1 minute read

i-bor

;, BORATE TREATED WOOD

G-P To Sell Distribution Unit

Georgia-Pacific Corp., Atlanta, Ga., agreed to sell its building products distribution business to members of management and investment group Cerberus Capital Management LP, New York, N.Y., for $810 million.

The distribution business agreed to continue purchasing structural panels, lumber and other products made by GP's building material manufacturing division, which the company had also been previously attempting to spin off.

Approximately $780 million from the sale will be used to pay down G-P's debt.

Hi-boro brand treated wood is a borate treated

' oroduct desisned for interior house framing in Hawaii. -ili-bor' treaied wood resists attack by Foimosan and Esubterranean termites and numerous hbusehold insects as well as fungal decay.

.$ffifirePRo' brand interior fire retardant is the construction industn's newest and most advanced fire Drotection svstem for wodd. The unique FirePro chemisn:v i6 a patent pehdins formulaion that coniains no phoqphorou0based cominunds.

All 3,400 distribution division employees were expected to join the new business, including president Charles McElrea.

The deal is anticipated to close in the second quarter.

Steel Framing Gets A Boost

Nearly l07o of all residential structures built last year used steel studs for framing interior walls, according to the Steel Framing Alliance.

Builders cited speed of installation and cost savings over traditional materials as the reasons behind their movement to steel.

One of the largest areas of expansion has been in steel floor joists, which the SFA claims are on average 18 cents per sq. ft. less expensive to buy and install than wood joists.

To help builders make the switch, SFA has released two new installation manuals, the Steel Floor Guide and Steel Wall Guide, complete with an explanation of steel's benefits, recommendations for tools, step-by-step instructions, and construction tips.

Advance Gu*rd'iorate Dressure treated lumber recommended for ioists, stuils, roof fiusses, rafters, beat other lnterio'r'framing and sill plate

P.O. Rox 75 McN{innville, OR 97128

Ph<rnc: 503-434-5450 . F-AX: Ii88-TSO-W()()D (888-876-9(r63)

Call today and. see just tubat Royal Pactflc l.ndustrtes

The Straight Talk On Giuality Lumber

Think all lumber's the same? Think again. That's because from forest to millto lumber yard, we do everything we can to consistently deliver the highest quality lumber. Like using the latest laser technology and optimally kiln-drying it to help keep it straight and true. Why? So when you sell a higher level of lumber-', your customers get the straight goods, and that's good for business.

www.canfor.com

This article is from: