Louisiana-Pacific to idle Texas OSB mill in 2026
Rhea-AI Filing Summary
Louisiana-Pacific Corporation (LPX) announced that it will indefinitely curtail oriented strand board (OSB) production at its Jasper, Texas facility beginning in October 2026 in response to soft demand. The Jasper mill has annual OSB production capacity of approximately 475 million square feet on a 3/8-inch basis.
LP expects to incur about $4 million to $6 million of severance and other one-time costs related to the curtailment in 2026, with the estimate subject to change as actions are implemented. The company states it will support affected employees with job search and transition assistance and may consider restarting curtailed capacity if market conditions improve.
Positive
- None.
Negative
- Indefinite OSB curtailment at Jasper, TX beginning October 2026 due to soft demand, removing a facility with 475 million sq. ft. of annual capacity (3/8-inch basis).
- LP expects $4–$6 million of severance and other one-time costs in 2026 related to the Jasper curtailment.
Filing Explained
The announced Jasper OSB curtailment remains prospective, with production scheduled to begin curtailing in
8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Estimated severance and one-time costs: $4 million to $6 million
Jasper OSB annual production capacity: 475 million square feet
Manufacturing facilities operated: more than 20 facilities
+1 more
4 metrics
Estimated severance and one-time costs
$4 million to $6 million
Expected in 2026 related to Jasper OSB production curtailment
Jasper OSB annual production capacity
475 million square feet
Capacity on a 3/8-inch basis at Jasper, Texas facility
Manufacturing facilities operated
more than 20 facilities
LP operates more than 20 manufacturing facilities across North and South America
Year founded
1972
LP has operated since its founding in 1972
Key Terms
oriented strand board (OSB), Regulation FD Disclosure, forward-looking statements, curtailment, +1 more
5 terms
oriented strand board (OSB) technical
"it will indefinitely curtail oriented strand board (OSB) production at its Jasper"
Oriented strand board (OSB) is a type of engineered wood made from thin layers of wood strands glued together in specific directions to create strong, durable panels. It is commonly used in construction for walls, floors, and roofing due to its affordability and strength. Investors pay attention to OSB because demand for building materials can influence the housing market and overall economic activity.
Regulation FD Disclosure regulatory
"Item 7.01 Regulation FD Disclosure On September 1, 2026, Louisiana-Pacific"
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
forward-looking statements regulatory
"This news release contains forward-looking statements concerning LP's future results"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
curtailment financial
"LP to Curtail OSB Production at Jasper, Texas Facility"
Curtailment is when a company or operation is forced to reduce or temporarily stop an expected activity—such as production, deliveries, services, or benefit payments—often because of limits like regulations, supply shortages, grid constraints, or cost controls. For investors it matters because curtailment usually lowers revenue, delays cash flow, and signals added operational or regulatory risk; think of it like turning down a faucet that was expected to supply steady cash, reducing the flow into the business.
severance and other one-time costs financial
"LP expects to incur approximately $4 million to $6 million of severance and other one-time costs"
FAQ
What did LPX announce about its Jasper, Texas facility?
Louisiana-Pacific Corporation announced it will indefinitely curtail OSB production at its Jasper, Texas facility beginning in October 2026, following a review of production needs and in response to soft oriented strand board demand.
Why is LPX curtailing OSB production at Jasper?
LP states the curtailment responds to soft OSB demand and follows a review of production requirements across its network, considering factors such as operating costs, capital needs, logistics, and long-term asset utilization.
What is the production capacity of LPX's Jasper OSB facility?
The Jasper, Texas facility has annual oriented strand board production capacity of approximately 475 million square feet on a 3/8-inch basis, according to the disclosure.
What one-time costs does LPX expect from the Jasper curtailment?
Louisiana-Pacific expects to incur about $4 million to $6 million of severance and other one-time costs in 2026 related to the Jasper OSB production curtailment, and notes this estimate may change as implementation proceeds.
How will LPX support employees affected by the Jasper curtailment?
LP plans to provide job search and career transition support to Jasper team members and help them identify and apply for open positions at other LP facilities as part of the curtailment process.
Does LPX plan to restart the Jasper facility in the future?
LP states it will continue to evaluate market conditions and determine appropriate production levels, including potential opportunities to restart curtailed capacity such as Jasper when warranted by demand.
AI-generated analysis. How Rhea-AI works. Not financial advice.
