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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Canadian Company Will Buy McFarland Cascade Holdings
Canadian Company Will Buy McFarland Cascade Holdings After 96 years, a Tacoma-based, family-owned wood products company soon will have a new, Canadian owner. McFarland Cascade Holdings Inc. announced recently that it will be bought by Montreal-based Stella-Jones Inc....
Huge Sawmill Could Bring Up To 300 Jobs To S.C. County
If Orangeburg County lands the state’s largest sawmill, it could gain up to 300 jobs and a better option for its timber owners, according to forestry and business officials. German-based Klausner Holding USA Inc. is considering placing a lumber mill on approximately...
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