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
Investment Firm Angeleno Group Invests In NESTEC
Angeleno Group, a Los Angeles-based investment firm providing venture capital and growth equity to clean energy and climate solutions companies, announced its investment in NESTEC, an equipment manufacturer and service provider of industrial air pollution…
U.S. Forest Service Announces New Funding Opportunities
The U.S. Department of Agriculture’s Forest Service has announced up to $95 million in competitive grant funding through its Wood Innovations program for projects that advance innovative wood uses, expand wood-based construction, and grow U.S.…
Weyco Expects Strong Growth
Weyerhaeuser Co. hosted an Investor Day in December and outlined the company’s strategic growth plan and financial targets through 2030. “Weyerhaeuser stands alone in the timberlands, wood products and land solutions space as the only…
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!