Boise Cascade Company, a leading producer of engineered wood products and plywood in North America, announced today that it has reached an agreement to acquire Coastal Plywood Company, including its two manufacturing facilities, from Coastal Forest Resources Company for $512 million.
News in engineered wood products mass timber
binderholz Group GmbH Solid Wood Plant II Preparing to Start Production in Late 2022
binderholz Group GmbH, a leading European company offering solid wood products and innovative building solutions, announced in August 2021 that it had commenced construction on binderholz solid wood panel plant II, which is set to be located in St. Georgen bei Salzburg, Austria.
Australia Considering the Construction of Two of the World’s Tallest Timber Towers
The world’s tallest timber tower has been pitched for Perth, tipping out tech giant Atlassian’s approved Sydney timber hybrid tower. Grange Development recently filed plans for a $350-million, 50-story timber-hybrid residential tower of 245 apartments. At almost 183 meters, the development would be the tallest timber building in the world.
Stora Enso and Modvion Partnering on Wood Wind Turbine Towers
Stora Enso Oyi and wood technology company Modvion AB are partnering together to make wood the material of choice for wood turbine towers. Modvion builds wind turbine towers with laminated veneer lumber (LVL). Stora Enso is a leading supplier of mass timber products, including LVL.
Mercer Mass Timber Announces Investment in its Spokane Valley Manufacturing Facility
Mercer Mass Timber LLC., a subsidiary of the Vancouver, British Columbia-based Mercer International Inc., a global producer of market pulp and solid wood products with mills in Canada, Germany, and Australia, announced on Wednesday that it plans to invest $50 million (USD) over the next two years in capital projects at its Spokane Valley mass timber manufacturing facility.
Largest Ever Mass Timber Building Fire Test to Be Conducted This June by Researchers in Ottawa, Canada
In a project to support market acceptance of tall and large mass timber buildings in Canada, the Canadian Wood Council (CWC) has partnered with both federal and provincial governments to conduct a series of five separate fire research burns on a full-scale mass timber structure in Ottawa. The largest burn is scheduled for some time in June.
EIT Climate-KIC and Built by Nature Look to Accelerate Timber Building in Europe with Milan, Italy Project
Built by Nature has announced a EUR 250,000 Accelerator Fund grant to support research into perception barriers to mass timber adoption in Italy. The initiative, coordinated by EIT Climate-KIC, will establish a physical and digital prototype building to drive understanding and adoption of mass timber,
Stora Enso Strengthens Its Position in France With Purchase of 35% Stake in ACDF Indstrie SAS
Stora Enso has announced that it has invested in the French wood process company ACDF Indstrie SAS. Stora Enso has taken a 35% stake in the company. According to the company website, the investment is aligned with Stora Enso’s growth strategy for mass timber building elements, enabling value-added, bespoke cross-laminated timber (CLT) solutions to its long-term French partners.
City of South Perth, Australia Set to Become Home of World’s First Hybrid Timber Tower
The City of South Perth, Australia’s skyline is about to become home to one of the world’s most unique tower buildings. Grange Development submitted plans on Thursday (4-21-22) to the City of South Perth for what is set to be the world’s tallest $350 million (A$) hybrid timber tower and Australia’s first carbon negative building.
Norway’s Third-Tallest Skyscraper Is 18-Stories Tall and Built With 100% Locally Harvested Pine Timber
Norway’s third tallest skyscraper is unique. The building was built using local pine, which was harvested straight from its own backyard and is at the center of lumber-based architecture. The Mjøstårnet was built with 100% diverse types of engineered wood. Everything, including the elevator shaft, features complete wooden construction.