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.
Latest News
Canfor Announces Capital Investments In B.C. Sawmill
Canfor Corporation announced today that, subject to ratification of the tentative labor agreement between the Company and the United Steelworkers, the Company will proceed with capital investments totaling approximately $36 million to improve efficiency and recovery...
Pennsylvania’s Musselman Lumber, Inc. Joins U.S. LBM Holdings
Pennsylvania’s Musselman Lumber, Inc. Joins U.S. LBM HoldingsU.S. LBM Holdings, LLC is pleased to announce the acquisition of Musselman Lumber, Inc. of New Holland, Pennsylvania from partners, Galen Eby, Joe Good and Bob Quinlivan. Founded in 1911, Musselman's is a...
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.