, a $1 million non-cash charge related to net unamortized debt issue costs was recorded and an $11 million non-cash charge to extinguish the related derivative financial instrument was recognized. Dividend Norbord's variable dividend policy targets the payment to shareholders of a portion of free cash flow based upon the Company's financial position, results of operations, cash flow, capital requirements and restrictions under the Company's revolving bank lines, as well as the market outlook for the Company's principal products and broader market and economic conditions, among other factors. Taking into account weaker than expected North American OSB prices to-date in 2015, to maintain flexibility in the Company's capital structure, as well as to fund growth and other attractive capital investment opportunities, the Board of Directors has adjusted the quarterly dividend level to CAD $0.10 per common share.  Accordingly, the Board declared a quarterly dividend of CAD $0.10 per common share, payable on September 21, 2015 to shareholders of record on September 1, 2015. The Board retains the discretion to amend the Company's dividend policy in any manner and at any time as it may deem necessary or appropriate in the future.  For these reasons, as well as others, the Board in its sole discretion can decide to increase, maintain, decrease, suspend or discontinue the payment of cash dividends in the future. Additional information Norbord's Q2 2015 letter to shareholders, news release, management's discussion and analysis, consolidated unaudited interim financial statements and notes to the financial statements have been filed on SEDAR (www.sedar.com) and are available in the investor section of the Company's website at www.norbord.com. Shareholders are encouraged to read this material. Norbord Profile Norbord Inc. is a leading global manufacturer of wood-based panels and the world's largest producer of oriented strand board (OSB).  In addition to OSB, Norbord manufactures particleboard, medium density fibreboard and related value-added products.  Norbord has assets of approximately $1.8 billion and employs approximately 2,600 people at 17 plant locations in the United States, Canada and Europe.  Norbord is a publicly traded company listed on the Toronto Stock Exchange under the symbol NBD. This news release contains forward-looking statements, as defined in applicable legislation, including statements related to our strategy, projects, plans, future financial or operating performance and other statements that express management's expectations or estimates of future performance. Often, but not always, words such as  "expect," "believe," "forecast," "likely," "support," "target," "consider," "continue," "suggest," "intend,"  "should," "appear," "would," "will," "will not," "plan," "can," "may," and other expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters identify forward-looking statements.  Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Norbord to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Although Norbord believes it has a reasonable basis for making these forward-looking statements, readers are cautioned not to place undue reliance on such forward-looking information.  By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, which contribute to the possibility that the predictions, forecasts and other forward-looking statements will not occur.  Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include:  general economic conditions; risks inherent with product concentration; effects of competition and product pricing pressures; risks inherent with customer dependence; effects of variations in the price and availability of manufacturing inputs; risks inherent with a capital intensive industry; ability to realize synergies; and other risks and factors described from time to time in filings with Canadian securities regulatory authorities. Except as required by applicable laws, Norbord does not undertake to update any forward-looking statements, whether as a result of new information, future events or otherwise, or to publicly update or revise the above list of factors affecting this information.  See the "Caution Regarding Forward-Looking Information" statement in the January 27, 2015 Annual Information Form and the cautionary statement contained in the "Forward-Looking Statements" section of the 2014 Management's Discussion and Analysis dated January 27, 2015 and Q2 2015 Management's Discussion and Analysis dated July 29, 2015. Norbord defines Adjusted EBITDA as earnings (loss) before finance costs, income taxes, depreciation and other unusual or non-recurring items, and adjusted earnings (loss) as earnings (loss) determined in accordance with IFRS before unusual or non-recurring items and using a normalized income tax rate. Adjusted EBITDA and adjusted earnings (loss) are non-International Financial Reporting Standards (IFRS) financial measures, do not have any standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. See "Non-IFRS Financial Measures" in Norbord's Q2 2015 Management's Discussion and Analysis dated July 29, 2015 for a quantitative reconciliation of Adjusted EBITDA and adjusted earnings (loss) to earnings (the most directly comparable IFRS measure). To Our Shareholders, This is our first quarter following the merger with Ainsworth and in spite of a slower than expected recovery in OSB demand in North America, it is an exciting time for our Company. Through the transaction with Ainsworth, we now have the opportunity to build a leading global wood products company, active on three continents, better positioned to serve our customers, and able to achieve higher returns for our shareholders. We expect to realize the full benefits of the merger over the next several quarters. Adjusted EBITDA for the quarter was $18 million, which is largely in line with the previous quarter. Low OSB prices have been offset by strong operational performance and cost reductions across all of our mills. Long time Norbord shareholders will notice that our North American numbers now include production at our mills in British Columbia, Alberta and Ontario, as well as results from our Asian export business. With all the positive headlines