LPX Louisiana-Pacific Corporation

CORRECTING and REPLACING PHOTO LP Now Warrants Its Engineered Wood Siding for Hail Damage

Please replace the photo for release dated May 11, 2017 with the accompanying corrected photo.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170511005754/en/

LP® SmartSide® lap siding resists hail damage better than fiber cement and vinyl. (Photo: Business W ...

LP® SmartSide® lap siding resists hail damage better than fiber cement and vinyl. (Photo: Business Wire)

The release reads:

LP NOW WARRANTS ITS ENGINEERED WOOD SIDING FOR HAIL DAMAGE

Hail Strikes From May to September

Builders and remodelers use LP® SmartSide® treated engineered wood siding with confidence because it has advanced durability. It’s now also warranted for hail damage.

In 2015, according to the National Oceanic Atmospheric Administration, 5,411 major hailstorms were reported. These storms occurred in all 48 continental states. With this much severe weather across the country, hail-resistant siding can be a huge selling point for builders and remodelers in marketing to consumers.

Texas Tech Testing – Better Hail Resistance than Fiber Cement and Vinyl

Laboratory tests illustrate the durability of LP SmartSide products. In testing conducted at the National Wind Institute’s Debris Impact Facility at Texas Tech University®, LP SmartSide lap siding resisted hail damage better than comparable fiber cement or vinyl siding:

  • LP SmartSide siding showed no signs of impact after being struck by 1.75-inch hail at 81 mph.
  • Fiber cement siding showed dents ranging from 0.082 inches to 0.201 inches deep after being struck by 1.75-inch hail at 74 mph.
  • Vinyl siding was fractured by hail of just 1.25 inches at 57 mph.

"With vinyl and fiber cement siding there's a greater risk of hail damage than with LP SmartSide engineered wood lap siding. The advanced durability gained through our proprietary SmartGuard® process helps resist hail damage," said Rick Marsh, segment manager, repair and remodeling (R&R), LP SmartSide Trim & Siding.

In addition, LP SmartSide products are pre-primed, and with lap siding pieces 25 percent longer and up to 39 percent lighter (per ft2) than fiber cement, installation can be easier and more efficient. With the skilled labor shortage, that’s critical.

Smart Savings With LP SmartSide Siding

Builders and remodelers can make the switch to engineered wood siding in three simple steps by going to switchtolpsmartside.com. See details about a first-time user rebate.

Home Improvement and Hail – Kickoff to National Home Improvement Month

Spring and summer are the peak time when consumers make home improvements for all types of reasons. These are also the primary hail months. May is National Home Improvement Month and can be a good time for remodelers to educate consumers about exterior home improvement, including hail-resistant siding.

In addition to offering its impact and hail-resistant siding, LP helps homeowners locate local remodelers who are part of the LP BuildSmart Preferred Contractor Program and request quotes for LP SmartSide siding, all at www.upsidetosmartside.com.

“The LP BuildSmart Program provides our preferred contractors with comprehensive training on the proper installation of LP SmartSide products,” Marsh said.

Comprehensive Warranty

LP SmartSide products are also backed by a 50-year prorated limited warranty with a 5-year 100-percent labor and material replacement warranty. See www.lpsmartside.com for complete warranty details.

For more information about LP SmartSide Trim & Siding, call toll-free 888.820.0325 or visit www.lpsmartside.com. For more information about the LP BuildSmart Preferred Contractor program call 866.389.4657 or visit www.lpbuildsmart.com or www.upsidetosmartside.com.

About LP Building Products

Louisiana-Pacific Corporation is a leading manufacturer of quality engineered wood building materials including OSB, structural framing products, and exterior siding for use in residential, industrial and light commercial construction. From manufacturing facilities in the U.S., Canada, Chile and Brazil, LP products are sold to builders and homeowners through building materials distributors and dealers and retail home centers. Founded in 1973, LP is headquartered in Nashville, Tennessee, and traded on the New York Stock Exchange under LPX. For more information, visit www.lpcorp.com.

EN
23/05/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Louisiana-Pacific Corporation

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

Louisiana-Pacific Corp: 1 director

A director at Louisiana-Pacific Corp sold 2,500 shares at 113.495USD and the significance rating of the trade was 50/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years ...

Louisiana-Pacific Corporation: Update: Credit is well-positioned due t...

Our credit view of this issuer reflects its strong liquidity, constrained by its significant exposure to volatile OSB business.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Louisiana-Pacific Corporation ("LP") and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 21 October 2024 in which we reassessed the appropriateness of the rati...

Louisiana-Pacific Corporation: Update following Baa3 affirmation, stab...

Our credit view of this issuer reflects its geographic diversification, robust credit metrics and strong market position.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch