Arauco Considers Plant In Mexico
Arauco is conducting an Environmental Impact Assessment as the first step toward evaluating the viability of a new $200 million MDF production line in Zitácuaro, Michoacán, Mexico. If the project proceeds, subject to the approval of local and state authorities, production is expected to start during 2024. It would double the company’s MDF capacity in Mexico.
“We are investing in Mexico to meet the growing demand in the construction and furniture industries,” remarks Pablo Franzini, president of Arauco North America. “This is a demonstration of our commitment to the market and will ensure we continue to develop and maintain successful relationships with our commercial partners.”
RELATED ARTICLES
Latest News
Con-Vey Launches New Web Site
Roseburg, Ore.-based Con-Vey has launched a new website in collaboration with another local Roseburg company, Anvil Northwest. The nine-month project was started with the intent to update the company’s look and promote its services. The result was a beautifully designed site with a paring down of the number…
West Fraser Buys OSB Mill
An oriented strandboard plant in Allendale, SC will now have its third ownership since starting up in 2006. West Fraser Timber Co. Ltd. is purchasing the facility from Georgia-Pacific for $280 million. The Allendale facility has been idle since late 2019 when GP shut it down citing market conditions. The plant has an estimated…
USNR, WFG Sold To Equity Firm
One Equity Partners (OEP), a middle market private equity firm, announced that it has completed the previously announced acquisitions of USNR and Wood Fiber Group. OEP reports it subsequently merged the two businesses, with projected 2021 revenues greater than $500 million…
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!