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MOUTDING&MIIIRTORK (includins DOORS & WINDOWS) SPECIALISSUE AUGUST,T986

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Obituaries

Obituaries

For the flrot time evet,our Auguct looue wtll be a Speclal looue on llouldlng' Millwork, Dooro and Windowc.

Storieo will cover a wide range of mouldlng and nlllworL toplco ao thcal re' late to the dcalelfoholeoaleldlotributor markets

Among the newcworthy and lnformatlve materlal in thio Spcclal loeue y' trloney Making Merchandioing of Mouldlng y' Caatomer (Orlentcd Door and ffindory Dlcplayo

,/ AWood Moulding l[arket Bctricur y' Thelatect on Low E (emioolon) Glaoo y' lilow You Can Get Your Share of Increaaed Illood Moulding and Mlllworh Uoe

ADVEBTISERS: MaLe aurc you take full advantage of thlo new oppottunity to get your ne3' oage to the narlretplace. Crall now ("oF tect) for more lnformatlon or to nalrc your opacc reocwatlon for thlc lnpor' tant iocu"- Act nour. Juot call or urlte to the addrcaa or number ohown belos. The deadline ic July lO, 19t5.

Buildlng

PrDXrlcr David Cutler

Edror Juanita Lowet

Aldsarri Edilor David Koenig

C.olrlbrdrr Edton

Dwis[t Cunan. Gage McKinneY

AnDiulorMartha EmerY

$rlf Arfi Carole Shinn

()rtulilior Dorothea Creegan

Buildins Products Digest is published monthli at 45CD CamPus Dr., Suite

+AO. Xcwoort Bcach, C'z' 92ffi, phone (?i4) E52-1990 by Cutler nuUisning, Inc. Mvcrtising rates upon rcquest.

ADVEIIISING OTIICE|

FroM TEX/IS, l,(xrlslANA. MlSSlsslPPI' YIRGINIA. rd TENNEISDE- coord Drvil d.r. Ptgte (?lf) tJ2-l9lD.

Ff,OM V|nG|NIA, N(XTfl CTIlltINA

Sfl'NT CAITXINA GD(NSA FIIIF iln| wAsll{G'rol{ sxlil?, (n8o(llf' tD X), C&Ultr{G, K)nnaNA rrf,a[' OilInAIx) d CANAITA: C@ m f,tuPtc(15f 30{5lI srrBscarPTloNs

DA AnlI) AI,AlAl|/|: CmE Gd Y-. Phc (213),s2-3t13 a Ot't) tS:l'|gl).

Cbrc ot Aditr-Scnd sulsie tbn &dcrs and addrcss cbmSFs to Circuluion Dcpt., hrihing Prodwts Di!6t aim Canns I)r., srirc 4fl), Nim6rt Bcach, Ca- 9660. Inchdc addrtss label hom rccent issuc if possible, phrs ncr addrcss and ziP code.

Sutsipton Rrlcs: U.S.: t20ottc year; $36two ycan; u(Xhre Years. Foreign: one Far payable in advare in U.S. funds{.anada or Mcxioo: ut-t4t surfc-337; Sornh Amcrica: ah-$60 surfc-S39; Asb: ah-flG surface-$39; EuroPe: air-t90; surface-$39. sngb copics te back copies J3 plus shipping & handling.

BI.JILDING PRODUCTS DIGEST materials furnished to it.

Ls an indefnfuttlWwnd Pttbliution for the rctqil, wlPlsle nd dit' tribution levuk of tle lumbr ard buildine atpply nokas in 13 Soruh' ern stgt6.

Sunshine. And a cool breeze offthe pacific. Those are two of the tools Georgia-pacific uqes to S-dry Common and Rustic gades of redwood at our Ft. Bragg mill in northem Califomia.

But sometimes Mother Nature needs g fittte hqlp.So we also use pre-dryers, dry kilns and bther modem faciiities ti assure consistent quality in our certified, kiln-dried Bee, Clear and Clear all-heart.qades.

Plus, we're members of th-e Califomia Redwood Association and the Redwood Inspection SeMce. Soourgade samp is yourassurance of quality fiom the pebple who know redwood best.

Our Ft. Bragg facility is a full-service Douglas Fir mill, too. And that means one call can get you two of the best products Georgia-Pacific-and Mother Naturehave to offer.

Call today: T0T/964-0281. For redwood qualityyou can build on.

Glome 350 years ago, frustrated by the needless -lcomplexities of life, one of Shakespeare's characters in Henry VI speab the above line. lbday it comes readily to mind in any review of the current insurance crisis.

While the insurance companies have done more than their share in creating ttre prcsentnress' ttte prinF culprits are the American judicial system and the judges and lawyers who administer it.

'A full recounting of the insurance problem is not required here, so wide-spread are the eflects. Virually etreryone in business has suffered tlre shock of po[cy costs ripling, quadruplfurg and norse. Sonrc policie's harrc been canceled in mid-erm while insurarce corcrage for certain sinr,ations is unaailable at any cost.

