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Displaying items by tag: UFP Industries Inc

Sunday, 03 July 2022 18:29

MiBiz Growth Report: July 5, 2022

Here is the MiBiz Growth report for July 5, 2022:

Published in Economic Development
Tuesday, 28 June 2022 14:58

UFP affiliate acquires 50% equity stake in key lumber supplier

An affiliate of Grand Rapids Township wood products manufacturer UFP Industries Inc. has acquired a 50-percent equity stake in a key supplier based in South Carolina.

Published in Manufacturing
Thursday, 26 May 2022 10:12

MiBiz Growth Report: May 23, 2022

Here is the MiBiz Growth report for May 23, 2022:

Published in Economic Development

Monday, 09 May 2022 17:23

UFP Industries affiliate acquires Iowa plastic recycler for $17M

GRAND RAPIDS TWP. — Wood products and building materials manufacturer UFP Industries Inc. announced that it has purchased an Iowa-based plastic recycler.

Published in Manufacturing
Sunday, 24 April 2022 17:50

Building suppliers boom as homeowners focus on renovations

Against the backdrop of low nationwide home inventories, many homeowners are deciding to hunker down and invest in home repair and remodeling projects.

Published in Manufacturing
Friday, 18 February 2022 16:15

Acquisitions, soaring lumber prices boost sales for UFP Industries in Q4

The Grand Rapids-based company reported its fourth quarter and 2021 fiscal year earnings, both of which set new watermarks as the company continues to gain market share with acquisitions.

Published in Manufacturing


Tuesday, 28 December 2021 08:25

UFP Industries adds aluminum fencing to product offering with latest acquisition 

GRAND RAPIDS TWP. — Global wood products manufacturer UFP Industries Inc. capped off a frenzied calendar year of dealmaking this week, announcing yet another acquisition to close out 2021.

Published in Manufacturing
Tuesday, 21 December 2021 15:58

UFP Industries acquires neighboring industrial packaging company

GRAND RAPIDS TWP. — Global wood products manufacturer UFP Industries Inc. has completed yet another acquisition to likely cap an active 2021, and the latest purchase is poised to bolster the company’s industrial packaging segment.

Published in Manufacturing
Tuesday, 23 November 2021 16:03

UFP Industries expands global reach after affiliate acquires controlling equity position in Indian firm

GRAND RAPIDS TWP. — Wood products manufacturer UFP Industries Inc. continued its global growth by acquiring a controlling equity position in an India-based industrial packaging operation.

Published in Manufacturing

Tuesday, 09 November 2021 15:47

Bonus interview: Q&A with UFP Industries CEO Matt Missad

GRAND RAPIDS TWP. — UFP Industries Inc. has maintained an active pipeline of acquisitions over the past several years as CEO Matt Missad maintains strong growth and a focus on diversification.

Published in Manufacturing
Sunday, 07 November 2021 19:00

From groundskeeper to CEO, Matt Missad leads UFP Industries on a profitable hunt for growth

Generating $2.1 billion in revenue in its most recent quarter and operating 170 facilities across the world, UFP Industries Inc. is — by most accounts — a giant that resides in greater Grand Rapids.

Published in Manufacturing
Tuesday, 02 November 2021 14:31

UFP Industries builds momentum in Australia with latest acquisition

GRAND RAPIDS TWP. — Wood products manufacturer UFP Industries Inc. continues to expand its presence in Australia after announcing yet another acquisition in the country.

Published in Manufacturing


Thursday, 21 October 2021 19:01

UFP Industries credits diversification for stability as retail business rocked by slumping lumber market

GRAND RAPIDS TWP. — As lumber prices returned to typical levels this year following their meteoric rise during the worst of the COVID-19 pandemic, executives at UFP Industries Inc. credit the company’s diversified business model for helping it weather the volatility.

Published in Manufacturing
Tuesday, 28 September 2021 14:49

UFP acquires Alabama wood distributor in anticipation of growing factory-built housing demand

GRAND RAPIDS — Anticipating an uptick in demand for factory-built housing, Grand Rapids-based wood products manufacturer UFP Industries Inc. announced the acquisition of one of its current vendors.

