Exhibit 10.5

                                    GUARANTY


         THIS  GUARANTY  dated as of  SEPTEMBER  1, 1997 (the  "Guaranty")  from
SPURLOCK INDUSTRIES,  INC., a business corporation  organized and existing under
the laws of the State of Virginia and having an address of 5090  General  Mahone
Highway,  Waverly,  Virginia 23890 (the  "Guarantor") to D.B.  WESTERN,  INC., a
business  corporation  organized  and  existing  under  the laws of the State of
Oregon and having an office at 1360 Airport Lane, North Bend,  Oregon 97459 (the
"Seller");

                                   WITNESETH:

         WHEREAS,  Spurlock Adhesives,  Inc. (the "Company") and the Seller have
agreed to enter into an agreement for the design, engineering, equipment supply,
construction, and installation of plant equipment and facilities dated as of the
30th day of September, 1997 (the "Sale Agreement"); and

         WHEREAS,  the Guarantor is willing to enter into this Guaranty in order
to induce the Seller to enter into the Sale Agreement;

         NOW, THEREFORE, in consideration of the premises herein contained,  the
Guarantor does hereby covenant and agree with the Seller as follows:

         The  Guarantor   unconditionally   guarantees  prompt  payment  of  all
obligations set forth in Article 2.1(d) and Article 2.1(e) of the Sale Agreement
when due. The Guarantor shall pay all costs and expenses,  including  attorneys'
fees,  incurred in the collection of the money due under said Article 2.1(d) and
Article  2.1(e) of the Sale  Agreement.  Neither the renewal or extension of the
Sale  Agreement,  nor the  acceptance,  release,  or  surrender  of any security
therefor,  nor the release of the Company,  nor any delay in the  enforcement of
payments  under the Sale  Agreement,  nor any  other  delay or  omission  in the
exercise  of any  right or power  under the Sale  Agreement,  shall  affect  the
liability of the  Guarantor.  The  liability of the  Guarantor on this  guaranty
shall be  direct,  and not  conditional  or  contingent  on the  pursuit  of any
remedies  against the  Company.  The  Guarantor  expressly  waives  presentment,
protest,  demand,  notice of dishonor or default,  notice of  acceptance of this
guaranty,  and  notice  of any kind  with  respect  to the Sale  Agreement.  The
Guarantor  consents  to be bound by all the  terms  and  provisions  of the Sale
Agreement.

         This  Guaranty  is  binding  upon the  Guarantor,  its  successors  and
assigns.





         IN WITNESS  WHEREOF,  the Guarantor has caused this Guaranty to be duly
executed and delivered in its name by its duly Authorized  Representative all as
of the day and year first above written.

                                             SPURLOCK INDUSTRIES, INC.


                                             By: /s/ Irvine R. Spurlock
                                                 -------------------------------
                                             Name: Irvine R. Spurlock
                                             Title: President

Accepted September ___, 1997:

D.B. WESTERN, INC.

By: /s/ Dennis C. Beetham
    -------------------------------
Name: Dennis C. Beetham
Title: President

STATE OF Virginia                   )
                                    )SS.:
CITY OF Richmond                    )

         On this 30th day of September,  1997,  before me personally came Irvine
R. Spurlock, to me known, who being by me duly sworn, did depose and say that he
resides  at ,  that  he is  the  President  of  SPURLOCK  INDUSTRIES,  INC.  the
corporation described in and which executed the foregoing  instrument,  and that
he  signed  his  name  thereto  by  order  of the  Board  of  Directors  of said
corporation.


                                             /s/ Bonnie O. Cross
                                             -------------------------------
                                             Notary Public

My commission expires:  Feb. 28, 1998