Earlier this week LP Building Products opened the trading day at the New York Stock Exchange where a group of LP leaders and sales team members rang the opening bell as a part of their annual Investor’s Day.
After the bell ringing event, members of the LP leadership team gave a presentation to a group of investors and analysts as a part of the annual Investor’s Day. The presentation demonstrated LP’s growth, transformation and commitment to high performance building solutions. The group then gathered outside in the NYSE Plaza to check out the LP House Party, a mobile experience truck and trailer equipped with product displays parked in front of the New York Stock Exchange.
Celebrating its 45th year in business, LP is focused on transforming into a leading building solutions company. In New York, LP showcased some of the innovate products that are driving sustainable growth and enhanced shareholder value. The products displayed, such as LP® SmartSide® Trim & Siding, LP® FlameBlock® Fire-Rated OSB Sheathing, LP® TechShield® Radiant Barrier Sheathing, and LP® Legacy® Sub-Flooring, show our commitment to building a product portfolio that helps customers build smarter, better and faster.
Big builder market share has doubled in the last 25 years and now represents about 50 percent of housing starts nationwide – and even 75 percent in some major metro areas. These mega-builders have huge budgets for both land development and marketing. It’s increasingly difficult for small and medium-sized builders to compete, but LP is committed to helping them prosper.Continue Reading
To better serve its customers in areas of order accuracy and delivery predictability, LP has set some of the industry’s most aspirational supply chain goals. Senior leaders meet regularly with experts at Gartner, arguably the nation’s best consulting firm in the realm of supply chain optimization. The aim is to apply best practices in procurement, logistics and working capital across more than $1 billion of addressable spend.
For weather-resistant barriers (WRBs), ASTM has developed rigorous tests for water resistance and water penetration, plus an air barrier assembly test. But an equally important test is ASTM E96, which measures water vapor permeability over a 24-hour period.
When people talk about home “affordability” it boils down to one number: the asking price. But home “attainability” is a more complex equation. Attainability refers to a prospective buyer’s ability to find an entry-level home (no easy task these days), obtain a loan and pay for 30 years of ancillary costs like utilities, maintenance and insurance.