Published in Manufacturing
Thursday, 22 July 2021 16:43

Lumber prices, acquisitions fuel record-breaking quarter for UFP Industries

GRAND RAPIDS — Wood products manufacturer UFP Industries Inc. continues to achieve record-breaking sales numbers as it navigates a volatile industry.

Published in Manufacturing

Wednesday, 21 April 2021 17:25

UFP Industries earnings soar on ‘unprecedented growth’ in Q1

GRAND RAPIDS — Wood products manufacturer UFP Industries Inc. credits strong market conditions and success in implementing its strategic plan for driving what CEO Matt Missad described as “unprecedented growth” in the first quarter. 

Published in Manufacturing
Sunday, 11 April 2021 12:00

MiBiz Growth Report: April 11, 2021

This is the MiBiz Growth Report for April 11, 2021.

Published in Economic Development
Monday, 15 March 2021 10:57

MiBiz Growth Report: March 15, 2021

Here's the MiBiz growth report for March 15, 2021.

Published in Economic Development

Tuesday, 02 March 2021 15:16

UFP Industries subsidiary expands Australia presence with latest acquisition

GRAND RAPIDS — Wood products manufacturer UFP Industries Inc. recently expanded its presence in the Australian market with an acquisition made by one of its wholly owned subsidiaries.

Published in Manufacturing
Thursday, 25 February 2021 13:58

Despite pandemic, UFP Industries continues record-setting growth spurt

GRAND RAPIDS — Wood products manufacturer UFP Industries Inc. emerged from a turbulent 2020 with another record-breaking year.

Published in Manufacturing
Tuesday, 23 February 2021 10:31

UFP Industries subsidiary acquires South Carolina wood treating company

GRAND RAPIDS — Wood products manufacturer UFP Industries Inc. announced on Monday that one of its wholly owned subsidiaries has signed an agreement to purchase the assets of a South Carolina-based wood treating operation.

Published in Manufacturing

Friday, 11 December 2020 09:47

UFP Industries to purchase Florida-based industrial packaging manufacturer

GRAND RAPIDS — Worldwide wood products supplier UFP Industries Inc. plans to expand its industrial packaging capabilities through the upcoming acquisition of Florida-based pallet manufacturer PalletOne Inc.

Published in Manufacturing
Sunday, 22 November 2020 10:47

MiBiz Growth Report: November 22, 2020

Here is the MiBiz Growth Report for November 22, 2020.

Published in Economic Development
Monday, 16 November 2020 11:22

UFP acquires assets of three New Hampshire-based construction suppliers

GRAND RAPIDS — An active stretch of acquisitions for Grand Rapids-based wood products manufacturer UFP Industries Inc. continued this week as the company announced it has acquired three new businesses.

Published in Manufacturing

Friday, 06 November 2020 16:01

UFP makes equity investment in Italian industrial packaging firm

GRAND RAPIDS — Wood products supplier UFP Industries Inc. has established a foothold in Europe with a recent deal.

Published in Manufacturing
Friday, 23 October 2020 13:36

UFP reports record quarterly earnings with help from retail, investments

Grand Rapids-based UFP Industries Inc. has released its best quarterly earnings report in the company’s 65-year history.

Published in Manufacturing
Sunday, 11 October 2020 09:08

MiBiz Growth Report: October 11, 2020

Here is the MiBiz Growth Report for October 11, 2020.

Published in Economic Development

Monday, 05 October 2020 12:06

UFP Industries acquires North Carolina wood preservation developer

GRAND RAPIDS — Wood products company UFP Industries Inc. recently announced the acquisition of a business that specializes in developing and testing high-performance chemicals for wood preservation.

Published in Manufacturing
Thursday, 23 July 2020 11:42

Retail sales spike buoys UFP Industries in second quarter

GRAND RAPIDS — Wood products company UFP Industries Inc. said its ability to stay on the job during the COVID-19 pandemic led to record net earnings for the second quarter of 2020.

Published in Manufacturing
Tuesday, 14 July 2020 09:31

UFP Industries acquires California manufacturer

GRAND RAPIDS — An affiliate of wood products company UFP Industries has acquired Rancho Cucamonga, Calif.-based T&R Lumber Co.

Published in Manufacturing

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