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FTAI Infrastructure Makes Strategic Investment in TimberHP
FTAI Infrastructure (FIP) has made a strategic investment in TimberHP, a producer of wood fiber insulation products, TimberHP said Tuesday.Terms of the investment were not disclosed.TimberHP said the investment will support a production ramp-up at its Madison, Maine facility and expand its commercial footprint amid rising demand for sustainable insulation products.Shares of FTAI Infrastructure were up 1.7% in Tuesday trading.Price: $5.59, Change: $+0.08, Percent Change: +1.45%
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