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Housing Starts Hit Highest Level Since 2007

Led by a strong jump in single-family production, nationwide housing starts inched up 0.2 percent to a seasonally adjusted annual rate of 1.206 million units in July, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. This is the highest level since October 2007.

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Construction Unemployment Drops to 14-Year Low

Construction employment in July climbed to the highest level since February 2009, while the number of unemployed workers with construction experience shrank to a 14-year low, according to an analysis by the Associated General Contractors of America. Association officials cautioned that the diminishing pool of available qualified labor may be having an impact on the industry’s ability to meet growing demand.

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Steve Slater Dies; Was Eagle Iron Works Sales Director

NOTD STEVE 150Eagle Iron Works (EIW) and the McLanahan Corp. mourn the sudden passing of salesman Steve Slater. He worked at the EIW facility as director of sales and customer service. He had been with Eagle Iron Works since 2007, and joined McLanahan Corp. when it acquired the company in 2012.

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Metso Closes Pennsylvania Plant

Metso announced the closure of its manufacturing operations in York, Pa., plant as of March 31, 2016. The decision affects approximately 80 employees currently employed at the plant.

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Top 10 Metro Areas for Commercial, Multifamily Starts Revealed

A ranking of the top U.S. metropolitan areas by the dollar amount of new commercial and multifamily construction starts reveals the New York City metropolitan area leading the nation during the first half of 2015, according to Dodge Data & Analytics.

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