Lumin to Invest $136M in New Plywood Mill in Uruguay, Expanding Production Capacity to Nearly 500,000 m3
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MELO, Uruguay--(BUSINESS WIRE)--Lumin, a leading timberland and forest products company, will invest ~US$ 136 million to build its third industrial plant in Uruguay, which is expected to create more than 300 jobs and significantly increase the country’s sustainable plywood production. The announcement was made this afternoon in Melo at an event attended by the President of Uruguay, Luis Lacalle Pou, the Mayor of Cerro Largo Department, José Yurramendi, and Lumin’s CEO, Álvaro Molinari. Followin
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