LP To Curtail OSB Production In Texas
The decision follows a review of production requirements across LP’s manufacturing network and reflects current conditions in the OSB market. In evaluating its options, the company considered a range of factors, including operating costs, capital requirements, logistics, and long-term asset utilization.
“Current market conditions require us to align OSB production with demand,” says LP CEO Jason Ringblom. “While the near-term environment for OSB remains challenging, we are confident in LP’s strategy and our ability to create long-term value. Taking action now allows us to operate efficiently through the cycle while maintaining the flexibility to respond as market conditions improve. This decision is not a reflection of the performance or commitment of the Jasper team, whose contributions have helped strengthen LP for many years.”
Latest News
Bandit Celebrates Expansion
Bandit Industries, Inc. celebrated the acquisition of a facility in Mount Pleasant with a ribbon cutting ceremony on April 5th. This facility, formerly owned by Burch Tank, is situated on twenty-four acres with 60,000 sq.…
Have A Question?
Send Us A Message