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.
Latest News
Burton Acquires Industrial Cutting Tools
Burton Acquires Industrial Cutting ToolsBurton Mill Solutions announced its acquisition of Industrial Cutting Tools (ICT) of Quitman, Ga. ICT specializes in reconditioning cutting tools for sawmill, chip, and pellet operations throughout the Southeastern U.S. The...
Rosboro Advances With Glulam
Rosboro Advances With GlulamMajor glulam producer Rosboro Co. named several primary suppliers for its upcoming $100 million-plus expansion project in Springfield, Ore. The investment includes a lamstock planer mill, expanded dry kiln capacity and a new glulam plant....
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.