
3 minute read
GALENDAR
November
Lumber Association of Southern CaliforniaNov. 13-16, annual management conference, Spa Hotel, Palm Springs, Ca.
Rogue Valley Hoo-Hoo ClubNov. 14, Lumbermen's Lunch, Medford, Or.
Wood Moulding & Millwork Producers AssociationNov. 14-15, lumber grading seminar, Albuquerque, N.M.
National Decorating Products ShowNov. 15-[ McCormick Place, Chicago, Il.
Canada/Wood ExpoNov. 15-17, Palais Des Congres, Montreal, Quebec, Canada.
National Lumber and Building Material Dealers Association/ Western Building Material Association-Nov. 1G20, joint convention/building products showcase, Westin Hotel and Seattle Center Exhibition Hall, Seattle, Wa.
National Forest Products AssociationNov. 1?-20, annual meeting, Century Plaza Hotel, Los Angeles, Ca.
Asian Plywood Manufacturers ConferenceNov. lE-20, conference, Hotel New Otani, Tokyo, Japan.
Wood Markets: Alternatives to Residential Construction s€minarNov. 1E-20, sponsored by the Forest Products Research Society, Portland Marriott, Portland, Or.
Interbuild International Building & Construction Exhibition - Nov. 24-30, National Exhibition Centre, Birmingham, England.
December
Diehl Lumber Products ShowDec. 6, Salt Lake City, Ut.
Young Lumbermen of ArizonaDec. 7, dinner & dance, Phoenix, Az.
Society of American Wood Preservers, Inc.Dec. 1(F12, annual meeting, Stouffer Concourse Hotel, Crystal City, Arlington, Va.
Rogue Valley Hoo-Hoo ClubDec. 17, Christmas shopping tour, Medford, Or.
January
Dub's Ltd.Jan. 17, golf, Marin Golf & Country Club, Danville, Ca.
National Association of Home BuildersJan. 17-20. convention & exposition, Dallas Convention Center, Dallas, Tk.
February
National Wood Window & Door AssociationFeb. l-5, annual meeting, Marriott Hotel, Marco Island, Fl.
Constructa 'E5 HannoverFeb. Lll-19, international building trade exhibition, Hannover Fairgrounds, Hannover, West Germany.
Home Center Loss Prevention ConferenceFeb. 17-20, Fort Worth, Tk.
Oregon Logging ConferenceFeb. 2$,22, Eugene Hilton, Eugene, Or.
March
Clinic & Machinery ShowMarch 5-l sponsored by Forest Industries, Memorial Coliseum, Portland, Or.
Mountain State Lumber and Building Material Dealers AssociationMarch 5-E, lumber dealers ski retreat weekend, Lake Dillon, Co.
Western Wood Products AssociationMarch 11-14, spring meeting, Westin St. Francis, San Francisco, Ca. Canada/Wood 'E6March 2l-23, exposition, Palais des Congres, Montreal, Quebec, Canada.
Sunrise Restructures
Sunrise Forest Products, Lake Oswego, Or., (Portland) and Parr Lumber Co., Chino, Ca., have agreed to an amicable dissolution of their two year me rger, according to Darrell Robinson, Sunrise President. Parr Lumber is again a separate company owned by its iounder Pete Parrella, who noted that the change is a positive one that will make both comPanies stronger. Parr will remain in "vholesale distribution and direct sales, heavy to panel products. The HGH Lumber Sales division of Sunrise is now a part of Parr Lumber. HGH was founded by Larry Holquin who remains with Parr.
Palco Rejects Higher Bid
Pacilic Lumber Co., San Francisco, Ca., has accepted a $40 a share acquisition bid from Maxxam GrouP lnc.,a New York investment partnership, turning dorvn a later offer of 5912 million from an unidentified private company. The Maxxam offer is valued at $870 million.
Robert Sanders, the otvner of RSG Forest Products, Kalama, Wa., is now a stockholder in Sunrise. Sanders owns Estacada Lumber Co. , Estacada, Or Olyrnpic Forest Products, Mist, Or', and Gram Lumber Co., also in Kalama. He is also the Prcsident of Beaver Lumber Co. in Clatskanie, Or.
The change allows Sunrise to concenrrate in tlre production area completely, specializing in their successful national home center board and furring strip products. Sunrise is closing its Lake Osrvego office to move corporate headquarters to its Spokane, Wa., production plant. ln July it closed its Portland. Or.. distribution center and completed and because the board had concerns that if the $40 a share was not accepted, Maxram would go ahead with a takeover based on its earlier 538.50 a share offer. late last month sold its Modesto, Ca., rvholesale facilit"v to Thunderbolt Sales. Inc. The sale concludes Sunrise's participation in wholesaling activities. Thunderbolt plans to continue to wholesale with emphasis focused on the home center industry in Central and Northern California. and that "shareholders shouldn't be stampeded." They are suing to stop Marxam's bid.
Interestingly, Sunrise stockholders Robinson and Sanders earlier were partners of a different sort when they played for the University of Oregon v. Southern Methodist University in the Cotton Bowl game of 1949. Robinson was an end, Sanders the fullback in Oregon's unsuccessful attempt to beat the powerhouse SMU team of that year.
Members of the MurPhY familY' descendants of a former chairman of Palco. are opposed lo the Maxram offer. A family spokesman said that the long tcrm value of the comPanY is substantially higher than $40 a share
Despite reports that some directors dissented from approving the offer and that some shareholders were planning to sue the Palco management, a Pacific Lumber Co. sPokeswoman said the vote by the board was unanimous and that the comPanY had received no shareholder lawsuits.