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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Canfor Sells Sawmill, Piece Of Forest Tenure
Canfor Corp. is selling its Mackenzie, BC sawmill and site to Peak Renewables. Canfor also announced it is selling its forest trnure in the Mackenzie region to McLeod Lake Indian Band and Tsay Keh Dene Nation. “We are very pleased that the sale of the Mackenzie tenure will provide an opportunity for the…
Brunette Brings Portable Sawmills Into Mix
Brunette Machinery Co. Inc. announced the acquisition of D&L Timber Technologies Ltd. D&L develops, manufactures and distributes portable sawmills and wood processing equipment. D&L handcrafted SwingBlade sawmills are renowned for their quality, versatility and low maintenance requirements…
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