1221651555.jpg
Continuous chipboard press (stock foto) © Egger

Arauco to invest € 285 million

Article by Birgit Fingerlos, translated by Susanne Höfler | 18.09.2015 - 00:03
1221651555.jpg

Continuous chipboard press (stock foto) © Egger

Arauco North America, Grayling/US, announced plans to build the largest continuous chipboard press in North America, as woodworkingnetwork.com reports. For this purpose, they are investing US-$ 325 million (€ 285 million); the construction start is scheduled for the end of 2016. Arauco wants to take up production by the end of 2018 and aims at a capacity of 40 million m². This will create about 250 new jobs.