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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Union Pacific Signs Contract For Domestic Rails
Union Pacific Signs Contract For Domestic Rails Union Pacific Railroad and Rocky Mountain Steel Mills have reached a new, seven-year contract for the domestic production of steel rails, underscoring Union Pacific’s clear commitment to buying the majority of its rail...
Fulghum Completes First 155-Ft., 45-Ton Crane Installation
Fulghum Completes First 155-Ft., 45-Ton Crane Installation Fulghum Industries has completed installation and certification of a 155-ft., 45-ton log crane at Burt Lumber in Washington, Ga., marking the first crane of that size built by the company. Certified on April...
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