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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Georgia Ports Continues Container Expansion
Georgia Ports Continues Container Expansion Georgia Ports Authority approved contracts totaling $65.6 million for container yard work at the Port of Savannah’s Ocean Terminal, a 200-acre facility just downriver from GPA’s main container port. The board approved three...
Hilmer Andersson Goes With Valutec
Hilmer Andersson Goes With Valutec Swedish family-owned sawmill company Hilmer Andersson has invested 4 million Euros in wood dryers from Valutec, including a FB continuous kiln and three batch kilns. “Over the years we have developed more and more from a traditional...
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