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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Texas’ PalletOne Acquisition Expands Lead As Top U.S. Manufacturer
PalletOne, Inc., America's largest new pallet manufacturer, acquired North East Texas Pallet, a pallet manufacturer located in Clarksville, Texas. "I am happy to join the PalletOne team. The Company's national presence provides many growth opportunities for the...
Oregon Lumber Industry Returns To Work After Fire Closures
After recent rains, many lumber workers have been able to return to work this week as fire levels in many areas are back down to a level safe for industrial work. The State of Oregon has Industrial Fire Precaution Levels, which dictate the amount of work a lumber...
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