coming out of the US housing market, you may be wondering why this did not flow through to our financial performance in the second quarter. The most recent numbers for June show that US housing starts have increased 11% year-to-date and are currently at a 1.17 million annual pace. But the APA industry production statistics show this did not translate into increased demand on North American OSB mills. We believe there were two main drivers: a pro-dealer network (which services the large home builders) that was destocking inventories and the stronger US dollar which has lowered overseas export volume. As a result, industry-wide operating capacity was more than sufficient to satisfy demand. While this has made the first half of this year disappointing, we see encouraging signs in the market. Asian export orders are starting to pick-up again, and this region remains an exciting area with real growth potential for Norbord. In the US, June housing permits were at a 1.34 million annual pace and we believe pro-dealer inventories are now at rock bottom levels. These suggest increased demand, and a gradual improvement of the industry demand/capacity ratio, which we would expect to lead to better OSB prices. Other positive signs include our year-to-date sales to North American home improvement and furniture customers that were up about 8%. Sales in these channels are an important aspect of our diversification strategy away from new home construction, giving us more consistent shipment volumes during periods of volatile homebuilding-related demand. Our European business performed well this quarter. The United Kingdom is our key market and we have realized double-digit year-over-year gains in sales there. Sales volume for all our panel products was up 5% versus the prior quarter and 12% versus the previous year. These higher volumes have helped offset the softer OSB price environment and put our European financial results back on trend. All of our mills continued to operate well, with increased uptime and speed. These productivity improvements combined with further progress on reducing raw material use resulted in $21 million in year-to-date Margin Improvement Program gains. As a result, cash manufacturing costs – a key operational metric – decreased at both our North American and European mills and are now 12% lower than 18 months ago. The key corporate priority this year is the integration of the former Ainsworth operations into the 'new Norbord'. Since the completion of the merger in April we have made great strides, including moving the two companies to single sales and financial reporting systems at the end of the quarter. We were able to complete this conversion in three months, without any disruption to the business, and our customers are telling us that the transition has been seamless from their perspective. As part of the integration effort we have achieved a number of early savings and have already captured $4 million in annualized synergies. Corporate synergies are already locked in and will be evident in our numbers starting in Q4. The majority of the remaining opportunities involve optimizing our product mix across a broader platform to lower freight and manufacturing costs and implementing a number of process and technology changes across our seventeen mills. We are on track to reach half of our $45 million annualized synergy target by year-end. In today's press release, you will see that the Board has adjusted the quarterly dividend level to CAD $0.10 per share. For the reasons set out above, we did not see the expected improvement in the North American OSB market during the seasonally stronger second quarter. This had us re-evaluate our outlook for the near term and take the prudent step of reducing our dividend payout. We remain committed to returning cash to shareholders, and will continue to evaluate the dividend level as the US housing recovery plays out. Looking further ahead, we remain convinced that OSB demand will improve. Our operational results, particularly our continued progress on costs, demonstrate that the fundamentals of our company are solid. Our financial results this quarter are not where we would like them to be. However, we are confident we will see the benefits of steadily improving market conditions in our results as we focus on continuing to execute on our business strategy and achieving the merger synergies. Thank you for your continued confidence and investment in Norbord.  I look forward to reporting on our continued progress next quarter. Peter Wijnbergen President & CEO This letter includes forward-looking statements, as defined by applicable securities legislation including statements related to our strategy, projects, plans, future financial or operating performance and other statements that express management's expectations or estimates of future performance.  Often, but not always, forward-looking statements can be identified by the use of words such as "expect," "suggest," "support," "believe," "should," "potential," "likely," "continue," "forecast," "plan," "indicate," "consider," "future," or variations of such words and phrases or statements that certain actions "may," "could," "must," "would," "might," or "will" be undertaken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Norbord to be materially different from any future results, performance or achievement expressed or implied by the forward-looking statements.  See the cautionary language in the Forward-Looking Statements section of the 2014 Management's Discussion and Analysis dated January 27, 2015 and Q2 2015 Management's Discussion and Analysis dated July 29, 2015. Norbord defines Adjusted EBITDA as earnings (loss) before finance costs, income taxes, depreciation and other unusual or non-recurring items. Adjusted EBITDA is a non-International Financial Reporting Standards (IFRS) financial measure, does not have any standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to similar measures presented by other companies. See "Non-IFRS Financial Measures" in Norbord's Q2 2015 Management's Discussion and Analysis dated July 29, 2015 for a quantitative reconciliation of Adjusted EBITDA to earnings (the most directly comparable IFRS measure). 

