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REA(HTJ,il':; The Merchant

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Neuy Fn@du@ts

Neuy Fn@du@ts

lDEl of a Christmas bash in Sacramento Ca., began in '71 with a party sponsored by Amaican Lumber Species and 0regon Pacific lndustries. This year, more than twice as many attended the Capitol City bash for wholesale and sawmill lumbermen and saw R. F. ilikkel Lumber, Gabbert Lumber and Dier Lumber join ALS and OPl in spon sorship. 11) Jack Martin, Bill Casselman, Ed Fowler, Jerry McDonald. (2 Chet lhompson, Haold Philip. (31 Bonnie Gabbert, Tanya Rowe. (41 Bill lbvak, Jim Frazer, Bill Fraer. 6) Phil Austiq Jim Tyler. (6)

L-P OKs $e million Exponsion

Louisiana-Pacific Corp. has named two directors, approved an initial $4 million expansion program and accepted resignations of the interim Georgia-Pacific Corp. members of the board es part of the spin-off of the L-P subsidiary from its parent comPany.

In its first acquisitions, totaling approximately $4 million, it will expand its operations in tle South and to develop a new Alaskan division.

'These initial acguisitions will pro- vide LP with immediate access to substantial new raw material sources for our expansion program," according to Harry A. Merlo, L-P president and chief operating officer. "Additional production capacity now planned will dovetail into existing L-P production and sales facilities." Acquisitions in the West included Kenai Lumber Co., Seward, Alaska. It includes a sawmill with current annual capacity of 30 million board feet on the Alaska R.R. with ocean dock facilities capable of handling two ships at one time.

Marking the end of G-P control were the resignations oI all G-P executives from their interim positions on the L-P board effective January 5. They are R. B. Pamplin, G-P chairman and president, exec. vps. J. N. Cheatham, R. E. Flowerree and H. J. Kane and the G-P corporate secretary, M. A. McCravey. They had served on the L-P board from its inception.

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