Cross laminated timber adoption benefits infrastructure projects, offering durable and efficient construction solutions for bridges and transportation.
The Binderholz Group, headquartered in Fügen in Austria, has purchased all the assets of Klausner Lumber Two LLC, headquartered in Enfield, Halifax County, North Carolina, at a virtual auction held on December 10. In the auction, Binderholz prevailed over Mayr Melnhof Holz and was awarded the contract at US$83.4m. The transaction is expected to close in January 2021.
In August 2020, Binderholz expanded outside Europe for the first time with the purchase of Klausner Lumber One in Live Oak, Florida. This will now be followed by the second American sawmill in Enfield, North Carolina. The technical equipment and performance of the two sawmills are similar.