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Home Depot To Add 61 Stores In California

In an $850 million expansion program, Home Depot will open 61 stores in California by February 2000, bringing its total to 156 locations in the state.

Of the 61 new stores, two each will be built in the San Joaquin Valley and along the Central Coast,24 in the Bay Area and 33 in Southern California.

In Orange County, for example, Home Depot now operates 12 locations, including recently unveiled units in Laguna Hills, Garden Grove and Yorba Linda. They will open in Cypress this year and in Brea, Costa Mesa, Irvine, Lake Forest, La Habra, Rancho Santa Margarita and San Juan Capistrano in 1999.

Others to open this year include

Payless Casts Off Bankruptcy

Payless Cashways, the nation's fifth largest building materials retailer, emerged from Chapter 11 bankruptcy reorganization after an uncommonly brief 135 days.

As part of the closing, approximately 54Vo of the common stock of the new Payless Cashways was issued to the bank group led by the Canadian Imperial Bank of Commerce.

The company's secured lenders and members of the official creditors' committee also selected a new slate of directors.

David Stanley relinquished his role as chairman. but remains c.e.o. and Susan M. Stanton remains president and c.o.o. They are joined on the new board by interim non-executive chairman Peter G. Danis. Boise Cascade Office Products; David M. Chamberlain, Genesco, Inc.; H.D. Cleberg, Farmland Industries; David Gundling, Hagemeyer Foods; Max Hopper, Max D. Hopper Associates; Donald Roller, ex-U.S. Gypsum Co., and Peter M. Wood, ex-J.P. Morgan & Co.

Their plan calls for Payless to spend $153 million on capital expenditures by the end of 1999, while reducing its interest expense from $60 million in 1996 to $29 million by the year 2000. They'll be relying on a "Dual Path" strategy, with stores focusing on either pro customers or serious d-i-yers.

The chain operates 164 stores in 20 states under the names Payless Cashways, Furrow, Lumberjack, Hugh M. Woods, Knox Lumber and Contractor Supply.

Fairmount, Van Nuys, Woodland Hills, Pomona, Lancaster, Simi Valley, Goleta, Santa Maria, Chico, West Sacramento, Napa, and East Palo Alto.

The company attributed the expansion to a resurgent California economy and homeowners' increasing willingness to spend money on repair and remodeling projects.

In addition to 61 new locations. larger replacement units will be added in Anaheim, Huntington Beach, Fremont and Milpitas.

"Rail transportation of our products throughout the Western and Southern regions is only slightly better now than it was at the early part of the century."

- John D. LeFors, v.p. - building materials group, Willamette Industries, Inc., Portland, Or,

WOOD BEMAN A DOOR MANUFACTURING PIANT HALEY BROTHERS

THURSDAY JAUUAlry1s,1998 o 1O:OO A.M.

13780 SOUTH CENTRAL AVE., GHINO, GATIFORNIA SALE Sm PHONE 1714147|}2112

EDGE GLUEBS . SANDEBS o ROLLEB CONVEVORS SHELVING o MACHINE TOOIS. GLUE SPREADERS STACKERS. PHESSES e ETG.

SANDERS: Heesemann 54" S-Head Belt Sander, with electronic controls; Timesaver Mdl. 652 BT 52" Top Sander; Timesaver Mdl. 552 BT 52" Bottom Sander; 1O'x 52" Belt Conveyor, connecting Timesaver sanders . ELEGTEOIIIIG GLUERS: Rosenquist RF Gluer, 144" x 52" bed, solid state 1O,o(n D.C. roltage; Rosenquist Continuous RF Stile Gluer, 62" x*1/2' *iles, power infeed and outfeed conveyors and controls; Rosenquist RF Rail Gluer, E&l/4x1fl'3/4, with controls, outfeed and infeed conveyors r SHELVING, COITIVEYORS AND HANDLING EOUIPMENT: 30Section 36" x 30" x 1OO" Deep Roller Bottom Shelving; 4-Section 48" x 30" x 1OO" Deep Rollen Bottom Shelving; I' x 3' Roller Top Scissorlift; [11O'l 4' Roll Power Roll Conveyors and Motor; Appnoximately (8OO') 4'Roller Conveyor, with stands

. GLUE SPREADERS: Glue LayUp Line, with intued and outfeed to Black 5O" spreader; (21 Buelback 52" Spreaders; [2) Black 50" Spreaders; (2) Black Mixers r MISGELLANEOUS MACHINEFY: Wemhoner Bundle Turner; Invincible Mdl. 51-1 5 Rip Saw; Racine Self€ontained Hydraulic Power UniU

[2] Buelback Continuous Panel and Door Feeders, with hydraulic systems o PRESSES: Ferguson 42" x84" 7'Mechanical Air Pod Press; Ferguson 5O" x 96" 7' MechanicalAr Pod hess o Dffi FEEDER: Buelback Continuous Z-Side Feeder Vacuum Panel and Door Feeder, with hydraulic system

. MAGHINE SHOP I MAINTENAIIICE EOUIPMENT: Cadillac Gearhead Engine Lathe, 22" swing, 7'bed; BridgeportVertical Mill, digital control and power feed table; American 12" Vertical Band Saw; Emerson

7" Horizontal Metal Band Saw; Southbend 1O" Collet Lathe; Gorton Master Mill Vertical Milling Machine; Welders; Grinders; Miscellaneous Small Tools

. PICKUP: Chevrolet Silverado Pickup.

Mary Murphy, exec. v.p., Western Building Material Association, Olympia, Wa., has announced her retirement. A WBMA search committee is seeking her replacement.