February 16, 2016 -  Luxor Industrial Corporation recently announced the closing of two definitive agreements providing for Luxor’s acquisition of two wood framing businesses in Canada and the U.S.  In the United States, Luxor has purchased all of the equity interest of Mill Frame LLC, a Washington State limited liability company. Luxor is required to issue five million common shares of Luxor upon Mill Frame LLC generating $10 million in net sales and a further five million common shares of Luxor upon Mill Frame LLC generating an additional $10 million in net sales ($20 million in the aggregate).  In the past 45 days, Luxor has announced three contracts secured by Mill Frame LLC that have a total value in excess of US $ 5,000,000 or CDN $ 7,000,000. “In the summer of 2015, I approached Luxor as a supplier of pre-fab walls; 10 years ago when the exchange rate was similar we had done some great wood business together in the U.S.,” stated Steve Conboy, president of Mill Frame. “This time I saw an opportunity to sell turnkey framing to U.S. builders and took a longer term view to partner up with Luxor. I am proud to join Luxor and its group of seasoned veterans.”  In Canada, Luxor has purchased the book business and certain assets of Colt Builders Inc. of Alberta through Luxor’s subsidiary Mill Frame Inc. (Newco) which has acquired such assets for 40 per cent of the shares of Newco. Colt has agreed that it will exchange 20 per cent of its Newco shares in consideration for the issuance of 5 million common shares of Luxor upon Newco generating $10 million in net sales and will exchange the remaining 20 per cent of its Newco shares to Luxor in consideration for the issuance of an additional 5 million common shares of Luxor upon Newco generating an additional $10 million in net sales ($20 million in the aggregate).  Upon achieving the milestones, Luxor will have the right to 100 per cent ownership of Newco shares. Closing of the acquisitions was not conditional upon financing, however, Luxor will be required to provide additional funds in order to execute on its business plan and grow the respective businesses. All of the vendors are arm’s length parties to Luxor.  “Our team in Alberta is pleased to join Luxor,” said John Hunter, president of Colt. “We look forward to providing our many years of experience in turnkey framing to support Luxor’s expansion into the United States.”  Prior to the above two acquisitions, Luxor has and continues to be involved in the development, engineering, manufacturing and marketing of engineered wood products and operates in the industrial, residential and commercial sectors.  This news release contains forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of Luxor. There are numerous risks and uncertainties that could cause actual results and Luxor’s plans and objectives to differ materially from those expressed in the forward-looking information, including: adverse market conditions or the inability of Luxor to raise funds to execute on its business plan with respect to the recently acquired wood framing businesses. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Luxor does not intend to update these forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

February 3, 2016 - Stella-Jones Inc. announced that its wholly-owned subsidiary, McFarland Cascade Holdings, Inc., has signed a non-binding letter of intent to purchase the shares of Lufkin Creosoting Co., Inc. (Lufkin Creosoting). Lufkin Creosoting produces treated poles and timbers at its wood treating facility in Lufkin, Texas. Its consolidated sales for the year ended December 31, 2015 reached approximately US$34.2 million. The transaction, if finalized, is expected to close in April 2016 and is subject to customary conditions, including satisfactory due diligence and signature of a definitive share purchase agreement. Stella-Jones plans to finance the transaction through a combination of debt financing and a vendor note and may consider proceeding with an equity offering depending on market conditions. About Stella-Jones Stella-Jones Inc. (TSX:SJ) is a leading producer and marketer of pressure treated wood products. The company supplies North America's railroad operators with railway ties and timbers, and the continent's electrical utilities and telecommunication companies with utility poles. Stella-Jones also provides residential lumber to retailers and wholesalers for outdoor applications, as well as industrial products for construction and marine applications. The company's common shares are listed on the Toronto Stock Exchange. Except for historical information provided herein, this press release contains information and statements of a forward-looking nature concerning the proposed acquisition described herein. These statements are based on suppositions, risks and uncertainties as well as on management's best possible evaluation of future events. Such risks and uncertainties include, without excluding other considerations, the failure to satisfy closing conditions and the failure to complete or delay in completing the proposed acquisition for any other reason. As a result, readers are advised that actual results may differ from expected results and should not place undue reliance on forward-looking information.

