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.
Latest News
J.M. Huber Corp. Receives Management Honor
J.M. Huber Corp. (Huber) has proudly announced it has been selected as a 2023 U.S. Best Managed Company Gold Standard honoree. Sponsored by Deloitte Private and The Wall Street Journal, the program recognizes outstanding U.S. private companies and the achievements of their management teams. The 2023 designees are U.S. private companies that have…
Dieffenbacher Names New Energy Unit Director
Wolfgang Lashofer has been appointed as the new Managing Director of Dieffenbacher Energy GmbH, which was formed at the beginning of the year following the acquisition of BERTSCHenergy, based in Bludenz, Western Austria. As Managing Director of Dieffenbacher Energy, Lashofer takes over the management of the newly established Energy Business Unit…
Raute PRS R5 Proving Itself
Raute introduced its Panel Repair Station (PRS) R5 the plywood industry in 2020. Soon there will be 13 units operating in North America. Measuring 33 ft. by 26 ft., the R5 is no larger than most manual repair cells. It requires no foundations, meaning it can be up and running within two weeks of delivery…
India’s Greenpanel Grows With MDF
India’s largest MDF manufacturer, Greenpanel Industries Ltd., has ordered its third MDF plant from Dieffenbacher. The new thin-board line based on Dieffenbacher’s smart plant concept, CEBRO, will be added in Routhusuramala, Andhra Pradesh. That’s the same site where Greenpanel commissioned a Dieffenbacher MDF line with a 56 m long CPS, the longest continuous press in…
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!