NEWS BRIEFS

Retailers

San Joaquin Lumber Co., Stockton, Ca., and its branches in Tracy and Manteca, Ca., are for sale; the firm is 86 years old ...

South Hill Home Center has opened a 16,000-sq. ft. store in Bonners Ferry, Jd.; Gary and Lynn Rhoads, owners

Meek's Builders Choice has acquired Serv & Save Lumber, Yreka, Ca., as its 13th western location

Jolley Building Supply moved to a new 12,000-sq. ft. store with 30,000-sq. ft. warehouse in Shelley. Id.

Eagle Hardware and Garden opened a 132,000-sq. ft. store in Tacoma, Wa., and is considering its first Idaho location, a 112,675sq. ft. building with 61,125-sq. ft. lumber yard and 5,600-sq. ft. greenhouse on 13 acres in Coeur d'Alene ...

Home Depot opens a new store May 22 in Hemet, Ca.; plans a second Idaho location, a 105,000sq. ft. store with 24,000-sq. ft. garden center in Coeur d'Alene, by 1999; will co-anchor a planned 36-acre entertainment/retail complex in Van Nuys, Ca.; is selecting a site in Bend, Or.; appealed to modify permitted noise levels for its store in Boise, Id., and dropped its fight to rezone a Bellingham. Wa., site for a 110,000-sq. ft. store with 24,000-sq. ft. garden center, but may pursue a new location in the city ..,

Hame Depot will start construction in August on its first Alaska location, a 130,000-sq. ft. sfore with 14,000-sq. ft. garden center in Anchorage; will open its first eastern Washington unit in October, a 105,7}4-sq. ft. store with 24,103-sq. ft. garden center in Spokane, and is fighting an appeal from Cupertino, Ca., residents to stop development ..rf a 130,000-sq. ft. store .,.

Cocst to Coast moved from an 11,000-sq. ft. store in Madras, Or., to a 33,000-sq. ft. unit, the nation's largest Coast to Coast

All American Home Center, Downey, Ca., held a grand opening for its new nursery and west side entrance

Riverside County Lumber. Riverside, Ca.. wai given the Small Business Eagle Award by the Greater Riverside Chambers of Commerce

Pine Tree Lumber Co., Escondido, Ca., donated $14,000 worth of lumber to the citv for a skate park

Wholesalers & Manufacturers

Siskiyou Forest Products, Woodland, Ca., has bought P&M Cedar's cut up facilities in Anderson, Ca., but not its mill; Siskiyou is now fingerjointing and edge gluing

Sierra Pacific has purchased the assets of Georgia-Pacific West .Inc.'s Martell, Ca., operations for approximately $320 million

Allied Cedar Products, Hillyard, Wa., suffered $250,000 in damages in a fire of unknown origin thar gutted its 10,000-sq. ft. warehouse; fire destroyed the same warehouse July 13

Snavely International , San Francisco, Ca,, has moved to new offices at 131 Steuart St....

Harwood Products 1nc., Branscomb, Ca., has joined the Califurnia Redwood Association

Taylor Lumber Services, Inc., Grand Terrace, Ca., has expanded its warehouse, distribution and reload facility, purchasing another five acres, with desiens for an additional 655 ft. of tiack and a possible 50,000 sq. ft. of extra covered storage

Superior Window, Ontario, Ca., has purchased Beach MiLlwork, Ontario, from Ken Tumquist,who has joined Superior

Tri-State Laminating, Ontario, Ca., a division of Landmark Building Products, San Bernardino, Ca., has added a high-speed glue spreader and two new laminatrng presses

Rentech, /rzc. has purchased the assets of Okon, Inc., Lakewood, Co., coinciding with the retirement of Okon founder and pres. Paul Miller

Owens Corning has acquired foam products manufacturer Falcon Manufacturing of California, Inc., Los Angeles, Ca.; terms were not disclosed

Wood Flooring Distributors, Hayward, Ca., is now a distributor for Bruce Hardwood Floors

APA-The Engineered Wood Association with International Approval Services will offer ISO 9000 and ISO 14000 certification services to APA members ...

R.E. Taylor & Associates Ltd. has moved to larger offices in Vancouver, B.C.

National Association of Home Builders' annual Builders' Show has been renamed The International Builders' Show

Anniversaries: Forest Products Society,50th .. Craftsman Millworks, Inc., Cerritos, Ca., 5th Taylor Lumber Services, Inc., Grand Terrace. Ca.. 4th

Housing sfarts in March (latest figs.) plunged 6.4Vo to a seasonally adjusted annual rate of l 43 million, the first decline since December ... single*family starts dropped 8.37o, multi-units climbed 7 .3Vo ... starts in the West rose 2.5%o ... permits dropped l.5vo to an annual rate of 1.423 million.

G-P Head Sees Pay Plummet

Annual compensation for GeorgiaPacific chairman, ceo and president A.D. "Pete" Correll fell 547o last year, as company earnings plunged 857o.

In 1995, Correll received $962,000 in salary and a $1.3 million bonus. In 1996, he earned $1.05 million in salary, but no bonus. He also received $209. 153 in additional compensation. such as dividends, and 113,500 stock options, current value: $2.2 million.

Company profits, hampered by a struggling building products distribution division and a steep drop in pulp and paper price, fell from $ 1.02 billion to $156 million last year.

Sears May Take OSH National

After acquiring San Jose, Ca.-based Orchard Supply Hardware last year, Sears, Roebuck & Co. was expected by many to eventually remake the 65 California stores in the image of their 165 Sears Hardware stores. Now expect the opposite.

In mid-March, a Sears Hardware in Delaware (Columbus), Oh., reopened with the Orchard name and merchandise mix. Nine other Sears Hardware stores in the area are also beins remodeled, receiving small appliances, housewares and nursery sections, and will get the Orchard name May 17.

If the test is successful. the name and format likely will be expanded nationwide.

In the meantime, Sears has altered its aggressive expansion plans for

OSH, placing on hold indefinitely plans to break into new markets. Instead, to make advertising and distribution more efficient, more stores will be added in markets that OSH has entered but not saturated. such as the Los Angeles area.