Lignor is seeking partners to join the capital investment funding of LLC in North America, its first CLST® production plant, established by Lignor as owner-operator. Lignor LLC will purchase laminae from existing and/or future manufacturers. Lignor LLC is also seeking potential off takers of the CLST® products produced in this plant . Jim Lake will be the CEO of Lignor LLC and is very well connected to recruit his team and negotiate the necessary supply and off-take agreements.
We expect to replicate this model in other markets in the future as there is not enough structural timber to supply the burgeoning CLT market. This is independently forecast to grow at a CGAR of around 22% through to 2028.