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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Oregon’s Hull-Oakes Lumber Company Embraces Niche
Oregon’s Hull-Oakes Lumber Company Embraces NicheWith one foot in the past and one in the future, Hull-Oakes Lumber Co. took a big step last year. A timber-milling outfit famous for having one of the last steam-powered sawmills in the United States, Hull-Oakes...
Canfor Corp. To Sell Quebec Sawmill For $25 Million
Canfor Corp. says it has an agreement to sell the Daaquam sawmill in Saint-Just-de-Bretenières, Que., in a deal worth $25 million. The deal with Groupe Lebel Inc. and others is expected to close by the end of March, Canfor said in a release on Friday. The Daaquam mill...
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