To more accurately communicate its commitment to the needs and opportunities within a changing industry, today LP Building Products announced its new name: LP Building Solutions. This strategic decision reflects LPs goal to be the industrys leading building solutions company.
This change represents LPs continued evolution as a company, said Brad Southern, CEO of LP Building Solutions. With over 45 years of industry experience, we believe this change demonstrates our continued drive to align with our customers. We began as a forestry products company, but evolved to a building products company as we quickly realized our customers were looking for products to help them build better. To continue to lead the industry, today we are taking the next step as we reposition our company, our brand and what we bring to market to reflect a broader approach in developing solutions for our customers.
Over the past two years, LP has transformed to create value with customers. By repositioning its proven products and introducing new products, LP is poised to continue its shift to focus on solutions.
Our industry is facing challenges, and LP Building Solutions is committed to finding the ways to address those challenges for the greater improvement of the industry as a whole, said Mike Sims, LPs Senior Vice President, Sales, Marketing and Strategy. Proof of this commitment includes our recent introduction of several innovative productsLP SmartSide Smooth Trim & Siding, LP WeatherLogic„¢ Air & Water Barrier, and LP Elements„¢ Performance Fencingas well as our recent investment in Entekra, the off-site building manufacturer.
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About LP Building Solutions
As a proven leader in high-performance building solutions, LP Building Solutions manufactures uniquely engineered, innovative building products that meet the demands and needs of the building industry. Its extensive product portfolio includes durable and dependable exterior siding and trim systems, engineered wood framing and structural panels for single-family homes, multifamily projects, repair and remodel markets, light commercial facilities and outdoor buildings. LP also provides industry-leading service and warranties to help customers build smarter, better and faster. Founded in 1973, LP is a global company headquartered in Nashville, Tennessee, and traded on the New York Stock Exchange under LPX. For more information, visit LPCorp.com.