LP Announces New Investments in Prefinishing Capabilities

NASHVILLE, Tenn. (October 8, 2019) – Louisiana-Pacific Corporation (LP, NYSE: LPX) announced today that it has acquired the prefinishing assets at a Granite City, Ill., prefinish facility near St. Louis owned by BlueLinx.  

“The prefinish Siding market continues to grow, and we aim to capture more of that growth in our siding business,” said Neil Sherman, LP Executive Vice President for Siding. “In addition to acquiring these new assets, we are also investing in building LP SmartSide strand prefinishing capabilities at our siding facility in Roaring River, N.C.  These moves, along with the earlier purchase of a prefinishing company in Green Bay, Wis., will provide us with the facilities, capabilities and expertise to grow this market.”

This aligns with LP’s business strategy to provide building solutions and is a significant step toward its goal of launching a national LP® SmartSide® Trim & Siding branded prefinished siding solution.

About LP Building Solutions - As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood building products that meet the demands of builders worldwide. Its extensive offerings include innovative and dependable building products and accessories, such as LP® SmartSide® Trim & Siding, LP Structural Solutions portfolio (LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, LP® TechShield® Radiant Barrier, LP® FlameBlock® Fire-Rated Sheathing and more), oriented strand board (OSB), LP® TopNotch® Sub-Flooring, LP® Outdoor Building Solutions®, and LP Elements® Performance Fencing. In addition to product solutions, LP provides industry-leading service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes. Headquartered in Nashville, Tennessee, LP operates 26 plants across the U.S., Canada, Chile and Brazil. For more information, visit LPCorp.com.