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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Fulghum Commissions Two 170 ft. Cranes At Canfor
Fulghum Commissions Two 170 ft. Cranes At CanforFulghum Industries, Inc. has completed the commissioning of two newly installed 170 ft., 45-ton log cranes as part of a $210 million project with Comact for Canfor Southern Pine at Axis, Ala. Certification for the first...
Drax Idling Operations In Arkansas
Drax Idling Operations In ArkansasDrax has made the decision to cease operations and idle pellet plant facilities in Leola and Russellville, Ark. The plants will cease operations and idle beginning November 1, 2025; operations at other U.S. sites will remain...
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