Summary: Norbord Inc. Sep 11
- ID: 1925061
- September 2011
- Standard & Poors
The ratings on Norbord Inc. reflect what Standard & Poor's Ratings Services views as the company's low-cost operations and market position as the second-largest North American oriented strandboard (OSB) producer. These strengths are partially offset in our opinion by Norbord's exposure to cyclical housing construction markets, its highly leveraged capital structure, and weak profitability. As the second-largest OSB producer in the world, Norbord has an annual capacity of more than 5 billion square feet (bsf). The company also produces other wood products such as particleboard and medium density fiberboard. Its operating facilities are in North America and Europe. Standard & Poor's considers Norbord's business risk profile as weak. The company produces commodity products and operates in a highly cyclical industry...
Companies mentioned in this report are:
- Norbord Inc.
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