November 7, 2011

Louisiana-Pacific has posted a third-quarter net loss of $65.6 million, compared with a net loss of $32 million in the third quarter of 2010. Net sales for the quarter ended Sept. 30 totaled $351 million, up 8.7% from $323 million in the year-ago period.

March 7, 2011

“There are no sissies left in this business.”


That’s the official Home Channel News quote of the month, from Rick Frost, the CEO of Nashville, Tenn.-based Louisiana-Pacific.


February 11, 2011

Louisiana-Pacific CEO Rick Frost has a theory as to why the LBM industry isn't seeing more consolidation.

"It's over-simplistic and you've heard me say it and everybody laughs at me when I do, but there aren't any sissies left in this business," he said during the company's fourth-quarter earnings call. "Nobody wants to give up their shop and let somebody else own them. It's my opinion."

February 10, 2011

While still waiting for housing starts to improve, Louisiana-Pacific posted strong sales gains for the year and the quarter, while overseeing growth in engineered wood products, siding and OSB. 

Nashville, Tenn.-based LP posted fourth-quarter sales of $316 million, up 14% from the same quarter last year. However, losses from continuing operations were $2 million, compared with a $47 million loss in the prior-year quarter. 

November 7, 2010

Nashville, Tenn.-based Louisiana-Pacific reported a third-quarter net loss of $32 million compared with a loss...

December 1, 2008

The Nashville, Tenn. building materials supplier will lay off 200 salaried workers and freeze expenditures...

May 6, 2008

The company saw deeper losses in the first quarter, down to $46.4 million from losses...