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Merger Activity Up

Merger/acquisition activity in the building products and materials industry increased 120/o in 1984, according to W.T. Grimm & Co., merger and acquisition consultants.

The industry ranked 28th on the firm's SO-industry list, as the number of transactions rose ftom 26 in 1983

Trees Are Here To Stay

The belief that the world's tropical forests will be gone by the year 2020 is false, according to scientists Marion Clawson and Roger Sedjo of Resources of the Future.

The actual deforestation rate is about a third of that previously re- to 29 in 1984. The industry ranked 34th for the year in terms of dollar values, rising from $268.4 million in 1983 to $621.2 million in 1984.

U.S. Gypsum Co.'s 1984 acquisition of Masonite Corp. for $377.9 million was the largest transaction in the industry's history.

Martin Leaves Dealer's Assn.

John Martin has resigned as executive vice president of the National Lumber and Building Material Dealers Association, Washington, D.C. Harry Horrocks, director of government affairs, is filling in for him as acting executive vice president.

Martin, who left the NLBMDA position Sept. 30, is now with the Dairy and Food Industries Supply Association in Rockville, Md., as executive vice president.

ported, they said, citing a U.N. survey which utilized satellites and other advanced techniques to document the problem in 76 countries.

Deforestation rates are low in the world's virgin tropical areas and least severe in the most biologically fragile forests, they said.

Statue of Liberty Restoration

Black & Decker (U.S.) Inc., an official supplier to the Statue of Liberty restoration, has developed a special tool to assist in the removal of rivets from the statue's skin. The tool reduces the possibility of the drill bit accidentally marring the skin's copper surface or drilling more than is necessary to remove the rivet.

"Everyone involved with the Statue project is understandably concerned about doing anything which might in any way damage the original surface," commented Kenneth R. Wells, group vice president, U.S. Power Tools

Group. "Over 100,000 rivets will need to be removed, and some are located in difficult areas. However, we felt we could come up with a tool that would minimize the risk and also save time."

The tool developed essentially is a locating collar which fits over the raised rivet-head and automatically centers the drill bit on the rivet. A stop mechanism prevents the bit from drilling any more than is necessary to remove the rivet.

Next a special tool to install the new rivets for the statue will be developed. Black & Decker has donated power tools, accessories and product service to the restoration.

William Morrow, Morrow & Sons, Lawson, Mo., a past president of the NLBMDA, has been named chairman of a search committee established to find a replacement for Martin.

Opinion of Forestry Falls

The public image of the forest products industry is declining, according to the first public opinion study on it in three years.

A nationwide poll conducted for the National Forest Products Association and the American Forest Institute by Mathew Greenwald and Associates, Inc., showed 69s/o of the respondents thought companies planted and harvested in an economically sound way, down from 8790 in a 1982 survey.

In 1982, 578/o considered the nation's timber supply secure, while today only 4990 share this view. Similarly, three years ago 6390 thought the industry did a "good job" replanting and now 5790 give this answer.