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Recent Articles

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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

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

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

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%

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

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