Louisiana-Pacific Navigates Stagnant Housing Market, but New Construction Drives OSB Demand

Louisiana-Pacific manufactures oriented strand board and engineered wood siding. It has over 7 billion square feet of production capacity across the United States, Canada, and South America. Homebuilding, repair and remodel, and construction are the main uses of OSB and siding products in North America. Louisiana-Pacific is closely tied to the North American market, which accounts for over 90% of sales (73% in the US and 20% in Canada).