First Southeast U.S. CLT Plant Announced
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.
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Conway CLT Plant Is Back On Track
Mercer International Inc. and its subsidiary Mercer Mass Timber, a manufacturer of timber building materials, completed the acquisition of Structurlam Mass Timber Corp. and its subsidiaries in mid-June. Mercer Mass Timber immediately takes possession and…
Timberlab Opens Glulam Facility
Timberlab, a nationwide provider of mass timber systems, is opening its second glued laminated timber fabrication facility in Greenville, SC. Timberlab’s goal is to provide the Eastern U.S. with a more regional platform for a…
Housing Starts Come On Like Gangbusters
U.S. housing starts, both single-family and multi-family, came in hot in May at a combined seasonally adjusted rate of 1.631 million, a 21.7% increase above April. Single-family starts in May were at a rate of…
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