January 26, 2016 - Luxor Industrial Corporation, a leading manufacturer and distributor of engineered commercial and residential wood building products, announced that it has partnered with Millennium Fire LLC to use its Millennium Advanced Framing Lumber technology (MAFL16) to protect wood. Luxor will initially apply this coating on its architectural wood products.  Millennium Fire’s core product, which is MAFL16 has five key ingredients, one of which is a technology developed by No Burn Inc. that defends against fire. Additional key ingredients create a protective coating that defends against, mould, ultraviolet and moisture, which among other things protect the lumber during construction exposure. This MAFL16 coating will allow Luxor’s architectural products to meet the California Wildland, Urban Interface Codes. These new fire codes have been adopted in eight western U.S. states as a result of massive wildfires. Luxor will also market its architectural products in regions where fire codes have not been introduced so the national specifying community can select this advance lumber protection on their exterior wood details. The current exchange rate and Luxor’s factory proximity to the U.S. border provides an additional advantage in manufacturing these products for export.  “No Burn is by far the best technically in the fire coating industry and Millennium is now their only OEM in North America,” said Steve Conboy, president and CEO of Millennium Fire LLC. “Luxor’s management team has experience with coating lumber and recognizes the value in coated wood to protect against things like fire and mould.”  “We're pretty excited about the synergies that are occurring between No Burn Inc., Millennium Fire and Luxor, particularly with regards to Steve Conboy's value-added plan and program,” added Bill Kish, president and CEO for No Burn Inc. “We believe these treated products are going to be accepted and viewed as the new gold standard." For more information on Millennium Fire LLC, visit www.MFiress.com. Forward-looking statements This news release contains forward looking statements. Although Luxor believes that the expectations reflected in these forward looking statements are reasonable, undue reliance should not be placed on them because Luxor can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Additional information may be accessed through the Sedar website: www.sedar.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

January 25, 2016 - North America structural panel production and apparent consumption fell 4.9 per cent and 4.5 per cent in the fourth quarter versus the third quarter of 2015, respectively, according to APA-The Engineered Wood Association. Compared to the fourth quarter of 2014, structural panel production was up 1.0 per cent , while apparent consumption rose 1.6 per cent. For the year 2015 in total, structural panel production increased 1.2 per cent and apparent consumption rose 2.9 per cent. North American OSB production fell 4.8 per cent in the fourth quarter of 2015 from the third quarter, but was up 3.0 per cent from the fourth quarter of 2014. For the year, production totalled 20.357 billion square feet, up 2.4 per cent from 2014. In the fourth quarter, U.S. production fell 6.4 per cent while Canadian production dropped 1.6 per cent. U.S. production totalled 13.283 billion square feet for the year 2015, up 2.1 per cent from 2014. Canadian production in 2015 was 7.074 billion square feet, up 2.9 per cent from 2014.

