Kronospan completed the acquisition of La Grande, Oregon manufacturing site of American Securities-backed Hexion.

Kronospan, a paper and forest product manufacturing company, completed the acquisition of La Grande, Oregon manufacturing site of American Securities-backed Hexion, a global producer of adhesives and performance materials. Financial terms were not disclosed. “With the La Grande chemical plant now part of Kronospan, we strengthen our supply chain, broaden our manufacturing base, and reaffirm our commitment to delivering high-quality products to customers across North America. We are excited to welcome the talented La Grande team into the Kronospan family and look forward to building our future together," Hans Obermaier, Kronospan’s North American operations CEO.