LOUISIANA-PACIFIC CORPORATION Overview
Company Headquarters: US
Founded: 1973
Workforce: ~4,900
Company Working: Louisiana-Pacific Corporation (Louisiana-Pacific) is engaged in designing, manufacturing, and marketing building products for the construction, repair, and remodeling and outdoor structures markets. The company offers panels, framing, outdoor building products, and furniture panels. It produces sub-flooring, I-joist, rim board, laminated strand lumber, LVL, sheathing, trim and siding, furniture panels molding, sheds, and radiant barriers. It operates through four segments, namely, siding, oriented strand board (OSB), engineered wood products, and South America. The siding segment offers wood-based sidings, trim, soffit, fascia, and pre-finished lap and trim products in a variety of patterns and textures. The OSB segment manufactures and distributes OSB structural panel products. The engineered wood products segment covers LVL, laminated strand lumber, I-joists, and other related products. The South America segment includes the distribution of OSB and siding products in South America and other export markets
Louisiana-Pacific markets its products under its LP Legacy, LP SmartSlide, LP FlameBlock, LP TopNotch, LP TechShield, LP CanExcel, and LP Outdoor Building Solutions brands. The company offers its products to professional building products dealers, traditional distribution, third-party wholesale buying groups, home centers, and other retailers. It has a presence across the Americas.
Strategy
Louisiana-Pacific strategizes to grow by shifting from offering commodity building products to value-added, high performance branded solutions. It focuses on increasing its brand recognition by expanding its siding segment and accelerating its growth through innovation. Additionally, the company concentrates on effective capital deployment and improving its operational efficiency in its manufacturing facilities to produce sustainable products.
