Arauco, a leader in the composite panel and forest products industry, has announced it will be closing its medium density fiberboard (MDF) mill in Bennettsville, South Carolina on May 18th. The facility has been offline due to market conditions caused by the COVID-19 pandemic. Arauco said the decision to close the facility permanently was based on a broader assessment that the older manufacturing platform is no longer competitive in the prevailing MDF market compared to the company’s other more advanced MDF platforms. In February Arauco announced that it was closing their MDF facility in Eugene Oregon effective May 1st.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.
Arauco to permanently close another MDF plant, this time in South Carolina