
4 minute read
Mqriner's
Forest Products
Manville Negotiates Reorganization
A committee for asbestos victims and the Manville Corp. are reportedly nearing agreement on a plan for reorganizing the company under bankruptcy law proceedings.
UNDER ROOFREADY FOR MMEDnIE SHIPMENI
MARINER'S
Hordwood Lumber
-The woy you like it
-Rough or surfoced or SLRIE
-Ooks, Birch, Ash, Teok, Mohogonys, etc.
-Alder, Wolnul Pine
Hordwood Plyr,vood
-00k, Ash, Louon, Birch, Teok, Mohogony, etc.
Red 0olr & Pine Mouldings
-Bose, Cosing, Crown, Jomb, Poneling, etc,
Red Ook Sfoirporls
-For outhorized deolers only
Complele Cuslom Mill
- Ploning, Detoil, Ripping, Cut-toLength
-Lorge Librory of Stondord & Cuslom Knives
Fosl, Courteous Service
-PreTollied Ook & Alder Bundles
- Fost Delivery
-Streomlined Will Coll Service
Morine Producls
-Glue
-Morine Plywood: Teok, Fir, Mohogony, Cobin Sole
Plus Much More
-Quortersown 0ok. Honduros
Mohogony
-Aromotic Cedor Shelving & Plywood
-10" + wide 4/4 Wolnut, os long os stock losts
AVAII.ABLE IN ALL POPUI.AR SIZES AND THICKNESSES
The plan would allow Manville to emerge from Chapter ll immune from further asbestos-related claims in exchange for establishing a trust fund that would pay off some of the 16,500 suits. Insurers of the company and Manville stock would fund the trust. Outstanding stock would be diluted by 6-2/3a/o to 8090 by the plan. Chances for ultimately changing the entire management at Manville are strong according to the committee spokesmen.
At present the company, which filed for bankruptcy to escape payment of asbestos claims, owes creditors about $500 million with present and future asbestos claims estimated at more than $2 billion.
European Building Material Data
Companies interested in keeping up with the use of building materials in Europe can now subscribe to a computerized information service offered by Battelle Memorial Institute's Geneva Research Center.
Known as Buildata, the data bank provides market information on both current and future demand for building products and services as well as building activity levels. Belgium, France, Italy, The Netherlands, United Kingdom, and West Germany are covered by the service.
gawnl W Inlpunle Lurtbsr
Hem-Fir Hemlock
Douglas Fir
GREEN or DRY o DIRECT MILL SHIPMENTS o LCL . CARGO .
RAIL o TRUCK & TRAILER o PRESSURE TREATED LUMBER
Yard & Offlcee: End ol Alrport Rd. P.O. Box 723, Uklah, Ca,95482
17071 f08-0t81
Vita Brevis
If you don't stop putting so many old friends in your "obit" column, I am going to cancel my subscription.
I assure you I will cancel it the day my name is among those obituaries and that's for sure!
Not long ago it was Harold Smith and GeorgeV.Johnson (,'I'm not gonna go until I find a way to take it with me"). Last month Sandy MacDonald. Then Norb Bundshuh, George Otto and my old buddy Bill Niesen this month.
Knock it off. You're getting too close to home.
Saw Lowell Kolb the other day. He had a cat€uact operation recently. He and Kay seem to be enjoying retirement as we are. More later.
Robert Sutton
727 S. Sutton Hill Pl. Fallbrook, Ca.92028
NAWLA Art Famed Worldwide
The beauty of redwood and the free spirit of the eagle were selected by the North American Wholesale Lumber Association four years ago as appropriate symbols for the prestigious John J. Mulrooney award which they were establishing at that time.
Since then five outstanding wholesalers have received this highest recognition of their industry, a redwood eagle created by the internationally acclaimed woodcarver Wheatley Allen of Mendocino, Ca.
Each sculpture has been unique with the first four capturing an eagle in flight while the fifth is an eagle posed on a piece of driftwood.
The last sculpture is similar to carvings done by Allen for Secretary of Defense Casper Weinberger as a birthday grft from his wife, Jane. Allen was later commissioned to do the same sculpture in bronze for George Schultz, the Secretary of State, to present to West German President Carl Carstens as a gift from the United States.
Zhao Zyrang, top Communist leader in Beijing (Peking), China, was the recipient of a bronze heron which the White House commissioned Allen to sculpt.
J. Ward Allen, Vancouver, B.C.; Leroy McCormick, Seattle, Wa.; the late Hugh P. Brady, Seattle, Wa.; Louis E Huettl, Minneapolis, Mn., and James K. Bishop, New Rochelle,
N.Y., recipients of the Mulrooney award, now share art in common with leaders of the world.
EPA Formaldehyde Hunt
Lumber and home center dealers will undoubtedly feel the effect of the Environmental Protection Agency's decision to regulate formaldehyde off-gassing from construction materials used in both stick and manufactured homes.
In a reversal of policy set in 1982 when they concluded that formaldehyde exposure offered no health hazard, the EPA will investigate exposure to and health problerns of persons living in homes where fiberboard, particleboard, plywood, laminates, paneling, urea formaldehyde foams and moulding compounds containing formaldehyde-based resins have been used.


ELECTI0N time for the Los Angeles Hardwood Lumbermens Club, held at their June meeting in Long Beach, Ca., produced Dave Walther, pres.: Rob Kincaid, v.p.; Pete Bower, treas.: sgt. at arms, Mark Michie;social chairman, Vince Cortese; Ken Tinckler, resident scribe. (1) Dave Walther, Jerry Lapin. (2) Ken Tinckler, Greg King, Clint Bower, immediate past president. (3) George Cauditl, Chartey Bohnhoff, Alan Bohnhoff. (4) Mark Michie, John Buchanan, Paul 0'Donnell. (5) Gale Daugherty, Larry Knox, Tom Powell, Ed Slatlery (6) Jim Beck, Don Reel. (7) Bill Lamb, Charlie Jordon, Stan Swafford. (8) Howard Scott, Dennis Johnston. (9) Jack Buchanan, Jay Abele, Rob Kincaid.
European D-l.Y Sales Grow
A penchant for building furniture from kits and the desire to make homes more energy-efficient will lead the do-it-yourself products industry to $33.2 billion sales in Europe by 1988.
Frost & Sullivan forecasts growth of 26Vo between 1983, when sales were $26.3 billion, and 1988. In 1984, $28.3 billion is the expected demand. (Constant 1982 dollars are used in all the forecasts.)
In general, home energy conservation products like double-glazing systems and electronic control kits are likely to prove the fastest growth area with l39o per annum sales gains forecast.
Furniture and other build-it-yourself kits will be the second hottest sector, expanding by more than 790 annually, second only to paints in size.
Paints will roughly parallel the overall market's percentage gains between 1983 and 1988. Wallpaper, the third largest segment, will grow at the slowest rate, 3.5V0 per annum.
By country, West Germany is by far the largest market, worth $8.9 billion in 1983, but it will grow more slowly than the U.K., France and others. ln France, a $5.9 billion market, home decorating goods will do particularly well because there is a large stock of second homes. In the United Kingdom, d-i-y as a proportion of all private spending is seen likely to grow faster than in West Germany. Consumption in the U.K. was $5.6 billion in 1983.
Ireland, Greece and Italy are relatively underdeveloped in d-i-y and thus are expected to grow faster than average.
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