A milestone partnership has been announced between Cree Building Systems, an Austria-based company, and Walbridge, a Detroit-based global construction company. The two companies discovered their processes to be very like-minded as both are very methodical in their approach.
News in offsite construction
Scotland’s Woodlands and Forests to Play Key Role in Achieving Zero Carbon Emissions by 2045
As Scotland works towards achieving net zero carbon emissions by 2045, their woodlands and forestry sector will be playing a key role in their ability to achieve that goal. Scotland’s woodlands and forests have gown in land cover from 5% at the start of the 20th century to 19% today.
Katerra Receives an Additional $200 Million Investment from Softbank
The Wall Street Journal (WSJ) is reporting that Katerra, a modular prefabrication and timber innovations company was saved from bankruptcy on December 30th, 2020, by Japanese investment giant Softbank with an infusion of $ 200 million in cash.
Scottish Timber Initiative Receives Funding to Prove Business Case for Using Scottish Timber in Building Structures
A consortium of partners, comprising of Construction Scotland Innovation Centre (CSIC), Edinburgh Napier University (ENU) Centre for Offsite Construction and Innovative Structures (COCIS), Scottish Forestry, Confederation of Forest Industries (Confor), and SNRG – have secured funding from Innovate UK’s Sustainable Innovation Fund to prove the business case for using Scottish timber to create the structural elements of buildings.
Factory_OS Attracts Investments for Offsite Construction Facility from Technology and Investment Firms
Factory_OS receives $55 million from variety of technology and investment firms.
Stora Enso Receives Approval to Produce Cross Laminated Timbers for US Market
Stora Enso receives approval to sale CLT panels produced in it’s Austrian mill to the US.
Idaho Timber Industry Key Role Player in the State and Nation
Idaho’s timber industry continues to play a key role in the state’s economy.
Swedish Sawmilling Group Ramps Up Production to Meet Global Demand and Product Shortages
To meet growing global demand and product shortages, Swedish sawmilling group Setra, announced in their Q3 results publication, that they plan to fully ramp up production during the fall.
Building Code Changes Spark, a Revival in the Construction of Tall Wood Building
Updates and changes in the National Building Code in Canada, allowing for the construction of wood buildings up to 12-storey, is changing how architects, builders and developers thinks about building taller wooden structures.
New Zealand Offers Financial Support to Regional Four Bay of Plenty Timber Businesses
New Zealand’s Regional Economic Development Minster Shane Jones has announced that the Four Bay of Plenty timber businesses will be receiving investments totaling nearly $ 22 million through the Provincial Growth Fund.