Western Forest Products Inc. announced on Tuesday that a wholly owned subsidiary of Western has entered into an agreement to acquire certain assets of Calvert Company, Inc. located in Washington State for the consideration of $12 million (USD), which includes $2.5 million in inventory.
News in offsite construction
Intelligent City Offers Three-Pronged Approach to Sustainable and Affordable Mass Timber Construction
Vancouver, BC-based Intelligent City has been on a quest for over the past ten years to automate the construction of sustainable buildings. Intelligent City offers sustainability and affordability through a three-pronged approach, offering a software platform that designs buildings, an automated manufacturing process, and the use of mass timber.
World’s Tallest Mass Timber Structure, Ascent Tower, Officially Opens in Milwaukee, Wisconsin
A historic milestone in the use of mass timber as a construction material was passed on Friday, when Korb + Associates Architects’ Ascent Tower officially opened in Milwaukee, Wisconsin. The Ascent Tower is 25 stories, a total of 86.6 meters, or 284 feet, tall.
Kelowna, BC, International Airport’s Terminal Expansion to Feature Mass Timber Construction
The British Columbia government announced today that the Kelowna International Airport will be expanding, with a terminal expansion and upgrades using mass timber. Officials say the use of prefabricated mass timber panels will reduce construction time and will result in less construction traffic to the site.
Nexii Building Solutions Aims for Leading Position in Prefabrication Construction
Founded by entrepreneur Stephen Sidwell in late 2018, Nexii Building Solutions, based in Vancouver B.C., is a technology company seeking […]
Canada Posts Record High Construction Job Opening During Q1 of 2022
According to Statistics Canada (StatsCan) Canadian employers in the construction sector were actively trying to fill 81,500 vacant positions in […]
Pacific Woodtech to Acquire LP Building Solutions’ Engineered Wood Products Business and SolidStart® Brand
LP Building Solutions (LP) today announced an agreement with Pacific Woodtech to acquire LP’s engineered wood products business for $210 million. The acquisition includes LP’s laminated veneer lumber and I-joist manufacturing facilities in three states/provinces, associated timber license assets, and the SolidStart® brand.
USDA Awards Grants to Virginia Tech and the Virginia Department of Forestry
Virginia Tech and the Virginia Department of Forestry are recipients of grants awarded under the Wood Innovation Grants Program (WIPG) from the US Department of Agriculture. WIPG looks at ways companies, organizations, and universities can stimulate and expand wood products and the wood energy markets.
New Vancouver Office Building Provides Examples of Rapid Timber Construction
oN5 is a new office building in downtown Vancouver, BC, constructed entirely of insulated, prefabricated cross-laminated timber (CLT). The new building includes instruments that monitor its performance, making it a living case study on the possibilities for urban infill projects with innovative mass timber.
Sanctions on Russia for Its Invasion of Ukraine Set to Negatively Impact Australia’s Construction Industry
With supplies of key laminated veneered lumber (LVL) and engineered wood products (EWPs) imported from Russia and Belarus, which accounted for 40-50% of these construction products, no longer available due to sanctions, Australia’s tight timber markets are now facing a severe shortfall of products.