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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Softwood Log And Lumber Imports To China Have More Than Tripled In Ten YearsWith limited domestic forest resources, China continues to be a major importer of forest products in order to meet its growing domestic demand for logs, lumber, chips, pulp and paper. In 2017,...
Maine Sawmill On Track For Expansion With New Equipment
Maine Sawmill On Track For Expansion With New EquipmentThe Maibec lumber mill is expecting to increase its capacity thanks to new equipment being supported with loan backing from the Finance Authority of Maine. The FAME board on May 17, 2018 approved a 90 percent loan...
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