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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Nova Scotia Sawmills Face Logjam
Southwestern Nova Scotia sawmills are running out of logs and need truckloads of timber from the former Bowater timberlands. And the clock is ticking with winter snows followed by spring weight restrictions likely to close roads to heavy logging trucks. “We have to...
Canfor Southern Pine To Expand South Carolina Lumber Facility
Canfor Southern Pine To Expand South Carolina Lumber FacilityDue to increased global demand for southern yellow pine lumber, Canfor Southern Pine is expanding its existing operations in Darlington County. The $8 million investment is expected to generate 50 new jobs...
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