Louisiana-Pacific releases its yearly earnings for 2012 this week. The Nashville-based wood products company posted a profit for the first time in two years in the third quarter. Company officials hope the turnaround will continue, thanks to a growing popularity of wood for larger buildings, like condos and mixed-use developments.
LP Returns to Profitability, Sort of
Home builders getting back to work helped Nashville-based Louisiana Pacific turn something close to a profit during the 2nd quarter. Revenues on the sale of siding and wood materials are up 18 percent.
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