Sterling Lumber Co., a maker of wood mats, pallets, skids, and lagging lumber, will build a new plant in Lufkin, Texas - where it will build its TerraLam cross-laminated timber (CLT) mats.

Sterling Lumber Company Inc. received an investment from Oaktree Capital Management, L.P., a global alternative investment management firm based in Los Angeles. Sterling makes heavy duty wood mats that heavy equipment drive on in muddy construction sites.

Watch as Sterling Lumber Company drops CLT (cross laminated timber) mats for temporary access at construction sites for tractor trailers and earth moving machinery. CLT is twice as strong, five times stiffer and lightweight compared to conventional mats.