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.
Latest News
Nation’s Largest Mass Timber Building Under Construction In Oregon
As a crane lowered a glulam beam and construction workers on either end deftly guided it into connection with two upright wooden columns, a tour group member shook his head and said, “It’s like Lincoln Logs.” Kind of. Which may in part explain some of the attraction...
Texas Lumber Firm Conner Industries Receives $10 Million Capital Infusion
Conner Industries, Inc., a national lumber products and wooden crate manufacturer, says it has received from existing investors additional growth capital which, when added to an investment made in April 2017, totals $10 million. The capital infusion will be used to...
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.