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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Future Looks Much Brighter For Western Forest Products
All indications are that the future may be bright for Western Forest Products, which operates two sawmills in Nanaimo, and the province's forest industry after years of struggle. WFP, one of the largest forest companies in the province, reported in May that it had...
Alaska Sawmill Destroyed By Fire
One of the last major Alaska sawmill operations in Wrangell has been destroyed by fire. Mike Allen Enterprizes burned to the ground in Tuesday’s mid-afternoon fire at 13 Mile Zimovia Highway. The distance as well as unreliable phone service made firefighting a...
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