May 06, 2005. Louisiana-Pacific Corporation (LP) (NYSE: LPX) announced that it has completed the sale of its sawmill located in Gwinn, Mich., to Potlatch Corporation. The plant, which LP purchased from Sawyer Lumber Company in 2000, manufactures jack/red pine studs. Terms of the sale were not disclosed.
Louisiana-Pacific completes sale of Gwinn, Michigan lumber mill
May 06, 2005. /Lesprom Network/. Louisiana-Pacific Corporation (LP) (NYSE: LPX) announced that it has completed the sale of its sawmill located in Gwinn, Mich., to Potlatch Corporation. The plant, which LP purchased from Sawyer Lumber Company in 2000, manufactures jack/red pine studs. Terms of the sale were not disclosed.
"We are pleased to be able to transfer this excellent operation to a strategic buyer that will invest in its future," said Neil Sherman, LP's director of business development. "Potlatch is purchasing a quality mill with outstanding employees, and we wish them every success."
