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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Saskatchewan’s Carrier Forest Products Sawmill To Close
Saskatchewan’s Carrier Forest Products Sawmill To CloseA Saskatchewan sawmill is shutting down and its remaining 12 workers have been given layoff notices. Operations at Carrier Forest Products in the Prince Albert area are to cease entirely later this month. Shane...
Canfor Making $8 Million Capital Investment In B.C Sawmill
Canfor will be adding another power-generating turbine to its biomass-fired energy system as part of $8 million in capital upgrades to its Fort St. John sawmill announced Tuesday. Canfor Corporation President and CEO Don Kayne says the investment will improve...
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