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Fortune Brands subsidiary Fiberon breaks ground on 500,000 sq. ft. polyethylene decking and composite cladding production facility in Columbia, Tennessee; on-site recycling plant will convert baled plastic waste into pellets used in Fiberon products
Published: May 13, 2022 by Business Wire
RBC Capital reiterates LP at outperform with US$100 target, noting strong Q1 results, increased full-year 2022 revenue growth estimate for siding; upside seen in LP's shares as it works through transition toward SmartSide, returns capital to shareholders
Published: May 06, 2022 by RBC Capital Markets LLC
AZEK launches Captivate prefinished siding and trim, developed in partnership with distributor Russin; line include shingle siding that duplicates look of cedar shingles, board and batten siding, and trim profiles to suit a range of architectural styles
Published: May 05, 2022 by Business Wire
Zacks: LP's Q1 adjusted EPS surpass Zacks Consensus Estimate, and net sales of US$1.34B also top estimate, driven by solid segmental results; siding segment's sales up 16.5% year-over-year, while OSB and EWP sales both rose 38%
Published: May 04, 2022 by Zacks Equity Research
LP starts production of LP SmartSide at former OSB mill in Houlton, Maine, which will produce soffit and LP ProStruct Flooring with SmartFinish, adding SmartSide lap and trim at end of Q2; conversion of Sagola, Michigan, OSB mill to begin later in 2022
Published: May 04, 2022 by Canada Newswire

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