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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Huge South Carolina Lumber Mill Could Start Up This Year
Huge South Carolina Lumber Mill Could Start Up This YearKlausner Holding USA’s plans to construct a large lumber mill in Rowesville are taking a little longer to come to fruition than elsewhere, but officials say the project is still under development. Orangeburg...
Stimulus-Funded Lumber Mill Closes In Idaho
Emerald Forest Products in Emmett, Idaho has closed its lumber operation and laid off 50 people. The owner is looking for a buyer. The company, which began in 2010 with help $4 million in federal economic-stimulus money, was undercapitalized, said Dick Vinson, who ran...
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