LP Building Solutions Completes Sale of Its Engineered Wood Products Business to Pacific Woodtech

LP Building Solutions announced on Monday (8-2-22) that it had successfully closed on the previously announced sale of its Engineered Wood Products (EWP) business to Pacific Woodtech for $210 million.

Pacific Woodtech’s acquisition includes LP’s laminated veneer lumber and I-joist manufacturing facilities (Wilmington, North Carolina; Red Bluff, California; and Golden, British Columbia), associated timber license assets, and the SolidStart® brand name.

FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.
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LP Building Solutions Completes Sale of Engineered Wood Products Business and SolidStart® Brand to Pacific Woodtech