Structurlam Mass Timber Corporation, the Penticton, British Columbia, Canada-based company, announced that it is expanding its operations into the United States, with a new plant in Conway, Ark. Structurlam also revealed that Walmart has invested $90 million in the project for the purpose of purchasing, retrofitting and equipping a former steel plant. The facility is set to open in mid-2021 and create 130 jobs. Additionally, the plant will source softwood lumber from Arkansas-grown Southern Pine trees. Walmart has already planned to be the first customer of Structurlam’s Conway facility.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.