May 31, 2012
Subsequent to quarter-end, Norbord announced that effective July 2012, production at its Val-d’Or, Quebec mill will be suspended indefinitely. Approximately 120 employees are affected by this decision. Prior to this announcement, the mill had been operating in a partially curtailed mode for the last five years. Customers will continue to be serviced without disruption. The Company does not expect to incur any material one-time charges as a result of this decision.