3 minute read
Fair Airing
New Idea From
Leading Manufacturer
Component Saws For The Home Building Trade
This combination teaman ldaco Rip Saw with an ldaco Texturing Attachmentallows simultaneous rioping and roughing in one operation to give the finish effect so popular in modern constructio0. lt eliminates the necessity for re-sawing and adds the savings to your production profits. Why not inquire about it today? Address
SP0RTS DAY for San Joaquin Valley Hoo-Hoo Club at the Madera Golf and Country Club, Madera, Ca., drew a large crowd. (1) Del Johnson, who tied for low net in the qolf tburnament, with Terry Huntsman, pres. (2) Dan Burdino, iack Lano, Tom Lonq, Terry pres. (2) Dan Burdino G;ri Lo ns ; i tiuit-wi r-r's,'lian ii n s -(Jj'idoii t\,iv-eii, i r., i b i6ii: field, Jerry Baldwin. (4) Gary Long and Jerry Oe0ou, first place Jerry'Oe0ou, place winners. (5) John Jilderda, Damon Bailey, Gary Johnson, Don Johnson, around table. (6) Randy Austin, Pete Moen, Gary Stein- hardt, Wayne Cook. (7) Larry Ritcheson, John Peoples, Pete Moen, Dave Pierce. Joe Garfield. Garv Steinhardt. Tom Toth.
Garv Steinn,todn', ijiii'pil;d, _i;6 Girriero, eirv Ste'innirot, foii'Toih;
Financial Management Goals
Flexible credit policies can be the answer to high borrowing costs for some companies, making it possible to tighten up without initating good customers or losing sales.
Credit can be more liberal for high-margin products than for low-profit items. When customers cannot be approved for credit, encourage bank letters of credit, personal guarantees, consignment sales, partial shipments, or liens on assets.
Give volume discounts only when payment is prompt. Keep your bad-debt ratio close to the industry average.
will not change is to personal contact and to continue to emphasize service, quality and competitive prices.
Barge Service to Valdez, Ak.
Pacific Western Lines now has scheduled monthly service to the Alaskan Port of Valdez from Seattle, Wa.
David W. Effenberger, v.p. and gen. mgr., points out "The Port of Valdez is coming of age again with rapid growth and we want to be part of that growth. Valdez hasn't had a regularly scheduled water freight service since the pre-earthquake days, not even during the pipeline years. We are going to change that situation."
The company expects to acquire two additional barges. Containerized and breakbulk delivery with roll on and roll off capability, specializing in overweight, oversized, and hard-tohandle cargo, is provided. The line also has barge service to Anchorage, Cordova, Bethel and Seward, and truck service from Fairbanks and Anchorage.
Bel-Air Acquisition
The Bel-Air Door Co. has begun production of a new fire door at their newly acquired plant in Portland, Or., according to company president Samuel Fineman. Bel-Air headquarters are in Alhambra, Ca. The door being produced is believed to be the only panel door produced in the United States to qualify as a 20 minute label fire door. It carries the WarnockHersey fire label and comprises the bulk of the plant production.
Bel-Air purchased the plant from Herb Warwick of Vanport Industries and Wilford Gonyea of Timber Products Co. No sales orice was disclosed.
NFPA On Housing, Finance
Housing, mortgage finance, inflation and the economy got attention at the recent spring meeting of the National Forest Products Association at Washington, D.C.
Review of other prime industry issues included: expansion of a cooperative rural housing program, National Forest timber sale extension policy, industry action to deal with National Forest land management planning, boosting productivity on private forestlands, restrictions on herbicide and chemical use. impact on wood construction of the proposed Building Energy Performance Standards (BEPS) of the U.S. Department of Energy, a leadership role for industry in policy development on use of forest biomass as an energy source, and clearing the way for export of more
The wood and fiber products to assist in the national balance of payments.
Jay Janis, chairman of the Federal Home Loan Bank, told the group it will take time to turn around mortgage interest rates, but when they reach l2-1301' the nation will see "positive improvement" in home buying and building. The long-range outlook for home building for the 1980s. he said, should be to demographic trends and the expanding formation of households.
Snlder Merges wlth Nikkel
The merger of Snider Building Products, Inc. with the Nikkel Corporation, both based in Sacramento, Ca., has resulted in Snider becoming a separate operating division of Nikkel, continuing in their present location on Bowling Dr. in Sacramento.
Snider Building, with a remanufacturing plant in Pueblo, Co., markets packaged nails, roll wire products and fencing sold under the trade name of "Tote Pac"; is the western states distributor for CF&I Steel Corp.; and represents Steel City Corp. of Youngstown, Oh.
