{"id":87285,"date":"2024-02-15T08:50:51","date_gmt":"2024-02-15T08:50:51","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/hasslacher-group-expands-in-the-north-american-market\/"},"modified":"2025-09-19T09:01:32","modified_gmt":"2025-09-19T09:01:32","slug":"hasslacher-group-expands-in-the-north-american-market","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/hasslacher-group-expands-in-the-north-american-market\/","title":{"rendered":"Hasslacher Group expands in the North American market"},"content":{"rendered":"

<\/span>Austrian Hasslacher Group announced that it will acquire a significant stake in Element5, a producer of cross-laminated timber and structural solutions catering to the North American market.<\/p>\n

Headquartered in St. Thomas, Ontario, Element5 specializes in the design, manufacturing, and assembly of contemporary engineered timber buildings. Recognized as an innovation driver in wood processing, the Hasslacher Group views this investment as a crucial stride to fortify and expand its presence in the North American market.<\/p>\n

As per the official press release, the Hasslacher Group will be the first European company to invest in the development and expansion of mass timber production capacity in the North American market. In addition to the existing CLT line in St. Thomas, Ontario, the Hasslacher Group's investment will fund the start-up of a new state-of-the-art glulam line, allowing Element5 to produce a full range of machined glulam beams, columns, and assemblies.<\/p>\n

With the cooperation and expertise of the Hasslacher Group, this will create a high-performance production site in St. Thomas with a total mass timber production capacity of up to 100,000 m\u00b3 annually, which will go into full operation in the first half of 2025. Following the expansion, Element5 will employ over 200 people.<\/p>","protected":false},"excerpt":{"rendered":"

Austrian Hasslacher Group announced that it will acquire a significant stake in Element5, a producer of cross-laminated timber and structural solutions catering to the North American market. Headquartered in St. Thomas, Ontario, Element5 specializes in the design, manufacturing, and assembly … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":83706,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-87285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nHasslacher Group expands in the North American market - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/hasslacher-group-expands-in-the-north-american-market\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hasslacher Group expands in the North American market - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Austrian Hasslacher Group announced that it will acquire a significant stake in Element5, a producer of cross-laminated timber and structural solutions catering to the North American market. 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