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MARKET SHARE GAINS BOOST TJ INTERNATIONAL SALES, EARNINGS

 MARKET SHARE GAINS BOOST TJ INTERNATIONAL SALES, EARNINGS
 BOISE, Idaho, July 16 /PRNewswire/ -- Citing sales gains spurred by a slowly improving housing market and increased market penetration, TJ International (NASDAQ: TJCO) today announced increased second- quarter sales and earnings.
 Second-quarter sales jumped 39 percent to $111,024,000 from last year's $79,679,000. Net income improved 20 percent to $3,298,000, or 43 cents per fully diluted share, compared with second-quarter 1991's net income of $2,744,000, or 35 cents per fully diluted share.
 Year-to-date comparisons at the Boise-based building materials company were even stronger. Sales for the first six months of the year totaled $186,585,000, a 49-percent increase over last year's $125,009,000. Profits in the second quarter more than offset the company's small first-quarter operating loss, resulting in year-to- date net income of $2,492,000, or 29 cents per fully diluted share. This compares with first-half income of $798,000, or 6 cents per fully diluted share in 1991.
 President and Chief Executive Officer Walt Minnick said the results were highly satisfying and indicative of longer-term trends for the company. "We are increasing market share at rates that outpace the still modest increase in housing starts across the continent. We expect this to extend through the balance of the year and into the future," he commented.
 Minnick attributed much of this success to increasing customer acceptance of the environmentally friendly, high-quality engineered wood products manufactured and marketed by the company's Trus Joist MacMillan joint venture partnership.
 "Builders and homeowners are increasingly recognizing the advantages of our engineered lumber. By framing their houses with our Silent Floor(R) system, homeowners use from 50- to 70-percent less wood than if they build with conventional framing lumber. They build a better house and save money, too," he added.
 The company also said that market share and profitability were improving at its wood window operations and continued progress was being made at Trus Joist MacMillan's Parallam(R) parallel strand lumber and PSL 300(TM) laminated strand lumber manufacturing facilities.
 "While both new engineered wood technologies are still in start- up, in future years they should become important profit contributors," said Minnick.
 TJ International serves as managing partner and majority owner of Trus Joist MacMillan, a joint-venture partnership with Canadian forest products company MacMillan Bloedel.
 TJ International's wood window operations include U.S. subsidiary Norco Windows and Canadian subsidiaries Dashwood Industries and Laflamme & Frere.
 -0- 7/16/92
 /CONTACT: Walt Minnick, 208-345-8500, or after hours, 208-345-3036, or Russ Stoddard, 208-345-8500, or after hours, 208-336-8450, both of TJ International/
 (TJCO) CO: TJ International ST: Idaho IN: PAP SU: ERN


LM-SC -- SE001 -- 9862 07/16/92 08:39 EDT
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Publication:PR Newswire
Date:Jul 16, 1992
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