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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Mendocino Companies Expands In Utah
Mendocino Companies purchased the assets of Utah Wood Preserving (UWP) and portions of its affiliates. UWP’s manufacturing facility in Woods Cross, Utah, is a well-maintained preservative treating plant on a large, fully paved site with dry kilns and rail service…
Structurlam Looks To Reboot
The temporary closure of Structurlam Mass Timber’s Conway, Ark. cross-laminated timber (CLT) and glulam plant and the apparent severing of the plant’s relationship as a major supplier for Walmart’s new low carbon footprint and energy efficient corporate…
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