Arauco Takes Over Moncure Mills

Arauco has started production at the panel complex (MDF, particleboard, laminate) it recently acquired from Uniboard (Pfleiderer) in Moncure, NC. The Moncure plant employs 250.

The facility is operated by Arauco Panels USA, LLC, a subsidiary of Arauco Wood Products, Inc. Sales and customer service will be handled through Arauco’s North American sales office in Atlanta.

The Moncure MDF line has the capacity to produce 330,000 m3 annually, while the particleboard line can produce 270,000 m3 annually. Two thermally fused melamine lines are also in operation.

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…

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