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Associated Press
06-08-2025
- Business
- Associated Press
LP Building Solutions Reports Second Quarter 2025 Results and Reaffirms Full Year Siding Guidance
NASHVILLE, Tenn.--(BUSINESS WIRE)--Aug 6, 2025-- Louisiana-Pacific Corporation (LP) (NYSE: LPX), a leading manufacturer of high-performance building products, today reported its financial results for the three and six months ended June 30, 2025. Key Highlights for Second Quarter 2025, Compared to Second Quarter 2024 Capital Allocation Update 'LP's Siding segment grew and captured share to set new records for sales volume, sales revenue, and EBITDA in the second quarter,' said LP Chairperson and CEO Brad Southern. 'While the OSB market is challenging currently, with commodity prices at multi-year lows, LP will continue to execute its OSB segment strategy safely, with efficiency and discipline.' Outlook LP is providing financial guidance for the third quarter of 2025 and full year 2025 as set forth in the table below. Guidance is based on current plans and expectations and is subject to a number of known and unknown uncertainties and risks, including those set forth below under 'Forward-Looking Statements.' Second Quarter 2025 Highlights Net sales for the second quarter of 2025 decreased by $60 million to $755 million compared to the prior-year period. Siding revenue increased by $45 million (or 11%), due to 8% higher volumes and 2% higher prices. OSB revenue decreased by $101 million, driven by a decline in prices. Net income for the second quarter of 2025 decreased year-over-year by $106 million to $54 million ($0.77 per diluted share). The decline primarily reflects an $86 million decrease in Adjusted EBITDA, along with asset impairments of $17 million and reorganization costs of $3 million. The year-over-year decrease in Adjusted EBITDA for the second quarter includes a $102 million impact from lower OSB selling prices, a $6 million inventory valuation charge, and $3 million in tariff expenses related to sales into Canada. These were partially offset by a $28 million benefit from higher Siding selling prices and volumes. First Six Months of 2025 Highlights Net sales for the first six months of 2025 decreased year-over-year by $60 million to $1.5 billion. Siding revenue increased by $86 million (or 11%), due to 9% higher volumes and 2% higher prices. OSB revenue decreased by $147 million, driven by lower prices and a slight decline in volumes. Net income for the first six months of 2025 decreased year-over-year by $123 million to $145 million ($2.07 per diluted share). The decrease primarily reflects a $106 million decrease in Adjusted EBITDA, $17 million of impairment charges, reorganization costs of $5 million, and the removal of $15 million in business exit credits, partially offset by a $49 million decrease in the provision for income taxes. The year-over-year decrease in Adjusted EBITDA includes a $139 million impact from lower OSB selling prices and volumes, a $5 million inventory valuation charge, $7 million of strategic investments in sales and marketing, and $5 million in tariff expenses primarily related to sales into Canada. These were partially offset by a $51 million benefit from higher Siding sales volumes and selling prices. Segment Results Siding The Siding segment serves diverse end markets with a broad product portfolio of engineered wood siding, trim, soffit, and fascia, including LP ® SmartSide ® Trim & Siding, LP ® SmartSide ® ExpertFinish ® Trim & Siding, LP BuilderSeries ® Lap Siding, and LP ® Outdoor Building Solutions ® (collectively referred to as Siding Solutions). Segment sales and Adjusted EBITDA for this segment were as follows (dollar amounts in millions): For the three and six months ended June 30, 2025, Siding net sales increased year-over-year by $45 million and $86 million, respectively, reflecting higher sales volumes and higher selling prices. ExpertFinish net sales increased by 17% and 20% for the three and six months ended June 30, 2025, respectively, compared to the prior-year periods. Adjusted EBITDA for the Siding segment increased by $20 million and $36 million for the three and six months ended June 30, 2025, respectively, compared to the prior-year periods. This growth was driven by higher sales volume and strong pricing, partially offset by strategic investments in sales and marketing—$2 million in the quarter and $7 million year to date—as well as tariff expenses of $3 million for the quarter and $5 million year to date. OSB The OSB segment manufactures and distributes OSB structural panel products, including the innovative value-added OSB product portfolio known as LP ® Structural Solutions (which includes LP ® TechShield ® Radiant Barrier, LP WeatherLogic ® Air & Water Barrier, LP Legacy ® Premium Sub-Flooring, LP NovaCore ® Thermal Insulated Sheathing, LP ® FlameBlock ® Fire-Rated Sheathing, LP ® TopNotch ® 350 Durable Sub-Flooring) and LP ® Oriented Strand Board. Segment sales and Adjusted EBITDA for this segment were as follows (dollar amounts in millions): For the three and six months ended June 30, 2025, OSB net sales decreased by $101 million and $147 million, respectively, compared to the same prior-year periods. These decreases were primarily driven by lower OSB prices. Adjusted EBITDA for the OSB segment for the same periods decreased year-over-year by $106 million and $143 million, respectively, also reflecting the impact of lower OSB prices. LPSA The LPSA segment manufactures and distributes OSB structural panel and Siding Solutions products in South America and certain export markets. This segment also sells and distributes a variety of companion products to support the region's transition to wood frame construction. The LPSA segment carries out manufacturing operations in Chile and Brazil and operates sales offices in Argentina, Brazil, Chile, Colombia, Mexico, Paraguay, and Peru. Segment sales and Adjusted EBITDA for this segment were as follows (dollar amounts in millions): For the three months ended June 30, 2025, net sales and Adjusted EBITDA declined year-over-year by $3 million and $1 million, respectively, primarily due to lower OSB prices. For the six months ended June 30, 2025, net sales and Adjusted EBITDA for the LPSA segment increased by $2 million and $1 million year-over-year, respectively, driven by higher Siding volume and prices, partially offset by lower OSB prices. Conference Call LP will hold a conference call to discuss this release today at 11 a.m. Eastern Time (8 a.m. Pacific Time). Investors will have the opportunity to listen to the conference call live by going to For those who cannot listen to the live broadcast, the recorded webcast and accompanying presentation will be available to the public by going to and clicking 'Events' under the 'News & Events' header. About LP Building Solutions 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 Sheathing, LP WeatherLogic ® Air & Water Barrier, LP Legacy ® Premium Sub-Flooring, LP NovaCore ® Thermal Insulated Sheathing, LP ® FlameBlock ® Fire-Rated 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 over 20 manufacturing facilities across the U.S., Canada, Chile, and Brazil. For more information, visit Forward-Looking Statements This news release contains statements concerning Louisiana-Pacific Corporation's (LP) future results and performance that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based upon the beliefs and assumptions of, and on information currently available to, our management; assumptions upon which such forward-looking statements are based are also forward-looking statements. Forward-looking statements can be identified by words such as 'may,' 'will,' 'could,' 'should,' 'believe,' 'expect,' 'anticipate,' 'assume,' 'intend,' 'plan,' 'estimate,' 'project,' 'target,' 'potential,' 'continue,' 'likely,' or 'future,' as well as similar expressions, or the negative or other variations thereof. Forward-looking statements include other statements regarding matters that are not historical facts, including without limitation, plans for product development, forecasts of future costs and expenditures, possible outcomes of legal proceedings, capacity expansion and other growth initiatives, the adequacy of reserves for loss contingencies, and any statements regarding the Company's financial outlook. Factors that could cause actual results to differ materially from those expressed or implied by the forward-looking statements include, but are not limited to, the following: changes in governmental fiscal, trade, and monetary policies, including the imposition of higher or new tariffs, trade barriers, and levels of employment; changes in general and global economic conditions, including impacts from rising inflation, supply chain disruptions, new, ongoing, or escalated geopolitical or military conflicts or tensions including the conflict between Russia and Ukraine, the conflicts in the Middle East, tensions between the United States and China, and tensions between China and Taiwan; the commodity nature of a segment of our products and the prices for those products, which are determined in significant part by external factors such as total industry capacity and wider industry cycles affecting supply and demand trends; changes in the cost and availability of capital; changes in the cost and availability of financing for home mortgages; changes in the level of home construction and repair and remodel activity, including as a result of labor shortages; changes in competitive conditions and prices for our products; changes in the relationship between supply of and demand for building products; changes in the financial or business conditions of third-party wholesale distributors and dealers of building products; changes in prices and the relationship