Description of Louisiana Pacific's Business Segments
Business Segments
We operate in four segments: Oriented Strand Board (OSB), Composite Wood Products,
Plastic Building Products and Engineered Wood Products (EWP).
OSB
Our OSB segment manufactures and distributes OSB structural panel products.
OSB is an innovative, affordable and environmentally smart product made from
wood strands arranged in layers and bonded with resin. OSB serves many of the
same uses as unsanded plywood, including roof decking, sidewall sheathing and
floor underlayment, but can be produced at a significantly lower cost. In the
past decade, land use regulations, endangered species and environmental concerns
have resulted in reduced supplies and higher costs for domestic timber, causing
many plywood mills to close or divert their production to other uses. OSB has
replaced most of the volume lost from these mills.
Composite Wood Products
Our composite wood product offerings fall into three categories: (1)'SmartSide'
siding products and related accessories; (2)'hardboard siding and accessory
products; and (3)'specialty OSB products. Additionally, our OSB operation in
Chile is included in this segment.
The SmartSide' Products'Our SmartSide' products consist of a full line of OSB-based
sidings, trim, soffit and fascia. These products have quality and performance
characteristics similar to solid wood at more attractive prices due to lower
raw material and production costs.
Hardboard Siding Products'Our hardboard siding product offerings include a
number of lap and panel products in a variety of patterns and textures, as well
as trim products.
Specialty OSB Products'Our specialty OSB product offerings include a number
of development products that focus on the use of OSB substrates with a variety
of overlay technologies for wood, such as concrete forms and project panels.
Additionally, as market demand warrants, minor amounts of commodity OSB are
produced and sold in this segment.
Plastic Building Products
Our plastic building products offerings fall into three categories: (1)'vinyl
siding products and related accessories; (2)'composite decking and accessory
products; and (3)'moulding products.
Vinyl Siding Products.'We manufacture a variety of vinyl siding products and
accessories. Our product line covers a broad spectrum of styles, colors and
price points to satisfy customers needs.
Composite Decking Products.'We manufacture wood composite decking and accessories.
We offer products in several colors and patterns. These products are attractive,
durable and require lower maintenance compared to solid wood.
Mouldings.'We manufacture extruded plastic decorative moulding products. We
offer products in several colors, shapes and styles. These products are sold
almost entirely in the retail home improvement markets.
Engineered Wood Products
Our Engineered Wood Products (EWP) product segment manufactures and distributes
I-joists and laminated veneer lumber (LVL) and other related products. We believe
that in North America we are one of the top four producers of I-joists and LVL.
A plywood mill and a cedar lumber mill associated with our LVL operations in
British Columbia are also included in this segment.
We believe that our engineered I-joists, which are used primarily in residential
and commercial flooring and roofing systems and other structural applications,
are stronger, lighter and straighter than conventional lumber joists. Our LVL
is a high-grade, value-added structural product used in applications where extra
strength is required, such as headers and beams. It is also used, together with
OSB and lumber, in the manufacture of engineered I-joists.
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