Fiber Composites completes purchase of L-P business

Decking, railing and fencing company Fiber Composites has completed its purchase of Louisiana-Pacific’s (L-P) WeatherBest decking and railing business. Terms of the deal were not disclosed.

The acquisition, announced in July, includes L-P’s WeatherBest brand and a manufacturing facility in Meridian, Idaho.

The 175,000-square-foot facility also will be used to manufacture Fiber Composites’ existing brands, including Fiberon, Veranda and Portico decking and railing systems.

Fiber Composites, based in New London, N.C., was founded in 1997.

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