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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New $100 Million Lumber Facility Set To Open In Texas
New $100 Million Lumber Facility Set To Open In TexasAngelina Forest Products, LLC announced plans to build a new softwood lumber production plant in Lufkin, Texas. The company purchased the former General Electric Buck Creek site and will begin construction of a $100...
Alabama CLT Plant Is Nearly Operational
Alabama CLT Plant Is Nearly OperationalThe first and biggest cross-laminated timber (CLT) manufacturing plant in the eastern U.S. is nearly fully operational, with 25 employees currently working a portion of the plant. Florida-based International Beams (IB), a...
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