
3 minute read
NtrWSERItrFS
Buildcrs Squarc opcncd a Srmricc, Fl., etorc ucing itr ncw Buildcrs Sqnrc llfoimat; a rccondncw fotmat stolt is undcr constucdon in San Antmio, Tx. . , Homc Qwrtcrs, i Hcchingcr subeidiary, has prrchascd p,topctty in Chatlestotr, S.C., with no timctablc for building. ..
Simmons ltmbcr Co., Rcctor, Ar., has bccn putchaecd by Houston W. Orr, ownetr of OakGrovc ltmbe r C o.,Patgould, Ar., and renamed Rector lttmber, Inc, ., . National Lumber Centers, Springdale, Ar., acquircd Triangle hrilding Supply, Bentonville, Af., as stote No. 6.
Mill C re e k htmbe r,T\tla, Ok., is the new ownef, of Owasso lttmber, Owasso, Ok., William'8" Sawyer mgr. Onni Corp. acquiredBonsteel Lumber Co,, Harrison, Ar., to oPerate as a Builders Warehouse Association, Inc., its third Arkansas location. .
Home Depot opened a 120,000 sq. ft. store in Euless, Tx., bought a 14 acre site for a $3.2 million facility in Lakeland, Fl., and prepared to begin construction of a 102,210 sq. ft. location in Brentwood, Tn. . . Ro'nCrosby,newownerof Bryan County Builders Supply, Durant, Ok., has remodeled and renamed the operation Steger Lumber Co.
Lowe's opened replacement stores inDale City, Va., and Anderson,Al. SnowlstmberCo.,High Point, N.C., was acquiredby an outof-state investment group on Aug. l. . . Montgomery Building Materials, Montgomery, Al.,hasclosed. .
Sanco Lumber Co., Grove, Ok., had a ribbon cutting fot the building replacing the old store destroyed by frc. . WhitcHomcCcntcr,htguc, Olc, war liqui&tcd at auction. .
Thc city of Mulberry, Ar., is ncgotiating to acquire thc reccntly closcd Mulbcrry ltmbcr Ca and leasc it to Frazicrs hdustries,Big Sping, Tx. Builders Supply of Oklahoma acquhd Wlson ltmbc r Yard Sangcr Tx., and renamcd it Dcnton County Buildcr's Supply Inc.,
Wm. Cameron & Co. has moved and acquircd Thunfur b ird,Stccl (scc story,p. 23) Gilco ltmber, Inc., Mobile, Al., has completed a new state of the art dry kiln facility in Roderfield, W.V., with 750,000 bf dry kiln capacity and 2,000,fi)0 bf ait drying sheds.
Weyerhaeuser Co,'s Southern Itmber Businass completed r€struchring its treated lumber segtnent, relocating sales management and personnel to the plans at Millport, Al., and Plymouth, N.C. Diamond Hill Distribution C e nter,Dar lington, S.C., added approximately 8,00O sq. ft. of covered storago space.
C he sap e akn Wo od Treating C o., West Point, Va., with its six mfg. operations on the East Coast, has been placed up for sale by parent Chesapeake Corp., Richmond, Va....
Tlrc National Retail Hardware Assoc iation and H om e C e nt e r Institutehave jorned with Scie ntifie Certification Systems to promote grcen markaing throughout the rctail hardware and home improvement industry Home Depof,Atlanta,Ga.,is planning to create stand-alone recycling centets next to its stores where canrmaf wlll bc rblc b &lvr in rd r*rp rucychblc td fri ash or crrdit good at Hontc W. ,
Sotdua*cntlculsMoficar
tng, Jrcbclillc, Fl., hu prrchrsed conrtruCion herdwerc ffi. ,'4sch Profu,t,l,lllrorrl,F1., md mdl tim @. Dot Mebls,SmAnlontqT&
GAt hrtdtng llotcrbls Corp, aoquircd Coha Tenr rnd wlll operatc it rr Tlu Coba Vqt Co,, Itlr,,, a wholly owncd afuldirry USc movcd to a ncw meA+nncm office, Thc USG Buildlng, at 125 S. Frlnklln St", Chicego,Il.
United Coatingsreccivcd a gilver awatd at thc 30th annual Drummer Awads fot its ncw Ed Dwigans Private Stock color cards and brochnrce . . . TheArchitecnralVoodwork hstinre donated $10,000 to the Tt op ical F o r e stry Fo undatio n at the Smitltsonian hstiution. .
As of July I 3 bonds ar€ no longer being acccptcd by thc U, 8. Customs Service as payment for duties on softwood lumber ctossing thc borde,r from Canada into tlrc U.S. ; regulationsnow call fotcash deposits.
Central Buildcrs Supplies, Stttgis, Mi.-based buying group, has voted to liquidate, with Seryisrar purchasing some assets and signing up most CBS dealer members (see story p. 37). .
Inuisiana-Pacr.fc earned $80. I million on sales of $l billion in the firstsixmonths of 1992 TempleInlandlnc. hadearningsof 85 cents per share for the second quartor Georgia-Pacific's second quarter eamings were only slightly above the break-even point.
Housing starts dropped 3.296 in June (latest figs.) to an annual adjusted rate of 1.2 million, depressed by a2l% plunge in multi construction. permits dropped fot the fourth consecutive month with a 1.3% dip.. David Seides, National Association of llome Buitders economist, tevised his yearly housing starts forecast to 1,200,000 from 1,280,00O.