between the supply of and demand for raw materials, including wood fiber and resins, used in manufacturing our products; changes in the cost and availability of energy, primarily natural gas, electricity, and diesel fuel; changes in the cost and availability of transportation, including transportation services provided by third parties; our dependence on third-party vendors and suppliers for certain goods and services critical to our business; operational and financial impacts from manufacturing our products internationally; difficulties in the development, launch or production ramp-up of new products; our ability to attract and retain qualified executives, management and other key employees; the need to formulate and implement effective succession plans from time to time for key members of our management team; impacts from public health issues (including global pandemics) on the economy, demand for our products or our operations, including the actions and recommendations of governmental authorities to contain such public health issues; our ability to identify and successfully complete and integrate acquisitions, divestitures, joint ventures, capital investments and other corporate strategic transactions; unplanned interruptions to our manufacturing operations, such as explosions, fires, inclement weather, natural disasters, accidents, equipment failures, labor shortages or disruptions, transportation interruptions, supply interruptions, public health issues (including pandemics and quarantines), riots, civil insurrection or social unrest, looting, protests, strikes, and street demonstrations; changes in global or regional climate conditions, the impacts of climate change, and potential government policies adopted in response to such conditions; changes in other significant operating expenses; changes in currency values and exchange rates between the U.S. dollar and other currencies, particularly the Canadian dollar, Brazilian real, Chilean peso, and Argentine peso; changes in, and compliance with, general and industry-specific laws and regulations, including environmental and health and safety laws and regulations, the U.S. Foreign Corrupt Practices Act and anti-bribery laws, laws related to our international business operations, and changes in building codes and standards; changes in tax laws and interpretations thereof; changes in circumstances giving rise to environmental liabilities or expenditures; warranty costs exceeding our warranty reserves; challenges to or exploitation of our intellectual property or other proprietary information by our competitors or other third parties; the resolution of existing and future product-related litigation, environmental proceedings and remediation efforts, and other legal or environmental proceedings or matters; the effect of covenants and events of default contained in our debt instruments; the amount and timing of any repurchases of our common stock and the payment of dividends on our common stock, which will depend on market and business conditions and other considerations; cybersecurity events affecting our information technology systems or those of our third-party providers and the related costs and impact of any disruption on our business; and acts of public authorities, war, political or civil unrest, natural disasters, fire, floods, earthquakes, inclement weather, and other matters beyond our control. For additional information about factors that could cause actual results, events, and circumstances to differ materially from those described in the forward-looking statements, please refer to LP's filings with the Securities and Exchange Commission (SEC). We urge you to consider all of the risks, uncertainties, and factors identified above or discussed in such reports carefully in evaluating the forward-looking statements in this news release. We cannot assure you that the results reflected in or implied by any forward-looking statement will be realized or even if substantially realized, that those results will have the forecasted or expected consequences and effects for or on our operations or financial performance. The forward-looking statements made today are as of the date of this news release. Except as required by law, LP undertakes no obligation to update any such forward-looking statements to reflect new information, subsequent events, or circumstances. Use of Non-GAAP Information In evaluating our business, we utilize non-GAAP financial measures that fall within the meaning of SEC Regulation G and Regulation S-K Item 10(e), which we believe provide users of the financial information with additional meaningful comparison to prior reported results. Non-GAAP financial measures do not have standardized definitions and are not defined by U.S. GAAP. In this press release, we disclose net income excluding interest expense, provision for income taxes, depreciation and amortization, stock-based