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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Tolko Makes Tough Sawmill Decisions
Tolko Industries Ltd. announced the permanent closure of its Quest Wood sawmill in Quesnel, BC and a reduction from two shifts to one at its Kelowna, BC sawmill. “This is a difficult but necessary decision,” says Brad Thorlakson, President and CEO. “Quest Wood has...
Texas BMP Monitoring Shows Steady Improvement
A 28-year program to monitor logging Best Management Practices (BMPs) implementation on east Texas timber harvest sites shows overall 93.8% BMP implementation in 2018 across all land ownerships. That’s a solid improvement in the last 20 years—the implementation rate...
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