ATLANTA -- Arauco, a North American manufacturer of composite wood panels, plants to invest $20 million to expand its thermally fused lamination (TFL) operations at its state-of-the-art particleboard mill in Grayling, Michigan.

The new lamination line will be Araucos third TFL line at Grayling and will increase the mill’s lamination capacity more than 50% in support of the Prism TFL decorative surface product offering. The new line is expected to be commissioned and operational in late 2023.

“We are excited to continue investing in Crawford County and our Grayling Operations. This investment further highlights our commitment to better serve the needs of our North American customers through value-add products,” said Pablo Franzini, president of Arauco North America.