Masisa S.A. is merging with Terranova Forest Products S.A. of Santiago, Chile, creating one of the largest forestry groups in Latin America with assets of approximately $1.6 billion.
Masisa S.A. is merging with Terranova Terranova
a genus of nematodes in the family Anisakidae that parasitize elasmobranch fish. Forest Products S.A. of
Santiago, Chile Santiago, officially Santiago de Chile (Spanish: (helpinfo)), is the capital of Chile, and the center of its largest conurbation (Greater Santiago). , creating one of the largest forestry groups in Latin
America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. with assets of approximately $1.6 billion. It owns 368,000
hectares of forests in Chile, Argentina, Venezuela and Brazil. Products
include sawn timber, doors and mouldings. The newly merged company is
adopting the name Masisa USA and has moved its U.S. headquarters to
Atlanta. The company also has a manufacturing plant in Charleston, SC.
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