Masisa, a Chilean forestry company, will pay US$59.2 million raising its stakes in two timber subsidiaries.
MASISA MASISA S.A. is a forest products company headquartered in Chile with manufacturing operations in Chile, Argentina, Peru, Brazil, Venezuela, Mexico and the United States. Its manufactured products include solid wood, particleboard, medium-density fibreboard (MDF) and oriented strand , a Chilean forestry forestry, the management of forest lands for wood, water, wildlife, forage, and recreation. Because the major economic importance of the forest lies in wood and wood products, forestry has been chiefly concerned with timber management, especially reforestation, company, will pay US$59.2 million
raising its stakes in two timber subsidiaries. Masisa bought out
Forestal Tornagaleones in Chile and Forestal Argentina Argentina (ärjəntē`nə, Span. ärhāntē`nä), officially Argentine Republic, republic (2005 est. pop. 39,538,000), 1,072,157 sq mi (2,776,889 sq km), S South America. from the Ohio
Public Employees' Retirement System, a U.S. public-sector pension
fund.
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