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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Idaho Sawmills Look For Automation To Maximize Returns
With the gradual turnaround in the housing market, a family-run lumber company in Adams County is about to put down $1.5 million on high-tech equipment to get more out of its logs. At Evergreen Forest…
Canadian Company Will Buy McFarland Cascade Holdings
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); 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.…
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