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Edward Hines (1863–1931) circa 1901. Hines Supply (originally the Edward Hines Lumber Company), based in Buffalo Grove, Illinois, in the United States, is a company which manufactures lumber, plywood and other wood products. [1] It also sells related services such as consultations and cost estimates for building projects. [2]
The Edward Hines Lumber Company owned and operated the railroad for many decades. In 1962, the mill reached a peak in lumber production—134,250,000 board feet (316,800 m 3) that year—as well as in payroll, but employees held strikes later that decade, and the lumber market began to decline in the 1970s. [4]
The Western Lumber sawmill was later sold to the Westfir Lumber Company and in 1946 to the Edward Hines Lumber Company. [8] [9] Hines established a plywood mill in Westfir in 1952. [7] In 1977, Hines closed the mills and sold the entire town, including the water and sewer system. [8]
A community named Herrick was formed just southwest of Burns when railroad promoter and sawmill operator Fred Herrick founded a lumber company there. [5] Edward Hines bought the railroad and lumber company from Herrick in 1928, and a post office named Hines was established in 1931 to serve the Edward Hines Lumber Company mill and surrounding community. [5]
Construction began in 1918 on land donated by the Edward Hines Lumber Company that was originally Speedway Park, a board track racecourse. The building was originally intended to house casualties from World War I, and Hines wanted the building to serve as a hospital after the war. Hines was successful in lobbying the United States Congress to ...
Bluebonnet Business Center will have four buildings totaling 684,344 square feet of space, said officials with Hines, a global real estate investment, development and property management firm.
The company established a planing mill and railroad shops in Seneca, and it became essentially a company town. [7] In 1940 Seneca's population was 275. [8] Logging in the area began to decline in the 1970s, and the Hines company ceased operations of its lumber mills and railroad in 1984. [7]
From January 2008 to December 2012, if you bought shares in companies when John W. Thompson joined the board, and sold them when he left, you would have a 1.1 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
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