Companies in the timber industry / Daily News / Wood Products / Wood-based panels / Global / North America / South America
July 24, 2018
Arauco expands presence in US with the acquisition of Panolam
Arauco announced the purchase of Panolam’s industrial assets located in Albany, Oregon. The acquisition continues the expansion of the company’s presence in the North American market. The Panolam complex, which will be called Albany Treating and Lamination (ATL), is situated approximately 10 miles from Arauco’s existing particleboard and TFL operations in Albany. The site includes two thermally fused lamination lines with an annual installed capacity of 212,000m3, as well as two impregnation lines and warehouse capacity. “With this acquisition, we are executing on our strategic plan to strengthen ...
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