Nicola Sturgeon unveils new Norbord OSB line25 April 2018
Scottish First Minister Nicola Sturgeon has unveiled a new OSB manufacturing line at Norbord’s Inverness plant following a £95m investment.
The expansion and modernisation of the mill has seen it upgraded to continuous press technology, which will significantly increase the capacity of oriented strand board (OSB) production at the site from 350,000 to 640,000m3 to help meet growing demand from the UK and Europe.
The investment has nearly doubled the size of Norbord’s site in Dalcross, Inverness and helped to secure its long-term future in the area.
“Norbord’s £95m expansion of its Dalcross plant is one of the largest single inward investments made into Scotland,” said Ms Sturgeon.
“It will significantly increase capacity and demonstrates the vibrancy of the Scottish forestry sector.”
The factory is expected to generate £37m gross value added of new economic activity for the Scottish economy each year, of which £22m would be retained within the Highlands and Islands Enterprise area.
“The launch event was the culmination of several years of work to dramatically increase the capacity of the plant and a fantastic celebration of our investment and commitment to Inverness,” said Karl Morris, managing director, Norbord Europe.