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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Oregon Timber Agreement Said To Be Historic
An historic agreement between the timber industry and environmental advocates that the Oregon state legislature recently passed into law forms a comprehensive set of changes to the Oregon Forest Practices Act, and is the result of months of negotiations facilitated by Gov. Kate Brown in which…
Westervelt Picks BID For Planer Mill
BID Group has received a new turnkey order from Westervelt Lumber to modernize the existing planer mill in Moundville, Ala. BID will manage, design, build, equip, install, and provide full start-up services for the project. The new operation will incorporate the full spectrum of BID’s best-in-class…
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