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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Rayonier Announces Wood Products Leadership Transition
Rayonier Announces Wood Products Leadership Transition Rayonier Inc. has announced that Ashlee Townsend Cribb has resigned as Executive Vice President, Wood Products to accept a CEO opportunity with a privately-owned, specialty wood products manufacturer that...
North Alabama Sawmill Announces Closure
North Alabama Sawmill Announces Closure In north Alabama, Southern Parallel Forest Products Corp. announced plans to shut down its Albertville location, affecting approximately 62 employees. The closure is expected to take effect in April 2026. The company submitted...
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