Louisiana-Pacific

North American OSB Market Anticipated to Reach US$19.92 billion by 2029 with Significant Growth in OSB/3 Grade Segments - ResearchAndMarkets.com

Retrieved on: 
Friday, March 22, 2024

North American Oriented Strand Board (OSB) market report reveals an expected increase in market value to US$19.92 billion by 2029, fueled by a strong forecasted CAGR of approximately 6% from 2024 through 2029.

Key Points: 
  • North American Oriented Strand Board (OSB) market report reveals an expected increase in market value to US$19.92 billion by 2029, fueled by a strong forecasted CAGR of approximately 6% from 2024 through 2029.
  • Grade: Among various grades, OSB/3 is singled out for its rapid growth, arising from its enhanced strength for structural applications.
  • The North American OSB market shows a high concentration with a handful of key players dominating nearly 80% of the market share.
  • As the industry moves forward, this report serves as an essential resource for understanding the complex interplay of factors that shape the OSB market landscape.

GMS Appoints Brad Southern to the Board of Directors

Retrieved on: 
Tuesday, January 23, 2024

GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, announced today an increase in the size of the board of directors from nine to ten directors and the appointment of Brad Southern to serve as an independent director for GMS, effective January 19, 2024.

Key Points: 
  • GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, announced today an increase in the size of the board of directors from nine to ten directors and the appointment of Brad Southern to serve as an independent director for GMS, effective January 19, 2024.
  • In addition, GMS announced that Peter Browning will not stand for reelection to the GMS board at the 2024 Annual Meeting of Stockholders.
  • Mr. Southern currently serves as LP's Chairman of the board of directors.
  • “I’d like to welcome Brad to the board of directors for GMS, Inc.,” said John J. Gavin, GMS’s non-executive Chair.

BlueLinx Expands LP Distribution Partnership

Retrieved on: 
Tuesday, November 14, 2023

Mike Wilson, Chief Product Management Officer at BlueLinx, remarked on the distribution expansion between LP and BlueLinx, stating, "We are excited to add these brands to our specialty portfolio in the West, as well as Gulfport.

Key Points: 
  • Mike Wilson, Chief Product Management Officer at BlueLinx, remarked on the distribution expansion between LP and BlueLinx, stating, "We are excited to add these brands to our specialty portfolio in the West, as well as Gulfport.
  • This strategic partnership aligns with our commitment to offer best-in-class specialty products to our customers, builders, and contractors.”
    Chad Larson, General Sales Manager for LP in the Northwest, added, “LP is enthusiastic about the expanded role of BlueLinx in the Northwest region.
  • Their commitment to LP products including LP® SmartSide®, ExpertFinish®, and Structural Solutions® align with our strategic vision for the region.
  • "As LP continues to expand its market share, we are thrilled to broaden our distribution footprint with BlueLinx.

Sleep Number Appoints Two New Independent Directors, Stephen Macadam and Hilary Schneider

Retrieved on: 
Tuesday, November 7, 2023

Sleep Number Corporation (Nasdaq: SNBR) today announced that it has appointed Stephen E. Macadam and Hilary A. Schneider to its Board of Directors (the “Board”), effective immediately, expanding the Board to twelve members.

Key Points: 
  • Sleep Number Corporation (Nasdaq: SNBR) today announced that it has appointed Stephen E. Macadam and Hilary A. Schneider to its Board of Directors (the “Board”), effective immediately, expanding the Board to twelve members.
  • In conjunction with the appointments, Sleep Number entered into a cooperation agreement (the “Cooperation Agreement”) with Stadium Capital Management, LLC (collectively with its affiliates, “Stadium Capital”), one of the company’s shareholders.
  • “We are pleased to welcome Steve and Hilary, both accomplished public company executives and directors, to the Sleep Number Board,” said Shelly Ibach, Chair, President, and CEO of the company.
  • Sidley Austin LLP is serving as legal counsel and Spotlight Advisors LLC is serving as financial and strategic advisor to Sleep Number.

Otis Appoints Tracy Embree President, Otis Americas and Enrique Miñarro Viseras as President, Otis Europe, Middle East and Africa

Retrieved on: 
Thursday, September 28, 2023

FARMINGTON, Conn., Sept. 28, 2023 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) announces the appointment of Tracy Embree as President, Otis Americas and Enrique Miñarro Viseras as President, Otis Europe, Middle East and Africa (EMEA), reporting directly to Otis Chair, CEO & President, Judy Marks. Effective Oct. 1, Embree will succeed Jim Cramer and Miñarro Viseras will succeed Bernardo Calleja. Otis is the world's leading company for elevator and escalator manufacturing, installation and service.