January 18, 2016 - Luxor Industrial Corporation announced that on Jan. 13, 2016 it entered into two definitive agreements to acquire turn-key wood framing businesses in Canada and the United States. In Canada, Luxor has entered into an Asset Purchase Agreement to buy the book business and certain assets of Colt Builders Inc. of Alberta (Colt). Upon the closing of the agreement, Luxor’s subsidiary Mill Frame Inc. (Newco) is to acquire such assets in consideration for 40 per cent of the shares of Newco. Colt has agreed that it will exchange 20 per cent of the Newco shares to Luxor in consideration for the issuance of 5 million shares of Luxor upon Newco generating $10 million in net sales and will exchange the remaining 20 per cent of the Newco shares to Luxor in consideration for the issuance of an additional 5 million shares of Luxor, upon Newco generating an additional $10 million in net sales ($20 million in the aggregate). Upon achievement of the milestones, Luxor will hold 100 per cent of the Newco shares. In the United States, Luxor has entered into Membership Interest Purchase Agreement to buy all of the equity interest of Mill Frame LLC, a Washington State limited liability company (Mill Frame) from the vendor thereof. Luxor is to acquire such interest in consideration for the issuance of 5 million shares of Luxor upon Mill Frame generating $10 million in net sales and the issuance of an additional 5 million shares of Luxor upon Mill Frame generating an additional $10 million in net sales ($20 million in the aggregate). Closing of the respective agreements will be conditional upon fulfillment of standard closing conditions, including receipt of approval from the TSX Venture Exchange (the “Exchange”). Although closing of the agreements is not conditional upon consummation of a specific financing, Luxor will be required to raise additional funds in the market in order to execute on its business plan and grow the respective businesses. Luxor intends to raise such funds through an equity financing on terms to be determined. Both Colt and Mill Frame are arm’s length parties to Luxor.  As disclosed in its prior news release dated Nov. 5, 2015, management believes the consummation of the transactions will not constitute a Reverse Take-Over of Luxor or create a Control Person for the purposes of Exchange policies. John Hunter, president of Colt, has over 30 years of experience in this sector and comments, “Our team in Alberta is pleased to sign the agreement with Luxor. We look forward to providing our many years of experience in turnkey framing to support Luxor’s expansion into the United States.” Steve Conboy, president of Mill Frame, who has over 35 years of experience in the housing construction business states, “In the summer of 2015, I approached Luxor as a supplier of pre-fab walls; ten years ago when the exchange rate was similar we had done some great wood business together in the U.S. This time I saw an opportunity to sell turnkey framing to US builders and took a longer term view to partner up with Luxor. I am proud at the prospect to join Luxor and its group of seasoned veterans.” This news release contains forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of Luxor, such as statements that the company may close the definitive agreements as contemplated and that the company may raise funds in an equity financing to fund the development of the acquired businesses. There are numerous risks and uncertainties that could cause actual results and Luxor’s plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) adverse market conditions; (ii) the inability of Luxor to raise funds to execute on its business plan with respect to the recently acquired wood framing businesses; (iii) the Exchange not approving the transactions; or (iv) the inability to close the transactions for any reason. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Luxor does not intend to update these forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

December 31, 2015 - Luxor Industrial Corporation recently announced that its subsidiary, USA Mill Frame LLC, has signed the company's first U.S.-based contract with Venture General Contracting LLC.  The contract, which is valued at approximately $1.8 million and will commence in February 2016 with an expected completion date of April 2016, will use Luxor's Canadian pre-fabricated walls, pre-packaged engineered floor systems and window and door frames to outfit a large Venture multi-family project located in Seattle, Wash. "Our primary focus in 2016 is expanding market share in the U.S., establishing micro distribution centres to service regional growth and win contracts to drive revenues,” said Terry Lashman, CEO of Luxor Industrial Corp. “I’m also extremely pleased with the progress we've made building out our management team and the direction of the company moving forward." About Luxor Industrial Corporation Adding to Luxor's products and commercial sales, the company now distributes fire protected exterior architectural details, pre-fabricated wall panels and a complete line of multi-family engineered lumber that includes products like I-joist, LVL, glulam beams. For more information, visit http://www.millframe.com/#!products/sqp1c. Luxor is involved in the development, engineering, manufacturing and marketing of engineered wood products. Luxor has vertically integrated through the pending acquisitions of turnkey framing companies in Canada and the United States. In the industrial sector, it manufacturers wood mat products. In the residential sector it manufactures its patented IBS 2000 engineered floor bridging, architectural wood products, and FastFrame™ wall components. For further information contact visit Luxor's website at www.luxorcorp.com. This news release contains forward looking statements. Although Luxor believes that the expectations reflected in these forward looking statements are reasonable, undue reliance should not be placed on them because Luxor can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Additional information may be accessed through the Sedar website: www.sedar.com.

