Mercer Mass Timber Successfully Acquires Structurlam, Expanding Operations and Strengthening Market Presence
Friday, June 16, 2023 2:15 pm
SPOKANE VALLEY, Wash. (News release) --Mercer Mass Timber, a low-carbon advanced manufacturer of timber building materials and a subsidiary of Mercer International Inc., today announces that the acquisition of Structurlam Mass Timber Corporation and its subsidiaries ("Structurlam") by parent company Mercer International, has been completed. Mercer Mass Timber will immediately take possession and continue the operation of Structurlam's manufacturing facilities, which will now operate under the 'Mercer Mass Timber' brand, including a production facility located in Conway, Arkansas and in Penticton, British Columbia, Canada. The sale of Structurlam to Mercer International closed on June 15, 2023. The acquisition will materially increase the existing mass timber production capacity at Mercer Mass Timber and cement our position as a leading producer of mass timber products. Mercer Mass Timber now holds all of Structurlam's brand assets, product and project portfolios, and intellectual property. Both the Conway and Penticton facilities will remain open and operational. "We are thrilled to welcome Structurlam into the Mercer Mass Timber fold," said Brian Merwin, Senior Vice President of Mercer Mass Timber. "This acquisition will allow us to offer our customers a wider range of mass timber products, and to better support their projects with the addition of more cross laminated timber (CLT) capacity and glulam production capabilities. Our goal is to become a one-stop shop for all mass timber needs. The additional manufacturing facilities that the Structurlam acquisition brings will enable us to create greater efficiencies." The addition of Structurlam will provide Mercer Mass Timber with a number of strategic benefits, including:
For more information and updates about Mercer Mass Timber, please visit mercermasstimber.com or follow along on LinkedIn. About Mercer Mass Timber MMT is backed by Mercer International, one of the world's largest market pulp producers. About Mercer International To obtain further information on the company, please visit its web site at mercerint.com.
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