Sunday, 4 April 2021, 5:04 pm The opening of a new wood processing plant in Rotorua in a few weeks will help alleviate New Zealand’s timber shortage, say Red Stag group CEO, Marty Verry. The plant, says Verry, will add five percent to the capacity of the New Zealand wood processing sector. That equates to around two thousand dwelling units, or most of the estimated shortfall in current timber supply. The factory will produce cross laminated timber, or CLT as it is commonly referred to. CLT is a new ‘mass timber’ construction product being adopted rapidly worldwide. It is made by gluing successive layers of timber laid crossways over the