The problem does not lend itself o either a quick or simple solution. But a start must be made on putting intoplace controls on the excesse.s of the legal profession. The number of extravagant judgemens by arrogant, irnry torer judgqs is legion. Every day s€erls to bring a new horror story from ourjudicial system ard its Alice in Wonderland view of contemporary Arcrica.

The slighrcst injury red or imagined, brings anodrer laqnuit to our hld€ned cdrrt sysEm, ptlrsd ty greedy, cynical lau4rcrs. Ttrcse leeches on the body ol American jurisprudence apparently care moctly about their ftes, reprration and the cocy frarevnrt lnvyen have erected for their exclusire sbelEr. The least concern of thejudgps and lfl'lrcrs is furthe m irnporant elemem: siryle ju,*ice for fre citias. Tbo often, a frir sefilement of a casc fells befr,r€ |he political ambitions of acorneys andiudges. It is irmic $t[ the righb of tbe citizens hare been dininished by the rary system that cas established b probct 6€Nn. A numba dproposals ttarc ak€adyba pl fomad o find a solutio o 6e dnl p,roblems daailability d corrcrage and tre coss of insrrre. Ub ftnEdly @ that tF ne\il sysem will hatre morc busincss people andfeuarhvyen.

Otherwise. in all likelihood, urc will harc only let another fox into the chicken cooP.

Grace Home Centers Sold

W. R. Grace's 319 home center stores are included in the sale oftheir retail businesses to GMR Inc., an investor group headed by Harold Geneen, former chairman of ITT Co.p., for 9500 million.

Handy Dan, Handy City, Channel, Angels, Ole's, Orchard Supply Hardware, House Works, Cashway and Home Quarters Warehouse are included in the sale. Although the home centers and specialty stores achieved a combined after tax operating profit of $ I 1.7 million last year, some of the home centers, especially in ttre Southwest, have been hurt by increasing competition.

"It's a lot of money to pay for a business that has many troubled parts, " notes Gilbert W. Harrison, a managing director with Shearson Lehman Brothers Inc.

GMR Inc. includes, in addition to Geneen, David Mahoney, former chairman of Norton Simon Inc., and Michael Rosenthal, a former director at Donaldson, Lufkin & Jenrette Securities.

Mahoney declined to say if they plan to sell off any of the home centers. Rosenthal said the group is interested in running the stores, not in getting real estate to resell. The sale is expected to be finalized this month.

Record Canadian lmports

U.S. mills in 1985 exported 6.5Voless lumber than during the previous year, while Canadian imports into the U.S. rose 9.7Vo to a record 14.5 billion board feet of lumber, according to the Commerce Department.

Univercal Reorganizes

Universal Forest Products. Inc.. has reorganized, creating two new operating companies, Universal-Eastern Co. and Universal-Southern Co., according to William G. Currie, president.

James H. Ware will be executive vice president of Universal-Southern Co.. Moultrie, Ga., which includes mid-south and southeast divisions. Mid-south will cover Alabama and north Georeia with Rod Lott as acring division vici president. Preston Jordan will be actine division vice president for the rouiheurt division in Florida and South Georgia.

The Carolinas and Virginia are included in the Atlantic division of Universal-Eastern, Robert D. Coleman, acting division vice president.

lUhen Vou llighest Ouolltg Posslble ot Compctltlye prlclng

lJ"fll.g;,0*s,9r,

I N c.

Rrkonsos TURTS l-(800) 482-2352 Notionol TURTS l-(800) 232-2326

Bl[t llRRDlN@ o

LINDR PRIDDY . ROSS RRSSTIIUSS€N

UJe con.fill oll .vour treoted lumber naeds. . . londscope timbers, plyulood, oll dimonsionol lumber, 4r4 through l2rl2. on 616 ond forger ure hove lengths ronging up to 4{feet. plus, u,e nou, corrv in stock .60 FDN. Wa olso hove rrrv rn srocH .ou FuN. (ue olso hove our oun fleet of trucks I help you solve ony delivery problems vou mov hove. Hll our moteriol is TPI grod@ morked. lue feoture the Rl.upB quolitv mork on oll our treoted moteriol. fleet of to oric growth in the retail home center industry the past two years, John W. Hechinger, co-chairman of the board and chiefexecutive officer ofthe 5l store Hechinger Co., says "Economic conditions overall favor discretionary spending on home improvement.

"Consumer sentiment in general will be high, I believe, based on optimism that Congress will deal effectively with the deficit. But if Congress doesn't show marked headway on this most critical issue by autumn, their lack of action may well reverberate into a sharp slowdown for retailers across the board.

"With real interest rates bottoming out, we can expect some softness in housing starts and turnover of existing homes frori the December, 1985, spurt. This will benefit the home center business because homeowners who are not trading up into new domiciles are prone to enlarge and upgrade their present homes.

'At the same time, the fewer households that are relocating, the more we see growing emphasis on the high-quality end of d-i-y goods. Without inflation boostine appreciation of their chief assetl homeowners now, more than ever before. are more discerning and more likely to add top-quality improvements when they make additional investments in their homes. While consumer savings may be at a post-war record low, a dollar spent on

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