New Forests’ Timberlink manufactures its first GLT beam

About

Timberlink is a leading Australasian timber products manufacturing business managed by New Forests as part of the original Australia New Zealand Forest Fund. The business has two sawmills at Bell Bay (Tasmania) and Tarpeena (South Australia) that manufacture plantation structural pine products.

Timberlink’s NeXTimber facility in Tarpeena is Australia’s only combined radiata pine Cross Laminated Timber (CLT) and Glue Laminated Timber (GLT) facility, increasing Australia’s sovereign capability to manufacture these products while reducing reliance on imports.

CLT is made from pieces of timber that are finger jointed and glued at a 90-degree angle to the layer below, giving the product strength in both directions. CLT Products can be a suitable building product for applications such as walls, floors, stairs and roof structures.

GLT is made from pieces of laminated structural timber that are layered and glued ontop each other with the grain running in the same direction making it well suited for use as beams or columns.

Key Initiative

Mass timber products such as GLT and CLT offer an exciting alternative to traditional construction materials, with the potential to assist to decarbonise construction in Australia by storing carbon for the life of the timber.

In August 2023, the NeXTimber facility produced their very first GLT beam on its newly commissioned line. Since then, Timberlink has also pressed their first piece of CLT which can be produced in panels up to 16 metres long x 3.5 metres wide. This will unlock significant capability to manufacture mass timber building products in Australia.

“This is a very meaningful day for Timberlink,” said Ian Tyson.

From our first sod turn in February 2022 to producing our first GLT beam in August 2023, to full production for October this year.

Impact

Aligning the Timberlink business with forest resources enables the company to have a long-term committed approach to its business and customers.

Delivering on Sustainable Development Goals

New Forests Advisory Pty Limited (ACN 114 545 274) is registered with the Australian Securities and Investments Commission and is the holder of AFSL No 301556 which authorises it and its authorised representatives New Forests Asset Management Pty Limited (ACN 114 545 283), (AFS Representative Number 376306), and New Agriculture Pty Limited (ACN 658 097 020) (AFS Representative Number 001298119) to provide general advice to wholesale clients into investments managed by New Forests. New Forests Inc is registered as an investment adviser under the Investment Advisers Act of 1940, as amended (the “Advisers Act”). Registration with the SEC does not imply any specific or certain level of skill or training. New Forests Asia (Singapore) Pte Ltd holds a Capital Markets Services Licence (CMS 100950) as an Accredited/Institutional Licenced Fund Management Company (A/I LFMC), issued by the Monetary Authority of Singapore.

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