Single-Family Housing Starts Rise Again

U.S. housing starts reached a seasonally adjusted rate of 1.415 million in September, a 1.9% increase above August and an 11.1% increase over September 2019. Single-family starts carried the day at 1.108 million in September, a whopping 8.5% above August and 22.3% over September 2019.

Single-family starts have increased for five consecutive months, since hitting a low ebb of 679,000 during the onslaught of the pandemic in April.

Multi-family starts, however, continued a downward swing in September, at 295,000, 14.7% decline from August.

Building permits in September were 1.553 million, a 5.2% jump over August and 8.1% increase compared to September 2019.

USA Bioenergy, LP Sign Feedstock Letter Of Intent

USA BioEnergy (USABE) has signed a letter of intent with LP Building Solutions (LP) outlining plans to enter a long-term supply agreement for sustainably sourced wood fiber to support operations at USAB’s planned Texas Renewable…

RedBuilt Appoints Ted Osterberger As CEO

Hampton Lumber and affiliate, RedBuilt, are pleased to announce the appointment of Ted Osterberger as Chief Executive Officer of RedBuilt, effective June 1, 2025. Osterberger succeeds Don Schwabe, who will retire later this year after…

Hardwood Plywood Coalition Files Trade Petitions Against Asian Imports

Washington, D.C.-based law firm Wiley, on behalf of the Coalition for Fair Trade in Hardwood Plywood, has filed antidumping (AD) and countervailing duty (CVD) petitions with the U.S. Department of Commerce and the U.S. International…

Andritz Acquires LDX Solutions

Andritz has acquired LDX Solutions, a provider of emission reduction technologies and related services in the North American industrial market, with annual revenues of about $100 million. This acquisition further strengthens Andritz’s offering of environmental…

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