The restart of the Tolko OSB mill in Slave Lake, Alberta—with accompanying capital investments and job creation— comes as good news for the community, which was hit by a devastating fire two years ago. Imagine purchasing a Ferrari sports car and being forced to put it in the garage because the insurance becomes too expensive after only a year of driving it. That's howToIko Industries Ltd. must have felt when it curtailed its nearly new high performance oriented strandboard (OSB) plant in Slave Lake, Alberta in February 2009, due to poor market conditions.However, the plant in Slave Lake is now back in production and manufactured its first panel slightly ahead of schedule this past December. The market for OSB has improved significantly, due to increased housing starts in the U.S., making operation of theplant economically viable. It is one of two operating OSB plants owned by Tolko, the other being in Meadow Lake, Saskatchewan.
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