compensation expense, loss on impairment attributed to LP, business exit credits and charges, product-line discontinuance charges, other operating credits and charges, net, loss on early debt extinguishment, investment income, pension settlement charges, other non-operating items, income from discontinued operations, net of income taxes, and net income attributed to noncontrolling interest, as Adjusted EBITDA (Adjusted EBITDA), which is a non-GAAP financial measure. We have included Adjusted EBITDA in this report because we view it as an important supplemental measure of our performance and believe that it is frequently used by interested persons in the evaluation of companies that have different financing and capital structures and/or tax rates. We also disclose net income excluding loss on impairment attributed to LP, business exit credits and charges, product-line discontinuance charges, interest expense outside of normal operations, other operating credits and charges, net, loss on early debt extinguishment, gain (loss) on acquisition, pension settlement charges, income from discontinued operations, net of income taxes, and net income attributed to noncontrolling interest, and adjusting for a normalized tax rate, as Adjusted Income (Adjusted Income), which is a non-GAAP financial measure. We also disclose Adjusted Diluted EPS, which is calculated as Adjusted Income divided by diluted shares outstanding (Adjusted Diluted EPS). We believe that Adjusted Diluted EPS and Adjusted Income are useful measures for evaluating our ability to generate earnings and that providing these measures should allow interested persons to more readily compare the earnings for past and future periods. Reconciliations of Adjusted EBITDA, Adjusted Income, and Adjusted Diluted EPS to their most directly comparable U.S. GAAP financial measures, net income and net income per share of common stock - diluted, respectively, are presented below. Adjusted EBITDA, Adjusted Income, and Adjusted Diluted EPS are not substitutes for the U.S. GAAP measures of net income and net income per share of common stock - diluted or for any other U.S. GAAP measures of operating performance. It should be noted that other companies may present similarly titled measures differently, and therefore, as presented by us, these measures may not be comparable to similarly titled measures reported by other companies. Adjusted EBITDA, Adjusted Income, and Adjusted Diluted EPS have material limitations as performance measures because they exclude items that are actually incurred or experienced in connection with the operation of our business. LOUISIANA-PACIFIC CORPORATION AND SUBSIDIARIES KEY PERFORMANCE INDICATORS The following tables present summary data relating to: (i) housing starts within the United States, (ii) our sales volumes, and (iii) our Overall Equipment Effectiveness (OEE) performance. We consider the following items to be key performance indicators for our business because LP's management uses these metrics to evaluate our business and trends in our industry, measure our performance, and make strategic decisions. We believe that the key performance indicators presented may provide additional perspective and insights when analyzing our core operating performance. These key performance indicators should not be considered superior to, as a substitute for, or as an alternative to, and should be considered in conjunction with, the financial measures that were prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). These measures may not be comparable to similarly titled performance indicators used by other companies. We monitor housing starts, which is a leading external indicator of residential construction in the United States that correlates with the demand for many of our products. We believe that this is a useful measure for evaluating our results and that providing this measure should allow interested persons to more readily compare our sales volume for past and future periods to an external indicator of product demand. Other companies may present housing start data differently, and therefore, as presented by us, our housing start data may not be comparable to similarly titled performance indicators reported by other companies. The following table sets forth housing starts for the three and six months ended June 30, 2025 and 2024 (in thousands): We monitor sales volumes for our products in our Siding, OSB, and LPSA segments, which we define as the amount of our products sold within the applicable period measured in million square feet (MMSF) on a standard 3/8" thickness basis. Evaluating sales volume by product type helps us identify and address changes in product demand, broad market factors that may affect our performance, and opportunities for future growth. It should be noted that other companies may present sales volume data differently, and therefore, as presented by us, sales volume