LP acquires St. Louis prefinish facility
Louisiana-Pacific Corporation (LP) has acquired the prefinishing assets at a Granite City, Ill., prefinish facility near St. Louis owned by BlueLinx.
“The prefinish siding market continues to grow, and we aim to capture more of that growth in our siding business,” said Neil Sherman, LP executive vice president for siding.
Sherman also said that LP is investing in building LP SmartSide strand prefinishing capabilities at the company’s siding facility in Roaring River, N.C.
“These moves, along with the earlier purchase of a prefinishing company in Green Bay, Wis., will provide us with the facilities, capabilities and expertise to grow this market,” he said.
Terms of the acquisition were not disclosed.
The building products manufacturer said the moves align with LP’s business strategy to provide building solutions and is a significant step toward its goal of launching a national LP SmartSide Trim and Siding-branded prefinished siding solution.
“The prefinish siding market continues to grow, and we aim to capture more of that growth in our siding business,” said Neil Sherman, LP executive vice president for siding.
Sherman also said that LP is investing in building LP SmartSide strand prefinishing capabilities at the company’s siding facility in Roaring River, N.C.
“These moves, along with the earlier purchase of a prefinishing company in Green Bay, Wis., will provide us with the facilities, capabilities and expertise to grow this market,” he said.
Terms of the acquisition were not disclosed.
The building products manufacturer said the moves align with LP’s business strategy to provide building solutions and is a significant step toward its goal of launching a national LP SmartSide Trim and Siding-branded prefinished siding solution.