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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Canada Won’t Back Down, Vows To Resist U.S. Softwood Duties
Canada is in the appeals stage of its softwood lumber dispute after the U.S. Department of Commerce imposed final duties earlier this month. “The Government of Canada will continue to vigorously defend our industry and its workers against protectionist trade...
Simonds International, Burton Saw Merge To Form Wood Fiber Holdings
Simonds International, Burton Saw Merge To Form Wood Fiber HoldingsThe 186-year-old Fitchburg, Massachusetts-based Simonds International and 115-year-old Eugene, Oregon-based Burton Saw merged into Wood Fiber Holdings, in a transaction that the companies report will...
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