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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Roseburg Forest Products Names New President
Roseburg Forest Products Names New PresidentAllyn Ford, CEO and president of Oregon-based Roseburg Forest Products, announced that the Ford Family and the Roseburg Board of Directors have chosen Grady Mulbery to assume the role of Roseburg President effective January...
Weyerhaeuser Buys Plum Creek, May Sell Pulp Mills
Weyerhaeuser Buys Plum Creek, May Sell Pulp MillsWeyerhaeuser Co. and Plum Creek announced a merger that will leave nearly two-thirds majority ownership in Weyerhaeuser shareholder hands. The combined company creates a $23 billion timber REIT (Real Estate Investment...
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