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Louisiana-Pacific Sales Up 21% in 1Q

Louisiana-Pacific Corp. (NYSE: LPX), Nashville, TN, reported sales for the first quarter of $610.9 million, an increase of 21 percent year-over-year. Profit for the quarter was $55 million, compared to $10.3 million in the prior year quarter.

In the first quarter, oriented strand board segment sales were up 23.5 percent year-over-year to $268.4 million while siding segment sales were up 18.2 percent to $214 million and engineered wood products segment sales were up 14.3 percent to $82.1 million.

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