Content about Louisiana-Pacific

March 27, 2014

Louisiana-Pacific (LPX) gained 3.31% on Thursday, but it was a solitary bright spot in an otherwise downward-trending day for HCN Stocks.

March 13, 2014

Louisiana-Pacific (LPX) led the pack in market decreases Wednesday, down 1.62% for the day.

February 18, 2014

Louisiana-Pacific (LPX) dragged its feet on Tuesday, dipping 3.01% to $17.41 a share.

February 14, 2014

Louisiana-Pacific's net income shot up to over five times its 2012 totals in 2013, even though the company posted a loss in the fourth quarter.

Net sales for the quarter ended Dec. 31 were $479.7 million, up from year-ago figures of $453.9 million. For the full year, sales were up 23.3% at $2.09 billion.

Net income for LP came in at a loss of $20.4 million for the quarter, compared to 2012's fourth-quarter income of $46.1 million. However, LP more than made up for it over the course of 2013, generating $177.1 million in income over 2012's $28.8 million.

February 13, 2014

The pending deal between Ainsworth Lumber and Louisiana-Pacific has been put off further by new timing agreements with the Canadian Competition Bureau and the Antitrust Division of the U.S. Department of Justice.

Ainsworth and LP have both agreed that they will not consummate the acquisition before March 13, giving federal regulators time to continue their reviews. As a result, the companies have extended the outside date for completion from March 4 to April 18.

December 15, 2013

Louisiana Pacific (LPX) got a hearty boost of 6.18% on Friday, just in time for the weekend.

July 11, 2013

Some were up, some were down at Wednesday’s close. BlueLinx and Louisiana-Pacific were on the slightly more extreme end of things with a -3.59% and +3.38% change, respectively.

May 7, 2013

Louisiana-Pacific reported net sales of $538 million, an increase from $362 million in the first quarter of 2012.

Louisiana-Pacific reported net sales of $538 million, an increase from $362 million in the first quarter of 2012. For the first quarter of 2013, LP reported income from continuing operations of $65 million, compared with a loss from continuing operations of $11 million for the first quarter of 2012.

February 11, 2013

Louisiana-Pacific has reported total sales for the fourth quarter of $459 million, up 47% from $312 million in the fourth quarter of 2011.

Louisiana-Pacific has reported total sales for the fourth quarter of $459 million, up 47% from $312 million in the fourth quarter of 2011. The company reported operating income of $47 million in the fourth quarter, compared with an operating loss of $26 million in the fourth quarter of 2011. 

For the year ended Dec. 31, 2012, LP reported net sales of $1.7 billion compared with $1.4 billion in 2011. Operating income totaled $107 million, compared with an operating loss in 2011 of $140 million.

December 3, 2012

In a Dec. 3 filing with the Securities and Exchange Commission (SEC), Louisiana-Pacific (LP) announced it will receive a $20 million payment from Deutsche Bank Securities to settle a lawsuit between the two companies. Deutsche Bank Securities will pay the sum without admitting any liability or wrong-doing, and LP will dismiss the legal proceedings with prejudice. Each company will release the other from all claims and liabilities arising out of the sale and purchase of the auction rate securities.

August 15, 2012

Anchor Peabody, a private investment and financial advisory firm specializing in the U.S. building products and construction industry, has added Harold Stanton and Paul Haefcke to its advisory board.

Stanton is the former CEO of Pope & Talbot. His 40-year career in the wood products industry includes various executive leadership positions with Louisiana Pacific, International Paper and APA – The Engineered Wood Association.

August 15, 2012

Anchor Peabody, a private investment and financial advisory firm specializing in the U.S. building products and construction industry, has added Harold Stanton and Paul Haefcke to its advisory board.

Stanton is the former CEO of Pope & Talbot. His 40-year career in the wood products industry includes various executive leadership positions with Louisiana Pacific, International Paper and APA – The Engineered Wood Association.

August 1, 2012

Louisiana-Pacific Corp., one of the industry’s leading suppliers of oriented strand board (OSB) and other building materials, announced net sales of $428 million for its second fiscal quarter, an 18% hike over sales of $362.4 million in the same quarter a year ago.

