NASHVILLE, Tenn.--(BUSINESS WIRE)--Sep. 20, 2018--
Louisiana-Pacific Corporation (LP) (NYSE:LPX) announced today that due
to Hurricane Florence, its Wilmington, N.C. engineered wood operations
have been temporarily shut down.
“Our thoughts and prayers are with those impacted by this storm,
especially our employees,” LP CEO Brad Southern said.
“We are thankful that as far as we know, none of our employees have been
injured during the storm and subsequent flooding over the past few days,
however many have damaged homes and some have been displaced by the
flooding,” he added.
The company’s Wilmington mill suffered damage in the storm. An LP
response team has begun assessing the extent of the damage.
LP has inventory at the mill that was not damaged and plans to continue
servicing customers for the near term from inventory on hand at the
Wilmington facility.
LP employs 700 people at its three North Carolina mills, including 149
at its engineered wood products plant in Wilmington. The company’s
operations in Roaring River and Roxboro were not impacted by the storm.
About LP
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. From manufacturing facilities in the
U.S., Canada, Chile and Brazil, LP products are sold to builders and
homeowners through building materials distributors and dealers and
retail home centers. Founded in 1973, LP is headquartered in Nashville,
Tennessee and traded on the New York Stock Exchange under LPX. For more
information, visit www.lpcorp.com.
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Source: Louisiana-Pacific Corporation
Louisiana-Pacific Corporation
Media Relations:
Mark Morrison,
615-986-5886
or
Investor Relations:
Becky Barckley/Mike
Kinney, 615-986-5600