AS - The Terrace Standard, Wednesday, March 3 1999

.. TERRACE STANDARD

Business REVIEW

Door, window firm eyes
land and partners here

VALUE-ADDED
remagutacturing mill is
closer to getting built here
after a recent visit by
owners of a Richmond-
based specialty wood pro-
ducts firm.

Terry Bajwa and Dave
Somul, of Classic Doormart
Inc. locked at four different
properties in Terrace and
Thornhill and held discus-
sions with potential wood
trading partners.

‘We had a very good
reception, a very warm wel-
come,’’ said Bajwa of the
trip. “Everybody’s been
very accommodating.”

He said the firm hopes to
soon reach a deal to lease
property where the plant
would be built. It would
supply partially manufac-
tured wood to Classic’s
Richmond door and window
part plant.

Bajwa cautioned _ that
dey’re holding off on sign-
ing a smalE business licence
to log 255,000 cubic metres
over five years until they
have a firm deal in place to
trade wood with other local
sawmills.

Timber logged under the
licence offered to Classic
would go straight to a local
partner in exchange for the
clear lumber the firm needs.

Out &
About

Survival

seminar here

A FREE SEMINAR geared
to helping businesses sur-
vive the recession comes
here:next week. _

Douglas Gray, a former
small business lawyer and
business author, hosts the
seminar next Tuesday. |

Entitled Managing in Dif
ficult Times, the workshop
mins from 6:30 to 9:30 p.m.
March 8 at the Coast Inn of
the West. To register call
635-5449,

Gray’s seminars across the
north are sponsored by local
credit unions, chambers of
commerce, Forest Renewal

B.C., Community Futures,

and Western Economic
Diversification.

He'll outline numerous
money-saving strategies and
cover territory from better
cash contro! and receivables
collection to tax planning to
better time-management.

‘'These are the nitty grilty
things that small buisness
has to deal with,’ Gray
says, adding most small
businesses have plenty of
room for improvement in
most areas. ‘‘A lot of smail
businesses pay too much

tax, they don’t negotiate as ©

effectively as they could,
they tend not to have sys-
tems in place that will assist
their efficiency and time
management as effectively
as they could,’’ be said.

Co-op sale:

date pushed

THE DEADLINE . for
three local businessmen to
come up with the money to

buy the Terrace Co-op .

main property has been ¢x-
tended to March 15,

‘F's not dead yet but they
want a litte more time to
raise the money,"’ said Ter-
race Co-op president Sandy
Sandhais.

The accepted offer comes
from a trio led by Mo Tak-

har, who owns Terrace —

Précutand the Gobind Mall.
The sclling price hasn't
been disclosed, but the

property had been Listed ..

with realtors at $1.6 million,

If the deal falls through
the Co-op board will be free
to look at oiler offers, Sand-

hals said, adding one other _

formal offer has been made
and another is pending,
“Ef they don’t

fer,’’ he said, .

come » ue
through on the 15th we'll:
have to look at any other of-

CLASSIC DOORMART reps Terry Bajwa and Dave
Somul were here two weeks ago eyeing properties
for a possible value-added mill.

‘We are working on it,”’
Bajwa said. “We hope to
sign the licence very soon.”’

“We already have some
of the machines put-topeth-
er,'” he added.

Other difficulties include
the government’s stumpage
policy, he said, and the un-
certainty surrounding north-
west forest companics.

If the plant got built but its
major trading partner halted
operations, Classic’s mill
here would also be forced to
shut, he explained.

“If these mills are not
doing good, we are noth-
ing,’? Bajwa said.

So far that hasn’t scared
them off.

**We need the wood and
we are ready to spend the
money,’ be said. ‘“We’re
not going to give up. We're
fighters.’’

If built the company
would spend at least
$300,000 and create a mini-
mum of 14 jobs.

Kalum Forest District
manager Brian Downie said
Classic was offered the
licence after its proposal
was rated the best of at least
four bidders.

He said there’s no set
deadline for the company to
sign, adding the timber is in
an area of relatively poor
quality stands.

MEDICAL EQUIPMENT RENTALS
from tw

GJ Northern Healthcare

High quality rentals - from cones & & crutches
to electric hospita

615-5151

in the Park Avenue Medical Building,
Terrace

Caledonia Sr. Secondary
8am - 4pm

635- 6531

These hours are effective March 1/99

The Terrace Little Theatre Presents. ,.
IN ASSOCIATION WITH THEATRE DC

Batterflies
are Free

By Leonard Gersiie

Directed by Geri Rasmussen

ae ee

“Gidewalke rs “

New This Spring!
Great Oaks Clothing

Hemp, Linen, Cotton
Made In Nova Scotia

March 11, 12,13, 18, 19,20,25,26,27

8:00 pim., McColl Playhouse, 3625 Kalum Street _
Tickets $14, available at Uniglobe Courtesy Travel

Produced by special arrangement with Samuel French inc.

[Samp Pay ay Day Dep

The Podiatrist has moved!!! Down Park Ave. and in with the Dentists.
Dr. Feist (Podiatrist aka Foot Specialists) is pleased to announce our
new office at 4619 Park Avenue, Suite 100 (First Floor) for appointments call

615-5065 no referal needed!

ye Es hoveaty”

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