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Operator: Good day. And welcome to the Q3 2023 Louisiana-Pacific Corporation Earnings Conference Call [Operator Instructions]. Please be advised that today s conference is being recorded.
/PRNewswire/ Louisiana-Pacific Corporation (LP) (NYSE: LPX), a leading manufacturer of high-performance building products, today reported its financial.
According to Random Lengths, the average price of lumber per thousand board feet on March 11 was at $1,044. An all-time high for the industry and triple the amount from two years prior. This has put a strain on construction of new houses along with the price passed on to new home buyers.