USA - Martco L.L.C. (RoyOMartin) announced that its Texas subsidiary, Corrigan OSB, L.L.C., will construct a second OSB manufacturing facility near its current, state-of-the-art OSB plant located in Corrigan, Texas.

Construction is scheduled to begin this year, with start-up anticipated in 2023. The new plant is expected to significantly increase production capacity at Corrigan, while focusing on existing and new value-added OSB products.

With a population surge of more than 4 million residents in the past decade, more families and companies are relocating to the state of Texas. The increase in home prices and rising costs of building materials, appliances, and labor in the past year indicate a severe shortage of OSB supply. Corrigan OSB is stepping up to meet this increased demand with the addition of the new production plant.

A versatile structural wood panel, OSB is commonly used in the construction of residential and multifamily housing, as well as in a variety of other applications. OSB panel products at the new facility will be marketed under the RoyOMartin® brand. “We recognize the trend, and we believe most families want to eventually own their own home in America,” stated Chairman, CEO, and CFO Roy O. Martin III. “That’s why we are expanding, for the future.”