Ducks Unlimited Canada and Louisiana-Pacific have announced the signing of a new, 10-year agreement that will impact more than 6.2 million acres of Manitoba’s boreal forest, an area larger than the state of Vermont.
Nashville-based engineered wood giant Louisiana-Pacific announced that it will indefinitely curtail OSB production at its Peace Valley plant in British Columbia.
The Canadian federal government will invest $4.5 million in Louisiana-Pacific's sawmill in British Columbia. Louisiana-Pacific is a Nashville-based manufacturer of engineered wood products.
Louisiana-Pacific Corp. has entered into an agreement to acquire International Barrier Technology Inc. for $22 million. The deal gives LP 100 percent of the fire retardant coatings company.
Louisiana-Pacific Corp. and Norbord Inc. have agreed to swap OSB mills in Quebec. The asset exchange transaction is expected to close in early November. Norbord is transferring ownership of its mill in Val-d’Or, Quebec to LP in exchange for LP's OSB mill in Chambord, Quebec. Both mills are currently shuttered.
Louisiana-Pacific Corp. (NYSE: LPX) sales fell 9 percent for the second quarter, to $519 million. But Oriented Strand Board took a precipitous drop, falling 36 percent to $224 million, mostly due to a decrease in pricing. Engineered wood rose 33 percent.
Louisiana-Pacific Corporation (LP) (NYSE: LPX) reported today results for the second quarter of 2014, which included the following: Total sales for the second quarter of $519 million were lower by 9 percent compared to the year ago quarter.