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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West Fraser Investment In Pine Beetle Zone Faces Uncertain Future
The warning bell has been sounding for several years that the opportunity to extract economic value from pine beetle-killed trees would come to an end. West Fraser has focused on salvaging dead pine trees for almost 15 years and we remain committed to salvaging pine...
Fluor-B&W Grant To Help Reopen Ohio Lumber Mill
A grant of $44,000 from Fluor-B&W Portsmouth will help reopen the former Sherwood Forest lumber mill near Waverly, which will provide jobs for 18 to 25 people when it becomes operational. The mill, which will operate under the name of Ohio Valley International,...
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