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Companies in the timber industry / Daily News / Wood construction / Wood Products / Global / North America
February 16, 2018

LignaTerra announced $30 million investment in cross-laminated timber plant in Maine

LignaTerra announced $30 million investment in cross-laminated timber plant in Maine
LignaTerra will build a $30 million Cross-laminated timber (CLT) and other mass timber products plant in Millinocket (ME, United States).     The company will open its new facility at the mill site owned by Our Katahdin, Inc. The move is slated to bring over 100 direct jobs. Company plans to start production within 12 months and the plant will generate 10 million board feet of the timber the first year, 2019, and 50 million feet by the fifth.    “We made the decision to come to Maine for several reasons,” said Nick Holgorsen ...

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