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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New Chinese Log Requirements
On December 20, 2021, the General Administration of Customs of the People’s Republic of China (GACC) released Decree 110. The Decree, entitled Quarantine Requirements on Pine Wood Imported from Countries with Occurrence of Pine Wood Nematodes is believed to generate more cost and probably new challenges to the U.S. export of logs and lumber to China…
Weinig Gains CLT Project
The Weinig Group reports it has received an order as a complete supplier for a CLT project at HolzBauWerk Schwarzwald GmbH, including all automation components, planers, crosscut saws, fingerjointing lines, edge-gluing machines for longitudinal and cross-layers, plus the…
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