ORIE]IIED SIRA]ID BOARD

Engineered To Work In These Apptications

Roof Sheathing Sub Flooring/Underlayment

. Stair Treads o Lamination Substrate

. WallSheathing . Shelving

. D.l.Y. Projects o Crating . Pallets

Engineered To Incorporate These Speciat Features

Designed with a 3-layer perpendicular orientation for added strength, stiffness, and dimensional stability.

Constructed in thickness from Ya" lo11/a" and in panel sizes up to 8' x 24j o Guaranteed Knot free, Void free and Patch free.

Designed in one gradereplacing several grades of plywood.

. Engineered with a solid core.

Furman Lumber, a coast to coast distributor of quality lumber products introduces Sturdi-Wood from Pelican Mills. This state of the art Oriented Strand Board is ideally suited for residential and industrial construction, plus a wide variety of do-ityourself applications. Furman Lumber has many years of experience in this new generation of structural panels and is confident that this improved OSB product will play a significant part in the dynamic growth of the western construction industry.

. Designed to cut, drill and naileasily. Formulated with a non-Urea exterior glue (Phenolic Resin).

Designed to be at least equalto plywood in every way.

39 PEL|CAI niUJ Seemstobecompatiblewithmyneeds.

! Please send me a Sturdi-Wood sample. ! Please send me more information on Sturdi-Wood. I ! lwould like the following additional information on Sturdi-Wood:

Vigorous wood market in 1985

corne in comntcrcial projects and d-i 1 high interest rates threatcn to slow the housing nrarket in 1985, lrrmber volumes going into the rnarketplace uill not nccessarily follow suit. Other nrarkets for lun'rber besidcs housittg are most likcly to sho"r' promising gains during the year.

Total dcrnand l'or softucrod lumber in thc United Statcs is forecast al 36.7 billion board fect in 1985, down just 2%r from 1984's anticipated lei'el. Of that demand, domestic producers will manufacture 24.8 billion board ieet while imports, mostly' frorr.r Canada, are erpectcd to total I I .9 billion board feet.

WWPA's forecast for lunrber used in home building next year is based on 1.65 million housing starts in 1985, down from the erpcctcd l il million units to be built in 1984. Lumber used in residential construction is expectecl to make up 39.5ore ol lumber consumption in 1985.

Despite thc tumblc in residential consumption, other markets for lurrber arc looking up. Lumber used in repair and renrodeling is erpected to increase nearly'290 to 8.4 billion board feet. Much of the increase n'ill

An increasc in denrand lbr industrial pallets and craling should inlprcr'e the malcrials haltdling tttarkct.

\{'c erpect this category' to shou a 3.5070 incrcase to nearlr'4 billion board fcct. Improvcments in the markets for firrniturc and othcr consufiler products, plus increased rlilitarl bui'ing should spur the "olher uses" consumption of luntber bl 3.50b in 1985.

Tlic strength ol'thc U.S. dollar rvill have an impact oll cxports o1'lurriber in 1985. This rear. c\porlr are alllicipated to rcacli only l 6 billion board feet. That total is forecast to rise 3o/o in 1985 to 1.65 billion board leet. If the value of the dollar falls, making the price of U.S. lumber abroad more attractive, the erport market rnay inrprove f'urther during tl'rc .vear.

The direction of interest rates u'ill again bc a delerrnining factor in the

Story at a Glance

Totaf softwood demand oll2Yo ...nonhousing markets show promise. .1.65 million housing starts mean usage in thal market of | 8.2"/". . .repair & remodeling will gain 2o/o.

forlunes ot'the lun.rber rnarkcl in 1985. Earlicr this 1,'car, the Feclcral Rescrve Board tightencd creclit to contl()l inl'lrrtion hr rlosinr ceonotttie gro\\th. As busincss acti\il)' slowecl, Fed C'hairrnan Paul Volcker tolcl Congrc.s tlritt fttrtlrcl rc\llitlnl\ ()ll credit *ould ltot bc lrecessarl' for the remainder ot' the ,vear.

Thc Fcd's neu l.lttsition has givcn rnore conlidence to the f inancial cclntrrrunity. ln Noremher'. matl\ maj(\t banks dropped their prirnc lcnding rates to I 1.5 oio.FLrrthcrdeclinc inintercst rates should take place in thc second half of 1985 if Congrcss and the adrninistration bcgin dealing with thc fedcral deficil.

The luntber industry rvill bc in a good position to serve all the nccds ol' the consunrer in 1985. Mills harc the capacitl,' to produce nrore lurnber, should demand increase substantiall,v. Consumers u'ill have a large varictl'of lurnber species and product sizes to choose frorn. Industry marketing efforts, such as Western Wood Products Association's lnrpetus program, will give consumer\ more information on ho*' to r.lse $'ood effectively.

In all, 1985 should offer the lumbcr industr,v sonte interesting challengcs as rnills continue to diversify their cuslorner base to even out the swings in the housing market. The industrl"s success in strengthening these new markets will set the stage for thc future.