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Business Description
Louisiana-Pacific Corporation is a manufacturer and distributor of building products used primarily in new home construction, repair and remodeling and manufactured housing. The Company delivers these products to the retail, wholesale, home building and industrial markets predominantly in North America. It also sells and distributes its products to the light industrial and commercial construction markets, and runs an export business for some of its specialty building products to Asia, Europe and South America. Louisiana-Pacific operates in four principal segments: Oriented Strand Board (OSB), Composite Wood Products, Plastic Building Products and Engineered Wood Products (EWP). In addition to its United States operations, the Company also maintains manufacturing facilities in Canada and Chile through foreign subsidiaries and joint ventures.

Financial Information
For the six months ended 6/30/04, sales rose 73% to $1.52 billion. Net income from continuing operations and before acctg. change totaled $301.6 million, up from $11.1 million. Results reflect higher pricing for lumber products and improved operating profit margins.