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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Two Rivers Lumber Plans Second Alabama Mill
Two Rivers Lumber Plans Second Alabama MillTwo Rivers Lumber Co. plans to invest $115 million to build a state-of-the-art sawmill in Coosa County as the company’s second operation in Alabama. Demopolis-based Two Rivers Lumber has committed to creating 130 jobs at the...
C&D Lumber Announces Closure
C&D Lumber Announces ClosureOfficials with C&D Lumber in Riddle, Ore. recently announced the closure of the mill as of May 2, becoming the fourth sawmill in western Oregon to announce a closure since the start of the year. A reduced crew will work to run the...
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