U.S. housing starts in June increased more than 17% over May to an annual rate of 1.186 million, with both single family housing starts (831,000) and multi-family housing starts (350,000) showing big increases, according to the U.S. Census Bureau monthly report.
Housing starts performance in June continues a bounceback from the low of 934,000 starts in April following the onslaught of the pandemic. The June 2020 number is only 4% below June 2019.
Utilizing major cogeneration residual, Humboldt Sawmill in Scotia, Calif. has obtained a European Biochar Certificate, the first U.S. based company to do so. Through the production of biochar, a byproduct of its Scotia, California cogeneration plant, Humboldt Sawmill is providing a sustainable product that can be added to soils by farmers and other landowners to aid in…
Interfor is acquiring the WestRock sawmill in Summerville, SC for US$59 million. The Summerville mill produced 125MMBF in 2020. A new permit was received in 2020 that allows for the production of up to 200MMBF and Interfor has identified a number of operational and capital investment initiatives to optimize and…
U.S. housing starts were at a seasonally adjusted rate of 1.580 million for January, a 6% decrease from December and 2.3% below January a year ago, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report…
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