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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GP Taylorsville Provides Tornado Relief
GP Taylorsville Provides Tornado Relief Through their partnership with Convoy of Hope, a non-profit organization dedicated to providing disaster relief, Georgia-Pacific Taylorsville lumber and plywood mill employees handed out a variety of relief items to people who...
Sumitomo Forestry America Acquires Teal Jones Louisiana Mill
Sumitomo Forestry America Acquires Teal Jones Louisiana Mill In early April, Sumitomo Forestry Co., Ltd. announced that its Board of Directors has agreed to acquire 100% of the shares of Teal Jones Louisiana Holdings, LLC (TJLH) through its wholly owned subsidiary...
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