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.
Latest News
NHLA Receives Forest Service Grant
National Hardwood Lumber Assn. (NHLA) has been awarded a $500,000 matching grant from the USDA Forest Service (FS) Wood Innovations Program to support and expand markets for the U.S. hardwood industry. “We appreciate the USDA Forest Service supporting the hardwood forest industry’s important role in ensuring a sustainable future, healthy forests, and…
Sun Mountain Lumber To Buy R-Y Timber
According to multiple local news outlets, Sun Mountain Lumber has signed a purchase agreement with R-Y Timber. The two lumber mills are 146 miles from each other. Terms of the deal have not been disclosed. Sun Mountain Lumber is owned by Sherm Anderson. While his grandson, Christopher Anderson, is the controller of the company…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.