ATLANTA
,
May 25, 2022
(press release)
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ARAUCO, North America's leading manufacturer of composite wood panels, announced today that it will invest $20 million to expand its Thermally Fused Lamination (TFL) operations at its state-of-the-art particleboard mill in Grayling, Michigan. The new lamination line will be ARAUCO's third TFL line at Grayling and will increase the mill's lamination capacity more than 50% in support of the Prism TFL decorative surface product offering. The new line is expected to be commissioned and operational in late 2023. "We are excited to continue investing in Crawford County and our Grayling Operations. This investment further highlights our commitment to better serve the needs of our North American customers through value-add products," said Pablo Franzini, president of ARAUCO North America. About ARAUCO North America
ARAUCO is a global manufacturer of forest products, including the industry’s most comprehensive selection of composite panels, millwork, premium plywood, lumber and wood pulp. With roots in sustainable forestry and innovative product development, ARAUCO brings more than a half-century of manufacturing and supply chain excellence to the North American market. The company delivers through 22 ports and ships to more than 3,500 destinations throughout North America.
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