Katerra’s CLT Plant Sold as Mercer Enters Mass Wood Market

Spokane, WA—Factory-made home builder Katerra has sold its state-of-the-art CLT plant in Spokane to Canadian wood products firm Mercer International Inc. (Nasdaq: MERC). Katerra, which produces homes and related components in highly automated factories, received permission from its bankruptcy court in Texas to sell the plant. Katerra entered voluntary Chapter 11 bankruptcy as debtor-in-possession in […]