Btij ll E

Cb. 's yard for $3.4 million as part of a redevelopment; the business will relocate to KnottAve. and Garden Grove Blvd. . .

Anniversaries: Sl/vera Lumber & Hardware Co., Antioch, Ca., 50 years; Tualatin Valley Builders Supply, Lake Oswego, Aloha and Gresham, ar., 42 years: fVorthwesl Lumber Inc.. Lebanon, Or., six years Home Lunrber Co., Lewiston, Id., is closing after 69 years

Kaibab Indusrrics, Phoenix. Az., will move [{q. for Kaibab Distributian Co. qf Colorado (formerly Kaibab Distribution Co.) from Phoenix to Englewood. Co., Joe Kerschen, pres.

Fibraboarri Corp.. C'oncord, Ca., has completed the sale of its Round Prairie. Or.. studmill lor $5.4 million to a group of Roseburg, Or., investors including Bill R. Woods..

Willamerrc Inriusrries, Inc.. Albany, Or.. plans to sell its lndustriol Wood Products Div. at Woodburn, Or. . ITT Rayonier is opening a building products marketing div. in Seattle, Wa., Richard Lyons, mgr....

Weyerhaeuser Co. isnow the exclusive sales agent for Oregon Cedar Products,Springfield, Or. . Universal Forest Products has acquired Arcata Planing and Dry Kiln, Inc., A.rcata, Ca., (see p. 30 for slory) . .

WTD lndustries, Inc.. Portland,:Or., is building a high-speed, high-recovery stud mill at Tillamook, Or., for May 1990 start-up WTD's Silverton Forest Products Ca. mill will resume operation Oct. I after extensive improvements.

The Merchant Magazine

The Kelteher Ctrp. is relocating its Chino. Ca.. DC on Oct. I to an 80,000 sq. ft. plant at 10205 San Sevaine Way, Mira Loma, Ca. 91152 . . Cal Stare Forest Products, Anaheim, Ca., plans to open a branch office in Grass Valley, Ca., the second quarter of 1990.

Anterican West Tintbar has been opened in Boise, ld., by David Jones with David Soule andJudy Sterrett on staff. . Humbaldt Lumber Co. has opened in Elko, Nv., Mike Rinard, mgr., Steve Teeter, asst. sales mgr.

Goldcn Statc Hardwood has moved to 6700 S. Alameda St., P.O. Box 263"1 , Huntington Park, Ca. 90255: telephone and fax number stay the same Perry H. Koplik & Sor.s, irc. has moved to new offices at 200 S.W. Market. Suite I870, Portland. Or. 97201 ...Finland Color Plywoad Co. is a new marketing firm in Los Angeles, Ca. . .

C on t i nen ra I Ha rrltrood,seattle. Wa., has opened a 30,000 sq. fi. distribution yard in Sacramento, Ca... Lumber Marketing Services has been opened in Hope. ld., by Jamie Emmer

Bonnington Lumber Co. has moved from Orinda, Ca., to Walnut Creek, Ca. . Santa Fe Forest Produc.ts has moved from Montebello, Ca., to Riverside. Ca....

Wood shingle manufacturers have gone to court to overturn a new City of Los Angeles, Ca., law banning shakes and shingles; the industry loss: $50 million ro $100 million.

Fked mortgage rales arc on their way up to l lolo, some economists say, although they expect them to drop to about 9.75olt later in the year . .

Housingstarts were up 0.80/o in July (latest figs.) to a seasonally adjusted annual rate of 1.43 million . . . single family starts climbed 6.3%; multi family starts fell 14.1s/0... building permits were down 3o/n