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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Maine’s Pleasant River Lumber Buys Moose River Lumber
Maine’s Pleasant River Lumber Buys Moose River LumberPleasant River Lumber, Dover-Foxcroft, Maine, is purchasing Moose River Lumber Co., Jackman, Me. Moose River Lumber produces more than 85MMBF annually of kiln-dried, dimension spruce lumber. The company is known for...
Ontario’s Kenora Forest Products Sawmill Prepares For 2015 Restart
The restart of a mothballed Kenora stud mill and a major expansion is hinging on the final approval of a Crown wood supply. The Manitoba parent company of Kenora Forest Products, Prendiville Industries, is prepared to invest millions to modernize the shuttered...
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