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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TimberHP Expects Long-Term Success
TimberHP Expects Long-Term Success TimberHP, a Maine-based manufacturer of wood fiber insulation, announced that it has filed a voluntary, pre-negotiated Chapter 11 plan of reorganization in the U.S. Bankruptcy Court for the District of Delaware. The plan, according...
SPI Names Vaughn Emmerson To Oversee Lumber Business
SPI Names Vaughn Emmerson To Oversee Lumber BusinessSierra Pacific Industries (SPI) named Vaughn Emmerson as Vice President of Lumber Operations, overseeing the company’s lumber business, which also includes millwork, veneer, biomass energy, fabrication and trucking....
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