Thank you, Chris.
with start couple a on of the of acquisition general and me Norbord outlook comments Let on for the XXXX.
officially as Board having like Marian to Fraser Board. the to Norbord to Fraser. McMorrow also I'd welcome First, Norbord's And both team welcome Colleen members, Lawson joined and West West from new the
As we've flexibility that the opportunities we and and talked to opportunities very still will early addition West are the ahead. be deliver And previously, assets strong us company a about gives a it's Fraser the cycle. while excited the and shareholders positions through we to Norbord's Norbord to how better the lie seeing value of Fraser people financial very complement days, growth remain West to pursue to about strategic family already
projects. In terms mortgage our trend incentives people created toward markets, strong building record and products working, demand drive purchase undertake work to for low end combined with single to multifamily. for homes more it has our options, housing formation Remote that deficit, ongoing and renovations the home from homes, than rates, of do the consumes continued of have greater when underlying new family yourself
that there economic uncertainty recognize our implications can factors COVID-XX. of control long that of the influence effects we including are markets, While around of outside many the term temporarily
have memory safe will and servicing to by been past is market but few strategy. going trend. the of needs clear to are the our it forward. currently our our markets months both and community has We strong our and months which And with Keeping with of focusing favorable thoughtful mind, employees in be attention further we're customers' more led building about wood, including and we the accepted. in Record seeing, high optimistic still that our never benefits environmental fundamentals supported more just are XX and pricing with our is new a allocation results, patient relatively capital ago, priorities
few few there. and a the share that South to to select relate our like updates I'd particularly strategy Now regarding those projects, US
Alabama opportunity upgrades expectations. environment see significant of to see complex in is further in and jobs a ability Final has in we improving of great planar our US on to complex on new as while which our reducing is Turnover strategy. value higher but key Our key end substantially, manufacturing the fewer track, turnover is and our people The our all we expectations. and in retain we in seeing completed a uplift example and our the before that of is starting the XXXX, be execute were reduced recruit the to are new Opelika, we and Georgia, believe South. in Dudley, construction cost improving needed And up reduction. work the to achieving anticipate metrics, Perhaps the month. our able is in of strategy, we key productivity creating our reach safety, people upside we operating most importantly the
execution it's good the of in with from and as a to more second rest sustainability in stages benefits speak, of our for more the fiber early consuming key close It's to we strategically expect The Similar and further more business. located in capital from log supply have from our both Opelika, good without site XXXX. the we reduction in platform, for of US growth is a to later operating the now people strategy. in the same lumber we coming production, and the cost good lumber In to online as cost timber having we in a quarter. overall important lumber fact, South. markets a the planet than XX% our is note, continued it's and a extract producing investment consume our result southern that would perspective area
to and low continuing are capital we look bring to our the we been to US committed to South deploying cost forward support in them operating that remain able by prudently We projects in platform. encouraged XXXX. have operationalize the to to And completion
the is our our taken whatever ability of doing comes improved everyone have I transition next. tackle people And And to in so on overall it that and employees thankful of is past challenge this have that, year. remind the Finally, want and The that burden turn we’ll what Thank proud am dedication perseverance our to questions with I most company across of. call back for you. for operator the to the