Key Points: 
  • FARMINGTON, Conn., Sept. 28, 2023 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) announces the appointment of Tracy Embree as President, Otis Americas and Enrique Miñarro Viseras as President, Otis Europe, Middle East and Africa (EMEA), reporting directly to Otis Chair, CEO & President, Judy Marks.
  • Effective Oct. 1, Embree will succeed Jim Cramer and Miñarro Viseras will succeed Bernardo Calleja.
  • Embree joins Otis after 23 years with Cummins Inc. (NYSE: CMI), where she most recently served as Vice President and President of their Distribution Business.
  • Embree holds a bachelor's degree in chemical engineering from Massachusetts Institute of Technology and an MBA from Harvard Business School.

BlueLinx Announces Expansion of Distribution Partnership with LP

Retrieved on: 
Friday, June 16, 2023

MARIETTA, Ga., June 16, 2023 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, and Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX), a leading manufacturer of engineered wood building products, are pleased to announce the expansion of their distribution partnership.

Key Points: 
  • MARIETTA, Ga., June 16, 2023 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, and Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX), a leading manufacturer of engineered wood building products, are pleased to announce the expansion of their distribution partnership.
  • This strategic move expands BlueLinx's stocking footprint of LP® SmartSide® to eleven locations, spanning three of LP's regions across the United States.
  • Mike Wilson, Senior Vice President of Product Management at BlueLinx, expressed his enthusiasm for the continued growth between LP® and BlueLinx, stating, "We are excited about the continued growth between LP® and BlueLinx.
  • Chad Wold, General Sales Manager for LP in the Southeast, added, "As LP continues to expand its market share, we are thrilled to broaden our distribution footprint with BlueLinx.

Politan Calls on Shareholders to Elect Independent Oversight to Masimo’s Board

Retrieved on: 
Tuesday, May 23, 2023

The bottom 2% for “withhold” votes against Board members: Over the past decade, Masimo shareholders have withheld against Masimo directors at consistently high levels.

Key Points: 
  • The bottom 2% for “withhold” votes against Board members: Over the past decade, Masimo shareholders have withheld against Masimo directors at consistently high levels.
  • Create Lead Independent Director (LID) role; yet appoint Mr. Cohen as LID: While we strongly support independent leadership of Masimo’s Board, Mr. Cohen is the wrong choice.
  • Michelle is currently an independent director at Cardinal Health (NYSE: CAH) and recently served on the Board of Coupa Software (NASDAQ: COUP).
  • By electing us, shareholders will be adding to the Board independent, objective directors with the right skills and experience to help the Company realize its potential.

BlueLinx Announces Expansion of Distribution Partnership with LP

Retrieved on: 
Tuesday, February 28, 2023

MARIETTA, Ga., Feb. 28, 2023 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, and Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX), a leading manufacturer of engineered wood building products, announced today the expansion of its distribution partnership.

Key Points: 
  • MARIETTA, Ga., Feb. 28, 2023 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, and Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX), a leading manufacturer of engineered wood building products, announced today the expansion of its distribution partnership.
  • The expansion includes LP’s Siding Solutions brands and prefinished solutions (LP® SmartSide® Trim & Siding, and LP® SmartSide® ExpertFinish® Trim & Siding) in the Southeast and Midwest Regions, specifically in Atlanta, Omaha, and Pensacola.
  • Mike Wilson, SVP of Product Management at BlueLinx, states “LP has great brand recognition, and this new partnership expands our siding offering to customers, bringing innovative solutions to home builders, remodelers, and homeowners.
  • This expansion in Atlanta, Omaha, and Pensacola will allow our customers to have additional options to access SmartSide® and ExpertFinish®.

$575+ Billion Facade System Global Market Opportunities and Strategies to 2031 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 13, 2022

The "Facade System Global Market Opportunities And Strategies To 2031" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Facade System Global Market Opportunities And Strategies To 2031" report has been added to ResearchAndMarkets.com's offering.
  • The metal market was the largest segment of the facade system market segmented by material type, accounting for 42.5% of the total in 2021.
  • The cladding market was the largest segment of the facade system market segmented by type, accounting for 42.3% of the total in 2021.
  • The commercial market was the largest segment of the facade system market segmented by end-user, accounting for 46.6% of the total in 2021.

LP and the LP Foundation Donate Over $680,000 in 2022 to Support Local Communities

Retrieved on: 
Tuesday, December 13, 2022

"Supporting our communities is at the heart of the Foundation's work," said LP Foundation President Breeanna Straessle.

Key Points: 
  • "Supporting our communities is at the heart of the Foundation's work," said LP Foundation President Breeanna Straessle.
  • "In 2022, we continued that mission by providing more than 100 grants for initiatives important to our LP communities.
  • This year, the LP Foundation provided a $100,000 donation to R.I.S.E., complemented by LP products, donated by the company.
  • Since its founding, the LP Foundation has donated more than $20 million to nonprofits and K-12 schools in the communities where LP operates.