In other L-P
news: The company will relocate its corporate headquarters to Nashville, Tennessee.
hopes to complete the divestitures within 12 to 18 months and raise $600 to $700 million.
And it was government, failing to oversee its own creation, that in effect propelled L-P
into becoming one of the great corporate scandals of modern times--breaking laws that were meant to protect the environment and engaging in practices that led to criminal fraud charges, not to mention the manufacture of shoddy products.
came after being courted by a highly-organized citizen's committee - The Swan River Development Committee.
As the procession wound its way through the streets of downtown Winnipeg to express its collective frustrations in a theatrical way, Premier Gary Filmon and representatives of L-P
were in Minitonas doing a little sod turning theatre themselves.
Plaintiffs allege that the Nature Guard shingles -- a cement and wood fiber shingle which L-P
manufactured and sold as a replacement for cedar shingles between 1995 and 1998 -- are inherently defective, are prematurely failing, and do not live up to the promises L-P
made to homeowners in brochures and its 25 year warranty.
In other news: L-P
said it has finalized the sale of approximately 48,000 acres of timberland in western Louisiana, to Roy O.
HAS ANNOUNCED that an accredited, third-party auditing firm has independently certified that L-P
's forest management and timber procurement practices in Texas and Louisiana fully meet the standards of the Sustainable Forest Initiative.
In May 1993, after an Environmental Protection Agency investigation determined that L-P
had operated without air permits or misrepresented its emissions at fourteen plants, the company signed a consent order agreeing to pay $11.
In addition: L-P
says it will not pursue planned construction of an oriented strand board (OSB) mill on the St.
The effort is part of an agreement to assist in finding and managing ecologically significant sites on L-P
property that will be included in the company's Living Legacy Lands program.
com alliance, L-P
has made an investment in YardConnect.