LP To Curtail OSB Production In Texas

LP Building Solutions (LP) will indefinitely curtail oriented strandboard (OSB) production at its Jasper, Tex. facility beginning in October 2026 in response to soft demand. The Jasper facility has an annual production capacity of approximately 475 MSF on a 3/8-in. basis. 

The decision follows a review of production requirements across LP’s manufacturing network and reflects current conditions in the OSB market. In evaluating its options, the company considered a range of factors, including operating costs, capital requirements, logistics, and long-term asset utilization. 

“Current market conditions require us to align OSB production with demand,” says LP CEO Jason Ringblom. “While the near-term environment for OSB remains challenging, we are confident in LP’s strategy and our ability to create long-term value. Taking action now allows us to operate efficiently through the cycle while maintaining the flexibility to respond as market conditions improve. This decision is not a reflection of the performance or commitment of the Jasper team, whose contributions have helped strengthen LP for many years.” 

Latest News

U.S. Hardwood Veneer And Plywood Market Report 2016

Research and Markets has announced the addition of the “U.S. Hardwood Veneer And Plywood Market – Analysis And Forecast to 2020” report to their offering. The report provides an in-depth analysis of the U.S. hardwood…

Engineered Lumber Industry Sees A Positive Boost

Like much of the industry, engineered wood producers are still navigating a fickle recovery in which builders are challenged by supply constraints, tight lending, and hard-to-come-by lots. Though the market is emerging from the recession,…

Universal Forest Products Will Expand Internationally

Michael Mordell, a senior executive of Universal Forest Products, Inc., was named Executive VP of International Operations to lead a new international division, UFP Global Holdings, Ltd., based in the United Kingdom. Mordell will be…

Find Us On Social

Newsletter

The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.

Subscribe/Renew

Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!