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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Northwest Hardwoods Plans Move Of Head Office To Texas
Major hardwood lumber producer Northwest Hardwoods is relocating its head office from Tacoma, Wash. to Frisco, Tex. CEO Nathan Jeppson states, “This is an important move for our company as we position for long-term growth, and…
Chemicals Business Rebrands As Arxada
LSI, a global specialty chemicals business with leading positions in Microbial Control Solutions (MCS) and Specialty Products Solutions (SPS) has rebranded as Arxada. The new name follows the company’s launch as an independent business in July after the completion of the sale of Lonza Specialty Ingredients from…
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