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Atlanta, GA - Yesterday, ARAUCO North America purchased the operating assets of Suddekor s paper treating business located in Biscoe, North Carolina.

The acquired asset gives Arauco the ability to impregnate decorative paper with melamine based resin, which is used for the manufacture of thermally fused laminate panels (TFL). The Biscoe facility brings a new capability to Arauco in North America, and will supply the internal needs of its five laminating centers located in Albany, OR; Bennettsville, SC; Moncure, NC; Sault Ste. Marie, ON, and St. Stephen, NB.

To complement the purchase of this asset, Arauco recently announced plans to install a next generation fast-cycle press to produce TFL products, and to expand the particleboard panel capacity at its plant in Bennettsville, South Carolina (CPB).

The investment in treating decorative papers provides us with the opportunity to better manage an important part of our supply chain, remarks Kelly Shotbolt, President ... and it s part of a vertical integration strategy that will further develop our TFL program by enhancing our ability to deliver new and innovative products to our customers.

Contact:             Kelly Shotbolt, President Arauco North America           (770) 350-1642

Based in Santiago Chile, ARAUCO, a global leader in the development of sustainable forest products, manufactures a wide range of composite and thermally fused laminate panels, plywood, millwork, lumber and pulp that are procured from company-owned and managed forests throughout South America. Arauco s North American headquarters are located in Atlanta, GA.