Element5 Plans Second CLT Plant
Tembec founder Frank Dottori appears to be fronting the establishment of Ontario’s first cross-laminated timber (CLT) plant in St. Thomas, Ontario. The Ontario government announced a contribution of close to $5 million for the $32 million facility.
The plant will be operated by Element5, a Toronto and Montreal-based design, engineering and fabrication group specializing in mass timber construction. Last January, Dottori, owner of WRC Timber, stepped down from running the day-to-day operations at his sawmills in White River and Hornepayne to work with Element5 in pursuing a CLT plant for Ontario.
Latest News
Florida’s Rayonier Offers $807 Million In Friendly Offer For Tembec
Montreal-based lumber, paper and pulp producer Tembec has received an $807 million US offer to take over the company from Florida-based conglomerate Rayonier Advanced Materials. Jacksonville-based Rayonier is offering Tembec shareholders $4.05 Cdn per share,…
Analyst: Canfor Corp., West Fraser Timber Merger Speculation
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Recent activity at West Fraser Timber Co. Ltd. has revealed that British Columbian billionaire Jim Pattison owns a significant minority stake in the company, prompting speculations of a merger with rival…
Time To Invest
Article by Dan Shell Managing Editor Roughly a decade after the wheels came off the U.S. housing market and threw the economy into a tailspin that resulted in historic lows for lumber prices and a…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.