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Share this Story: Mercer International Inc. Signs Major Mass Timber Construction Project [Financial Post (Toronto, Ontario, Canada)]

Mercer International Inc. (MERC) 
Last mercer international inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: mercerint.com/investors
Company Research Source: Financial Post
Author of the article: NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) — Mercer International Inc. (Nasdaq: MERC) today reported that it has signed its first major mass timber project contract with a large consumer products retailer. The project, which is comprised of cross-laminated timber panels, glue-laminated beams and connector elements, is expected to utilize four months of capacity at Mercer's Spokane facility on a one-shift basis over the course of 2023. Juan Carlos Bueno, Mercer's President and CEO stated: “We are delighted to conclude our first major mass timber contract. Our customer has selected mass timber for its appearance, structural integrity, fire resistance, construction efficiency and carbon footprint that only mass timber construction can provide. We expect that this is the first of more major projects to come as Mercer's innovative product line and services become more recognized in the growing mass timber construction space.” Subscribe now to read the latest ne Show less Read more
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