December 30, 2015 – Swiss Krono Group, one of the world’s leading producers of engineered wood products, and its American subsidiary, KronotexUSA Holdings, Inc.,  announced the expansion of its existing operations in Barnwell County, S.C. The company is investing $230 million to build a high-density fiberboard (HDF) mill and expand its laminate flooring production, creating 105 new jobs over the next few years. “South Carolina has been a great investment partner for European countries,” said Max Von Tippelskirch, member of the Swiss Krono Group Management Board. “We appreciate the collaborative efforts of South Carolina Governor Nikki Haley and our many partners, including Barnwell County governmental agencies. Their patience, perseverance and continuous support have been and will continue to be instrumental in the future success of our South Carolina operations.”   Headquartered in Switzerland, Swiss Krono Group’s origins can be traced back to 1966. Today, with facilities in France, Germany, Hungary, Poland, Russia, Switzerland, Ukraine and the United States, the company employs more than 4,500 workers worldwide. In an effort to meet increased customer demand, Swiss Krono Group is expanding its existing KronotexUSA facility in Barnwell County, which is located at 810 Technology Drive in Barnwell, S.C. This expansion will allow KronotexUSA to produce 300,000 cubic-metres of HDF per year, which the company will use for laminate flooring manufacturing operations and sell to furniture, cabinet, fixture, door and other wood-based manufacturers. In total, the project will increase the company’s annual laminate flooring capacity by an additional 8 million sq. m. “To have a great international company like Swiss Krono Group continue to grow, succeed and invest in our state proves that the Team South Carolina approach to economic development is working,” said Gov. Nikki Haley. “This $230-million investment, and the 105 new jobs it will create, is a real reason to celebrate, and we look forward to seeing the impact that this company will continue to have across our state.”  Preliminary engineering has been completed and construction is expected to start by mid-2016, with HDF operations to begin by the summer of 2018. Once completed, this expansion will increase KronotexUSA’s Barnwell County’s workforce to 275 employees. Those interested in applying for one of the new positions should visit the company’s careers page online. The Coordinating Council for Economic Development has approved job development credits, as well as a $1 million Rural Infrastructure Fund grant to Barnwell County to assist with the costs of real property improvements related to the project. Further information is available at www.krono.com and www.kronotexusa.com.

November 23, 2015 – Rick Ekstein, current president and CEO of Weston Forest, announced the appointment of Steve Rhone to the position of president, effective January 1, 2016.  “Steve has been with Weston for 29 years, and has risen to a senior level in literally every part of the organization,” said Ekstein. “His vast experience in the company, including his current role as vice-president, finance and operations, makes him uniquely qualified to lead Weston Forest into the future.”  Ekstein will remain CEO and an active advisor to the management at Weston, but will be spending more time pursuing his many other business, political and charitable interests.  “I am very proud of my work at Weston, and I look forward to working with our great team as we continue to grow our business,” said Rhone. “I am honoured to be taking on this role. This is a company with an impressive history and I am committed to ensuring that it will remain strong in the years to come. Rick has spent a great deal of time mentoring our Executive Team and developing staff at all levels of our company, and I am very confident of our ability to continue to provide value to our customers, suppliers and staff.”  About Weston Weston Forest is one of North America’s leading distributors and remanufacturers of softwood and hardwood lumber and specialty panel products. Weston’s different business units serve the industrial crating and packaging sectors, provide specialty products to the construction and infrastructure sectors, and manufacture and distribute a wide variety of products to lumber and building material dealers.  In 2015 Weston was named One of Canada’s Best Managed Companies, and One of Canada’s Fastest Growing Companies. 

