Uniboard purchases Moncure, NC facility and announces new MDF mill in the US

    MONCURE, NC, Aug. 1 /CNW Telbec/ - Uniboard announces today the purchase
of ATC Panel's Moncure, North Carolina facility which will now operate as
Uniboard USA LLC, Moncure Plant. The particleboard and thermofused melamine
(TFM) plant, which employs close to 160 people and produces annually over
156 million square feet (276,000 m3) of particleboard and value added melamine
will serve as the base to strengthen current customer relationships and
further expand Uniboard's market position in the Southern and Midwestern
United States.
    With significant plans for expansion, Uniboard will be investing over
$120 million in the upcoming year to install on the Moncure site a
state-of-the-art medium density and high density fiberboard (MDF/HDF) line.
    "This is a significant step in Uniboard's strategic plan to strengthen
our leadership in engineered wood panels in Eastern North America and become
the supplier of choice with our customers. Our new, optimally-located service
point is not only capable of offering raw particleboard but more importantly
we will be able to supply furniture makers, kitchen cabinet, store fixture and
distribution channels with Uniboard's widely recognized thermofused melamine
product offering. With the installation of our MDF/HDF line, we will be in a
favorable position to supply our sister Company Pergo, located in Raleigh, and
our customers located in the Midwest and Southern US. The acquisition of the
Moncure facility is a reflection of Uniboard's long term commitment to our
customers, especially on the East Coast and solidifies our offering in
laminate flooring through Pergo," commented James Hogg, President and CEO of

    About Uniboard (a subsidiary of Pfleiderer AG)

    Uniboard is a leading North American manufacturer of engineered wood
products, with installed capacity of over 900 million square feet of raw
particleboard, high density and medium density fiber board, of which over 50%
is converted into value added melamine and laminated flooring products.
Uniboard remains the only producer of laminated flooring products in Canada.
Its annual sales exceed $550 million and it employs close to 1,400 employees.
Its products are sold to retailers, distributors and finished goods
manufacturers, which cater to the kitchen cabinet industry, the furniture
industry, the renovation and construction industries, as well as to the floor
covering industry. Uniboard is the largest supplier of thermofused melamine
panels in North America.

For further information:

For further information: Linda Farha, Zenergy Communications, 
1-866-440-4034, linda@zenergycom.com

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