United States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________________________
FORM 8-K
__________________________________
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 1, 2026
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(Exact name of registrant as specified in its charter)
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| (State or other jurisdiction of incorporation or organization) | Commission File Number | (IRS Employer Identification No.) | ||||||||||||
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Registrant’s telephone number, including area code: (615 986 - 5600
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 7.01 Regulation FD Disclosure
On September 1, 2026, Louisiana-Pacific Corporation (“LP”) issued a press release announcing that it will indefinitely curtail OSB production at its Jasper facility in Jasper, TX. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. LP expects to incur approximately $4 million to $6 million of severance and other one-time costs related to the curtailment in 2026. This amount is an estimate and is subject to change as LP implements the curtailment.
The information contained in this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section, nor shall such information be deemed incorporated by reference into any filing under the Securities Act of 1933, regardless of any general incorporation language in such filings.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements concerning LP's future results and performance within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of, and information currently available to our management. The assumptions underlying these forward-looking statements are themselves forward-looking statements. Forward-looking statements can be identified by words such as “may,” “will,” “could,” “should,” “believe,” “expect,” “anticipate,” “assume,” “intend,” “plan,” “seek,” “estimate,” “project,” “target,” “potential,” “continue,” “likely,” or “future,” as well as similar expressions, or the negative or other variations thereof. Forward-looking statements include other statements regarding matters that are not historical facts, including statements regarding the anticipated mill closure and related matters. The actual results may differ materially from those anticipated in the forward-looking statements as a result of numerous factors, many of which are beyond LP’s control, including the risks and uncertainties disclosed in LP’s reports filed from time to time with the SEC, including its most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, available at www.sec.gov. Except as required by law, LP does not intend to update any forward-looking statement contained in this Current Report on Form 8-K to reflect new information, subsequent events, or circumstances arising after the date hereof.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit Number | Description | ||||
| 99.1 | Press release issued by LP on September 1, 2026 | ||||
| 104 | Cover Page Interactive Data File (embedded within Inline XBRL document) | ||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| LOUISIANA-PACIFIC CORPORATION | ||||||||
| By: | /s/ Leslie E. Davis | |||||||
| Leslie E. Davis | ||||||||
| Vice President, Controller and Chief Accounting Officer | ||||||||
LP to Curtail OSB Production at Jasper, Texas Facility NASHVILLE, Tenn. (Sept. 1, 2026) – LP Building Solutions (LP), a leading manufacturer of high- performance building products, today announced that it will indefinitely curtail oriented strand board (OSB) production at its Jasper, Texas facility beginning in October 2026 in response to soft demand. The Jasper facility has an annual production capacity of approximately 475 million square feet on a 3/8-inch basis. The decision follows a review of production requirements across LP's manufacturing network and reflects current conditions in the OSB market. In evaluating its options, the company considered a range of factors, including operating costs, capital requirements, logistics, and long-term asset utilization. "Current market conditions require us to align OSB production with demand," said LP CEO Jason Ringblom. "While the near-term environment for OSB remains challenging, we are confident in LP's strategy and our ability to create long-term value. Taking action now allows us to operate efficiently through the cycle while maintaining the flexibility to respond as market conditions improve. This decision is not a reflection of the performance or commitment of the Jasper team, whose contributions have helped strengthen LP for many years." LP will continue to evaluate market conditions and determine appropriate production levels across its system, including opportunities to restart curtailed capacity when warranted. LP recognizes the impact this decision will have on its Jasper team members and is committed to supporting them through the transition. The company will provide job search and career transition support and help employees identify and apply for open positions at other LP facilities. 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. Forward-Looking Statements This news release contains forward-looking statements concerning LP's future results and performance within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of, and information currently available to our management. The assumptions underlying these forward-looking statements are themselves forward-looking statements. Forward-looking statements can be identified by words such as “may,” “will,” “could,” “should,” “believe,” “expect,” “anticipate,” “assume,” “intend,” “plan,” “seek,” “estimate,” “project,” “target,” “potential,” “continue,” “likely,” or “future,” as well as similar expressions, or the negative or other variations thereof. Forward-looking statements include other statements regarding matters that are not historical facts, including statements regarding the anticipated mill closure and related matters. The actual results may differ materially from those anticipated in the forward-looking statements as a result of numerous factors, many of which are beyond LP’s control, including the risks and uncertainties disclosed in LP’s reports filed from time to time with the SEC, including its most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, available at www.sec.gov. Except as required by law, LP does not intend to update any forward-looking statement contained in this Current Report on Form 8-K to reflect new information, subsequent events, or circumstances arising after the date hereof. ###