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Paul Osteen, Jr.,7l, president and chairman of the board of East Coast Lumber and Supply Co., Fort Pierce, Fl., died Feb. 28 of respiratory complications at his home in Fort Pierce.
Born in West Palm Beach. he moved to Fort Pierce in 1936 and graduated from the University of Florida (ROTC) in 1951. He served in the Army during the Korean War and began working at East Coast Lumber and Supply in 1953, becoming president in 1972. The company was founded by his grandfather, George F. Paddison, in1902.
He also served as a district director of the Florida B uilding Material Association.
I.K. Mitchell, 85, former owner, I.K. Mitchell Lumber Co., Collinsville, Ok. died March 2 in Collinsville.
He was born in Waldron, Ar., and attended the University of Arkansas before moving to Collinsville in 1937. Shortly thereafter, he followed in his father's footsteps and began working at Gilstrap Lumber Co. in Collinsville.
He served in the Navy and the Marine Corps during WWII, then returned to Gilstrap Lumber. He purchased the company in 1947, renaming it the I.K. Mitchell Lumber Co. He retired in 1968 and sold the company to Vernon Lewis, who renamed it Lewis Lumber, which it remains to this day.
Mr. Mitchell belonged to the Oklahoma Lumbermen's Association.
Rumsey Taylor, Sr., 95, former owner of Princeton Lumber, Princeton, Ky., died March 25 in Kuttawa, Ky.
A native of Beaver Dam, Ky., he moved with his family to Princeton in 1906. That same year saw his father, Fred Taylor, establish Princeton Lumber Co.
A 1925 graduate of Georgetown College, he expanded the family business into commercial and residential construction that same year. Currently, Princeton Lumber is the region's second oldest business, and is in its fourth generation of Taylor ownership.
Mr. Taylor was president of the Kentucky Lumber & Building Materials Association in 1939.
Show Me The Money
Despite a tumultous year for its building products distribution division, Georgia-Pacific awarded chairman, president and ceo A.D. "Pete" Correll a70%o pay hike in 1997 to $2.138 million in salary plus bonus, according to Business Week.
Retired Weyerhaeuser president Jack W. Creighton Jr.'s salary and bonus fell ZlVo to $989,000, while his successor Steven R. Rogel's lO-month pay as former pres. and ceo of Willamette Industries slipped ZVo to $769,N0, though he gained $2.452 million in long-term compensation.
Others on the executive compensation scoreboard included: R.K. Davidson, Union Pacific, down 52Vo to $901,fi)0; R.D. Krebs, Burlington Northern Santa Fe, flat at $559,000; J.E. Dempsey, PPG Industries, down 34Vo to $1.365 million, but also got $1.176 million in long-term compensation; J.G. Breen, Sherwin-Williams, up 77o to $1.646 million; N.D. Archibald, Black & Decker, down 45Vo to $2.857 million, not counting $1.9 million longterm, and J.M. Trani, Stanley Works, at $1.7 million in salary and bonus plus $1.64 million long-term.
Recruiting children and adult volunteers to build a community playground was easy. Selecting the right building material wasn't. When Tim Diggirrs agreed to coordinate Alfred, New York's playground project, he found softty wos the moin concerni'soys Tim Digins, Volunteer Prcje a, C.ootdinotor, Afred,NewYork that many residents were concemed about the safety and environmental impact of treated wood. Then he discovered ACff PreserveP
ACQ Preserve protects against rot, decay and termite attack - a guarantee that's backed by a Lifetime Limited Wananty. It's less expensive than cedar, redwood or plastic altematives, and it's attractive too. ACQ Preserve weathers to a natural brown color, not gray! It can also be stained or painted.
Visit your nearest lumber supplier or call CSI toll-free at l-800-4Zl -866 1. Leam why new ACQ Preserve is the... outd,Dars" !
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EAX to 714-852-023I
or call (714)852-1990 or mail to Building hoducts Digest, 4500 Campus Dr., Suite 480, Newport Beach, Ca.9266O-1872.
Building Products Digest - May 1998
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Advantage Business Computer Systems t1091 ...................................17
American Pole & Timber Co. [f06]......6
Anthony Forest Products Co. [1f0]....fE
Bean Lumber Co., Curt 11051................5
Bowie Sims Prange t1221 ....................30
Britt Lumber t1 131...............................21
Brungart Equipment 11171..................29
Columns, Inc. [114] .......22
Coming Issues .......................................34
Crumpler Plastic Pipe, Inc. t1241........31 csr [1281....... ..................37
Dean Lumber Co. [1 16]........................23
Expo Preview .......Cover II fpix (Forest Products Industry Exchange) [129] ...................Cover IY
Glen Oak Lumber & Milling 11251.....33
Grayson Lumber Corp. [123]..............31
Haase lndustries (Magnetic Push Broom) [f 18]....................................28
Iloover Treated Wood Products tl 121..................................20
Hyster Dealers I1171............................,29
Mass Systems Co., Inc. U151 ...............22
McEwen Lumber Co. [103] ...................3
Mellco, Inc. [102] ....................................3
Moultrie Manufacturin g ll27 1............36
Pacilic MDF Products Inc. [111].........19
Steel Stakes, Inc. [126] .........................3E
Stewart & Stevenson Material Handling E17I
Swan Secure [119 ..2E
Tropitech Coatings & Research, Inc. [126] particu(promoindex $rAr(E$ Cdl,lurile 0n Fax lon Wlnhsde Prlco List P.0. Box 11880 o Mllwaulc, Wl58211 Phone: (414) 984-9280 o flll (414) 084.{503
Unity Forest Products [107]...................7
Walker-Williams Lumber Company [108] ..................................8
Weyerhaeuser Co. [101]..............Cover I
Woodware Systems, Inc. [12U ............30
Wrenn Ilandling [117] .........................29
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