oard

had been targeted at the sawmill side of Wynndel's operations. The mill now produces over 70 million bd. ft. of high-end l" boards. The sawmill bin sorter has both quality and moisture pulls, allowing the fiber to be directed to the proper end finished product.

In addition to board production, Wynndel also runs about 8.5 million bd. ft. of pattern stock through its

Wadkin moulder. The facility currently operates at full capacity, but will benefit from the installation of a new Weinig Hydromat 2000, which should be operational by mid-September. The new planer/moulder will more than double its paneling output and allow expansion of its customer base in pattern and siding.

With in-house priming, Wynndel will also be able to target any of its specialty forest products through the vacuum coater line to output high-end trim products destined for wholesale distribution throughout the continent.

"All the upgrades made over the last five years have positioned us to continue well into our fourth generation as a family-run business," says owner/manager Michael Wigen. "The family has hired key management personnel to add to our strength and make us a force in the board market. We have greatly expanded our quality control right from our log breakdown to our paper wrapping. Automation and improved processes have given us the products to move forward with a greater sense ofpride and confidence."

Wynndel is also positioning itself to be a leader in the green building movement. "We don't need to find new ways to use plastics and petroleum products to make decking and sidings or any other fake wood products," Wigen says. "Wood has a charm and a warmth that you can't get from extrusion."

Products include Wynnwood ESLP boards, Wynnwood Premium Fascia, Wynnwood Siding, Wynnwood Flooring, and Wynnwood Paneling.

Brite Manufacturing Shuttered

Brite Manufacturing, Canada's largest composite decking manufacturer, has closed after 30 years and is looking for a buyer.

In addition to Brite composite decking and railing, the company also produces plastic lattice, treated lumber. and cedar boards.

Production has ceased at its 50.000sq. ft. plastics facility in Bolton, Ont., and 30,000-sq. ft. pressure treating plant in South River, Ont.

"We've had calls from potential buyers, and we've made calls ourselves," said v.p. Andrew Rush. "We want to make sure that everyone we see as a viable potential buyer of the company is aware that we're on the market. and what we manufacture."

DOMESTIC

Richard Coale, Jim Sondergaard, Bill Leonard, Don Frank. (2) David Preston, Bandy Roget, Butch Carlson, Sheldon Doss. (3) Anthony Rossi, Steve Hautala, John Gould, Mel Miller. (4) George Perrault, Paul Nobman, Dan Lamar, Ken Womack. (5) David & Stacey Jones, Donn Zea, Bob Perna. (6) Jerry Mosier, Steve Stevenson, Mike Finck, Clark Wheeler. (7) Kent Bond, Breeze Cross, Greg Gomon, Duane Nelson. (8) Paul Herrfeldt. (9) Curtis Walker, Craig Sullivan, Mike Walker, Tom Holland. (10) Pat Zan, mJohnTay|or.(11)Jef|Coffee,MikeArno|d,Mike -Griffin, Garry Tabor. (12) John Saunders, J.D.

Saunders. (13) Mario Barajas, scott swanson. (14)

(More photos on next page)

LACN GOLF (continued from previous oaoe): fil Rov Cobble. Chris Tritschler page): (1) Roy Cobble, Chris Tritschler, Jean Henning, Steve Page. (2) Dan Walker, Chuck DeStefano, Jefl Miller. (3) John Jeff (3) Sharp. (4) Craig Young, larry Zeiszler, Corey Dasaro, Scott Kassahn. (5) Adam Doss, Ryan Velliquette, Matthew Hunziker, Mike Graves. (6) Jay Silverstein, Buddy Wall, Bob Maurer, Paul Herrfeldt. (7) Chris Richter, Tom Von Moos, Carl Schoenhofer, Joel Hamel. (8) Steve Favier, Randy Raatz. (9) Bob Mion, Larry Stonum, Nick Elardo, Garv Merizwak.

BCI@ Joists, VTRSA-tAME Boise Rimboard

UMPQUA VALLEY Lumber Association invited customers to lhe heart of Oregon's lumber country for its 1Oth annual mill week June 18-20. Mill sponsors were C&D Lumber, Douglas County Forest Products, D.R. Johnson Lumber, Roseburg Forest Products, and Swanson Group. (1) Scott & Kim Taylor, Linda & Charlie Carey. (2) Tim Beaudoin, Raegan Stralton, Jim Thomson, Laura Weber. (3) Haley Danskey, Sunny Field, Bob Hoyt. (4) J.T. Taylor, Lisa & Jess Thompson. (5) Brad Hatley, Leslie Boies, Alan Erickson. (6) Randy

