The leaders at ARAUCO North America knew they had a critical need for a panel manufacturing plant in the Midwest. As it turned out, the Midwest needed ARAUCO, as well. The result? ARAUCO is constructing a $400 million, 750,000-square-foot mill in the north-central Michigan city of Grayling. Construction began in April 2017, and the plant will begin producing particleboard and thermally fused laminate in late 2018. It will be one of the largest board plants in the world.