LP Building Solutions Named APA's 2024 Safest Company
LP wins prestigious industry safety honor for third consecutive year, Jasper mill recognized for safety innovation
Article content
NASHVILLE, Tenn. — LP Building Solutions (LP), a leading manufacturer of high-performance building products, has been named the 2024 Safest Company in its category by APA – The Engineered Wood Association. This is LP's third consecutive win and 13 th overall in the award's 17-year history, reinforcing its long-standing commitment to safety.
Article content
The APA Safety and Health Awards program is the benchmark for excellence in workplace safety across North America's engineered wood products industry. Winners are selected based on the industry-standard Weighted Incident Rate (WIR), which considers restricted work, lost time, fatalities, and other recordable incidents. In 2024, LP recorded a best-in-class WIR of 2.31, significantly outperforming the industry average.
Article content
'Safety at LP isn't just a policy—it's a shared responsibility built into every process and decision,' said LP Chair and CEO Brad Southern. 'This award reflects how our people take ownership of safety every day—through hands-on training, peer-led initiatives, and the confidence to speak up when something isn't right. This level of care protects lives, strengthens operations, and helps ensure every team member goes home safely.'
Article content
In addition to the companywide recognition, LP's Jasper, Texas facility received the Jeff Wagner Process-Based Innovation in Safety Award, honoring exceptional advances in mill-level safety practices. The award, judged by a panel of industry safety professionals, recognizes creativity in achieving measurable safety improvements.
Article content
To deepen engagement and accountability, the Jasper team launched the Greatest of All Time (G.O.A.T.) Safety Champions Program, which empowered team members to take personal ownership of risk reduction. The program includes peer-led teams focusing on specific safety challenges, as well as an emotional engagement initiative where workers wrote letters to loved ones to reinforce the real-life impact of staying safe on the job. The result was not only improved safety metrics but also enhanced operational performance.
Article content
'Earning this recognition for the third consecutive year is a tremendous honor and a reflection of the safety-first mindset our teams bring to work every day,' said LP Vice President of OSB Manufacturing Gabriel Farias, who also serves on APA's Board of Trustees. 'Safety is at the core of everything we do at LP, and we accept this recognition with both pride and a renewed commitment to keep getting better.'
Article content
In total, seven LP facilities were recognized by APA's 2024 Safety and Health Awards, earning honors for incident-free performance and safety improvements:
Article content
LP's commitment to safety is reflected in its strong safety culture and long track record of high performance. Since 2006, LP has earned more than 100 safety awards, achieved 17 one-million-hour milestones without a recordable incident, and secured OSHA VPP Star Certification at three sites. The company has maintained a Total Incident Rate (TIR) under 1.0 for more than a decade—far below the industry average. In 2024, LP reported a TIR of 0.67, exceeding internal benchmarks.
Article content
Since the inception of APA's Safety and Health Awards in 2009, LP has collected more than 35 honors, including awards for equipment innovation and process-based safety improvements.
Article content
For the full list of APA's Safety and Health Award recipients, visit apawood.com.
Article content
About LP Building Solutions
Article content
As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood products that meet the demands of builders, remodelers and homeowners worldwide. LP's extensive portfolio of innovative and dependable products includes Siding Solutions (LP ® SmartSide ® Trim & Siding, LP ® SmartSide ® ExpertFinish ® Trim & Siding, LP BuilderSeries ® Lap Siding and LP ® Outdoor Building Solutions ®), LP ® Structural Solutions (LP ® TechShield ® Radiant Barrier, LP WeatherLogic ® Air & Water Barrier, LP Legacy ® Premium Sub-Flooring, LP ® FlameBlock ® Fire-Rated Sheathing, LP NovaCore ® Thermal Insulated Sheathing and LP ® TopNotch ® 350 Durable Sub-Flooring) and LP ® Oriented Strand Board. In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates 21 plants across the U.S., Canada, Chile and Brazil. For more information, visit LPCorp.com.
