{"id":76159,"date":"2018-08-02T10:05:18","date_gmt":"2018-08-02T10:05:18","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/arauco-continues-expansion-in-us-with-a-new-acquisition\/"},"modified":"2025-09-19T08:48:39","modified_gmt":"2025-09-19T08:48:39","slug":"arauco-continues-expansion-in-us-with-a-new-acquisition","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/arauco-continues-expansion-in-us-with-a-new-acquisition\/","title":{"rendered":"Arauco continues expansion in US with a new acquisition"},"content":{"rendered":"

Arauco announced the purchase of\u00a0Panolam\u2019s\u00a0industrial assets located in Albany, Oregon. The acquisition continues the expansion of the company\u2019s presence in the North American market.<\/em><\/p>\n

The Panolam complex, which will be called Albany Treating and Lamination (ATL), is situated approximately 10 miles from Arauco\u2019s 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.<\/p>\n

\u201cWith this acquisition, we are executing on our strategic plan to strengthen our footprint within the decorative laminate market in North America and expand capabilities to service present and anticipated growing demand,\u201d said Kelly Shotbolt, President, Arauco North America.<\/p>\n

\u201cThese assets provide the perfect platform to increase lamination production, while adding a second impregnation site, complementing our existing impregnated paper site on the east coast,\u201d he added.<\/p>\n

\u201cWe are very pleased with the many advantages of this investment,\u201d said Jake Elston, Arauco VP of Operations. \u201cIt not only helps us serve a growing marketplace, but also brings new team members and manufacturing capabilities to our group that will strengthen our western region business model.\u201d<\/p>\n

Along with the acquisition, Arauco and Panolam have signed a commercial agreement whereby Arauco will manufacture Panolam branded TFL to support west and southern United States customers.<\/p>","protected":false},"excerpt":{"rendered":"

Arauco announced the purchase of\u00a0Panolam\u2019s\u00a0industrial assets located in Albany, Oregon. The acquisition continues the expansion of the company\u2019s presence in the North American market. The Panolam complex, which will be called Albany Treating and Lamination (ATL), is situated approximately 10 … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":60622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713,4716],"tags":[3483,3252,3389],"class_list":["post-76159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","category-latest-trends","tag-arauco","tag-us","tag-wood-based-panels"],"acf":[],"yoast_head":"\nArauco continues expansion in US with a new acquisition - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/arauco-continues-expansion-in-us-with-a-new-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arauco continues expansion in US with a new acquisition - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Arauco announced the purchase of\u00a0Panolam\u2019s\u00a0industrial assets located in Albany, Oregon. The acquisition continues the expansion of the company\u2019s presence in the North American market. 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