Canadian News

Louisiana-Pacific, Norbord swap OSB mills

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.

Panel Supply

Louisiana-Pacific OSB Sales Plunged 36 Percent

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.

Press Releases

LP Reports Second Quarter 2014 Results

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.