CLT Manufacturing To Increase In Pacific Northwest

Oregon and southwest Washington make up one of 12 new regions accepted into the Investing in Manufacturing Communities Partnership initiative. The program is a federal effort to increase domestic manufacturing by “supporting the development of coordinated, long-term economic development strategies in communities,” according to Business Oregon.

The U.S. Department of Commerce selected the regions based on competitive proposals. The first 12 regions were accepted last year and the Pacific Northwest was not among them. U.S. Commerce Secretary Penny Prtizker said the initiative is critical to the administration’s efforts. “To support American manufacturing, create good paying jobs and spur sustainable growth across our country,” she said. She said the designation is an important positive signal to potential investors in the Northwest and other parts of the country.

The Pacific Northwest Partnership Region will focus on reviving and modernizing the timber industry. Cross-laminated timbers (CLT), a type of cross-hatched wood product, are as strong as steel or concrete and will be manufactured locally under the program.

On its website, Business Oregon says cross-laminated timbers have “significantly lower environmental impact, sequesters carbon and yet meets the same fire and safety code regulations as concrete and steel.” The new type of wood can even be used to frame skyscrapers.

From Jefferson Public Radio: https://ijpr.org/post/timber-manufacturing-increase-pacific-northwest

Swanson Group Purchases Olympic Panel Products

Swanson Group Manufacturing LLC, a Pacific Northwest forest products company, announced today that it has acquired the assets of Olympic Panel Products LLC. Located in Shelton, Washington, Olympic Panel is the largest overlay plywood manufacturer in North America. Terms of the transaction were not disclosed.

Swanson Group plans to relocate the Olympic Panel assets in 2016 to its state-of-the-art facility that will be constructed in Springfield, Oregon. The new facility will continue to produce Olympic-branded products. During the next twelve to eighteen months, Olympic Panel Products will continue to operate in Shelton to ensure a smooth transition for all customers and suppliers.

Swanson executives believe Springfield, Oregon is the right location to maintain the Olympic Panel tradition of building the highest quality overlay products.

“Swanson is building a world-class plywood and veneer manufacturing facility in a location with an excellent workforce and log supply,” says Steve Swanson, President and CEO of Swanson Group. “We have long been impressed with the quality and depth of Olympic’s overlay product line and believe that this acquisition fits perfectly with our goal to become the leading producer of overlay panels in North America.”

From ForConstructionPros.com: https://www.forconstructionpros.com/press_release/12057173/swanson-group-purchases-olympic-panel-products