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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JoeScan To Debut New Scan Heads
The sawmill scanning experts at JoeScan will soon bring the proven simplicity of their JS-50 scan head to more parts of the sawmill. “Mills love how our latest JS-50 WX model performs on their edgers and trimmers,” says JoeScan president Joey Nelson. “It’s a robust, reliable platform that is very easy to use. So we’ve been working hard to develop next-gen scanners for more machine centers…
UFP Industries Acquires 50% Stake In Dempsey Wood Products
UFP Industries has announced that its affiliate, PalletOne, Inc., has acquired a 50% equity stake in South Carolina sawmill company, Dempsey Wood Products, LLC. The purchase agreement includes options for PalletOne to purchase…
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