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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Steve Swanson Is Timber Processing’s 2026 Person of Year
Steve Swanson Is Timber Processing's 2026 Person of the YearLongtime Northwest forest products executive Steve Swanson, CEO of Swanson Group based in Roseburg, Ore., was named Timber Processing magazine’s 2026 Person of the Year in its February 2026 issue. Swanson is...
Webster Industries Purchases Renold
Webster Industries Purchases RenoldMPE Partners along with its portfolio company, Webster Industries, announced the closing of its acquisition of Renold plc, a leading designer, engineer, manufacturer, and supplier of premium, high specification industrial chain and...
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