September 5, 2017

LP Commits 1 $ Million for Hurricane Harvey Relief

LP donates 1 $ million to support Hurricane Harvey disaster relief efforts in Texas, as well as matches employee contributions to hurricane relief.

NASHVILLE, Tenn. (Sept. 5, 2017) – Louisiana-Pacific Corporation (LP) (NYSE:LPX) announced today its commitment of 1 $ million to support Hurricane Harvey disaster relief efforts in Texas, as well as match employee contributions to hurricane relief.

LP will make a 500 000 $ donation distributed to non-profit organizations including the American Red Cross, Salvation Army and the United Way of Greater Houston Relief Fund to help with emergency shelter, food and relief supplies. In addition, the company will work with appropriate organizations to donate 500 000 $ in LP building products for rebuilding efforts in areas affected by Hurricane Harvey.

"Our thoughts and concerns are with those impacted by this storm, including some of our own LP employees," LP CEO Brad Southern said. "The devastation to lives and property caused by Hurricane Harvey is unprecedented and we trust that our contributions will help provide some measure of immediate relief, as well as assist during the rebuilding process."

"Texas is near and dear to our hearts as the state is home to more than 300 LP employees and countless more of our customers and business partners," Southern added. "We are working to aid all who may have been affected by this storm."

Besides matching employee donations, LP sponsors the LP Cares Fund through the Community Foundation of Middle Tennessee to aid LP employees in the United States and Canada affected by natural disasters or other emergencies.

Headquartered in Nashville, LP operates 23 engineered wood manufacturing operations (14 in the United States including two in Texas, six in Canada, two in Chile and one in Brazil) and employs about 4 800 people worldwide.

 

About LP Building Solutions - As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood building products that meet the demands of builders worldwide. Its extensive offerings include innovative and dependable building products and accessories, such as LP® SmartSide® Trim & Siding, LP Structural Solutions portfolio (LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, LP® TechShield® Radiant Barrier, LP® FlameBlock® Fire-Rated Sheathing and more), oriented strand board (OSB), LP® TopNotch® Sub-Flooring, LP® Outdoor Building Solutions®, and LP Elements® Performance Fencing. In addition to product solutions, LP provides industry-leading service and warranties. Since its founding in 1972, LP has been Building a Better World by helping customers construct beautiful, durable homes. Headquartered in Nashville, Tennessee, LP operates 26 plants across the U.S., Canada, Chile and Brazil. For more information, visit LPCorp.com.