Company: LPX
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000060519-25-000005
Chunk: 18

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1
Chunk 18
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 in million square feet (MMSF) on a standard 3/8" thickness basis. Evaluating sales volume by product type helps us identify and address changes in product demand, broad market factors that may affect our performance, and opportunities for future growth. It should be noted that other companies may present sales volume data differently, and therefore, as presented by us, sales volume data may not be comparable to similarly titled measures reported by other companies. We believe that sales volumes can be a useful measure for evaluating and understanding our business. 

Year Ended December 31, 2024Sales VolumeSidingOSBLPSATotalSiding Solutions (MMSF)1,719 — 35 1,754 OSB - Structural Solutions (MMSF)— 1,705 548 2,253 OSB - Commodity (MMSF)— 1,680 — 1,680 

11

Year Ended December 31, 2023Sales VolumeSidingOSBLPSATotalSiding Solutions (MMSF)1,547 — 33 1,580 OSB - Structural Solutions (MMSF)— 1,559 502 2,061 OSB - Commodity (MMSF)— 1,512 — 1,512 

Year Ended December 31, 2022Sales VolumeSidingOSBLPSATotalSiding Solutions (MMSF)1,797 — 33 1,830 OSB - Structural Solutions (MMSF)— 1,803 554 2,357 OSB - Commodity (MMSF)— 1,944 — 1,944 

Overall Equipment Effectiveness Summary

We measure OEE of each of our mills to track improvements in the utilization and productivity of our manufacturing assets. OEE is a composite metric that considers asset uptime (adjusted for capital project downtime and similar events), production rates, and finished product quality. We believe that when used in conjunction with other metrics, OEE can be a useful measure for evaluating our ability to generate profits, and that providing this measure should allow interested persons to monitor operational improvements. We use a best-in-class target across all LP sites that allows us to optimize capital investments, focus maintenance and reliability improvements, and improve overall equipment efficiency. It should be noted that other companies may present OEE data differently, and therefore, as presented by us, OEE data may not be comparable to similarly titled