Givil War

(Cttrttirttrctl Irtnn ltn'ritttr.r ltu.qt ) reducing profits in 1996 bv approrimatcly S-i-1-1.25 nrillion. "Last year \\'as the strongcst etrnstnre tion I car in the last several 1'ears. w ith l.-17 million housing starts. This should have prol ided our industrr u ith rcusonablc ;rrol'it: lbr the year." said Kirk Grundahl. \\'TC.\ crecutirc director. "Untirrtunatell'. due to political conditions that c;.rused the Canadian lumbcr quota which *cre bevond our c()ntrol and the fact that lumber represents about 5(Xr of'thc cost ol'our product. we suft-ered nrajor econcrtnic lossr's."

"The Iurnber industrv has no idca hou dcrastatin!.r this has been to our husiness." agreecl Pat Kellcr. r'.p.. Tru.: Conrponc'nt'. Inc.. Pccrlc* Park. \1o.. rihich has put ()l'1' plunr to ()pcn i.r ncrr plant th j\ \ L'ar. "\othing preparecl r.rt tirr thc pricc 'pikc in \orcrrrhcr. \\.c crpectcd the price ot' Ittrlber ritrulri ri.c'. hut bu.incr.c\ rurt [ \Llr\irt'these npes ot'price spikc:. \\'e scre r\\r-lrc(l br thc L'.S. Trld.' Rcprc\cntlrti\ e thlt thr. s oultlrr't happe n. thlt L'.S luntbcr' ntanul'aciurcr'. e()uld r'ltcct xlt\ ilcnlantl .urgL'\. attd;-ts sttch. ll()l l{r \\()tf\ llh()tll lltc qtt,rt.r.' .\ rttitjor rnlrrkc't c()necnl t. that a' thc eo't incrcltscs art passccl on to thc c()n\r-lnrar. thc e trn'tttnct' u ill hc 1."' lblc to bur hor.rring. "Thi' rr ill lcld lrr a rnarkct thrt i\ rc.c. riollirr') urtJ rr rll hult tlLt.. Ilt.ur.ll.re lurL'r'\ e \ e rt lll(,rL'.