November 6, 2015 - Stella-Jones Inc. announced financial results for its third quarter ended September 30, 2015. "Stella-Jones' solid performance in the third quarter was driven by our ability to respond to healthy demand in the railway tie and residential lumber categories. Our growing profitability reflects evolving market conditions in the untreated railway tie market and efficiency gains throughout our continental network. Moreover, we further expanded our reach through a strategic acquisition in Arkansas on September 1, 2015 and the conclusion of the Ram Forest Group Inc. and Ramfor Lumber Inc. acquisition on October 1, 2015," said Brian McManus, president and CEO for Stella-Jones Inc.  ---------------------------------------------------------------------------- Financial highlights     Quarters ended Sept. 30     Nine months ended  Sept. 30,(in millions of Canadian dollars, except per share data)                                                          2015       2014       2015       2014 --------------------------------------------------------------------------------------- Sales                                         433.1      357.3    1,201.8      959.6 Operating income                         62.9       45.5        171.8      121.8 Net income for the period              39.3       29.5        108.4       80.9   Per share - basic ($)                   0.57       0.43          1.57       1.18   Per share - diluted ($)                0.57       0.43          1.57        1.17 Weighted average shares                                                       outstanding (basic, in '000s)   69,025     68,829     68,989     68,780 ---------------------------------------------------------------------------- Third quarter results Sales reached $433.1 million, up 21.2 per cent from $357.3 million a year ago. The conversion effect from fluctuations in the value of the Canadian dollar, Stella-Jones' reporting currency, versus the U.S. dollar, had a positive impact of $57.2 million on the value of U.S. dollar denominated sales when compared with last year. Excluding this factor, sales increased approximately $18.6 million, or 5.2 per cent. Railway tie sales amounted to $200.6 million, up 34.8 per cent from $148.8 million last year. Excluding the foreign currency conversion effect, railway tie sales rose approximately 14.7 per cent as a result of selling price adjustments and healthy industry demand.  Sales of utility poles reached $142.3 million, representing an increase of 11.6 per cent over sales of $127.6 million last year. Factoring out the foreign currency conversion effect, sales decreased approximately 1.5 per cent reflecting lower sales of transmission poles due to a decrease in demand for special projects as a result of the weakness in the oil and gas as well as mining industries, partially offset by a steady rise in sales of distribution poles stemming from regular maintenance projects.  Sales of residential lumber totalled $53.2 million, up from $43.5 million last year, reflecting higher sales in the United States due to a healthier economy in certain sectors, as well as in Western Canada, reflecting the Company's increasing reach in British Columbia. Industrial product sales were $28.4 million, compared with $29.7 million a year ago, mainly due to lower sales of laminated poles, as demand for this product is mainly project driven. Non-pole-quality log sales were $8.5 million, versus $7.7 million last year, mainly due to the timing of timber harvesting.  Gross profit reached $87.5 million, or 20.2 per cent of sales, up from $62.4 million, or 17.5 per cent of sales, last year. The increase in absolute dollars essentially stems from higher business activity and the effect of currency translation. As a percentage of sales, gross profit increased mainly as a result of adjusted pricing for railway ties and greater efficiencies throughout the Company's network. As a result of higher gross profit, operating income increased 38.4 per cent to $62.9 million, or 14.5 per cent of sales, versus $45.5 million, or 12.7 per cent of sales, last year.  Net income for the third quarter of 2015 increased 33.2 per cent to $39.3 million or $0.57 per share, fully diluted, compared with $29.5 million or $0.43 per share, fully diluted, in the third quarter of 2014.  Nine-month results For the nine-month period ended September 30, 2015, sales totalled $1,201.8 million, versus $959.6 million for the corresponding period a year earlier. The wood treating facilities acquired from Boatright Railroad Products, Inc. on May 22, 2014 contributed additional sales of $48.4 million, while the conversion effect from fluctuations in the value of the Canadian dollar versus the U.S. dollar increased the value of U.S. dollar denominated sales by $124.7 million. Excluding these factors, sales increased approximately $69.1 million, or 7.2 per cent. Operating income reached $171.8 million, or 14.3 per cent of sales, up from $121.8 million, or 12.7 per cent of sales, a year ago. Net income amounted to $108.4 million, or $1.57 per share, fully diluted, compared with $80.9 million, or $1.17 per share, fully diluted, last year. Financial position As at September 30, 2015, the Company's