Brazilian forest industry company BrasPine plans to invest around $250 million in a new pine processing facility in northern Uruguay, marking its first industrial operation outside Brazil and reinforcing a broader regional expansion strategy. The project, located in the department of Rivera near the Brazilian border, has been approved under Uruguay’s investment promotion regime. The total planned investment—structured in phases—will cover machinery, equipment and infrastructure, with initial spending expected to be lower before a gradual scale-up. The plant, scheduled to begin operations in 2027, will be BrasPine’s third industrial unit and is expected ...
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