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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Idaho Forest Group Acquires Tricon Timber Sawmill
Idaho Forest Group Acquires Tricon Timber SawmillOne of the nation’s largest lumber producers based in Coeur d’Alene is acquiring Tricon Timber’s stud mill in St. Regis. The Idaho Forest Group, a family owned wood products company, announced the acquisition. The...
Oregon Lumber Industry Concerned About New Emission Rules
Oregon’s Department of Environmental Quality has been working for the past year on a set of rules, known as Cleaner Air Oregon, aimed at regulating emissions produced by industrial facilities. The new regulations have been drafted and are being presented for community...
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