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In December 2002, Louisiana-Pacific Corporation (LP) finalized the sale of 33,000 acres of timberland near Oakdale, Louisiana, to Barrs & Glawson Investments, LLC for approximately $30 million. [4] Throughout 2003 LP continued to sell Timberland in Louisiana, Texas, Idaho along with several mills related to the company's divestitures. [ 15 ]
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Louisiana-Pacific's (LPX) robust siding business performance and stable demand for repair and remodeling activities bode well.
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