SOURCE: The Bedford Report

The Bedford Report

August 29, 2011 08:16 ET

Sino-Forest and Louisiana-Pacific Struggle in Very Different Ways

The Bedford Report Provides Equity Research on Sino Forest and Louisiana-Pacific

NEW YORK, NY--(Marketwire - Aug 29, 2011) - Wood Producers across the globe are struggling for a variety of reasons. In North America, the high unemployment rate continues to shrink, building demand. Meanwhile, in China demand remains high, but one of the country's most prominent wood producers is suffering regulatory headwinds. The Bedford Report examines the outlook for companies in the Lumber, Wood Production Industry and provides equity research on Sino Forest Corporation (TSX: TRE) (PINKSHEETS: SNOFF) and Louisiana-Pacific Corporation (NYSE: LPX). Access to the full company reports can be found at:

In the second quarter Louisiana-Pacific found itself in the red due to lower house starts and retail sales. Strand board sales dropped in excess of 30 percent and the company's overall revenue declined nearly 20 percent during the quarter. With the recovery in American homebuilding sluggish, the company is making a push into China. Louisiana-Pacific Corporation CEO Rick Frost has said that the company could pursue a 10-fold rise in exports to China.

The Bedford Report releases investment research on the Lumber, Wood Production industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.

In recent news, the Chinese forestry operator Sino-Forest said it will take until the end of the year to complete an independent probe into the allegations accused by short-seller Carson Block. Meanwhile, the Ontario Securities Commission recently demanded Sino Chief Executive Allen Chan and other officers resign immediately. The commission later rescinded that order, saying it lacked the power to force them to step down until after a hearing, expected within 15 days.

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