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

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April 28 (Bloomberg) -- Masisa SA, 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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To contact the reporter on this story: Eduardo Thomson at ethomson1@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net

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