Palco Agrees to Headwaters Deal At llth Hour

Minutes before a midnight deadline, Pacific Lumber Co. parent Maxxam Inc. agreed to a $480 million sale of the 3.500-acre Headwaters Forest and adjoining timberlands in Northern California to the state and federal governments.

The federal government's authorization to spend $250 million expired midnight March l. Just three days before, Palco had backed out of the deal, claiming that its terms would not have allowed sufficient harvesting to maintain economic operations, forcing hundreds of layoffs.

Pacific Lumber president John Campbell said the company needed to log at least 210 million bd. ft. a year to remain viable. When government officials initially estimated that the new Habitat Conservation Plan included in the Headwaters pact would limit Palco to 138 million annually, Palco walked away. After further meetings, officials revised their estimate to 179 million, while Campbell forecast that the agreement would, in fact, allow Palco to harvest close to 200 million M. ft.

State and federal officials maintained that terms of the deal had not been altered, only clarified.

Under the agreement, approximately 10,000 acres transferred to public ownership and strict 5O-year guidelines went into effect for protecting water quality and wildlife habitat on over 200,000 surrounding acres that are still owned by Palco.

Federal and state governments will pay $380 million and possibly an additional $l0O million over the next five years for two other parcels.

Treater Expands Decking Line

Exterior Wood Inc., Washougal, Wa., a supplier of preservative and fire retardant-treated products, has expanded its non-treated decking line.

In addition to a large inventory of Wolmanized treated wood, Exterior Wood now stocks Alaskan yellow cedar, western red cedar, ClassikDek premium cedar decking, and Rhino Deck hardwood decking.

"Although treated lumber is the number one choice in outdoor applications, we wanted to give our customers every option," said Kim Eickerman, manager of sales and marketing.

How can Pac-BorrM lumber simplify your life? According to dealers, Pac-BorrM lumber and plywood has the best yardability of all waterborne treated woods. And since two inch or less Pac-BorrM lumber and plywood achieves near 100% penetration, there is no need for field treatment of sawn ends. Workers also need take no more precautions than they would when handling untreated lumber. The active ingredients are not listed under California's Prop. 55, so consumer warnings are unnecessary. And every charge of Pac-BorrM lumber and plywood is certif ied by an independent inspection company as having reached penetration and retention standards. Please call Pacific Wood Preserving at 651-833-0429 (Calif.) or s20-466-7801 (Arizona) for a brochure and complete information packet. Not approved for use against Formosan Termites at .17 8203.

Pac-BorrM lumberand plywood has been treated with Tim-bo@ wood preservative, an EPA registered boron based wood preservative from U.S. Boru, Inc. containing the active ingredient Disodium octaborate Tetrahydrate (DOT). Tim-borrM is a registered trademark of U.S. Borar. When proper retentions are attained, it is an effective wood preservative againsi rot and pests. Pac-BorrM lumber and plywood is available only through authorized dealers and distributors of Pacific Wood companies in Bakersfield, California and Eloy, Arizona.

DOT is listed under American Wood Preservers' Association (AWPA) Standard P5-95 for waterborne preservatives; the treatment of Coastal Douglas Fir and Hemjir lumber is listed under AWPA Standard C31-95. The treatment of Southern Pine and Douglas fir plywood is listed under AWPA Standard C9-96. The International Conference of Building Officials (ICBO) Evaluation Service, Inc. Evaluation Report No. 4890 describes the preservative treatment of Spruce Pine Fir (SPF), HemJir and Douglas fir. Pac-BorrM lumber and plywood is effective and is available at competitive prices.

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Just asl-- our valued customers, The Pacific Wood Preserving Gompanies

Pacific Wood Preserving of Bakersfield: 661-833-0429

Arizona Pacific Wood Preserving: 520-466-7801

Pacific Wood Containers: 409-398-5745