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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Northwest Hardwoods To Temporarily Curtail Washington Mill Production
A major lumber mill in Centralia, Northwest Hardwoods, has announced plans to temporarily curtail its production, possibly to half its operating capacity, due to the ongoing West Coast port slowdown. Northwest Hardwoods will begin reducing…
Maine’s Pleasant River Lumber Buys Moose River Lumber
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Pleasant 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…
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