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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Schooler Cuts Down The Net
Timber Processing magazine presented its 34th Annual Person of the Year award to Eric Schooler, CEO of Collins, as he prepared to embark on his new career of “retirement.” The presentation ceremony and reception, which was hosted by Hatton-Brown Publishers, Inc. and sponsored by Real…
Pallet Block Facility Planned
BID Group has announced a partnership with ArbaBlox Inc. to build a state-of-the-art turnkey composite pallet block plant in Winona, Miss. BID will manage, design, build, install and provide startup services for the $53 million project, the largest of its kind in the country…
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