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Louisiana-Pacific ( (LPX) ) has issued an update.
On April 2, 2025, Louisiana-Pacific Corporation announced the appointment of Jason Ringblom as President, effective April 7, 2025, to oversee all manufacturing and commercial operations. This move is part of LP’s strategic shift to streamline operations and enhance customer experience, positioning the company for growth. The reorganization includes the elimination of certain positions and the appointment of new leadership roles, aiming to integrate operations and optimize resource allocation for improved efficiency and customer engagement.
More about Louisiana-Pacific
Louisiana-Pacific Corporation (LP Building Solutions) is a leader in high-performance building solutions, specializing in engineered wood products for builders, remodelers, and homeowners globally. Their product portfolio includes Siding Solutions, Structural Solutions, and oriented strand board (OSB), with a focus on innovation, customer service, and durable construction. Founded in 1972 and headquartered in Nashville, Tennessee, LP operates 22 manufacturing facilities across the U.S., Canada, Chile, and Brazil.
YTD Price Performance: -9.27%
Average Trading Volume: 674,108
Technical Sentiment Signal: Sell
Current Market Cap: $6.35B
See more insights into LPX stock on TipRanks’ Stock Analysis page.