by Web Editor | Apr 4, 2018 | News
Katerra, a high-tech construction firm, has secured $865 million in funding from SoftBank Vision Fund. That money will go toward ongoing projects in the U.S., like the company’s planned cross-laminated timber plant in Washington, as well as research and development activities.
Katerra says its upcoming 250,000-square-foot Washington plant will help scale up U.S. production of CLT so that the material can be more broadly adopted across the construction industry. Katerra’s manufacturing presence in the region will provide hundreds of jobs and stimulate additional jobs through the larger supply chain and associated industries, including design, engineering, and construction. More than 150 construction-specific jobs will be created to build the CLT factory.
Cross-laminated timber, or CLT, is a key ingredient in the so-called timber towers – multi-story high rises built of wood, some reaching 18 stories or higher. Katerra says CLT is valued due to its low carbon footprint and strength.
“CLT… is a material that creates beautiful spaces, is designed for manufacturing, and is sustainable all at the same time,” said Michael Marks, chairman and co-founder of Katerra. “This material represents a great opportunity to create new value within the construction industry and will be central to many of the projects we’ll be designing and building. We feel very comfortable and excited, particularly with the knowledgeable team we have, to make the jump into manufacturing mass timber. We are ready to help bring mass timber to the mainstream of U.S. construction.”
Katerra is already applying its high-tech construction techniques to manufacture building sections in an existing Phoenix factory, in processes similar to auto plants. The Phoenix plant uses CR Onsrud and Laguna machinery, and fabricates rooms and building sections, including cabinetry, plumbing and wiring.
From Woodworking Network: https://www.woodworkingnetwork.com/news/woodworking-industry-news/katerra-receives-865-million-fund-massive-cross-laminated-timber?ss=news,news,woodworking_industry_news,news,almanac_market_data,news,canadian_news
by Web Editor | Feb 16, 2018 | News
A North Carolina manufacturer plans to create more than 100 jobs by becoming Maine’s first producer of a composite wood strong enough to replace concrete and steel in high-rise buildings.
LignaTerra Global LLC of Charlotte announced plans at Bangor’s Husson University on Tuesday to build a $30 million, 300,000-square-foot factory to produce cross-laminated timber. Planning to build on a 35-acre portion of Millinocket’s 1,400-acre former Katahdin Paper Co. LLC site, the company hopes to break ground in July and start production in 12 months, said Nick Holgorsen, CEO and co-founding partner of LignaTerra.
One of two cross-laminated timber manufacturers in the country, LignaTerra aims to be the first investor to revitalize the site since parent company Brookfield Asset Management closed Katahdin Paper in 2008, laying off 208 workers and crippling a Katahdin region economy that had been home to world-class papermaking for more than a century. The failure of a more recent effort — Cate Street Capital’s proposed pellet mill — left current site owner Our Katahdin, a nonprofit economic development group, about $1.5 million in inherited tax debt.
LignaTerra leaders declined to say how much of the $30 million they will provide. The project’s private investors will be announced in several weeks and the company is working to secure tax breaks, said Brien Walton, director of the Center for Family Business at Husson University, who helped broker the deal.
“The bottom line is that if they wanted to do it all cash, right now, that is something that could be done, but we are trying to get the right parties and the right partners and to aggregate something that will be beneficial to the region and also sustainable to the long term,” Walton said during Tuesday’s news conference.
From the Bangor Daily News: https://bangordailynews.com/2018/02/13/business/latest-bid-to-revive-shuttered-katahdin-mill-promises-100-jobs/
by Web Editor | Jun 23, 2017 | News
From: Panel World Editors
International Beams plans to build the first cross-laminated timber production facility in the Southeastern U.S. in Dothan, Ala. A 227,000 square foot facility, a vacated GE plant, will be the manufacturing site for the company’s two new products, MAX-CORE CLT and MAX-CORE GLULAM.
International Beams, which has EWP (LVL, I-joist and rimboard) manufacturing facilities in Quebec and Ontario and is headquartered in Sarasota, Fla., was approved to receive tax incentive abatements for 10 years by the state of Alabama and the Houston County and 20 years by the city of Dothan.
Additionally, the Commission approved appropriating $632,000 to the Industrial Development Board of Dothan to meet obligations with the Alabama Municipal Electric Authority to facilitate the IB XLAM USA project.
by Web Editor | Feb 20, 2017 | News
The long wait for Australian-made cross laminated timber (CLT) is nearly over. Xlam Australia will open its first CLT manufacturing plant in Wodonga and be producing panels for construction by the close of 2017.
The company shared its plans to build a factory in the Albury Wodonga region with Architecture & Design last year, but only now do we know that it is actually going to happen. Fairfax is reporting that the plant has the backing of local, state and federal government and will be complete by April.
The facility will produce 60,000m3 of CLT each year and at capacity production will produce enough to build a project the size of Forte Melbourne – Australia’s largest timber apartment building – each week. It will be produced from local pine, increasing demand for the plantation industry and shortening delivery time and distance.
Currently, CLT is being purchased overseas from companies like Stora Enso, Meyer Timber and Novatop. Australia’s Lendlease has opened a prefabrication plant in Sydney that manufactures CLT framework but it doesn’t create the actual CLT.
Xlam has a number of Australian projects currently underway, including a massive CLT house designed by Fitzpatrick + Partners director James Fitzpatrick.
From Architecture & Design: https://www.architectureanddesign.com.au/news/australian-made-clt-from-local-plantation-forests
by Web Editor | Apr 1, 2015 | News
When completed, a new wood products plant at the Columbia Falls Industrial Park north of town will be the largest cross-laminated timber (CLT) plant in the world, Sen. Jon Tester learned during a meeting with city officials and business leaders at Freedom Bank on March 20.
SmartLam general manager Casey Malmquist said he’s in talks with the industrial park’s new Canadian owners about plans for construction of a new manufacturing plant to produce the giant wood panels. “We plan to quadruple our capacity, which will make us the largest CLT plant in the world,” Malmquist told Tester.
SmartLam’s panels are made with low-grade dimensional lumber from F.H. Stoltze Land & Lumber Co. that are sawn into smaller pieces and finger-jointed and planed into a 2-inch product that is then cross-laminated into large, heavy and very strong panels.
Currently the panels are being used in the oil industry for drilling rig platforms, bridges and roadways, but SmartLam wants to start producing panels for building construction, which is common in Europe.
Malmquist enumerated the environmental benefits of replacing concrete and steel with renewable and sustainable wood products.
From Hungry Horse News: https://www.flatheadnewsgroup.com/hungryhorsenews/expansion-will-make-smartlam-no-in-the-world/article_03c59e1c-d48a-11e4-90b8-fb43c4b37825.html
