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Louisiana pacific siding repair.
After forming from a georgia pacific spin off in 1972 louisiana pacific was born.
Building through acquisitions the company bought fiberboard corporation and fifteen southern california building centers that provided the needed distribution points.
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This lawsuit ended up resulting in a judgment for the homeowners that added up to 25 million bucks.
Louisiana pacific s business benefits from strong siding business which accounted for 42 of the total revenues in 2019.
The company has been making efforts to increase the penetration of siding.
Over 500 million has been paid out to customers regarding this suit.
Louisiana pacific s inner seal siding commonly referred to as lp fits this bill.
At lp we understand the challenging dynamics of the building industry deadlines limited skilled workforces potential liabilities reputation management and inventory shortages just to name a few and how those are amplified during this time of unparalleled unknown amid covid 19.
Many upset homeowners filed claims to have their lp siding replaced but never received replacement siding or any assistance from louisiana pacific itself.
Lp smartside engineered wood trim siding resists damage from impacts better than fiber cement and vinyl siding.
Lp siding otherwise known as louisiana pacific siding was the product that a number of homeowners sued louisiana pacific in a class action lawsuit.
Between 1985 and 1995 800 000 homes were sided with a louisiana pacific lp product called inner seal that sparked one of the largest class action lawsuits in history after the siding began to fail.
This led to a class action lawsuit against louisiana pacific which resulted in a 25 million settlement.
The most commonly seen problematic siding out there hands down is louisiana pacific inner seal siding.