LOUISIANA-PACIFIC CORPORATION

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.

Company Snapshot

$2,233M

Revenue

4,900

Employees

1973

Founded

US

Headquarters

SWOT Analysis

Strengths

Vast customer base
Strong manufacturing capacities
Steady revenue generation

Weaknesses

Dependence on the Americas for revenue generation

Opportunities

Opportunities for growth in construction markets
Strategic investments through expansions

Threats

High competition from key players
Fluctuation in raw material prices
Stringent environmental regulations

Key Developments

Date	Approach	Development
–	Acquisition	Louisiana-Pacific acquired International Barrier Technology Inc., a company based in Watkins, Minnesota that manufactures fire retardant coating used in engineered wood products. This USD 22 million agreement involved cash for shares, making Barrier technology Inc. a wholly owned subsidiary of Louisiana-Pacific.
–	Acquisition	Louisiana-Pacific acquired Prefinished Staining Products, Inc. (PSPI), a pre-finishing siding company in Green Bay, Wisconsin. This acquisition helped grow Louisiana-Pacific’s siding business and increase its market penetration.

Product Offering

LOUISIANA-PACIFIC CORPORATION
- Framing

Financial Performance

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