Structurlam Mass Timber reports $1.62 million net loss for July

By Sarah Lizee

Olympia, Wash., Aug. 25 – Structurlam Mass Timber U.S., Inc. reported a $1.62 million net loss for July on zero gross income/sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

The cash balance at the end of July was $1.79 million.

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 under case number 23-10497.

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