Arauco has signed in December a purchase agreement for Masisa’s industrial assets in Mexico. The agreement involves an investment of $245 million for three industrial complexes located in Chihuahua, Durango and Zitácuaro. In terms of production, the complexes include three particleboard (PB) lines with an annual installed capacity of 293,386msf (519,000 m3) and an MDF panel line of 124,360msf (220,000 m3) a year. In addition, there are three TFL lines, a resin plant, and a veneer line. “This action is part of ...
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