A drop in earnings for the company owning the oriented strandboard mill in Barwick.
Norbord says adjusted earnings for the first three months of this year came in $42 million.
That’s down from the $70 million made in the last three months of 2018 and down from the first quarter of last year when Norbord reported earnings of $170-million.
Lower prices and a slowdown of the U.S. housing market are cited as contributing factors to the decrease.
