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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Tennessee Sawmill To Expand, Creating 100 News Jobs
Escue Wood Treated Products, a manufacturer of pressure-treated wood, will invest $3.3 million in a new manufacturing facility in Tennessee - creating 100 jobs. The new facility will produce 60 million board feet of treated pine lumber annually. “We appreciate the...
Metsa Wood Calls For Collaboration In Timber Innovation
Modular construction, using timber as a key element, is a credible solution to fast and sustainable house building. However, Metsä Wood believes that more needs to be done in terms of sharing knowledge and innovation in wood construction to further advance the use of...
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