Tnn Mn'ncnaNr Mlcnzrnp Jur-v 2008

Crockett, Betty & Bill Weist. (7) Kris Lewis, John Grove. (8) Pat Harris, Sarah & Cameron Krauss. (9) Joe Robinson, Paul Brooks, Brian Gordon. (10) Kelli & Jeff Johnson, Jenny & John Redfield. (11) Ron McCormick, David Miles, Patrick Ball. (12) Pat Myers, Rod Lucas, Hector Perez. (13) Regina McCracken, Frank Peterson. (14) Carol & Stan Cupp. (15) Todd Lund, Sondra Homeres. (16) Anna Mehl, Tiffany Mehl. (17) Rex & Michelle Burns, Sleve Loebner. (More photos on next two pages)

MfLLfNG AROUND (continued from previous page): (1) Rob Rowe, Todd Schoffstoll. (2) Matt Campbell, Greg Johnson. (3) Joni Hanson, Joe Allen, Ron Hanson. (4) Greg Nee, Eric Ford. (5) Matt Kolar, Ron Tiller. (6) Bob & Carolyn Crews. (7) Rick Deen, Chris Swanson. (8) Linda Reed, Gary Pittman. (9) Debra & Steve Swanson. (10) Lynda & Dan Hardwick, Sara & Jim Hunt, Jef{ Ostrom, (More photos on next page)

MILL WEEK (continued from previous pages) in Oregon's Umpqua Valley included a Hellgate jetboat excursion, dinner at the OK Corral Dinner House, and a goll tournament at Myrtle Creek Golf Course. (1) Trent & Brad Mehl. (2) Gregg Sutton, Art Reid. (3) Kim Caldwell, Glen Wilson. (4) Steve Bruggeman, Greg McOoy. (5) Samantha Cline, Frank & Nancy Daniels, Nicole Gallego. (6) Linda Reed, Gary Pittman. (7) Steve & Kim Weisser. (8) Chuck Ulik, Ray Barbee, Bob Berch. (9) Dar & John Stembridge. (10) John Strader, Robert Ewing. (11) Stancy & Kevin Daugherty. (12) Dennis Miller, Peggy Lund, Michael Swiger. (13) Mick & Michelle Baranko, Shelly & Paul Erickson. (14) Duane

Catherine "Pat" Quinn Ganahl, 84, a director of Ganahl Lumber Co., Anaheim, Ca., for over 40 years, died June 2 in Anaheim.

Her late husband, John Ganahl, served as president until his death in 1973, and her sons Peter and John Ganahl currently run the business.

Samuel E. Brown, 78, Mendocino County, Ca., lumber hauler, died June 16 after being struck by a car in Fieldbrook, Ca.

Mr. Brown was born in Eureka. Ca.. attended Arcata High, and served overseas with the Air Force after World War II. When he returned home, he was the chip truck dispatcher at Redwood Construction and shop foreman at Westlog Inc.

In 1983, he bought a truck and became a long-haul trucker, logs in the summer and lumber in the winter, and continued workins until his accident.

Ainsworth Family Loses Control

The founding family of Ainsworth Lumber, Vancouver, B.C., must cede control to bondholders under a new recapitalization plan.

"They are now a casualty of the struggling forestry sector," said investment analyst Kevin Mason. "They have lost control of their company."

Under the plan, the Ainsworths lost their 58% controlling interest and most of their equity. The eight family members involved in the firm have also lost their jobsalthough Brian Ainsworth, chairman and c.e.o., and Catherine Ainsworth, chief operating officer, will be retained as consultants for one year.

David and Susan Ainsworth started the company in 1950 with one portable mill at 100 Mile House, B.C. Their first sawmill opened several years later. The company branched into veneer in the 1980s and went public in 1993, using the funds to construct an OSB plant at 100 Mile House. Over the next 15 years, it grew into a major player in the OSB market, with plants in B.C., Alberta, and the U.S. that employed 1,700 people.

However, when OSB prices began to fall and sales plunged from $1.2 billion in 2005 to $544 million in 2007 , the company was stuck with $1 billion in debt and shrinking cashflow. Under the recapitalization plan, Ainsworth's $823.5-million debt will be converted to equity in the company and $150 million in new 1l7o bonds. An additional $200 million in bonds will be issued to fund recapitalization and operating expenses.

Existing shares will be cancelled and replaced with new common shares. Existing stockholders will receive 4Vo of the new shares. Bondholders-headed by an investment fund, an investment group, and a bank-will own 967o of the new stock.

"This is a totally recapitalized and restructured company that was previously very highly levered and in doubt of continued success," said c.f.o. Robert Allen. "This properly recapitalizes the company and gives it enough liquidity to make sure it rides through the downturn."