Housing Starts Increase In April
Housing starts across the U.S. increased in April 2.2% to 1.4 million according the U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction report released May 17. Notably, this is 22.3% lower than April 2022’s 1.8 million. Single-family home construction increased 1.6% to its highest level so far in 2023. Starts of apartment buildings and other multifamily projects also rose: The April rate for units in buildings with five units or more was 542,000.
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Brunette Machinery Acquires Salem Machinery
Brunette Machinery Acquires Salem MachineryBrunette Machinery Co. Inc. announced its asset purchase of Salem Equipment Inc., a longtime leading U.S. manufacturer of sawmill machinery. According to Brunette Machinery, the acquisition strengthens the company’s North...
Hampton Lumber Breaks Ground On South Carolina Sawmill
Hampton Lumber Breaks Ground On South Carolina Sawmill In early November Hampton Lumber officials welcomed South Carolina Governor Henry McMaster and other dignitaries for a groundbreaking ceremony at Hampton’s new sawmill in Allendale County, SC. “We appreciate the...
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