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NORTHERN CALIFORNIA'S Almquist

Lumber he d its second annuaL wooden boat s^ow May 17 Boats of a'l "hapes and sizes cou d be viewed tn the slore. yard and parking lot. Retail manager Fick Alexander entered a boat he built several years ago wlth his friend, Eddie Saunders (lower photo), while an antique boat from the Humboldt Bay Maritime Museum nn rrd hp r^n.nnarpd tn A newer model prevtous page).

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PopTal Foresees Resolution

Although the fate of Pope & Talbot is still unknown, moves have been made toward resolution.

When PT Pindo of Indonesia cancelled its plans to buy the three remaining P&T mills, they were closed and P&T was placed in the hands of a receiver: Pricewaterhouse Coopers. Three of the mills are located in British Columbia, in Fort St. James, Nanaimo, and Mackenzie, while the third is located in Halsey, Or.

Finding new buyers for the mill has been a challenge. "At least some buyers view FortSt. James and Mackenzie as being related, so they are holding off making an offer on Mackenzie until they know whether or not we can sell Fort St. James," said attorney John Grieve, who represents Pricewaterhouse. He said that a buyer must be found by the end of June because the mills can only be idled for a total of six weeks to two months. "We need something pretty firm within the next month," he said.

Grieve said there is "some interest" from prospective buyers for the Harmac millin Nanaimo, B.C., including several real estate developers and at least one or two that are considering reopening the mill.

Laid-off workers at the Harmac mill are moving forward with plans to take over ownership of the facility. The union is preparing a business plan in which each of the workers would contribute as much as $25.000. making them shareholders in their own company.

"There was real enthusiasm from our membership, and we're hoping that somebody out there will see how hard we're working toward reopening the mill and will be willing to invest with us," said union spokesperson Reg Miller. "We know it's a long shot but pulp is selling for about $900 a ton and we know this mill still has a lot of value and we have a lot of faith in it."

New York-based investment firm Ableco Finance LLC, a major lienholder against P&T, has submitted a bid for the Halsey mill and presented its plan to the union. "They are as anxious to get this thing done as we are," said Ernie Lamoureux, a representative for United Steelworkers.

On the positive side, P&T has completed the sale of its sawmills in Grand Forks and Castlegar, B.C., and their related timber assets to Interfor. The sawmill in Spearfish, S.D., along with its timber assets. was sold to Neiman Enterprises, family-owned company that operates sawmills in Hulett, Wy.

"There is a measure of remorse in the fact that these sales signify the virtual end of a 160-year legacy in the lumber business for Pope & Talbot," said P&T president and c.e.o. Harold Stanton. "We can take heart that these mills have been placed with good stewards, and the employees as well as the communities that rely on these mills will continue to be supported."

Fire Damages Veneer Mill

City officials have offered assistance to Pacific States Industries in rebuilding its Creswell, Or., veneer pfant damaged by a May 2O fire.

Bald Knob Veneer Co. is the town's second largest employer-and its 60 workers are currently without a job.

When asked if Pacific States intended to rebuld, Bald Knob general manager Brian Cowan said, "We do want to be here. We want to expand here." The facility sits on a 43-acre site, with room to grow.

The blaze began when a welder's sparks ignited a pile of wood chips near the lathe operation.