SmartLam Eyes $22 Million Maine Expansion For CLT Production

The nation’s first manufacturer of cross-laminated timber plans to set up shop in Maine, with a goal of creating 100 jobs at a $22 million mill, officials said Friday.

SmartLam, LLC of Montana still seeks a mill site, but has committed to building a factory in Maine within 18 months. Founded in 2012, the company produces more than 1 million board feet of the engineered wood product per month and employs 40 people in Montana’s Flathead Valley, SmartLam President Casey Malmquist said. “It is down to two sites right now,” Malmquist said in a telephone interview on Friday. “I’m just waiting to get further feedback on both of those sites and then we will be making our decision.”

“I don’t want to disclose them because I don’t want to influence the deal,” he added. “I think if they can kind of come up organically on their own rather than be influenced by one another it would be a more straightforward deal.”

SmartLam is the second maker of cross-laminated timber, a composite wood strong enough to replace steel and concrete in some types of high-rise buildings, to announce Maine expansion plans this week.

LignaTerra Global LLC of Charlotte, North Carolina announced plans at Husson University on Tuesday to build a $30 million, 300,000-square-foot factory to produce CLT in Millinocket. The company hopes to break ground in July and start production in 12 months with more than 100 workers.

From Bangor Daily News: bangordailynews.com.

Plum Creek Adds To Timber Base

Plum Creek Timber Co., Inc. has signed a $1.1 billion agreement to acquire approximately 501,000 acres of industrial timberlands, associated wind and mineral assets, and an interest in approximately 109,000 acres of high-value rural and…

Ellis Martin Led Family Business

Ellis Spencer Martin, one of the family members responsible for the growth of Roy O. Martin Lumber and Martin Timber Co., died October 18, 2013 in Alexandria, La. He was 96. The eldest son of…

Knokey Behind Many Plywood Developments

Gene (Eugene Rae) Knokey, the technical inspiration and motivating force behind the development of much of the plywood process machinery still considered today the standard of the industry, died August 22, 2013 in Anacortes, Wash.…

Elias To Become APA President

In early August, Composite Panel Assn. and its allies in the Federal Wood Industry Coalition (FWIC) filed a petition with the EPA seeking additional time for public comment on both of the agency’s proposed formaldehyde…

« Older Entries

Next Entries »

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1589916740199-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376462440-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376636511-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376729201-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376916922-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376961890-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548377005333-0'); });

Newsletter

The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.

Subscribe Now

Subscribe/Renew

Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.

Complete the form

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!

Contact Us