Pacific Woodtech acquires LP’s EWP business for $210M

LP Building Solutions has announced an agreement with Pacific Woodtech to acquire LP’s Engineered Wood Products (EWP) business for $210 million. The acquisition includes LP’s laminated veneer lumber and I-joist manufacturing facilities in Wilmington, N.C.; Red Bluff, Calif.; and Golden, B.C., associated timber license assets, and the SolidStart brand. The completion of this transaction is…