North Alabama Sawmill Announces Closure
In north Alabama, Southern Parallel Forest Products Corp. announced plans to shut down its Albertville location, affecting approximately 62 employees. The closure is expected to take effect in April 2026. The company submitted a notice under the Work Adjustment and Retraining Notification (WARN) Act, which requires employers to alert officials ahead of significant layoffs or plant closures. The filing lists the action as a permanent closure rather than a temporary layoff. Local officials have not yet released details on the reason for the shutdown.
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New Year Brings In Housing Starts Dip
U.S. housing starts dropped 4.1% in January 2022 from December 2021 to a seasonally adjusted annual rate of 1.638 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report. Single-family starts in January were…
Price, Daniels Assume Evergreen CEO Roles
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U.S. Housing Starts Complete Robust Year
U.S. housing starts increased 1.4% in December over November to a seasonally adjusted annual rate of 1.702 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report. It’s also 2.5% above December 2020…
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