LPX – Hoyt Lakes Wood Siding Plant – Minnesota - Project Profile

Synopsis
"LPX – Hoyt Lakes Wood Siding Plant – Minnesota - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "LPX – Hoyt Lakes Wood Siding Plant – Minnesota - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
Scope
The project involves the construction of a wood siding manufacturing plant to process 700,000 to 800,000 cords of wood annually on 364ha of land in Hoyt Lakes, Saint Louis County, Minnesota, the US.

The US$440 million project includes the following:

1. Construction of an assembly unit

2. Construction of a forging unit

3. Construction of a logistics center

4. Construction of office facilities

5. Installation of machinery and equipment
Summary
Louisiana-Pacific Corporation (LPX) is planning to build a wood siding plant manufacturing plant in Hoyt Lakes, Saint Louis County, Minnesota, the US.

The project involves the construction of a wood siding manufacturing plant to process 700,000 to 800,000 cords of wood per annum on 364ha of land and being developed in two phases.

It includes the construction of an assembly unit, a forging unit, packaging units and administrative facilities, and the installation of safety systems, machinery, and equipment.

On June 14, 2016, LPX received approvals and incentives of US$6 million sales tax rebate for building materials and supplies over a three-year period and US$30 million for site infrastructure improvements from the Iron Range Resources and Rehabilitation Board (IRRRB).

The project is facing delay.
Reasons To Buy
• Gain insight into the project.

• Monitor the latest project developments.

• Identify key project contacts.
Key highlights