Mercer Mass Timber completes $81.1 million Structurlam acquisition
Structurlam Conway Arkansas plant

The former Structurlam facility in Conway, Ark.,  will now operate under the Mercer Mass Timber brand.

Photo By Mercer Mass Timber

SPOKANE VALLEY, Wash. — Mercer Mass Timber, a low-carbon advanced manufacturer of timber building materials and a subsidiary of Mercer International Inc., has completed the acquisition of Structurlam Mass Timber Corporation and its subsidiaries by parent company Mercer International.

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:

  • Increased Product Portfolio, Capacity, and Production Capabilities: This acquisition materially increases Mercer Mass Timber’s capacity for cross laminated timber (CLT). What’s more, it adds glulam production capabilities - 45,000 m3 of capacity to be precise. This will enable Mercer Mass Timber to support larger, more complex projects.
  • Bolsters Technical Mass Timber Expertise, Enhancing Client Services: The acquisition will bring together a wealth of industry leadership and experience. With our collective expertise, Mercer Mass Timber is better equipped to tackle multifaceted projects, offer innovative solutions, and navigate the dynamic landscape of the industry.
  • Expanded Geographic Reach: Project services will now include both the US and international markets, expanding access to more sustainable building materials which will support global net-zero initiatives in these markets and anywhere else there’s a need for mass timber.
  • Secures Larger Market Share: With an increased market share, Mercer Mass Timber will have greater influence in the standardization of product specifications for mass timber within the North American industry. Currently, materials like steel and concrete are standardized - Mercer Mass Timber’s goal is to create similar influence, to facilitate the larger adoption of mass timber, a more sustainable building material.

 As reported in Woodworking Network on June 1, the New York bankruptcy court ruled in favor of Mercer International’s request to acquire substantially all the assets of Structurlam Mass Timber Corp. and its subsidiary for $81.1 million.

The transaction, pending standard approvals, includes a production facility in Conway, and three production facilities in British Columbia. The proposed acquisition would increase Mercer’s cross-laminated timber (CLT) capacity to approximately 210,000 cubic meters and add 45,000 cubic meters of glued laminated timber (glulam) production capacity.

The Conway facility, built in 2021, has an annual capacity of approximately 75,000 cubic meters. The 280,000-square-foot plant can produce CLT and glulam.

The three operations in British Columbia have a combined annual capacity of approximately 40,000 cubic meters of CLT and glulam.

Structurlam has been a leader of the mass timber wood building boom, especially in British Columba. For the past decade, British Columbia government initiatives have supported the construction of mass timber buildings including the use of Structurlam products for building the 18-story Brock Commons at the University of British Columbia.

Structurlam filed the voluntary reorganization plan on April 21 in Delaware. Three days later the company announced plans to sell its assets to Mercer and file for Chapter 11 bankruptcy protection.
 

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Larry Adams | Editor

Larry Adams is a Chicago-based writer and editor who writes about how things get done. A former wire service and community newspaper reporter, Larry is an award-winning writer with more than three decades of experience. In addition to writing about woodworking, he has covered science, metrology, metalworking, industrial design, quality control, imaging, Swiss and micromanufacturing . He was previously a Tabbie Award winner for his coverage of nano-based coatings technology for the automotive industry. Larry volunteers for the historic preservation group, the Kalo Foundation/Ianelli Studios, and the science-based group, Chicago Council on Science and Technology (C2ST).