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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Resilience Capital Partners Acquires PA Sawmill
Resilience Capital Partners, a Cleveland-based private equity firm, recently announced the completion of the acquisition of Weaber, Inc., a leading hardwood lumber mill. Founded in 1941, Weaber, Inc. is one of the nation’s leading hardwood lumber producers. The...
Low Country BioMass Pellet Plant Utilizing Sawmill Residue
Low Country BioMass Pellet Plant Utilizing Sawmill ResidueLow Country BioMass, LLC, Ridgeland, SC, completed construction and began production in mid-November. The pellet plant is on track to finish the commissioning process and begin its 24/7 schedule by the middle...
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