VANCOUVER, B.C. – A wholly owned subsidiary of Western Forest Products Inc. has entered into an agreement to acquire assets of Calvert Company Inc. located in Washington State for $12 million, including inventory valued at $2.5 million.

Calvert is one of the oldest glulam manufacturers in the U.S. and has more than 60 years of experience producing high-quality glulam beams in multiple species, including Douglas fir, southern yellow pine, and yellow cedar for industrial, commercial and residential projects around the world. 

Calvert has manufacturing facilities in Washougal and Vancouver, Wash., with a combined annual glulam capacity of approximately 35 mbf on a two-shift basis. Calvert’s operations employ approximately 60 employees and produced approximately 13 mbf of glulam in 2021 on a single-shift basis.

“We are excited to welcome Calvert’s employees to Western. This acquisition will help position Western to capitalize on the growing North American Mass Timber building market and is consistent with our strategy of moving up the product value chain value-added our portfolio of value added products,” said Don Demens, Western’s president and CEO.