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.
Latest News
Maibec Selling Its Two Sawmills To Groupe Lebel
Maibec has announced that it concluded a transaction with Groupe Lebel of Rivière-du-Loup for their acquisition of the Maibec lumber mills located in St. Pamphile, Que., and Masardis, Maine. The 315 employees of Maibec that are concerned by this transaction will...
Interfor To Invest In Georgia Sawmill
Interfor To Invest In Georgia SawmillInterfor Corporation is investing into its Thomaston sawmill in Upson County. The lumber manufacturer announced its Thomaston mill will be part of Phase II of the Southern Investment Strategy. In all, Intefor Corporation is taking...
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.