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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Canadian Firms May Build New Sawmills In U.S. South
From: Timber Processing Editors Two Canadian-based companies, both in recent years having purchased and now operating multiple sawmills in the U.S. South, are considering building greenfield sawmills in the South. Interfor reports it has completed a detailed...
Maine’s Robbins Lumber Named Champion Of Economic Development
Maine’s Robbins Lumber Named Champion Of Economic DevelopmentThe Maine Development Foundation honored Robbins Lumber Inc. as a "Champion of Economic Development" at the foundation's recent annual meeting in Bangor. In the spirit of the annual meeting theme — “Attract,...
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