Jim Frodsham has joined All-Coast Forest Products, Cloverdale, Ca., in industrial sales. Don Sizemore is new to the engineered wood department.

Bill Crabtree has been appointed v.p. of SCR Inc., Lake Oswego, Or.

Mike Rhoades is the new president of Heritage Hardwoods, Chino, Ca.

Ed Cagle, formerly with Unity Forest Products, has joined Butte Timber Sales, Yuba City, Ca., according to Til Johnson.

Herschel Greenwade. salesman and lumber buyer at Orepac Building Products, Portland, Or., retired Dec. 31.

Roger Nixey has been named western regional sales mgr. of Ornamental Mouldings, Archdale, N.C.

Spencer R. Stuart, v.p., Simpson Timber Investment Co., Seattle, Wa., and Allen E. Symington have been named board members of U.S. Timberlands Co., Klamath Falls, Or.

Kathleen Gyurica, ex-Cascade Empire, and Cory Betts, ex-Tilling Timber, are new to purchasing at Universal Forest Products, Woodbum. Or.

Brad Woodson is now mgr. of Copeland Lumber, Sheridan, Or.

Jim Brown, formerly with Saratoga Forest Products. is now a trader in industrial pine lumber, moulding and millwork for Greenwood Forest Products, Lake Oswego, Or.

Peter llutt has been promoted to v.p./ treasurer of HomeBase Inc., Irvine, Ca. Dan Della Flora was named director of securities exchange commission and financial reporting; Brenda Schowalter, operational audit mgr.; David Hanson, hnancial audit mgr.; Joseph Chang, tax supervisor; Steve Bowen, financial planning director; Scott Rosner, merchandise accounting director; Rosemary Parker, general accounting director; Phyllis Pierce, expense payables mgr.; Rick Stanford, mgr. of accounting; Elizabeth Pollard, inventory analysis supervisor, and Carnie Asimakopoulos, senior staff accountant.

Scot Stonebraker has been named gen. mgr. of Idaho Timber Corp., Albuquerque, N.M. Emil Romero, Jr., previously with Stone Forest and Sagebrush Sales, is new in sales. Ted Eltis, v.p. of the northem operations, will head the Albuquerque office. Coy Ernst is gen. mgr. of the Espanola, N.M., sawmill.

John E. Hanby is now v.p.-technology at Potlatch Corp., Spokane, Wa.

James N. Sullivan, vice chairman, Chevron Corp., has been named to the board of directors of Weyerhaeuser Co., Federal Way, Wa.

Barbara Humphrey is a new territory sales mgr. for Roseburg Forest Products, replacing retiring Bob Zepke.

Ethan Klausner has been named v.p.merchandising for Home Depot's Northwest region. Mike Majors is mgr. of the new Yorba Linda, Ca., location.

Charles E. Carlbom, United Grocers Inc., has joined the board of control at Crown Pacihc Partners, Portland, Or.

Jim Ben Edens has retired as chairman of Huttig Sash & Door.

Dale E. Kukowski has been named president of Lanoga Corp.'s United Building Centers division.

Mike Bennett is now support and service mgr. of First Systech International, Phoenix, Az.

Dave Forsythe has joined the Eastern sales division of Snavely International.

Richard Crabtree is now secrctaryltrcasurer of SCR Inc., Lake Oswego, Or. Tom Bolden, formerly a regional sales mgr. for Cotter & Co., has been pro' moted to affiliate sales director for TruServ. George Lyons, ex-True Value mktg. mgr., is now mgr.-business development, responsible for sales force automation. commonization of field practices, field communication and field measurement issues. John McGraw is now ServiStar mktg. mgr.; Ted Noring, True Value mktg. mgr.; Eric Lane, Coast to Coast mktg. mgr.; Jacinda Quagliano, retail programs mktg. mgr.; Mike Mallon, TruServ group merchandising mgr.-retail programs, and Scott Raymer, group merchandising mgr.-TruServ merger.

Tim Conners is a new roofing product specialist in Ca. and Az. for Landmark Building Products, San Bernardino, Ca. Steve'Thurg/' Thurgood won the "trip for two" contest to Las Vegas for setting record sales of fire retardant lumber and plywood into the San Diego, Ca., area Lance Duke, Rick Ilovicl, Fred Tuttle and Patrick Pehl exhibited the Great Wall fiber cement fence system at the Landscape Architects Show in Atlanta, Ga. Steven King recently returned from sales trips to Portland, Or., and Phoenix, Az.

Kathy Rutledge, Taylor Lumber Services, Grand Terrace, Ca., and her husband, Bob, are the parcnts of 7 lb. I I oz. Danielle Kerra, bom Dec. 14.

Barbara Clausen, ceo, Performance Coatings Inc., Ukiah, Ca., recently christened the company's newest mascot, a32'boat called the Egret. The 60-year-old craft was refinished with Penofin's Marine Oil Finish.

Charles Kinmel is now president, c.o.o. and ceo of Tivoli Industries, Inc., Santa Ana, Ca. Riclard Call has been named materials mgr., and Marie Paris, mktg. mgr.

NicI Hunter, lGyear-old, gttb. tullback and safety, won the Califomia Youth League State Championship in the junior peewee division. He is tlre son of Pat Hunter, Blue Ox Timber, Orangevale, Ca.

Willie Makeit is now in charge of ship ping at Mungus-Fungus Forest Products, Climax, Nv., according to ct> owners Hugh Mungus and Freddy F\mgus.