LP Announces $150 Million Investment in Maine OSB Mill Conversion

Louisiana Pacific Corp. is investing $150 million to convert its LP Houlton Maine OSB mill into a SmartSide engineered wood strand siding manufacturing facility.

In the coming year, the facility will cease production of laminated strand lumber products for its EWP division and begin production of SmartSide in 2022.

LP’s Breeanna Straessle stated “With this conversion, we estimate it will increase our locally sourced annual fiber consumption by about 30% which of course benefits the supply chain in the local community.”

Around $110 million of the total will go toward new machinery, with the remaining $40 million going toward facility upgrades.