LP taps M.J. Palmiere to head Canadian OSB operations
Louisiana-Pacific Corporation has appointed M.J. "Mac" Palmiere as oriented strand board regional operations manager for Canada, effective Dec. 2.
"We are very fortunate to have someone of Mac’s caliber and experience join the LP team at a time when our Canadian operations are becoming an even more important part of our business," EVP OSB Jeff Wagner said. "Mac has more than 26 years of experience in the forest industry, 16 of them in management, from mill manager to president and CEO."
In his new role, Palmiere will head the company’s OSB operations in Canada and will be the senior operations leader in the Vancouver office following the completion of the Ainsworth acquisition, which was recently stalled by the Department of Justice via an extended antitrust waiting period.
Previously, Palmiere was president and CEO of Howe Sound Pulp and Paper in British Columbia. His resume also includes a stint as regional manager and VP operations at Canfor.
Palmiere served on the board of directors of Peace Valley OSB during his time with Canfor, which is a joint venture between LP and Canfor that was purchased by LP earlier this year.
LP-Ainsworth deal gets more scrutiny
The U.S. Department of Justice extended the waiting period for Louisiana-Pacific Corp.’s planned acquisition of Ainsworth Lumber Co., requesting additional information from the two companies.
Once they’ve complied with the request, which were issued under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the companies will have to wait 30 days before the transaction closes. The antitrust waiting period may change if the companies voluntarily extend it, or if the Department of Justice terminates it earlier.
LP announced the $1.1 billion deal in September. CEO Curt Stevens said the deal will help LP make the most of the housing recovery by leveraging Ainsworth’s resources and access to international growth markets.
Pending U.S. and Canadian regulatory approval, the transaction is slated to close in the first quarter of 2014.
3M addresses holiday decorating
3M is introducing a new series of outdoor decorating solutions via its Command Brand product lineup, a departure for the usually indoors-oriented brand.
“Every holiday season, Command Brand Products help homeowners transform the inside of their homes with festive decorations,” says Kate Semersky, Command Brand business unit manager. “With the addition of Command Outdoor Products, we will empower homeowners to expand their creativity on the exterior of their homes as well.”
The collection of Command Outdoor Products will include damage-free window hooks, decorative hooks and light clips that are designed to hold up in the rain, snow, and in extreme temperatures (from -20F up to 125F).
3M is also teaming up with YouTube celebrity John Storms, who is internet-famous for his extravagant lighting displays, to bring customers some expert tips on holiday decorating. His how-to video can be found on the Command website.