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Roof Settlement Tentative

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FRED C. HOLMES

FRED C. HOLMES

According to a story breaking in The Wall Street Journalin early July, a tentative agreement has been reached between more than 70 insurance companies, home builders. chemical treaters and plywood manufacturers to contribute money to a revolving fund for out of court settlement of allegedly defective fire retardant treated plywood roof cases.

However, the companies involved, including Hoover Treated Wood Products, Osmose Wood

Preserving Inc., Georgia-Pacific Corp. and Weyerhaeuser Co.. have declined to comment, citing an agreement for confidentiality until the agreement is signed, probably by Sept. 30.

A spokesperson for one of the companies involved expressed surprise that Washington attorney Kenneth Feinberg, mediator for the settlement, had discussed the proposed settlement, adding that he felt his comments were premature.

The voluntary agreement would result in about 700/o of the replacement costs for defective roofs being paid by those who developed or sold the chemical formula or treated the plywood. Builders, warranty companies, plywood manufacturers and wholesale and retail distributors would pay the rest with the exception of $250 paid by the homeowner or homeowners' association.

According to Feinberg, a few companies are balking at participating in the settlement. No determination has been reached on how much money each party or its insurer will have to contribute. He pointed out advantages for companies that participate, including a provision that those who refuse to take part may be sued for their portion of the costs.

Under the agreement, an administrator would handle the complaints with roofs being inspected to determine the amount of replacement or repair needed.

HomeGlub Enters Outer Space

Switching from telephone lines to a satellite is expected to save money, increase efficiency and speed up customer checkout for HomeClub Inc., Fullerton, Ca.

A six store test in May and June cut computer response time on inventory management and credit card approvals by 500/0, Jim Orr. data center director, said. "We can do more transactions out of the warehouse, which hopefully will get customers through more efliciently and easier."

HomeClub has signed a five year contract to lease satellite time for their 70 warehouse stores from Hughes Satellite Network.

Fibreboard Names New Chief

John D. C. Roach is the new chairman, president and chief executive officer of Fibreboard Corp., Concord, Ca., succeeding Lawrence C. Hart, who resigned June 18.

Roach comes from Manville Corp., Denver, Co., where he was executive vice president as well as president of its Mining and Minerals Group and president of Celite Corp., a Manville subsidiary, and former president of Manville Sales Corp. and the Fiberglass and Specialty Products Group.

In discussing his qualifications, Philip R. Bogue, interim board chairman at Fibreboard, said, "He has an operating background in the insulation business and great exposure to the wood products industry in total. In addition, his association with Manville has provided experience with asbestos litigation, a crucial area for Fibreboard."

Roach commented that Fibreboard has "achieved impressive results. in managing its asbestos situation. I look forward to working with the existing management in im- proving the company's performance." Fibreboard, which closed its Arrowood operation in Roxboro, N.C., last month, has been under pressure from stockholders to improve profits.

R&R Spending Up

Despite a slack economy, U.S. home improvement and repair spending rose 60lo from 1989's $100.9 billion to 1990's estimated $106.7 billion, according to the U.S. Census Bureau.

With sincere appreciation, we extend a heartv word of thanks to our fine distrihutors for their patronage and for their continuins suDDort of Mever Moulding & Milliork, iic. We trust ihat fhe success each of our distributors enjoys is attributahle, in part, to the friendly service and quality'product they receive trom us.

Snecial thanks also s.o to our faithful silooliers who continud to provide us with qiitity lumber and excelleht service.

Million Foot Club Members

Each year Simpson Timber Company's redwood division in Arcata, Ca., honors customers who purchase a million board feet of redwood lumber or more with membership in the "Million Foot Club".

Bill Scott, sales manager for Simpson Timber, personally delivered the plaques'commemorating this membership to most of the recipients. Also making some presentations were Dave Kaney, vice president and general manager; Haley Bertain, market development manager, and Joel Hamel and Rich Giacone, sales reps.

The long-time members of the "Million Foot Club" include Kelleher Lumber Sales, l9 years, Capital Lumber Co., l6 years, and Sundown Timber Co., 14 years.

MlLl-101{ Foot Club members received plaques from Simpson Timber Co.'s redwood div. in 13 Western states: lll Bill Scott, Simpson Timber Co. sales mgr., Dean Winters, Gene Giesie, Capital Lumber Co., Phoenix, Az. l2l Barbara Caldwell, Capital Lumber Co., Healdsburg, Ca., Bill Scott, Marty 0lhiser, Capital. l3l Fred Snider, Barbara Tilton, Calvin Bushek, Sundown Timber Co., Fallon. Nv. l4l Don Kelleher, Kelleher Lumber Sales, San Rafael, Ca. l5l Jim Slawter, Ziegler Lumber Co., Spokane, Wa. t6l Nancy Lute, Georgia Pacific Distribution, Boise, td. l7l Joe Kerschen, Dick Mill, All Coast Forest Products, Englewood, Co. l8l Alan Boyd, Mark Miller, Meeks Building Center, Sacramento, Ca. l9l Ron Long, Payless Cashways. ll0l Wayne Turner, Weyerhaeuser Distribution, Salt Lake City, Ut. Illl Terry Wold, Dick McKinney, D & T Lath, Arcata, Ca. ll2f Mike Hull, Empire Building Materials, Inc., Bozeman, Mt., Rich Giacone, Simpson Timber Co. sales rep. {l3l Randy Wyles, Bill Beiker, Hugh M. Woods Lumber Co., Denver, Co. ll4l Bruce Jacobsen, Boise Cascade Distribulion, Boise, ld. llSl Fran Arnould, Capital Lumber Co., Albuquerque, N.M. ll6l Steve Culbertson, American lnternational Forest Products. Portland, 0r. llTl Dave Ponts, Mike Roactr, Universal Forest Products, Arcata, Ca. llSl Steve Hollingworth, Capital Lumber Co., Denver, Co. ll9l Larry Stonum, Gary Mierzwak, Lumberlack Building Materials, Sacramento, Ca. l20l Frank Solinsky, Wood Ply Forest Products, Chico, Ca. 12ll Mark Lofland, Capital Lumber Co., Chino, Ca. 122|' Mike Moseby, Kari Biandini, Barry Savage, Ross Muxworthy, Gail Radistock, NorthCoast Redwood & Cedar, Kirkland, Wa. 123l Doug Weaver, Hughes Redwood Co., Redding, Ca. {241 Ron Fields, Plywood Country, Grants Pass,0r. l25l Chris Lynch, Les Simonson, Reid & Wright, Inc., Broomfield, Co., Rich Giacone. 126l Ed Bavless, Hank Feenstra, California Cascade Industries, Sacramento, Ca. 127l Bob Park, Verna Richter, Georgia Pacific Distribution, Fort Bragg, Ca., Dave Kaney, Simpson Timber Co. redwood v.p. & gen. mgr. l28l Dave Winkle, Western Pacific Redwood Products, Arcata, Ca. {291 Dan Bobbins, Western Forest Products, Boise, ld. [30] Bob Haas, Gary Malfatti, Tim Moxie, Gordy Martin, Les LeGaux, Martin Forest

Featuring a pre-baked powder paint coating, the galvanized steel frame is said not to warp, rot or rust. Steel frames also guard against break-ins. And modular, single units are easier to transport to the jobsite,

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