May 8, 2012


Louisiana-Pacific Corp., one of the industry’s leading suppliers of oriented strand board and other building materials, announced net sales of $361.5 million for its first fiscal quarter of 2012, compared with $331.7 million during the same quarter a year ago. 

March 15, 2012

Louisiana-Pacific Corp. has announced the appointment of Curt Stevens as its new CEO, effective May 4. He will replace Rick Frost, who is retiring after seven years as chief executive. Frost will remain with the company until May 31 to aid in the transition.

February 7, 2012

Louisiana-Pacific reported a fourth-quarter net loss of $46.6 million, compared with a net loss of $6.8 million in the prior-year quarter. For the quarter ended Dec. 31, 2011, LP reported net sales of $312 million, down 1.3% from $316 million in the fourth quarter of 2010.

November 7, 2011

Louisiana-Pacific has posted a third-quarter net loss of $65.6 million, compared with a net loss of $32 million in the third quarter of 2010. Net sales for the quarter ended Sept. 30 totaled $351 million, up 8.7% from $323 million in the year-ago period.

November 7, 2011

Louisiana-Pacific has posted a third-quarter net loss of $65.6 million, compared with a net loss of $32 million in the third quarter of 2010. Net sales for the quarter ended Sept. 30 totaled $351 million, up 8.7% from $323 million in the year-ago period.

August 24, 2011

Louisiana-Pacific Corp. has announced that its Dawson Creek, B.C., mill will curtail production of oriented strand board (OSB) beginning Aug. 25. The mill will continue to manufacture LP TechShield Radiant Barrier Sheathing to support its customers' needs in West Coast markets. 

The Dawson Creek OSB mill was constructed in 1987 and currently employs 114 people. After winterization and preparations for press shutdown are completed, about 26 employees will be retained to operate the TechShield Radiant Barrier line, and maintain the plant and equipment. 

June 7, 2011

To complement the baseball theme of its Grand Slam Power Challenge promotion at the National Hardware Show last month, Briggs & Stratton presented its catalog in the form of baseball cards. It featured a portrait of the product on the front, with stats and information on the back.


“We thought our customers might find them a bit more interesting and handy than a product catalog,” said Eric Loferski, director of marketing of Briggs & Stratton’s portable power and cleaning systems.


The idea may be catching on. 


May 10, 2011

Louisiana-Pacific (LP), one of the industry’s leading producers of oriented strand board (OSB), siding and engineered wood products, reported net sales of $332 million for the first quarter of 2011, a 12% increase over sales of $297 million in the same period of 2010. 

The company reported a loss from continuing operations of $23 million for the quarter, which ended March 31, reflecting no change from the $23 million loss in the first quarter of 2010.

May 10, 2011

Louisiana-Pacific (LP), one of the industry’s leading producers of oriented strand board (OSB), siding and engineered wood products, reported net sales of $332 million for the first quarter of 2011, a 12% increase over sales of $297 million in the same period of 2010. 

The company reported a loss from continuing operations of $23 million for the quarter, which ended March 31, reflecting no change from the $23 million loss in the first quarter of 2010.

March 7, 2011

“There are no sissies left in this business.”


That’s the official Home Channel News quote of the month, from Rick Frost, the CEO of Nashville, Tenn.-based Louisiana-Pacific.


February 11, 2011

Louisiana-Pacific CEO Rick Frost has a theory as to why the LBM industry isn't seeing more consolidation.

"It's over-simplistic and you've heard me say it and everybody laughs at me when I do, but there aren't any sissies left in this business," he said during the company's fourth-quarter earnings call. "Nobody wants to give up their shop and let somebody else own them. It's my opinion."

February 10, 2011

While still waiting for housing starts to improve, Louisiana-Pacific posted strong sales gains for the year and the quarter, while overseeing growth in engineered wood products, siding and OSB. 

Nashville, Tenn.-based LP posted fourth-quarter sales of $316 million, up 14% from the same quarter last year. However, losses from continuing operations were $2 million, compared with a $47 million loss in the prior-year quarter.