data may not be comparable to similarly titled measures reported by other companies. We believe that sales volumes can be a useful measure for evaluating and understanding our business. The following table sets forth sales volumes for the three and six months ended June 30, 2025 and 2024 (in MMSF): We measure Overall Equipment Effectiveness (OEE) of each of our mills to track improvements in the utilization and productivity of our manufacturing assets. OEE is a composite metric that considers asset uptime (adjusted for capital project downtime and similar events), production rates, and finished product quality. We believe that when used in conjunction with other metrics, OEE can be a useful measure for evaluating our ability to generate profits, and that providing this measure should allow interested persons to monitor operational improvements. We use a best-in-class target across all LP sites that allows us to optimize capital investments, focus maintenance and reliability improvements, and improve overall equipment efficiency. It should be noted that other companies may present OEE data differently, and therefore, as presented by us, OEE data may not be comparable to similarly titled measures reported by other companies. OEE for the three and six months ended June 30, 2025 and 2024 for each of our segments is listed below: View source version on CONTACT: Investor Contact Aaron Howald 615.986.5792 [email protected] Media Contact Breeanna Straessle 615.986.5886 [email protected] KEYWORD: UNITED STATES NORTH AMERICA TENNESSEE INDUSTRY KEYWORD: ARCHITECTURE COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY BUILDING SYSTEMS LANDSCAPE OTHER CONSTRUCTION & PROPERTY INTERIOR DESIGN RESIDENTIAL BUILDING & REAL ESTATE SOURCE: Louisiana-Pacific Corporation Copyright Business Wire 2025. PUB: 08/06/2025 06:00 AM/DISC: 08/06/2025 06:02 AM
National Post
30-06-2025
- Business
- National Post
LP Building Solutions Named APA's 2024 Safest Company
Article content 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 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 Article content Article content Article content Article content Contacts Article content Media Contact Article content Article content Article content
Associated Press
30-06-2025
- Business
- Associated Press
LP Building Solutions Named APA's 2024 Safest Company
NASHVILLE, Tenn.--(BUSINESS WIRE)--Jun 30, 2025-- 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. 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. '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.' 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. 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. '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.' In total, seven LP facilities were recognized by APA's 2024 Safety and Health Awards, earning honors for incident-free performance and safety improvements: 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. 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. For the full list of APA's Safety and Health Award recipients, visit About LP Building Solutions 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 About APA – The Engineered Wood Association Founded in 1933 and based in Tacoma, Washington, APA represents approximately 175 plywood, oriented strand board, glulam timber, wood I-joist, rim board, cross-laminated timber, and structural composite lumber mills throughout North America. Its primary functions are product certification and testing, quality assurance, applied research, and market support and development. View source version on CONTACT: Media Contact 615-986-5886 [email protected] KEYWORD: UNITED STATES NORTH AMERICA CANADA TENNESSEE INDUSTRY KEYWORD: ARCHITECTURE PROFESSIONAL SERVICES FOREST PRODUCTS OTHER CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE NATURAL RESOURCES CONSTRUCTION & PROPERTY OTHER MANUFACTURING HUMAN RESOURCES BUILDING SYSTEMS MANUFACTURING SOURCE: LP Building Solutions Copyright Business Wire 2025. PUB: 06/30/2025 09:00 AM/DISC: 06/30/2025 09:01 AM
Business Wire
24-06-2025
- Business
- Business Wire
LP Building Solutions Releases 2025 Sustainability Report
NASHVILLE, Tenn.--(BUSINESS WIRE)-- LP Building Solutions (LP), a leading manufacturer of high-performance building products, today released its 2025 Sustainability Report, which details the company's continued emphasis on responsible practices across its operations, products, and community involvement. 'Sustainability is a core part of how we operate at LP." Share 'Sustainability is a core part of how we operate at LP,' said LP Chair and CEO Brad Southern. 