Louisiana-Pacific Corporation, commonly known as "LP", is an American building materials manufacturer. It was the largest securities settlement in Oregon history. Under this new leadership, LP began the difficult task of regrouping. According to the ICC Evaluation Service (ICC-ES), it provides extended burn-through resistance, delivering a 15-minute thermal barrier (ASTM E119). Also that year, the company settled a 1993 sexual harassment suit against Merlo. But Friedrichs and Jack Emmer, a wood product salesman with Viking Forest in Minneapolis who sold Friedrichs the Thermastrand, said radiant barrier products have not caught on in northern climates. In 1999, LP purchased Evans Forest Products Ltd., a Canadian manufacturer of engineered wood and lumber products. During the 1990s, LP was the defendant in a major class-action lawsuit over its OSB siding product known as Inner Seal, manufactured from the early 1990s through 1996. Building Specialties in Franklin on YP.com. In 2005, LP announced its intent to sell its vinyl siding business to KP Building Products, including LP's two vinyl siding mills, located in Holly Springs, Miss., and Acton, Ontario, and a warehouse in Milton, Ontario. Buy Now . Louisiana-Pacific Corporation is a leading manufacturer of quality engineered wood building materials, including OSB, structural framing products, and exterior siding for use in residential, industrial and light commercial construction. Building on … more Louisiana-Pacific Corporation is a supplier of building products. In 1996, LP paid $65 million to settle a class-action lawsuit filed the previous year by LP shareholders who alleged that the company had 'violated securities laws by failing to disclose that the company's oriented-strand boards were defective,' as the Portland Oregonian reported on December 5, 1996. [6], Louisiana-Pacific was formed in July 1972 when the Georgia-Pacific Corporation spun off the wholly owned subsidiary. [1], This proved to be an especially difficult task as timber shortages wracked the entire industry. [1] Today, LP is the world's largest producer of OSB, and manufactures engineered wood building products. Tyco Fire Protection Products is a leading manufacturer of water-based fire suppression system components and ancillary building construction products. Despite its many achievements, LP encountered a number of serious obstacles in the 1990s. Contributions are focused in four areas: shelter, education, social services and the environment. If there’s an error on this page, please let us know. To make matters worse, LP lost 26,000 acres of harvestable old-growth timberland with the expansion of the Redwood National Park in Northern California. Two years later, LP acquired ABT Building Products Corporation, a transaction it heralded as a way 'to expand its specialty products lines and complement its low-cost commodity building products,' according to the Wall Street Journal. Home Contact Us. The company was founded in 1972 as a spin-off of Georgia-Pacific Corporation and … Louisiana-Pacific acquires Fibreboard Corporation; U.S. government acquires a portion of Louisiana-Pacific's timberlands to form Redwood National Park in California. Menu & Reservations Make Reservations . [1], Merlo strove to shepherd the company through its early difficulties. Corp; Canfor-LP OSB Limited Partnership; US GreenFiber, LLC, Georgia-Pacific Group; Boise-Cascade Corporation; Jamies Hardie; Weyerhaeuser Company; Tolko. Tabs. Following the initial divestitures, the company focused on core businesses, including OSB, siding; engineered wood products, and plastic building products (vinyl siding, composite decking and mouldings). [1] Instead of relying on larger, more expensive old-growth timber, LP found ways to make structural building products from small-diameter, fast-growing trees. [5], Over the years, LP has been associated with professional sports in different manners. (LP received a final payment of $440 million from the government for this land in 1988.) “We know that by using LP building products, our shed is going to last for years—just like the other buildings that have been here for years on our farm.” Watch how LP® Outdoor Building Solutions® helped Liz Marie customize a serene backyard office to create a true extension of her home. LPB/WPPS-60-01 Wall Assembly. In 1996, LP closed the Ketchikan Paper Company, as well as 22 plants and mills. By that year, only one-third of LP's sales came from dimensional lumber—the studs and solid wood joists that frame houses—while over half its revenue came from OSB products, and another 20 percent from engineered wood products and pulp. Furthermore, along with wood products such as LPI joists and laminated veneer lumber, the company also produces Cocoon cellulose insulation. The conversion of the Hayward Mill was scheduled for 2005. [17], In line with the company's restructuring, in May 2004, Louisiana-Pacific announced a strategic plan to convert LP's Hayward, Wisc., commodity-oriented strand board (OSB) mill to make SmartSide siding products and replace this capacity with a new, state-of-the-art, low-cost OSB mill in Alabama. LP has been delivering innovative building products for over 40 years. It's our exclusive focus on engineered wood products that makes all the difference.FRAMING - Build stronger walls, sub-floors and structural support in your next construction project.PANELS - LP’s popular OSB sheathing products help builders construct high-performance structures.SIDING - Engineered durability with the style and beauty of traditional wood.OUTDOOR BUILDING SOLUTIONS - LP creates engineered wood products specifically made for outdoor building structures. Chez LP notre première priorité est toujours la sécurité et le bien-être de nos employés, clients, fournisseurs et communautés. But the company has said it still intends to reopen the 130-worker Clarke County mill, which can make more than 700 million square feet a year of OSB at full capacity.[20]. Osb Panel Siding Mfg.# 4x10 Sku# 4550372. '[4], In the late 1970s, the company began manufacturing OSB by slicing logs into wafers, mixing the wafers with resin, and then pressing them into sheets. It was founded in 1973 and is currently based in Nashville, Tennessee. 30833 Northwestern Hwy. We continue to improve our current products while developing new ones with superior strength, durability, and quality for advanced ways of building. About LP Building Products. It was the largest class-action lawsuit in the defunct North American soccer League ( NASL ),,! Of timber Realization company 800,000 homeowners who had used the Inner-Seal line by 1990 amounted to almost 30 percent the. 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