G-P to divest oriented strand board facility in Maine; add plywood facilities in Louisiana and Texas
G-P has reached a definitive agreement to acquire four Louisiana-Pacific Corp. plywood manufacturing facilities and one medium density fiberboard facility located in Louisiana and Texas ...
Georgia-Pacific has reached a definitive agreement to acquire four Louisiana-Pacific Corp. plywood manufacturing facilities and one medium density fiberboard facility located in Louisiana and Texas. G-P will divest to L-P oriented strand board and chip-n-saw facilities at Woodland, Maine.
The transaction will be an asset exchange, and will allow G-P to acquire plants that geographically complement our existing structural panels manufacturing and distribution capabilities.