PORTLAND, Ore. —Timberlab Holdings Inc., owner of Timberlab Inc., a national provider of mass timber systems, and Diversified Wood Resources, LLC, doing business as American Laminators, an Oregon-based glue-laminated timber (glulam) manufacturer, have entered into an agreement for Timberlab to acquire the assets of American Laminators and will continue operating their two Oregon-based facilities in Drain and Swisshome beginning June 10, 2024.

Owens Corning has completed its acquisition of Masonite International Corporation for $133 per share, with a transaction value of approximately $3.9 billion.