NASHVILLE, Tenn. — Louisiana-Pacific Corporation has acquired the prefinishing assets at a Granite City, Ill., prefinish facility near St. Louis owned by BlueLinx.
“The prefinish siding market continues to grow, and we aim to capture more of that growth in our siding business,” said Neil Sherman, LP executive vice president for siding in a press release. “In addition to acquiring these new assets, we are also investing in building LP SmartSide strand prefinishing capabilities at our siding facility in Roaring River, N.C. These moves, along with the earlier purchase of a prefinishing company in Green Bay, Wis., will provide us with the facilities, capabilities and expertise to grow this market.”
The acquisition aligns with LP’s business strategy to provide building solutions, the release said, and is a significant step toward its goal of launching a national LP SmartSide Trim & Siding branded prefinished siding solution.
In June, LP Building Solutions announced the acquisition of a Green Bay, Wis. prefinish facility.
The LP Building Solutions product portfolio includes exterior siding and trim systems, engineered wood framing and structural panels for single-family homes, multifamily projects, repair & remodel markets, light commercial facilities and outdoor buildings. Founded in 1973, LP is a global company headquartered in Nashville, Tennessee, and traded on the New York Stock exchange under LPX.