Article content
Article content
Article content
Article content
Contacts
Article content
Media Contact
Article content
Article content
Article content
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
an hour ago
- Globe and Mail
Intermede Investment Partners Ltd Reduces Meta Holdings
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Intermede Investment Partners Ltd, managed by Barry Dargan, recently executed a significant transaction involving Meta Platforms, Inc. ((META)). The hedge fund reduced its position by 11,406 shares. Spark's Take on META Stock According to Spark, TipRanks' AI Analyst, META is a Outperform. Meta Platforms excels in financial performance with strong growth and profitability metrics, which is the most significant factor driving the stock score. The positive momentum in technical analysis and favorable earnings call sentiment further bolster the score. However, valuation concerns and regulatory challenges pose moderate risks. To see Spark's full report on META stock, click here. More about Meta Platforms, Inc. YTD Price Performance: 33.80% Average Trading Volume: 12,032,675 Current Market Cap: $1964.7B Disclaimer & Disclosure Report an Issue
Globe and Mail
an hour ago
- Globe and Mail
2 Artificial Intelligence (AI) Stocks the U.S. Government Is Actively Backing in 2025
Key Points Defense Secretary Pete Hegseth outlined a vision for the U.S. government to leverage more software across its operations. So far this year, data analytics platforms Palantir Technologies and have been notable beneficiaries in the public sector. Both companies' software is deployed across numerous government agencies, but I see one of these high-flying AI stocks as the clear winner. 10 stocks we like better than Palantir Technologies › When it comes to artificial intelligence (AI) stocks, chances are investors' thoughts may turn to semiconductors, massive data centers, or cloud computing infrastructure. This is great news for chip powerhouses and hyperscalers like Nvidia, Advanced Micro Devices, Broadcom, Taiwan Semiconductor Manufacturing, Microsoft, Amazon, or Alphabet, but investors could be overlooking emerging opportunities beyond the usual suspects. Enterprise-grade software will become an increasingly vital layer atop the hardware stack. The commercial angle is to market AI-powered software to large corporations with complex needs spanning data analytics, logistics, human resources, cybersecurity, and more. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » But there is another opportunity outside of the private sector: how AI is redefining one of the largest and most sophisticated enterprises of all, the U.S. government. Earlier this year, Defense Secretary Pete Hegseth announced a plan to allocate more spending toward the Software Acquisition Pathway (SWP), a strategy first deployed in 2020. Its stated aim is to "provide for the efficient and effective acquisition, development, integration, and timely delivery of secure software." Let's explore how Palantir Technologies (NASDAQ: PLTR) and (NYSE: BBAI) are capitalizing on AI's shift from hardware to software and how each company is approaching the opportunity with SWP. 1. Palantir Technologies: The AI darling of the U.S. government Palantir has been at the center of several notable deals with the federal government throughout 2025. In late May, it deepened its relationship with the Department of Defense (DOD) through a $795 million extension featuring its Maven Smart System (MSS). This brought the total value of the MSS program to $1.28 billion, making it a long-term revenue driver. More recently, the company won a deal with the Army reportedly worth up to $10 billion over the next 10 years. Palantir's wins extend beyond the U.S. military as well. The company is building the Immigration Lifecycle Operating System -- often referred to as ImmigrationOS -- for Immigration and Customs Enforcement (ICE). Signing multiyear billion-dollar deals provides Palantir with high revenue visibility, keeps its customer base sticky, and opens the door to upsell or cross-sell added services down the road. The ability to parlay its defense expertise into other government functions also expands Palantir's public sector footprint and reinforces the breadth of its capabilities -- solidifying its role as a ubiquitous AI backbone for the U.S. government. 2. A niche player helping the public sector Another AI software developer that has signed deals with the U.S. government this year is In February, it won a contract with the DOD to design a system to assist national security decision-making by analyzing trends and patterns in foreign media. Shortly thereafter, the company won a $13.2 million deal spread over three and a half years to support the Joint Chiefs of Staff's force management and data analytics capabilities. In May, the company partnered with Hardy Dynamics to advance the Army's use of machine learning and AI for autonomous drones. Lastly, has a deal with U.S. Customs and Border Protection to deploy its biometric AI infrastructure system, called Pangiam, at a dozen major airports across North America to help streamline arrivals and improve security protocols. Which is the better stock: Palantir or Between the two stocks, I see Palantir as the clear choice. has proved it can win meaningful government contracts, but its work is more niche-focused and smaller in scale compared to Palantir's multibillion-dollar deals across multiple platforms. In my view, popularity is largely with retail investors who are hoping that it becomes the "next Palantir." Smart investors know that hope is not a real strategy. Prudent valuation analysis -- and not speculation -- is required to know which stock is truly worth buying. While some on Wall Street may argue that Palantir stock is cheap based on software-specific metrics such as the Rule of 40, I'm not entirely bought into such a narrative. PLTR PS Ratio data by YCharts. Traditional approaches to valuation, such as the price-to-sales ratio (P/S), show that Palantir is the priciest software-as-a-service stock among the businesses in the chart above -- and its valuation expansion means that shares are becoming even more expensive as the stock continues to rally. Palantir is an impressive company that has proved it can deliver on crucial applications, but the stock is historically expensive. I think that investors are better off waiting for a more reasonable entry point and paying a more appropriate price down the road. Should you invest $1,000 in Palantir Technologies right now? Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Palantir Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,155!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,106,071!* Now, it's worth noting Stock Advisor's total average return is 1,070% — a market-crushing outperformance compared to 184% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Adam Spatacco has positions in Alphabet, Amazon, Microsoft, Nvidia, and Palantir Technologies. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Datadog, Microsoft, MongoDB, Nvidia, Palantir Technologies, ServiceNow, Snowflake, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
Globe and Mail
2 hours ago
- Globe and Mail
XN LP Increases Stake in Amazon with 262,992 Shares
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. XN LP, managed by Gaurav Kapadia, recently executed a significant transaction involving Inc. ((AMZN)). The hedge fund increased its position by 262,992 shares. Spark's Take on AMZN Stock According to Spark, TipRanks' AI Analyst, AMZN is a Outperform. Amazon's overall stock score is driven by strong financial performance and positive earnings call insights, highlighting robust growth and strategic advancements. While technical analysis and valuation suggest caution, the company's innovation and market leadership position it well for future growth. To see Spark's full report on AMZN stock, click here. More about Inc. YTD Price Performance: 4.89% Average Trading Volume: 42,657,024 Current Market Cap: $2463.4B Disclaimer & Disclosure Report an Issue
