One Equity Partners (OEP), a middle market private equity firm, announced that it has completed the previously announced acquisitions of USNR and Wood Fiber Group. OEP reports it subsequently merged the two businesses, with projected 2021 revenues greater than $500 million…
Portland State University Tests CLT’s Seismic Strength
When the 12-story Framework building planned at Portland’s Northwest 10th Avenue and Glisan Street is complete, it may look to passers-by like any other Pearl District condo tower.
But it will hold a special distinction in the sustainable building world: the nation’s tallest building made primarily from mass timber (long pieces of timber, glue-laminated together).
Designers and engineers across the country are chasing an innovative style of mass timber construction pioneered in Europe, which they believe will go a long way to reduce the carbon footprint of large buildings.
The breakthrough came with the development of cross-laminated timber or CLT: Large, layered flat panels used as floors and walls (rather than just beams as vertical posts).
As Oregon moves on multiple fronts to take the national lead in all-wood construction for tall buildings, Portland State University stepped up early to do basic research. PSU won a three-year, $400,000 National Science Foundation grant to study two aspects of mass timber construction: its sustainability and how well it resists earthquakes.
From Sustainable Life: https://pamplinmedia.com/sl/337694-214716-psu-tests-new-green-woods-seismic-strength