other material
confidence high
sentiment negative
materiality 0.60
LP to indefinitely curtail OSB production at Jasper, TX facility in October 2026
LOUISIANA-PACIFIC CORP
- Jasper facility has annual capacity of ~475 million sq ft (3/8-inch basis); curtailment due to soft OSB demand.
- LP expects $4-6M in severance and one-time costs in 2026 related to the curtailment.
- CEO Jason Ringblom says action aligns production with demand; company will evaluate restart when market improves.
- LP will provide job search and career transition support to affected Jasper team members.