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.
Hunt Forest Products and Tolko Industries Ltd. announced they will build a $240 million sawmill in Bienville Parish, near Taylor, La. Construction is expected to start in early 2022, and the new facility will employ 60 when operations begin in the…
Two longtime Maine family-owned businesses have joined forces as Robbins Lumber, Inc., Searsmont, has announced the acquisition of Limington Lumber Co., East Baldwin. Under the acquisition, Limington Lumber will…
Roseburg Forest Products continues to expand operations in the Southeast U.S. with the recent announcement it will build a 400MMBF annual production capacity, 375,000 sq. ft. facility on 200 acres in Weldon, NC in Halifax County…
U.S. housing starts experienced another month of growth in June 2021, reaching a seasonally adjusted rate of 1.643 million, a 6.3% increase…
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