COMPANY :

New Remonufqcturing Plont At Grqnts Pqss for PlYwood

lndustriol Speciqlties

Engineered Plywood, Inc., has been organized to cooPerate wTth jobbers Lnd the 16 mills in the Grants Pass Hub in opening idditional markets for plywood, lumber, chipboard and hardboard.

Fir plywood must go to market in new-sizes, shapes and forms ^if it i. to cont-inue to absorb the increased production, and opening additional markets for.plywood, as well as increasing util-ization, is the object 9f _thi9 new company' Morris Milbank is president, Nichols Milbank, treasurer, and David S. Betcone, vice-president in charge of sales.

The plant will produce cut-up items to specification and will be-able to do-a better job of manufacturing at less cost than users would otherwise be able to obtain. By providing additional steps in manufacturing beyond the standard 4x8 panel, the corirpany will help develop new marke-ts for plyiood. The site wiil consist of SOOO Jquare feet of manufacturing area with adequate loading facilities for both truck and rail shipments.

Principal-equipment in the plant will be a specially designed d-ouble edge shaper which can produce three car loads of Texture One-Eleven, shiplap or tongue and grooved panels each eight-hour operation. Other equipment will consist of multiscore machine for random grooving, cutoft saws, multiple rip saws, band saws,.drill presses, shapers and processes for gluing special products.

' Principal pioduction will center around the double edge shaper iir producing tongue and grooved, shiplap, Texture One-Eleven and raidom-grooved panels. Bulk storage bins, lug boxes and parts for overseas shipping will also play an important part in the production. The service is organized to serve all the mills in the Grants Pass area to custom cut or machine tl.reir requirements through regular jobber channels.

Socromenfo Hoo-Hoo-Etfes to Host Bosses October 14 Eve

The newly formed Sacramento Hoo-Hoo-Ette Club 5, with President Florence M. Mueller (Steiner Lumber Co.) at the helm, will hold its first annual Boss's Night at the Sacramento Inn on October 14. The big night out for the "boss" will begin .ivith cocktails at 6:39 p.m., followed by dinner at 7 :39 p.m., or thereabouts. Entertainment and dCtails will be handled by Mary Caplis, Setzer Forest Products; "Lou" llowe, Hedlund Lumber Sales, and Barbara Adams, Sacramento Box & Lumber Company.

Unired Stotes Plywood Sells Vqlsetz Lumber Gompony Inlerest

S. W. Antoville, president of United States Plywood Corporation, announces the sale of the company's minority interest in Valsetz Lumber Co. of Portland, Oregon for $3,450,000. f'he investment was obtained by United States Plywood in 1955 when it acquired all of the assets of Associated Plywood Mills, Inc.

Herbert A. Templeton, chairman of the board of Valsetz, said. "We are sorry indeed to lose our close association with United States Plywood and we would have preferred to avoid the very substantial outlay necessary to redeem the stock in view of the major construction and improvement plans which we have in mind. However, we did not feel we could stand in the way of United States Plywood's expressed desire to withdraw from further direct participation in our affairs."