- 9 - d. The Walker Entities' Employees D.C. Walker Enterprises, Inc., employed about 40 people before March 1, 1988. Lyons Veneer employed 25 to 40 people before March 1, 1988. There was no union representation at the Walker entities before March 1, 1988. C. Sale of Public Timber in the North Santiam Canyon Area in the Mid to Late 1980's Generally, sales of public timber were advertised in newspapers. The Forest Service, BLM, and the State of Oregon usually mailed prospectuses to persons and businesses in the industry. Timber offered for sale had a minimum bid price. Buyers who submitted a sealed bid and submitted a bid bond or a downpayment could bid at an oral auction. It was not necessary to own a sawmill or veneer mill to bid on public timber sales. The public agency offering the timber for sale conducted an oral auction. The highest bidder from the floor won the oral auction. If there were no oral bids, the highest sealed bid won the auction. The Forest Service estimated the number of board feet in a timber contract. The winning bidder paid an amount based on the volume of timber actually harvested. The volume of timber sold was normally measured in thousands of board feet (MBF). The BLM sold timber on a lump-sum basis. Buyers bid on an MBF basis. The winning bidder applied the BLM volume estimate and paid a lump sum.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011