NEWS tsRIEFS

President Jimmy Carter has signed into law a bill nearly tripling the size of Redwood National Park, whtle expressing reservations about the $40 million job protection feature for loggers permanently unemploy- ed...

Basic cost of land acquisition is $359 million; the job package plus restoration bring the total to at least $432 million expansion opponent Rep. Don Clausen (R-Calif.) estimates final overall cost, including original purchases in '68, will be close to $lbillion...

A minimum of $230 million is expected to be received from the U.S. gov. by Louisiana-Pacific for its 27,000 acres lost to the park: L-P feels this is low and plans to "vigorously pursue" a higher cash settlement . Arcata National, promised $80 million for its I 1,000 acres, also plans to sue the feds

Louisiana-Pacific plans to buy Fibreboard Corp. for $56 million, pending ok from both boards of directors and Fibreboards' lenders and shareholders;move could put L-P into the paper business for the I st time since it was spun out of G-P 5 years ago

Housing starts in Feb. (latest fig*.) rose 2.1% after the record drop in Jan.; with single family homes representing about 2l3rds of the move, Feb. starts were 1,582,000 . blde. permits for future construction rose from I ,496,000 last mo. to 1 ,622,0OO. .,

North Sierra Forest Products' Steve Morgan bought out partner Bob Prouty to become sole owner of the Sacramento, Ca., firm Palmer G. Lewis Co. is expanding its distribution facilities at Auburn, Wa., Hq., and purchased additional property for their Pacific Yard Service subsidiary for a future Tigard, Or., distribution center and has acquired 2.8 acres in Redding, Ca., for expansion of their new Lumber Dealers Material Co. subsidiary

Philips Lumbdr Sales, Thousand Oaks, Ca., has purchased 2 acres in Redding, Ca., for a future branch office site . Parr Lumber, Orange, Ca., is developing 5 of its l0 acres at Chino, Ca., into a distribution yard with milling facilities; the $ I million project is slated for a Sept. opening .

Inland Lumber Co.. Colton. Ca., has opened a branch office in Cloverdale, Ca., headed by Dave Damon . 76 year-old Tyre Brothers Glass Co., Los Angeles, has been sold to Seymour Jacoby, a wealthy hotel and restaurant owner, and Jerry Bernstein and Herman Kellman; Jacoby is the new pres . .

H&M llholesale Lumber has added a new switch to their 4car RR spur at Rancho Cucamonga, Ca., l|estmark and Assoc., Newport Beach, Ca., has celebrated its 7th anniversary in business . The Grupe-Passadore Lumber Co., Stockton, Ca., is a new partnership for Fritz Grupe and Frank Passadore . .

Hughes Lumber, Glendale, Ca., has been purchased by lUestern International, Portland and is now Western International California: Tom Hughes and Fred Warren handle sales .Kaiser Cement & Gypsum has sold virtually all its active gypsum business to Domtar Inc. of Montreal, Canada for S34.5 million.

G-P has opened a new bldg. mtls. distribution center in Pas- co, Wa.,

84 Lumber Co. has opened a new store in San Leandro, Ca., Gene's Building Materials has opened its new facility in Midvale, Ut., '. Burton lilalker Lumber Co., agden, Ut., has bought Ketchum's Builders Supply for an undisclosed amount...

Gold Rey Forest Products, Beaverton, Or., is being liquidated by parent company Canadian Hydrocarbons, Ltd., Winnepeg, which is making a permanent departure from the forest products business .

Boise Cascade plans to buy Independent Lumber Co. (corp. hq.: Denver, operations: Grand Junction) for an unrevealed amount . . . R. K. Moulding Co. is a new Bend. Or..lineal moulding plant . . .Uresco Construction Materials is a new Seattle wholesaler, Chas. Moore is headman llickes is taking 4 floors at the 25-story U.S. National Bank Bldg., San Diego, as its new Hq.;it will be renamed WickesCenter...

Olympic Stain has moved its corp. Hq. to Bellevue, Wa., . .PortlandWillamette's 185,000 sq. ft. expansion is due for completion in July; PW is a fireplace equipment mfgr. Certainteed is bldg. a multi-million dollar insulation plant in Chowchilla, Ca. Trend All Wood Products' mill, Blue Lake, Ca., has permanently closed

Particleboard, according to Business lleek is now selling at 7l% of the price of a similarsize plywood panel, at the mill, a yeat ago the ratio of the cost of a piece of plywood was 32% - . a court injunction order has been put on FnHA to prevent the feds from implementing their new rural thermal performance standards.

Snider Lumber Products, Turlock, Ca., is in court over a GSA ruling that it says could cost them a timber contract and $300,000 in penalties for not having women employed as unskilled laborers.