Another Green Panel Manufacturer Calls it Quits

Rodman Industries, manufacturer of ResinCore1™—an FSC-certified, recycled-content particleboard made with phenolic resin—has announced that it will shut its doors by the end of May 2006. Rodman has been producing particleboard since 1965. The shutdown comes on the heels of last November’s unexpected folding of Dow BioProducts, which manufactured Woodstalk™ straw particleboard panels (see EBN Vol. 14, No. 12). Like Woodstalk, ResinCore1 leaves the market despite growing sales. “Sales were going up, especially since Dow Bio closed,” according to Norman Chambers, national sales manager for Fiberesin Industries, Inc., Rodman’s parent company. Employees who were anticipating a strong year were surprised in February when the board of directors gave its workforce and customer base 60 days’ notice. “After the announcement, we booked about four months’ worth of business in about three days,” Chambers says.
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