by Web Editor | Aug 6, 2018 | News
The state legislature earlier this year called on the Washington State Building Code Council (WSBCC) to adopt rules for cross-laminated timber (CLT) use when building residential and commercial buildings. The move represents ongoing efforts to bring CLT into mainstream use for residential and commercial construction, which would create commercial value for the small-diameter trees that are contributing to poor forestland health in Washington state.
For state and federal officials, as well as private stakeholders, that change could hasten restoration work by making tree thinning a profitable endeavor rather than a costly project requiring government funding.
The potential CLT offers was articulated by U.S. Forest Service (USFS) Chief Vicki Christiansen at the 2018 Pacific NorthWest Economic Region Summit in Spokane on July 24. “We can use new opportunities for forest product delivery to help us to improve forest conditions, while also creating jobs and sustaining rural communities. We can implement these new practices by working together and being a good neighbor.”
Forest Service Region 6 covers Washington and Oregon and includes 28 percent of all forestland across Washington. In recent years the federal agency has struggled to conduct forest health work due to “fire borrowing” in which those portions of its budget are used to pay for the high cost of firefighting. During last year’s wildfire season USFS spent $2 billion on wildfire fighting, more than half its budget. There were 50 large fires on USFS land and over 411,000 acres burned, costing the agency $130 million. Over 90 percent of those fires were human-caused. In April, federal legislation sought to end the practice of fire-borrowing by allocating additional long-term funding to USFS to the tune of $2 billion starting in 2020.
A 2014 analysis by The Nature Conservancy and USFS concluded that half a million acres of forestland managed by the federal agency in Eastern Washington were in need of thinning and prescribed burns. Along with the new funding, Christiansen said that they can also “align our best practice policies and guidance with the changing markets that are certainly emerging in the Pacific Northwest.”
Read more on this from The Lens at https://thelens.news/2018/07/31/cross-laminated-timber-as-forest-management-strategy/.
by Web Editor | Jun 29, 2018 | News
Offsite design-build company Katerra and India-based manufacturing technology company KEF Infra have announced a merger that will see the newly formed KEF Katerra begin conducting operations in India and the Middle East. KEF Katerra, according to MEP Middle East, already has $3.7 billion in bookings.
Both companies use offsite manufacturing and technology as part of the “end-to-end” building services they provide. KEF Infra also uses robotics and automation in its manufacturing business and produces items like pre-cast concrete, prefabricated bathroom pods and aluminum and glazing facades. Katerra said it will also employ KEF Infra’s pre-cast technology in the U.S. market.
In addition to housing, the company will focus on building community infrastructure assets like hospitals and schools. Post-merger Katerra will have a total of 20 offices and 3,400 employees around the world.
Earlier this month, Katerra sealed the second of two acquisition deals in as many weeks. Those transactions, intended to increase the companies’ design capabilities in the U.S., saw the company enter into agreements with Portland, Oregon-based Michael Green Architecture and Lord Aeck Sargent in Atlanta. After those deals were complete, Katerra had 31 U.S. state architecture licenses plus credentials in British Columbia and Alberta, Canada, and saw its staff size double. Green’s area of expertise is in the use of mass timber, and it designed the T3 mass timber office building in Minneapolis. One of Lord’s focuses is sustainable, urban projects.
In addition to its plans for growth through mergers and acquisitions, Katerra also said it would open six manufacturing plants by March 2019, including a Spokane, Washington, facility that will produce mass timber. The 250,000-square-foot plant is expected to generate 4.6 million cubic feet of cross-laminated timber annually. The five other Katerra plants will manufacture standard wood panels and trusses.
From Construction Dive: https://www.constructiondive.com/news/katerras-new-company-with-indian-manufacturer-kef-already-has-37-billion/526840/
by Web Editor | Feb 2, 2018 | News
Katerra, a technology company redefining the construction industry, recently announced an $865 million Series D funding round led by the SoftBank Vision Fund. The financing will be used to fund Katerra’s continued manufacturing expansion and for further investment in its R&D efforts.
“The construction industry is ripe for digital disruption” said Michael Marks, chairman and co-founder of Katerra. “Katerra leverages its own software platform to remove time and costs from building development and construction. This new round of funding will enable us to further invest in R&D and continue to scale the business.”
Founded in 2015, Katerra has already accomplished the following in less than three years:
• Accumulated more than $1.3 billion in bookings for new construction, spanning the multi-family, student and senior housing, and hospitality sectors
• Amassed a global team of more than 1,300 people, attracting senior leadership and talent from groundbreaking technology brands such as Apple, Google, HP, Nokia, Sandisk, and Flextronics
• Opened a fully operational manufacturing facility in Phoenix, AZ with a roadmap in place for multiple additional domestic factories, including breaking ground on a mass timber factory in Spokane, WA.
“The $12 trillion construction industry is extremely fragmented with tens of thousands of companies using minimal levels of technology. While labor-productivity growth has skyrocketed in the overall global economy, the construction industry has averaged only 1% annual productivity growth over the past two decades,” said Jeffrey Housenbold, managing partner for SoftBank Investment Advisers.
Read more on this from Forest Business Network at https://www.forestbusinessnetwork.com/79294/katerra-raises-865m-as-it-redefines-the-construction-industry/.
