Saturday, 28 September 2019 11:05

Growth Report: Sept. 28,2019

Growth report for Sept. 28, 2019.

Published in Economic Development
Wednesday, 18 September 2019 14:27

UFPI acquires Pallet USA, restructures

GRAND RAPIDS — An affiliate of Universal Forest Products Inc. (NASDAQ: UFPI) has acquired Hartford, Wis.-based Pallet USA LLC, expanding Universal’s industrial product-capacity and services in the Midwest.

Published in Manufacturing
Sunday, 18 August 2019 17:00

MiBiz growth report: August 19, 2019

Here is the MiBiz Growth Report for Aug. 19, 2019:

Published in Economic Development

Universal Forest Products Inc. is acquiring the assets of a Grand Rapids-based wood panel components manufacturer.

Published in Manufacturing
Sunday, 28 October 2018 15:00

MiBiz Growth Report: Oct. 29, 2018

Here is the MiBiz Growth Report for Oct. 29, 2018.

Published in Finance

Emerging drone technology is helping reduce costs and save time for a range of West Michigan businesses, from farmers to construction companies and beyond. 

Published in Manufacturing
Sunday, 01 April 2018 10:21

MiBiz Growth Report: April 2, 2018

Here is the MiBiz Growth Report for April 2, 2018.

• M&A: A subsidiary of Universal Forest Products Inc. (Nasdaq: UFPI) plans to acquire “substantially all” of the operating assets of Marietta, Ga.-based North American Container Corp., a producer of packaging products, according to a statement. The deal should close by June 1. Terms of the deal were undisclosed. The acquisition will add steel, corrugated and hardwood packaging to Universal’s lineup of industrial products. North American Container, founded in 1967, operates nine manufacturing facilities in Georgia, South Carolina, Tennessee and Wisconsin and recorded 2017 sales of about $71 million. Universal Forest Products in February reported that it generated $3.9 billion in net sales with net earnings of $119.5 million for 2017.

Published in Breaking News

A subsidiary of Universal Forest Products Inc. plans to acquire the assets of a Georgia producer of packaging products.

Published in Breaking News

Universal Forest Products Inc. surpassed analyst expectations in the first quarter of 2017, growing annual sales by 24 percent largely due to an acquisition that closed last fall.

Published in Breaking News
Sunday, 19 March 2017 16:16

MiBiz Growth Report: March 20, 2017

Here is the MiBiz Growth Report for March 20, 2017: 

• M&A: Grand Rapids-based fuel distributor Crystal Flash Inc. has expanded its geographic footprint into Southeast Michigan with the acquisition of Adrian-based Lenawee Farm Bureau Oil Cooperative, which has more than 500 customers. Two employees will stay on with Crystal Flash, according to a statement. Terms of the deal, which was finalized this month, were not disclosed. Lenawee County Farm Bureau Oil Cooperative serves agricultural, commercial, construction and home heating oil customers. Grand Rapids-based Charter Capital Partners served as financial adviser to Crystal Flash on the deal. The employee-owned company employs 250 people at 15 locations in Michigan.

Published in Breaking News
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