SIERRA PACIFIC INDUSTRIES

8 Northern California Manufacturing Genters

MOULDINGS: Chico Division. Ron Hoppe, Al Ryan (91 6) 343-4451

LUMBER: Redding Sales Division. (916) 275-8812

Sawmills located at Arcata, Hayfork, Loyalton, Quincy, Redding,sloat and Susanville, Ca.

Producing in excess of 400 million feet yearly: Douglas Fir, Incense Cedar, Ponderosa Pine, Sugar Pine, and White Fir. Green & Kiln Dried.

SALES: Perry Adcox, George Rogers, George Sharp, Paul Trueb, Bill Wessner and Sam Witzel.

Latest housing start figures proved to be the Dept. of PIeasant Surprises: 2,099,000 units in June, on a seasonally adjusted annual basis; up about l% from May and 9% ahead of June '77, mtrch to the puzzlement of the experts, who had widely predictedadecline...

Building permits rose a strong 13% in June, after declining in May some ofthe increase reflected Ca. builders getting in under the wire before stiffer energy regs went into effect July l; but permits were also strong throughout the 13 Western states

Single family homes were 1,431,000, 4% below May, but ahead of the year earlier; multis rcse l47o the home builders assn. explained housing's surpris- ing strength as due to buyers seeing homes as their best investment, and likely to cost more next year than now

The FTC has ok'd LouisianaPacific's $60 million acquisition of Fibreboard Corp. without a court challenge upon condition L-P divest all interests in Fibreboard's Rocklin, Ca., medium density fiberboard plant and refrains for l0 years from buying (without FTC OK) particleboard or MDF production facilities

Sept. 2 is the new date for cancellation of the blanket rail rate for lumber shipments to the East, petitions opposing cancellation have been filed, further delays are possible . . the current rail car shortage is now expected to continue in some areas till the end of '78

The U.S. Supreme Court up held a lower court dismissal of gypsum price fixing convictions involving U.S. Gypsum, Ceorgia- Pacific, National Gypzum and Celotex; the 4 firms sell 3l4tlrs of all gypsum board used in theU.S....

L&M Marketing is a new Portland wholesale co., concentrating on industrial sales . . Blevins Lumber Co., Napa, Ca., is a new frm that operates its own remanufacturing plant as well as wholesaling . . . lUickes has purchased Weld County Lumber Co., of LaSalle and Greeley, Co., for an undisclosed sum ,",

Burkey Lumber isa new Lebanon, Or., wholesale firm . . Saratoga Forest Products; Ever ett, Wa., is also a new wholesaler, specializing in Western species . in Portland, Anderson Forest Products has set up shop wholesaling and is operat- ing a reload plant at Westfir, Or..

Diamond International, as a result of their recent merger with LMF Corp., now owns Foster Lumber Co., Pueblo, Co., as well as the King Lumber yards in Ca.'s San Joaquin Valley . . Evans hoducts is reopening its custom-built home plant at.Elk Grove, Ca., closed since '74 ...

Burton lilalker Lumber has just opened its new store in Lay' ton, Ut., . . Formac Panels,Inc. is the new name for ForemostMcKesson Building Products, San Jose, Ca., a new Prudential Insurance survey of l3-Western state businessmen found 79% optimistic about the 3rd quar- ter...

The Japanese have adjusted tlreir lumber standelds to more closely match U.S. grading rules, opening up expnded markets far ftamW lumber; dramatic inereases ane not expected soon M&]4 Builders Supply, Tracy, Ca., had its lst fire in 32 yean; it lost 3 saws, a saw house and 3 t&ts of lumber

Plastmo, ^Izc., has expanded its Eugene, Or., warehouse to 9500 sq. ft. . . construction of new housing units increased 6.5Vo in the opening quarter of '78, compared to the year previous, according to Dodge Reports, which expects '78's volume of construction contracting totop'77by6%...

"ilfuch of the PaciJric Northwest wood products industry could be squeezed out of business by soaring prices for national forest timber, warn American Plywood Assn. spokesmen, noting average cost of all species in Or. & Wa., jumping from $36 mbf in '72 to $ 170 mbf today .

Simpson Timber Co. scientists have developed a new strain of coastal redwood tree that will grow faster, taller and provide higher quality lumber than most naturally occurring redwoods; Simpson officials believe the new strain could possibly increase forest yields by SQ%o

The Environmental Protection Agency, fearing preservatives such as creosotes, pentachlorophenot and waterborne salts may caus€ cancer, is conducting tests to see if or how hazardous they really ,ue; a decision is possible by the end of '78, with relabeling of some possible, a total ban unlikely . .

Pope & Talbot intends to unveil soon a plan for land & timber acquisitions plus new or expanded wood products mfg. capability character-marked hardwoods showed increased popularity at recent furniture shows.