STOCK TITAN

Louisiana Pacif reported $2.7B in revenue and $146.0M in net income for fiscal 2025. See the full LPX financial statements: income statement, balance sheet, cash flow and ratios, each column linked to its SEC filing.

LP Building Solutions Named APA’s Safest Company for Fourth Consecutive Year

LP Building Solutions extends its long-term safety leadership with another APA Safest Company title and strong incident-rate performance.

(Neutral)
(Neutral)
Tags
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

LP earns its 16th Safest Company award in the program’s 18-year history, underscoring its sustained leadership in workplace safety

NASHVILLE, Tenn.--(BUSINESS WIRE)-- LP Building Solutions (LP), a leading manufacturer of high-performance building products, has been named the 2025 Safest Company in its category by APA – The Engineered Wood Association, marking LP’s fourth consecutive win and 16th overall in the award’s 18-year history.

LP recorded a total incident rate (TIR) of 0.68 and a weighted incident rate (WIR) of 3.04 for its manufacturing facilities in 2025. Its WIR was three times lower than that of the next closest company in the category, matching the margin by which LP led the category in 2024.

“Safety is one of the clearest measures of how well a manufacturing company operates,” said LP CEO Jason Ringblom. “To earn this recognition four years in a row reflects the consistency and discipline of our teams across the company. We’re proud of that record, but our focus remains on finding ways to make our facilities and our work safer every day.”

LP also earned several facility-level honors in APA’s 2025 Safety Awards. For Division II, LP Swan Valley took first place, and LP Sagola took second place. Swan Valley also received the Safety Improvement Award for 2023-2025. LP Jasper earned a Three-Year Safety Award, and LP’s Swan Valley, Sagola, Jasper, Peace Valley, Newberry, and Houlton facilities were named to APA’s Incident-Free Honor Society.

“This recognition reflects a commitment to safety shared across LP,” said LP Chief Operating Officer Tony Hamill. “Nothing is more important than safety at LP. It’s a foundational value of our company, and our team members are the ones who bring that commitment to life every day. Their focus, care for one another, and commitment to working safely made this recognition possible.”

LP has maintained a TIR below 1.0 for nearly two decades, well below the industry average. Since 2010, the company has earned more than 100 safety awards, recorded 18 one-million-hour milestones without a recordable incident at individual facilities, and achieved prestigious U.S. Occupational Safety and Health Administration Voluntary Protection Program Star Certification or the state equivalent at three sites.

APA’s Safety Awards recognize companies and individual mills based on TIR and WIR, which account for the frequency and severity of workplace incidents.

For the full list of APA’s Safety and Health Award recipients, visit APAwood.com.

About LP Building Solutions

As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood products that meet the demands of builders, remodelers, and homeowners worldwide. LP’s extensive portfolio of innovative and dependable products includes siding (LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding, and LP® Outdoor Building Solutions®), LP® Structural Solutions (LP® FlameBlock® Fire-Rated Sheathing, LP BurnGuard® FRT OSB, LP WeatherLogic® Air & Water Barrier, LP® TechShield® Radiant Barrier Sheathing, LP Legacy® Premium Sub-Flooring, and LP® TopNotch® 350 Durable Sub-Flooring), and LP® Oriented Strand Board. In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates more than 20 manufacturing facilities across North and South America. For more information, visit LPCorp.com.

About APA – The Engineered Wood Association

APA – The Engineered Wood Association is a nonprofit trade association representing manufacturers of engineered wood products. APA supports product standards, quality assurance, building code acceptance, and industry education to advance safe, durable, and sustainable construction. For more information, visit APAwood.org.

Media Contact
615-986-5886
Media.Relations@lpcorp.com

Source: LP Building Solutions

Key Terms

total incident rate technical
A workplace safety metric that shows how often reportable injuries or illnesses occur relative to the amount of work performed, usually expressed as incidents per 100 full-time equivalent workers. It is commonly calculated as (number of recordable incidents × 200,000) divided by total hours worked, which normalizes for company size and hours like counting accidents per miles driven. Investors use it as a snapshot of operational safety, potential costs, and regulatory or reputational risk.
weighted incident rate technical
A weighted incident rate is a workplace safety metric that counts work-related incidents (like injuries or illnesses) per a standard amount of employee exposure time, but applies weights so more serious or higher-risk incidents, or incidents from larger business units, count more. It converts raw incident counts into a single adjusted rate that allows comparison across sites, time periods or companies. Investors use it to gauge a company’s safety performance and operational risk because it reflects not just how often incidents happen but their relative severity or scale, similar to comparing apples after adjusting for size differences.
voluntary protection program star certification regulatory
An official recognition from the U.S. Occupational Safety and Health Administration awarded to worksites that meet strict safety and health management standards under the Voluntary Protection Programs (VPP). It signals that a workplace operates like a well-run, safety-focused system — comparable to a safety “seal of approval” — and matters to investors because it indicates lower regulatory and operational risk, potential for fewer workplace injuries, and a stronger track record of compliance and management oversight.