Architectural Products

Timberlab acquires American Laminators accelerating mass timber construction

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.
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Woodworking Industry News

ISM: Economic improvement to continue through 2024

Manufacturing is expected to expand in 2024 at a slower pace than projected in December 2023; revenue is to increase 2.1%; capital expenditures to increase 1%; capacity utilization at 82.8%; services are expected to expand in 2024 at a slightly slower pace than projected in December 2023; revenue to increase 2.9%; capital expenditures to increase 1.4%; capacity utilization at 88.6%.
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