What's
new?
ATC
Panels
Adding
New
Laminate
Flooring
Facility
to
Clarion,
Pa.
Plant.
ATC
Panels,
in
association
with
its
joint
venture
partner
Tarkett,
Inc.,
recently
began
construction
on a
new
$50
million,
state-of-the-art
laminate
flooring
facility
located
next
to
the
existing
HDF
plant
in
Clarion,
Pa.
The
300,000-square-foot
facility
will
feature
two
production
lines
with
a
capacity
of
240
million
square
feet
and
is
expected
to
be
operational
in
August
2007.
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MORE
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ATC
Panels is an industry
leading supplier of composite
panels and value-added products
and is one of the fastest
growing wood panel companies in
North America. The company is
owned by Aconcagua Holdings,
named after the highest mountain
in the western hemisphere.
Aconcagua Holdings was formed in
May 2004 by several Chilean
investors, who until 2002
controlled MASISA, the largest
wood-panels manufacturer in
Latin America. With five
acquisitions in the past two and
a half years and a recent
significant minority investment
by New York-based investment
firm Palladium Equity Partners
LLC, the company aggressively
growing.
The ATC Panels
companies manufacture and sell
Thermally Fused Melamine Panels
(TFM), MDF Gesso-Coated
Mouldings, Particleboard, Low
Density Fiberboard (LDF), Medium
Density Fiberboard (MDF) and
High Density Fiberboard (HDF).
Operations in
North America are conducted
through:
-
ATC Panels
Inc., which owns and
operates the Franklin, VA
particleboard mill and the
Moncure, NC particleboard
mill and thermally fused
melamine operation
-
Clarion
Boards Inc., a joint venture
with the French flooring
company Tarkett, Inc., which
owns and operates the
Clarion, PA MDF and HDF
mill, and;
-
ATC Pembroke
Inc., which owns and
operates the Pembroke,
Ontario MDF and mouldings
mill
ATC Panels is
committed to the composite
panels business and will
continue to invest and improve
its facilities to ensure that
they meet our customers’ needs
to the best of our abilities. We
will strive to deliver
consistent quality products in a
timely manner, while providing
superb customer support.
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