Prices for LP's main product, oriented strand board, continue to shoot higher, with prices recently up 35% and at the highest levels in over a decade. LP's SmartSide business continues to perform well ...

May 2—No one's yelling "timber" on lumber prices anytime soon. Wood product prices have skyrocketed over the past year, and don't show any signs of falling. "We've seen a pretty drastic increase in ...

Ainsworth Lumber Co. announced Friday it reached agreement to settle a class-action suit that alleges price-fixing by some of the nation's major oriented strand board manufacturers. The $8.6 million ...

LPX is transitioning from a commodity business to specialized products, such as engineered wood siding and performance OSB, which offers higher revenues and more stable profit margins. The OSB market, ...

No-moat-rated Louisiana-Pacific LPX reported lackluster second-quarter results as lumber markets faced persistent pressure amid a stagnant housing market. Net sales plunged 46% year over year as ...

CEO William Bradley Southern highlighted continued growth in the Siding segment despite "an increasingly challenging market backdrop," noting that "LP's Siding segment executed our strategy and ...

No-moat Louisiana-Pacific LPX reported first-quarter results that were largely in line with our expectations. Lower wood product prices and moderating demand weighed on the firm, with revenue ...

July 26 (Reuters) - Canadian wood panels maker Norbord Inc's second-quarter profit rose on improved prices for oriented strand board (OSB). OSB, similar to plywood but cheaper, is commonly used to ...