Louisiana-Pacific Faces Demand Headwinds as Housing Markets Remain Muted

Louisiana-Pacific is a manufacturer of oriented strand board, or OSB, and engineered wood siding. The company has over 7 billion square feet of production capacity spread 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 as it accounts for over 90% of sales (73% in U.S. and 20% in Canada).