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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Canfor Announces Permanent Closure Of Rustad and Tackama Mills
Canfor Announces Permanent Closure Of Rustad and Tackama MillsAfter a lengthy indefinite shutdown that followed the collapse of the United States residential housing market in 2008, Canfor Corporation has decided to close its historic Rustad Sawmill in Prince George,...
Lewiston Mill Sold To Idaho Forest Group
Lewiston Mill Sold To Idaho Forest GroupClearwater Paper Corp. is selling its Lewiston, Idaho sawmill to Idaho Forest Group of Coeur d'Alene, Idaho. The $30 million transaction includes the sale of Clearwater Paper's sawmill, planer mill, dry kilns, and related assets...
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