CLT plant: Additional coverage
Wednesday 14 Mar 2018
Group chief executive Marty Verry said it was a proud moment for Red Stag and Rotorua, and anchored the region as the wood processing capital of New Zealand.
"Cross laminated Timber (CLT) is a product on a rapid growth curve globally," Verry said.
"It is one of the 'massive timber' group of products, along with others such as glulam, that is opening up the mid- and high-rise building market to wood.
"In New Zealand there is strong demand, and praise needs to be given to XLam in Nelson for the leadership it has shown in developing the CLT market alone to date. We see the need now for a scale North Island producer so that between us we take the product mainstream."
Verry said the company's vision was that wood would be the norm in mid-rise buildings by 2030.
"I can see the KiwiBuild target being achievable in the early 2020s as a result."
Verry said the building would be open to the public and educational viewing - "a bit of a tourist attraction. Being across the road from the new mountain biking hub we can tie in the promotion for this style of construction."
"There's going to be a lot of future investment in forestry in Rotorua."
The CLT will be produced by the group's Red Stag Wood Solutions division run by managing director Jason Cordes.
Source: NZ Herald
See below for further news coverage of this announcement.
Red Stag Wood Solutions will build the plant at its 95 hectare wood processing site and said it saw the investment as a logical next step in the trend towards faster construction and tall timber buildings.
Source: Stuff News
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