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Structurlam Mass Timber reports $358,743 net loss for October
By Sarah Lizee
Olympia, Wash., Nov. 20 – Structurlam Mass Timber U.S., Inc. reported a $358,743 net loss for October on $413 of gross income/sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
The cash balance at the end of October was $315,381.
The debtor is a manufacturer of mass timber solutions and has headquarters in Penticton, B.C. The company filed Chapter 11 bankruptcy on April 21, 2023 under case number 23-10497.
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