XLam says talk of sell-off is way off the mark
Contrary to a recent media release XLam is not ‘up-forsale’ nor ‘selling-off’ any business units/ divisions and is not experiencing financial stress. Staff and customers have been assured that the organisation is performing toward its agreed plan and gaining momentum as an alternative building solutions provider in the construction sector. The XLam Board and Senior Management team felt it necessary to silence any rumours and that it remains committed to delivering innovative solutions that increase value in construction. “XLam are currently thriving from an operational standpoint as we continue to see robust project sales and build strong relationships with some of the most recognisable construction companies throughout Australia, New Zealand and Asia,” said Shane Robertson, XLam CEO. “Following a thorough evaluation of the XLam operations we feel we have the right staff, strategy and capabilities to accelerate performance into the next exciting phase of our journey. “Our business is in a start-up phase and remains exceptionally strong. “It is important that we recognise that businesses are about people and that making unfounded claims/accusations in the public forum can have a destabilising effect on a flourishing business,” said Mr Robertson. Gary Caulfield, XLam General Manager, was unequivocal when he said “XLam is not for sale, and we do not have financial issues or concerns”. Mr Caulfield said success as an alternative construction solutions company over the past five years was due to a number of factors, including a highlyskilled workforce, support from customers within local and international markets, and the foresight from the Board. “We have a five-year strategic plan focusing on making improvements to optimise our integrated business and support the continued supply of high-quality, locally produced prefabricated structural timber solutions,” said Mr Caulfield. “XLam is encouraged by the ongoing adoption of modern methods of construction throughout Australasia. Despite the varying levels of adoption, the signs are encouraging for our industry.” Mr Caulfield said. XLam remained committed to supporting those who recognise there is a better way to build, and it acknowledged the pioneering efforts of companies such as Strongbuild. “As an innovative industry leader, Strongbuild brought talent, experience and drive to the forefront of the construction process and we continue to hold Strongbuild in high esteem, taking much inspiration from their work,” said Mr Caulfield.
“Silencing rumours and providing confidence to staff, current and future customers and the wider market”