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
U.S. Housing Starts Were Soft In January
U.S. housing starts began the new year ticking downward 4.5% in January from December to a seasonally adjusted rate of 1.309 million starts. Single-family starts came in at a rate of 841,000 in January, down 4.3%, while multi-family (five units or more) were at 457,000, down 5.4% from December…
Lumber Among Three Big Input Reductions
Softwood lumber is one of the three largest construction input cost reductions year-over-year from December 2021 to December 2022, according to a recent ConstructionDive market report. Citing Producer Price Index data from December 2022, the report noted that overall…
Biofuels Project Sinks
The Red Rock Biofuels project in southern Oregon appears headed for foreclosure according to notices published in the Lake County Examiner newspaper in late December after the company failed to make principal and interest payments on some $300 million in debt. The notice set a February 4 payment…
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.