long-term debt, including the current portion, stood at $536.9 million compared with $538.1 million three months earlier. This reduction reflects a solid cash flow generation, partially offset by the effect of local currency translation on U.S. dollar denominated long-term debt. As at September 30, 2015, Stella-Jones' total debt to total capitalization ratio was 0.38:1, versus 0.41:1 as at June 30, 2015. Acquisition of Treated Materials Co., Inc. During the third quarter, on September 1, 2015, Stella-Jones completed, through its wholly owned U.S. subsidiary, the acquisition of substantially all the operating assets employed in the wood treating facility of Treated Materials Co., Inc. located in Rison, Ark. This facility manufactures, sells and distributes treated utility poles and was acquired for synergistic reasons. Total cash outlay associated with the acquisition was approximately $5.4 million (US$4.1 million). Quarterly dividend of $0.08 per share On November 5, 2015, the Board of Directors declared a quarterly dividend of $0.08 per common share, payable on December 21, 2015 to shareholders of record at the close of business on December 2, 2015. Outlook "Looking ahead to the remainder of 2015 and into 2016, railway tie demand is expected to remain healthy, driven by solid fundamental factors. With respect to utility poles, lower resource prices continue to create headwinds, mainly through a decrease in demand for special projects, while regular maintenance demand should hold. Over the mid-term, we believe that utility pole demand should improve, as an increasing number of poles are approaching the end of their service life and will have to be replaced. In addition, the Ram acquisition will allow Stella-Jones to leverage its reach in the residential lumber category. Our ability to methodically expand our presence in the wood treating industry by capturing accretive and synergistic opportunities underlines our commitment to create shareholder value," concluded Mr. McManus. Conference call Stella-Jones will hold a conference call to discuss these results on Friday, November 6, 2015, at 10:00 AM Eastern Time. Interested parties can join the call by dialing 647-788-4922 (Toronto or overseas) or 1-877-223-4471 (elsewhere in North America). Parties unable to call in at this time may access a recording of the meeting by calling 1-800-585-8367 and entering the passcode 56328938. This tape recording will be available on Friday, November 6, 2015 as of 1:00 PM Eastern Time until 11:59 PM Eastern Time on Friday, November 13, 2015.  Non-IFRS financial measures Operating income and cash flow from operating activities before changes in non-cash working capital components and interest and income tax paid are financial measures not prescribed by IFRS and are not likely to be comparable to similar measures presented by other issuers. Management considers these non-IFRS measures to be useful information to assist knowledgeable investors regarding the Company's financial condition and results of operations as they provide additional measures of its performance.  About Stella-Jones Stella-Jones Inc. (TSX:SJ) is a leading producer and marketer of pressure treated wood products. The Company supplies North America's railroad operators with railway ties and timbers, and the continent's electrical utilities and telecommunication companies with utility poles. Stella-Jones also provides residential lumber to retailers and wholesalers for outdoor applications, as well as industrial products for construction and marine applications. The Company's common shares are listed on the Toronto Stock Exchange. Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, the ability of the Company to raise the capital required for acquisitions, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.  Note to readers: Condensed interim unaudited consolidated financial statements for the third quarter ended September 30, 2015 are available on Stella-Jones' website at www.stella-jones.com

October 23, 2015 - Stella-Jones will hold a conference call on Nov. 6 to discuss its third quarter results: Open to: Analysts, investors and all interested parties Date: Friday, November 6, 2015 Time: 10:00 a.m. ESTCall: 647-788-4922 (For all Toronto and overseas participants) 1-877-223-4471 (For all other North American participants) Please dial in 15 minutes before the conference begins. If you are unable to call in at this time, you may access a tape recording of the meeting by calling 1-800-585-8367 and entering the passcode 56328938 on your phone. This recording will be available on Friday, Nov. 6, 2015 as of 1:00 p.m. until 11:59 p.m. on Friday, Nov. 13, 2015.

October 2, 2015 - Stella-Jones Inc. announced that it has completed its previously announced acquisition of the shares of Ram Forest Group Inc. and Ramfor Lumber Inc.

October 2, 2015 - A settlement was reached at the Ontario Labour Relations Board for the wrongfully terminated employees of Gingrich Woodcraft, the custom cabinetry-making factory in Devlin, Ont. that was closed by its owners in August when workers at the factory voted to unionize and join Unifor. The owners had claimed their religious beliefs precluded them from working with a union.