Companies in the timber industry / Daily News / Global Trends / Wood construction / Wood Products / Global / North America
July 21, 2022
Western Forest Products to acquire glulam manufacturer
Western Forest Products Inc. announced 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, subject to customary post-closing inventory adjustments. With more than 60 years of experience in producing high quality glulam beams in multiple species for use in industrial, commercial, and residential projects around the world, Calvert is one of the oldest glulam manufacturers in the U.S. Calvert has manufacturing facilities located in Washougal ...
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