U.S. housing starts (combined single-family and multi-family) showed a slight decline in November, coming in at a seasonally adjusted rate of 1.427 million, 0.5% below October, and 16.4% below starts in November 2021, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report.
Single-family starts were 828,000, down 4.1% compared to October, and recording the third consecutive monthly decline; but multi-family came in at 584,000, up 4.8% over October.
Building permits declined 11.2% to 1.342 million, including a 7.1% drop in single-family to 781,000, and a 17.9% dip in multi-family to 509,000 compared to October.
Housing completions in November were 1.490 million, an increase of 10.8% over October, including single-family completions at 1.047 million, up 9.5%, and multi-family completions at 430,000, up 16% from October.
Every year, millions of workers get injured on the job, and a significant number of reported occupational injuries are hand related. But some of the best companies have managed to reduce hand injuries by 50, even 90 percent. How?
Brad Thorlakson, President and CEO of Tolko Industries, has announced that Pino Pucci, Vice President of Sales, Marketing and Logistics will assume a newly created interim role as Tolko’s Chief Operating Officer. “This role has been created to support our succession planning process, as Pino will eventually succeed me as President & CEO,” Thorlakson says. “Pino’s proven leadership experience, significant focus on people and…
Article by Jessica Johnson, Senior Editor, Timber Processing September 2023 – Unlike my dear old boss Rich Donnell, I did not grow up in Nashville. When the Southern Forest Products Assn. announced the move from my beloved hometown of Atlanta, Ga. for its Forest Products Machinery & Equipment EXPO…
As a specialist in engineered wood production lines, Minda has been a perfect partner for green and brownfield projects for more than 40 years. One of the last brownfield projects was the extension of a glulam line in Poland for Andrewex Construction, the biggest manufacturer of glulam in Poland with more than 30 years of experience…
Terry Brown and the Lumber Quality Institute will again offer two lumber quality-related workshops in Salem, Ore. for the sawmill industry in November 2023. The Lumber Quality and Process Control Workshop will be held November 6-7, and the Lumber Quality Leadership Workshop will be held November 8-9…
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