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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Vaagen Bros. Lumber Installs Gilbert Planer
Vaagen Bros. Lumber Installs Gilbert Planer Vaagen Bros. Lumber in Colville, Wash. installed a Gilbert high-speed planer featuring the Gilbert Roll Intelligent Positioning (GRIP) system, feed decks, feed table and slowdown belts. The mill will be running lumber up to...
TimberHP Expects Long-Term Success
TimberHP Expects Long-Term Success TimberHP, a Maine-based manufacturer of wood fiber insulation, announced that it has filed a voluntary, pre-negotiated Chapter 11 plan of reorganization in the U.S. Bankruptcy Court for the District of Delaware. The plan, according...
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