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
USNR Gains Foraction Chile Order
USNR has announced the order of a complete sawmilling system to the Chilean company Foraction Chile. This highly advanced production line is designed to process radiata pine and will be installed at a greenfield site in the Los Rios region, about 800 km south of Santiago…
KDS Windsor, The New York Blower Co. Open New Manufacturing Plant
KDS Windsor, Lumber Drying Technologies, (KDS) and The New York Blower Co. (NYB) have recently announced they are expanding manufacturing operations in Philadelphia, Miss. This joint venture is one of many investments in growth the past few years…
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