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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Washington’s Simpson Lumber Company Explores Possible Sale
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Privately owned Simpson Lumber Co. with mills in Tacoma, Longview and Shelton and the Southeast, is on the sale block. The Tacoma-based company has hired a financial adviser to explore the…
New Arizona Sawmill Brings Jobs, Helps Thin Forests
A new Arizona sawmill opened Monday west of Flagstaff after two years of planning. Newpac Fibre, LLC opened its sawmill in Williams at the location of a former sawmill site that closed in 1995. The…
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