Briefly.

Byline: The Register-Guard

METRO

Chambers Construction ranks for tonnage of steel bought

Eugene-based Chambers Construction Co. ranked 40th in the nation among construction companies in its purchase of steel tonnage for metal building projects in 2002, according to Metal Construction News, an industry publication. Chambers bought 1,620 tons in 2002, up from 690 tons in 2001.

The leader was Span Construction & Engineering of Madera, Calif., which bought 27,954 tons in 2002, down from 32,518 tons in 2001.

The only other Oregon company on the top-170 list was Dave's Construction Inc. of Molalla, which placed 115th with 683 tons.

NORTHWEST

College tuition savings plan

reports $100 million in assets

SALEM - Oregon's state-sponsored college savings plan program hit the $100 million asset mark, State Treasurer Randall Edwards said Wednesday.

The Oregon College Savings Plan was introduced less than 2 1/2 years ago. Under the plan, taxpayers contribute money into an array of accounts that can be later used to pay for college.

The plan offers taxpayers up to a $2,000 state tax deduction on contributions each year. Also, all earnings and withdrawals are federal and Oregon state tax-free when used for higher-education expenses.

Edwards also announced the plan has added a conservative portfolio for those investors who want no exposure to the stock market.