Beautiful, Durable & Low Maintenance

Stnrrrl)EK rlecking is ura.ie r)f a firfentcd combinati,rn ,rf rccvclecl pllstics att.l recycletl u'otrtl fil,er that's nrrt rrnlr, crrvrronn'rentally fiicndly, huf so tuuch m()re .lurlrblc than 1vt,..,.1 thrrt it's lirtrrrrlll marntcnancc frec l l;Won't split, warp, rot or splinter like wood jNever needs painting or sealing i R*pels moisture, resists termites iC*n be stained with oil-based products (after curing) i, Cnvironmentalty friendly

Slip-resistant surface Competitively priced

Western Bullding Material Association has scheduled district meetings for May 3 in Tacoma and May 4 in Sequim, Wa.

Western Hardwood Association has compiled its program of speakers for its annual meeting Junc 17-20 at Sunriver, Or.

Kay Gabriel will cover legislative matters with an emphasis on salmon; Glenn

Ahrens, with an educational program for private landowners; Ludwig Rabold, addressing grading rules, and Kim Brown and Steve Lippicott, speaking on cash management, positioning a business for expansion, and business succession planning.

Lumber Association of California & Nevada will hold an insurance trust meeting May 19-20 at Harrah's, Stateline, Nv.

Bankrupt TreeSource Building ltself Back Up

After paring back operations, TreeSource Industries, Inc., Portland, Or., is now increasing production at several facilities on its hopeful way toward emerging from Chapter I I bankruptcy.

Although the company did suffer a net loss of $1,538,000 for the quarter ending January 31, the loss was less than half the amount lost during the same period last year. As well, net sales rose 357o from the previous quarter to $59.5 million. compared to a year earlier, lumber sales volume was up l9%o and revenue per unit of lumber sold was up l3Vo.

Consequently, TreeSource has increased the number of shifts at some of its mills, resulting in increased asset utilization and operating efficiencies. "We continue to focus on beginning the process of updating our facilities, and selling non-core assets to pay down debt," said TreeSource president Jess Drake.

The firm auctioned off mill equipment from Sedro Woolley Lumber Co., Sedro Woolley, Wa., and Philomath Forest Products Co., Philomath, Or., and is looking for buyers for the land.

Three intact mills also are up for sale: the shuttered fingerjoint mill Midway Engineered Wood Products, Corvallis, Or.; Pacific Softwood Co., Philomath, which is used sparingly for small, special jobs, and fully operating sawmill Burke Lumber Co., West Burke, Vt.

TreeSource will retain the other seven operating facilities in Oregon and Washington.

The company, operating as a debtor-in-possession since filing for bankruptcy Sept. 27, is awaiting a court answer on its proposed reorganization plan, which includes cancellation of the company's current classes of common and preferred stock.

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