Chile’s Masisa to Invest $100 Million, Diario Financiero Reports

Masisa SA (MASISA), the Chilean forestry and wood products company, plans to invest as much as $100 million this year, Diario Financiero reported.

Half of the investment will be for expanding forestry operations and the other half for maintenance and improvements at its wood panel plants, the Santiago-based newspaper wrote, citing Chief Executive Officer Roberto Salas.

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