Alexandria Moulding Receives the Inaugural MasisaGREEN(TM) Award

    ATLANTA, November 5 /CNW/ - Masisa USA, Inc., a leading supplier of
value-added wood products for the building industry, today announced that
Alexandria Moulding is the recipient of the company's first annual
MasisaGREEN(TM) Award. Presented November 2, 2007 during the Association of
Millwork Distributors (AMD) Conference in Denver, Colorado, the award
recognized Alexandria Moulding as the Masisa USA customer that exemplifies
excellence in responsible environmental and social practices. Canadian-based
Alexandria Moulding was the first international moulding company to bring FSC
mouldings into the Canadian retail environment, and generously supports many
charities and organizations.

    "We are honored to have been selected by Masisa USA as the first
recipient of the MasisaGREEN(TM) Award," said Andre Cholette, President of
Alexandria Moulding. "We place high priorities on providing our customers with
environmentally friendly products and on actively supporting many community
organizations. Everyone at Alexandria Moulding is very pleased to have our
efforts recognized, and we look forward to working with Masisa USA throughout
the year to bring attention to our mutual commitments."

    A member company of GrupoNueva, Masisa benefits from a long heritage of
corporate responsibility and is well known for its integrated business model
for sustainable development.

    "We decided to create the MasisaGREEN(TM) Award to increase visibility
within our industry and beyond for the importance of sustainable business
practices," said Dan Schmidt, President of Masisa USA. "Alexandria Moulding is
a customer with a great track record for responsible environmental and social
business practices. We were very pleased to also have the opportunity to
generously donate, on behalf of Alexandria Moulding's award, to one of their
local charities."

    Masisa's business commitment is evident in that the company uses a triple
bottom line management system that measures environmental and social
stewardship, as well as profits. The company also has FSC certification, SCS
certification for recycled raw materials, E-1 classification for low
formaldehyde emissions, ISO 14001 for environmental management and OHSAS 18001
for occupational health and safety management. Masisa USA is a member of the
Chicago Climate Exchange and is also a product partner for the National
Homebuilder Mainstream GreenHome(TM), being built by Cherokee Investment
Partners in Raleigh, NC.

    About Alexandria Moulding

    Since beginning as a hardware store in 1943, Alexandria Moulding today is
Canada's Largest Moulding Manufacturer and one of the largest moulding
manufacturers and distributors of wood and wood composite mouldings in North
America and the world. The company has four domestic Mega Centres that manage
its manufacturing and distribution requirements, as well as a South American
presence in Santiago, Chile. Alexandria Moulding services the North American
market from coast-to-coast and exports its products on a global scale. The
company is committed to being at the forefront of utilizing environmentally
friendly processes, procedures, and products. Alexandria Moulding is a part of
many eco-friendly initiatives such as the purchase and distribution of FSC
(Forest Stewardship Council) certified mouldings, SCS accredited mouldings,
wood chip and saw dust utilization, water based primers, and the efficient use
of our wood resources. For more information, visit,

    About Masisa

    In business since 1960, Masisa manufactures and distributes
FSC-certified, value-added wood products to customers throughout the world.
Masisa's vertically integrated operations enable the company to produce much
of its own raw materials for a large volume of competitively priced products
with predictable delivery. Masisa USA distributes a growing list of building
products including pine, specialty and French interior doors, fingerjoint and
MDF mouldings and millwork and Plycem, a line of fiber cement exterior trim.
Masisa operates facilities throughout Latin America and has North American
headquarters in Atlanta, Georgia. For more information, visit

    Forward-Looking Information

    This press release may contain forward-looking statements.
Forward-looking statements are statements other than statements of historical
facts or current condition, and include without limitation management's
current view and estimates of future circumstances, industry conditions and
company performance. Some forward-looking statements may be identified by our
use of the terms " may," "should," "anticipates," "believes," "estimates,"
"expects," "plans," "intends" and similar expressions. Statements regarding
future market share, projected future competitive strength, the implementation
of principal operating and financing strategies, the direction of future
operations, and the factors or trends affecting financial condition, liquidity
or results of operations are examples of forward-looking statements. Such
statements reflect the current views of management and are subject to a number
of risks and uncertainties. There is no guarantee that the expected events,
trends or results will actually occur. The statements are based on many
assumptions and factors, including general economic and market conditions,
industry conditions and operating factors. Any changes in such assumptions or
factors could cause the actual results of Masisa and/or the merged company and
the planned actions of the merged company to differ materially from current

For further information:

For further information: Masisa USA, Inc. Debora Tucker, 770-405-2635

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