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...England was once the cradle of U.S. industry, but in recent years it seemed on its way to becoming an economic graveyard. Burdened by the U.S.'s highest energy costs, dying markets and sky-high taxes, a steady stream of shoe, textile and lumber companies closed their doors or headed to more hospitable climes in the Southeast and West. New England first suffered the symptoms of economic decay, depression and disillusionment that have now become so common in American business...

Author: /time Magazine | Title: Business: Rebuilding Down East | 9/1/1980 | See Source »

Along with the demand for hardware and tools come growing requests for instructions. Says Michael J. Montalbano, president of Houston's Retail Lumber & Building Material Dealers Association: "People don't know anything about what they're doing." A common novice mistake is to use a piece of string as a measuring tape. Once at the lumberyard, the string starts to stretch and the would-be woodworker either goes back home or ends up with a board that is too long. Thus the black thumb rule at most home-repair centers: $5 worth of advice with every...

Author: /time Magazine | Title: Business: The Sound of America Hammering | 7/28/1980 | See Source »

...Lumber Co., a national chain, sells the ultimate do-it-yourself job: kits for designing and building houses practically from scratch. Containing everything except the foundation, plumbing and wiring, they range in size from bungalows to two-story colonials. In just one week this summer, 17 modern pioneers paid an average of $12,000 each to raise their own roofs...

Author: /time Magazine | Title: Business: The Sound of America Hammering | 7/28/1980 | See Source »

Finally, after 53 stages of manufacture, the machines lumber off the assembly line; the bright blue ones are destined for the vast farm lands of the Soviet Union, the brilliant red ones for more than 70 nations around the globe. About 3,000 of them have even found their...

Author: /time Magazine | Title: Business: The Making of a Minsk Tractor | 6/23/1980 | See Source »

...economic effects will be somewhat greater, but not catastrophic. Though trees worth at least $ 1 billion were flattened-including 4% of Weyerhaeuser's total timberlands-executives expect to salvage about 80% of the logs by sawing those not badly scorched into usable lumber. Sportsmen who venture into what was once prime fish and game area on the mountain's flanks will find nearly all life wiped out within a 15-mile radius of the crater. The rivers and state-run fish hatcheries near the mountain have been ruined as breeding grounds for steelhead trout and Chinook salmon. Said...

Author: /time Magazine | Title: God I Want To Live! | 6/2/1980 | See Source »

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