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.
RELATED ARTICLES
Latest News
PELICE Adds Keynoters, Exhibitors
Organizers of the eighth Panel & Engineered Lumber International Conference & Expo (PELICE) have announced a partial list of keynote speakers for the event, which will be held Thursday-Friday, March 31 to April 1, 2022 at the Omni Hotel at CNN Center in downtown Atlanta, Georgia, USA…
Forest Service Says 4FRI Is Still Alive
Following its cancellation of the Phase 2 Request for Proposal (RFP) and bid selection in September, which caught everybody by surprise, the Forest Service “has gone back to work” on how to move forward with stewardship and treatment of the 520,000 acres that was included in Phase 2, which was part of the 4 Forests…
CalPlant I Regroups, Sale Is Possible
CalPlant I, LLC, which took 25 years to develop and build a rice straw-based medium density fiberboard plant and produce its first board late last year in Willows, Calif., has voluntarily filed for Chapter 11 bankruptcy protection and intends to conduct a court-supervised sale process…
NewLife Gains Full Production
NewLife Forest Restoration has ramped up production at its new engineered wood products plant in Bellemont, Ariz., while also increasing forest restoration work in service of its 4 Forest Restoration Initiative (4FRI) Phase 1 Forest Service stewardship contract that seeks to thin and treat more than 300,000 acres at risk of…
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
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.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!