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Norbord Inc. T.OSB

"Norbord is the largest global producer of oriented strand board, which is used as a structural panel for building applications. The majority of its mills are located throughout the United States, with additional capacity in Northern Europe."


TSX:OSB - Post by User

Bullboard Posts
Comment by carlocarlion Sep 07, 2011 12:51pm
158 Views
Post# 19018398

RE: Economic Stimulus

RE: Economic StimulusHello Capt.:

First of all, if the news reports about Obama's upcoming proposals are right, the chances of much of the so called "stimulus" program to make it through the Tea Party Congress are next to nil.  Second, the focus of the "stimulus" (according to the previews) is not the housing industry (althoght it should be.) Finally, no serious housing economist projects housing starts in the United States to go up to one million per year before 2013-2014. Norbord may well be bankrupt by then.

However, I do wish you the best of luck.

Carlo
Bullboard Posts