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Gilco Lumber, Inc.... - Miller Publishing Corporation

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Hardwood Forest Foundation<br />

Educator Scholarship<br />

WWW.HARDWOODFOREST.ORG<br />

“The Hardwood Forest Foundation’s scholarship program has helped further my college<br />

education. I look forward to paying the Foundation and the hardwood industry back<br />

by teaching the truths surrounding the forests and the trees.”<br />

—Connie Jamieson, 2006 Scholarship Recipient, Midway College<br />

Scholarship<br />

Recipients<br />

Receive $1,000!<br />

REQUIREMENTS INCLUDE:<br />

• Minimum of 2.5 GPA<br />

• Senior in education<br />

program<br />

• Sponsored by a<br />

Foundation member<br />

To download an application and<br />

view deadline information, visit:<br />

www.hardwoodforest.org<br />

Hardwood Forest Foundation<br />

6830 Raleigh LaGrange Road<br />

Memphis, TN 38134<br />

WOODWORKING<br />

PLANER PRACTICE<br />

This 24 page booklet contains the answers to<br />

almost any Planer problem. It tells you: How to<br />

handle uneven stock; How to produce squares on<br />

a planer; How to reduce disfigurement of stock,<br />

and the tearing of varigrained boards; How to prevent<br />

wear of center of platen; How to handle grains<br />

in glued up panels; How jointed cutters affect<br />

blower systems; How to make various thicknesses;<br />

How to make proper forms for tapering long<br />

pieces evenly; How to bevel and make forms for<br />

multiple operation, and many other ideas for better<br />

planer performance. ...One woodworking machine<br />

manufacturer stated, “This is the best book that<br />

has ever been written on the subject of Planer<br />

Practice.” . . . . . . . . . . . . . . . . .$20.00 per copy.<br />

Send Check to:<br />

NHM, Book Division<br />

P.O. Box 34908<br />

Memphis TN 38184-0908<br />

ONTARIO TRENDS - Continued from page 61<br />

prices are expected to remain flat, according to CMHC’s forecast. RBC<br />

head of home equity states that there are reasons for cautious optimism<br />

that the market will start to recover later this year and next year.<br />

The Gross Domestic Product contracted at an annual rate of 3.4 percent<br />

in the fourth quarter of 2008, the worst showing since 1991, Statistics<br />

Canada announced in March. The data supports Bank of Canada<br />

Governor’s contention that record-low interest rates and hundreds of billions<br />

in government spending around the world could spark a rebound by<br />

the second half of this year.<br />

The glimmer of hope comes from the fact that Canada’s descent into<br />

recession last year was faster and deeper than the two previous economic<br />

contractions in the early 1990s and the early 1980s, suggesting a significant<br />

portion of the hurt that typically accompanies a downturn has<br />

already been felt. It is felt the unprecedented stimulus in the system<br />

promises to make it easier for companies and consumers to spark a recovery<br />

than at any time in history. The recovery is based on the fact that the<br />

U.S. recession doesn’t persist.<br />

Household spending fell for the first time in 13 years in the fourth quarter,<br />

even as income increased, suggesting consumers are too fearful of the<br />

future to do the spending that’s necessary to spark a recovery. People are<br />

worried about their futures and their jobs.<br />

Factory production declined 4.7 percent in the fourth quarter and<br />

exports dropped for the sixth consecutive quarter, the longest slump since<br />

Statscan started keeping records more than 60 years ago. Corporate profits<br />

collapsed 20 percent. Residential investment and spending on plants<br />

and equipment also plunged.<br />

Statscan noted that if there’s a bright spot in its report it was Canada’s<br />

relative strength compared with other big economies. The U.S. economy<br />

contracted at an annual rate of 6.2 percent in the fourth quarter of 2008,<br />

the European Union registered a decline of 5.9 percent and Japan’s economic<br />

output deteriorated 12.7 percent.<br />

An economist states that he’s optimistic the worst of the U.S. recession<br />

is over because of recent indicators that suggest the collapse of the housing<br />

market is finding a bottom, which would boost confidence and steady<br />

financial markets. In the fourth quarter, public spending was the only<br />

source of growth, according to Statscan.<br />

•<br />

OBITUARIES<br />

Bill Redman<br />

Portland, Ore.—Bill Redman, 63, recently passed away. A part of<br />

the North Pacific family since 1979, Redman was hired as a<br />

Hardwoods trader. “Bill was well respected in the industry and<br />

actively participated in the Western Hardwood<br />

Association (WHA) and the National<br />

Hardwood <strong>Lumber</strong> Association (NHLA) for<br />

many years,” a representative of North Pacific<br />

said. “In fact, he helped develop NHLA’s current<br />

grading rules for Alder and other western<br />

species.”<br />

Redman served as membership chairman,<br />

grading rules chairman, program chairman<br />

and representative to the Hardwood<br />

Federation for several years.<br />

Elected president of Western Hardwood<br />

Association in 2000 after serving as vice president, his acheivements<br />

were recognized as Man-of-the-Year in 1997, 2002 and 2005.<br />

Redman had recently celebrated his 30 th year with North Pacific.<br />

•<br />

70 Hardwoods Have Resiliency

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