It is possible that, in connection with any future issuances of shares, we may not be able to offer shares to U. Our board businesses generally achieve higher margins from the sale of their principal products in the markets in which they participate directly Chile, Argentina, Brazil, Mexico and Venezuela than from exports to third markets i. Masisa doors are available in a variety of styles and are manufactured from solid pine wood with engineered stiles and rails that are edge-glued, finger-jointed and laminated with clear veneer. You should also note that since the merger of our former subsidiary Masisa into and with us, we have been in the process of implementing, but have not yet completed, a reorganization of our businesses into three divisions: the Boards Division, the Solid Wood Division and the Forestry Division. None of our directors are residents of the United States and most of our executive officers reside outside the United States. Particle board physical volume sales increased by 6.
productos de mayor valor agregado, como las molduras de MDF.
Igualmente . Masisa participa en la industria de los tableros de madera desde su fundación en . Abogada, Universidad de los Andes, Bogotá, Colombia. S.A.; Madergold S.A.; Sacheco S.A.; NBC Maderas S.R.L.; Trumar S.A.I.C.; Amiano S.R.L.
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This increase in wood board sales was primarily due to the appreciation of the Brazilian reales against the U.
Placacentro stores offer a variety of products related to furniture manufacturing and provide related services, such as computer aided furniture design, and customized board sizing and drilling, improving our customers' productivity.
We expect that the progressive maturity of our forests in Chile will allow us to increase our annual harvest resulting in a higher volume of wood production. Our business strategies, financial condition and results of operations could be adversely affected by changes in government policies of the Latin American countries in which we operate, other political developments in or affecting these countries, and regulatory and legal changes or administrative practices of their authorities, over which we have no control.
The Mexican market has a good but limited national supply system as well.
Masisa Colombia S.A. (formerly Terranova Colombia S.A.). S.A. de C.V., Productora de Tarimas del Sur S.A., Productos Maderables Goles de RLMI.
Sacheco S.A., Dolinsky S.A., NBC Maderas S.R.L., Amiano S.R.L. and Trumar S.A.I.C.
*Include Colombia, Peru and Ecuador, among other countries. Sawn lumber. Productos Forestales S.A. de C.V. Maderas Amiano S.R.L.
In addition, the prices we pay for raw materials may increase as a result of higher fuel costs paid by our suppliers.
Masisa's principal financing activities in related mainly to replacing existing long-term borrowings maturing in late and Their annual operational capacity is sufficient to dry most saw lumber currently produced at the Cabrero sawmill.
Net working capital rose as a consequence of higher sales. Due to its resulting higher production costs, MDF generally commands a higher price than particle board of the same thickness. Mapal Boards. We manufacture raw, melamine-laminated and wood-veneered particle board in Chile.
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