Katerra announces new Cross-Laminated Timber plant in Spokane Valley, WA
Katerra, a leading edge construction technology company, has announced a new venture in Spokane Valley, Washington. The company purchased a large site where they will build a 250,000 sf manufacturing facility for production of mass timber products, including cross-laminated timber (CLT) and Glulam. Mass timber is the future of high performance materials that are considered the three “Es”: efficient, economical and environmentally friendly.
The company will hire more than 200 employees, including staff in research and development, engineering, planning and production. The plant is located adjacent to class one rail lines and within minutes of Interstate 90, which will enable products to get to market very quickly.
Greater Spokane Incorporated, Spokane County’s economic development organization, along with public and private partners, toured multiple site options, and assisted Katerra with review of more than 50 local, state and federal incentives. Funds were secured from Governor Jay Inslee’s office and the Washington State Department of Commerce to help with the project. Additionally, GSI staff assisted Katerra in networking with key industry contacts throughout the region.
The project will have a substantial economic impact on Spokane County:
· 150 construction-related jobs
· 250,000 sf advanced manufacturing facility
· 200+ regular fulltime positions, with benefits
· Annual economic impact is calculated at more than $50 million
You can read Katerra’s full press release announcing the new manufacturing facility on their website.