'It informs our decision-making, strengthens our performance, and reflects our long-standing commitment to delivering value for our shareholders, customers, team members, and communities. This report reflects the real, everyday actions our teams take to deliver quality products, operate efficiently, and support the people and places around us.' Organized around five key pillars—Governance, People, Environment, Products, and Community—the report highlights how LP integrates responsibility and efficiency into its daily operations and business strategy. Highlights from LP's 2025 Sustainability Report include: Safety Leadership: For the 12th time in 16 years, LP was named Safest Company by APA–The Engineered Wood Association. Workforce Development: LP team members in North America completed nearly 100,000 hours of training last year. Carbon-Negative Products: LP has published nine environmental product declarations for products that represent 91% of its 2024 North American net sales—all independently verified as carbon negative. Sustainable Product Leadership: Seven LP® products earned National Green Building Standard® certifications, supporting sustainable building practices. Efficient Energy Use: Approximately 77% of LP's global energy use in 2024 came from renewable sources, primarily residual biomass generated during manufacturing. Greenhouse Gas Emissions Reduction: Since 2019, LP has reduced its Scope 1 and Scope 2 greenhouse gas emissions intensity (relative to net sales) by approximately 50%, reflecting continued operational efficiency. Verified Emissions Reporting: LP's global Scope 1 and Scope 2 greenhouse gas emissions were reviewed for completeness and accuracy, receiving limited assurance from an independent accounting firm. National Recognition: USA Today named LP one of America's Climate Leaders 2024. Community Investment: The LP Foundation increased funding for its Community Grants program by nearly $100,000 to support local initiatives in the communities in which the company operates. For the full 2025 Sustainability Report, visit About LP Building Solutions 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 (OSB). 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
National Post
24-06-2025
- Business
- National Post
LP Building Solutions Releases 2025 Sustainability Report
Article content Company highlights achievements in product innovation, safety, and responsible operations Article content NASHVILLE, Tenn. — LP Building Solutions (LP), a leading manufacturer of high-performance building products, today released its 2025 Sustainability Report, which details the company's continued emphasis on responsible practices across its operations, products, and community involvement. Article content 'Sustainability is a core part of how we operate at LP.' Article content 'Sustainability is a core part of how we operate at LP,' said LP Chair and CEO Brad Southern. 'It informs our decision-making, strengthens our performance, and reflects our long-standing commitment to delivering value for our shareholders, customers, team members, and communities. This report reflects the real, everyday actions our teams take to deliver quality products, operate efficiently, and support the people and places around us.' Article content Organized around five key pillars—Governance, People, Environment, Products, and Community—the report highlights how LP integrates responsibility and efficiency into its daily operations and business strategy. Article content Highlights from LP's 2025 Sustainability Report include: Article content Safety Leadership: For the 12th time in 16 years, LP was named Safest Company by APA–The Engineered Wood Association. Workforce Development: LP team members in North America completed nearly 100,000 hours of training last year. Carbon-Negative Products: LP has published nine environmental product declarations for products that represent 91% of its 2024 North American net sales—all independently verified as carbon negative. Sustainable Product Leadership: Seven LP® products earned National Green Building Standard® certifications, supporting sustainable building practices. Efficient Energy Use: Approximately 77% of LP's global energy use in 2024 came from renewable sources, primarily residual biomass generated during manufacturing. Greenhouse Gas Emissions Reduction: Since 2019, LP has reduced its Scope 1 and Scope 2 greenhouse gas emissions intensity (relative to net sales) by approximately 50%, reflecting continued operational efficiency. Verified Emissions Reporting: LP's global Scope 1 and Scope 2 greenhouse gas emissions were reviewed for completeness and accuracy, receiving limited assurance from an independent accounting firm. National Recognition: USA Today named LP one of America's Climate Leaders 2024. Community Investment: The LP Foundation increased funding for its Community Grants program by nearly $100,000 to support local initiatives in the communities in which the company operates. 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 (OSB). 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 Article content Article content Article content Article content Media Contact Article content Article content Article content
