NASHVILLE, Tenn.--(BUSINESS WIRE)--Louisiana-Pacific Corporation (LP) (NYSE: LPX) announced today its commitment of $1 million to support Hurricane Harvey disaster relief efforts in Texas, as well as match employee contributions to hurricane relief.
LP will make a $500,000 donation distributed to non-profit organizations including the American Red Cross, Salvation Army and the United Way of Greater Houston Relief Fund to help with emergency shelter, food and relief supplies. In addition, the company will work with appropriate organizations to donate $500,000 in LP building products for rebuilding efforts in areas affected by Hurricane Harvey.
“Our thoughts and concerns are with those impacted by this storm, including some of our own LP employees,” LP CEO Brad Southern said. “The devastation to lives and property caused by Hurricane Harvey is unprecedented and we trust that our contributions will help provide some measure of immediate relief, as well as assist during the rebuilding process.”
“Texas is near and dear to our hearts as the state is home to more than 300 LP employees and countless more of our customers and business partners,” Southern added. “We are working to aid all who may have been affected by this storm.”
Besides matching employee donations, LP sponsors the LP Cares Fund through the Community Foundation of Middle Tennessee to aid LP employees in the United States and Canada affected by natural disasters or other emergencies.
Headquartered in Nashville, LP operates 23 engineered wood manufacturing operations (14 in the United States including two in Texas, six in Canada, two in Chile and one in Brazil) and employs about 4,800 people worldwide.
Louisiana-Pacific Corporation is a leading manufacturer of quality engineered wood building materials including OSB, structural framing products, and exterior siding for use in residential, industrial and light commercial construction. From manufacturing facilities in the U.S., Canada, Chile and Brazil, LP products are sold to builders and homeowners through building materials distributors and dealers and retail home centers. Founded in 1973, LP is headquartered in Nashville, Tennessee and traded on the New York Stock Exchange under LPX. For more information, visit www.lpcorp.com.