Febmary, f986

An exciting addition to this magazine's series of special issues will appear in Febnra4r, 19E6.

Highlighting cedar, it will cover a wide range of topics of interest to anyone involved $rith wood. tlblt be talking about cedar's selling points, marketing possibilities and its growing role in the wood market plus: how to buy it and how to promote cedar.

In addition, there will be case histories and other success stories on how wholesalers and retailerc can proftt from cedar's growing market acceptance.

ADVERTISERS: Make sur'e you're not left out of thiimportant irsue. Call orurite today to resetve qnce in our Febtrra4l Cedar Spc.ial Issue. The deadline for sgnce rescruations is Janua4r 15, 19t6. fo resewe space orfor tnorre infotmation, just call the telephone numbcr shoum below.

Paulsel Repeats 500 Honors

Paulsel Lumber, Fort Worth, Tx., held a place on the prestigious Inc 500, a list of the fastest growing companies in America, for 1985 moving from l86th to l74th position.

The company, which has achieved a sales growth rate of l,22lVo since 1980, had sales in 1984 of $10,950,000 as compared to sales of $829,000 in 1980. The firm grew from 12 to 16 employees.

Paulsel was one of the 35 Texas companies making the list. The Lone Star state was behind only California which has the most representation with l0l companies, more than 2090 of those placing. Other southern states with l0 or more companies qualifying included Virginia, Florida, North

Traff ic Association Annual

Southern Hardwood Traf fic Association will observe its 75th anniversary at its 65th annual meeting, Thursday, Feb. 27 at the Ramada Convention Center Hotel, Memphis, Tn., commencing at 10:30 a.m.

Organized in l91l by a group of Memphis area lumbermen, the organization has since that date continuously served the lumber and related wood products industry by furnishing its members with highly technical freight transportation services. During this time it has expanded geographical representation to all areas of the United States and international traffic

Homecrafters Chapter 1 1

Homecrafters Warehouse Inc., Birmingham, Al., has filed under Chapter I I of the U.S. Bankruptcy Code, reportedly running out of cash.

Craig Rastello, director of financial planning, said that the chain expects heavier losses in the fiscal third and fourth quarter than the $3.3 million loss reported in July for the first six months.

Eleven of the firm's warehouse stores were in process of being closed at the time of the announcement with suppliers tightening up credit.

Homecrafters expects to submit a reorganization plan which will allow it to continue to operate 28 other retail home center stores.

Carolina, Georgia and Tennessee.

Building product related companies qualifying for the magazine's 500 listing included ABC Supply, Beloit, Wi., (2); Weathervane Windows, Kirkland, Wa., (76); ABO, Mobank, Tx., (237); Newpro, Woburn, Ma., (252); J. J. Grundy, Ottowa, ll.,(262); Cabinet Door, Morgan Hill, Ca., (366); Tiresias, Orangeburg, S.C., (406).

Inc's annual report on the 500 fastest growing, privately held concerns revealed that productivity in terms of sales per employee has soared from $78,825 in 1980 to $185,850 in 1984. In the same period average annual sales jumped from $l million to $14.8 million and the average number of employees grew from 25 to 127

Memphis Lumbermen Elect

An entirely new set of officers and directors was elected by the Lumbermen's Club of Memphis at their annual election.

William "Ronnie" Jorgensen, Jorgensen Bennett Manufacturing Co., was elected president. Robert J. Lockwood, Frank A. Conkling Co., will serve as first vice president; Robert "Robbie" Fields, Walter M. Fields Lumber Co., Inc., second vice president; Terry Allen Wilson, secretary/ treasurer, and Dan Mayhew, Robert B. Sabistina and David Caldwell, directors. Red ticket candidate Caldwell was the only non-blue ticket winner.

The turnout of approximately 170 voters was normal, according to club v.p. Lockwood for the heated contest, held December 7. 1985.

between the U.S. and Canada.

The Traffic Association underwent a streamlining in mid 1985 with the consolidating of the Louisville, Ky., and New Orleans, La., district offices with the Memphis office and headquarters and moving to Suite 302, The Apothecary Building, 22 No. Second St., Memphis.

SHTA's annual meeting will be followed by a joint luncheon with the Lumbermen's Club of Memphis. Anyone engaged in or connected with the lumber and related wood products industry is invited to attend, according to Paul McQuiston, executive vice president.

"When your're running, it's a heated campaign," Lockwood said. "Very seldom do you get to go to work. You're out campaigning for a solid week."

Home Centers Financial Clout

At a level of $43 billion, the homecenter/hardware industry is one of the most important industries in the United States economy today.

The building trade accounts for 520/o of sales with the do-it-yourself market buying the remaining 4890. These figures were compiled for the 1985 Directory of Home Center Operators/Hardware Chains published by CSG Information Services.