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Mercer gets bankruptcy court OK to buy Structurlam Mass Timber assets for $81M

May 30, 2023 5:57 PM ETMercer International Inc. (MERC) StockBy: Carl Surran, SA News Editor6 Comments
Packed boards, lumber piles in the finished goods warehouse

Zhanna Kavaliova/iStock via Getty Images

Mercer International (NASDAQ:MERC) -3% post-market Tuesday after saying it received bankruptcy court approval for the acquisition of assets of Structurlam Mass Timber Corp., including production facilities in Arkansas and British Columbia, for $81.1M.

The Conway, Ark., plant has an annual capacity of ~75K cm and

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