LP Building Solutions says it will invest close to $400 million to expand its LP (Louisiana-Pacific) Houlton facility in New Limerick to manufacture more of its flagship siding product, known as SmartSide. This comes on the heels of a $150 million investment rolled out in August to convert the facility from the manufacture of oriented strand board to the company’s new SmartSide trim and siding product.
U.S. Senators Susan Collins and Angus King and Representative Jared Golden celebrated Wednesday’s announcement, saying it would increase opportunities across the forest products industry – benefiting loggers, haulers, and everyone else in between who relies on Maine forests.