LP Moves Corporate Headquarters to Nashville, Tenn.
Thursday, July 1, 2004
News Release No: 122-7-4
David Dugan/Mary Cohn (Media Relations)
Becky Barckley/Mike Kinney (Investor Relations)
Tenn. (July 1, 2004) - Louisiana-Pacific Corporation (LP) (NYSE: LPX)
announced today that its corporate headquarters has "officially"
transitioned from Portland, Ore., to Nashville, Tenn. The address for
the new location is 414 Union Street, Suite 2000, Nashville, TN 37219.
has turned out to be an excellent fit for our headquarters. We are
finding that as we get together in this central location, we are
improving the efficiency and effectiveness of our management team,"
stated Mark Suwyn, chairman and chief executive officer. "The
consolidation is proceeding smoothly, assisted significantly by the
warm reception we’ve received from the community."
transition to its new headquarters is occurring in two phases. The
majority of the employees relocating in the first phase are expected to
be in place this summer. Employees in the second phase are expected to
relocate in the summer of 2005. Once the transition is complete, LP
anticipates employing more than 180 employees at three facilities in
the Nashville area. In addition to its headquarters in downtown
Nashville, LP is establishing a research and development center in
Franklin and a flight operation in Smyrna.
LP is a premier
supplier of building materials, delivering innovative, high-quality
commodity and specialty products to its retail, wholesale, homebuilding
and industrial customers. Visit LP’s web site at www.lpcorp.com for
additional information on the company.