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D&R supplies dimension lumber, precision-trim med studs, cedar siding, shakes, shingles, moldings and many other specialty lumber items throughout the West by the most efficient transport , . rail, truck or ocean barge.

For nearly 70 years Dant & Russell has marketed forest products f rom the Pacif ic Northwest manufactured for the western construction market.

In Southern California, call our representative, A. W. "Art" Neth at872-1280 or 783-0544

2000 S.W. Fifth Ave. Portland, Oregon 97201 226-2311

Nearly 70 Years Marketing Pacific Coast Forest Products

L-P Buys Tillamook Plywood

Louisiana-Pacific Corp. plans to purchase Tillamook Plywood Co., Tillamook, Ore., according to Harry A. Merlo, L-P president and Marshall Leeper, Tillamook president, for more than $2 million cash.

Included are a fully integrated two lathe sanded plywood plant with 100 million sq. ft. annual capacity, related inventories, 7 million board feet of logs, IB million board feet of fee timber and cutting rights in the area.

The new plywood plant is on the same site and next to the sawmill L-P acquired in June from Diamond Lumber Co.

Merger Activity Up Sharply

Merger activity in the building products and materials industry in the first half of 1973 shot tp 617o over the corresponding period in1972, reports W.T. Grimm & Co., a firm specializing in mergers and acquisitions.

Net merger announcements in the category totalled 37, up from 23 in 1972. Overall merger activity in the 40 categories covered numbered 2,198, down llTo from the first half of 1972.

Within the building products category, 437a of all transactions represented divisional sales, compared with 39Eo for first half 1972.

Forms of payment in the building category varied widely from the overall pattern. In first half 1973 overall transactions, where payment information was available, 447o were for stock, 427o for cash, l7o for debt and I37o for a combination of cash, stock and/or debt. In the building category, stock transactions comprised 267o, cash transactions 597o, debt transactions 47o and combinations ll7o. There were a total of 27 building category transactions for which payment information was available.

New Name for AFP Division

American Forest Products' general box div., Fresno, Ca. , has changed its name to the Fresno div., according to gen. manager T.L. Taylor. It is intended to more properly connote the true nature of their manufacturing operations.

Approximately half of their sales are to residential and non-residential construction markets; the remaining half manufactures components of agricultural containers.

Less Wood Framing Used

There has been a decline in the use of wood frame construction and wood siding in one-family dwellings covered under basic FHA mortgage insurance programs, according to the l97l HUD Statistical Yearbook released recently.

Wood frame construction accounted for B9.27oI of houses built in 1965, but declined to 76.4Vo by 1971. Wood siding was used on 9.47o of 1965 houses, but onlv 7.37o in 1971.