Ufp Industries Inc (OQ:UFPI)

Mar 12, 2024 10:30 am ET
Sidoti Events, LLC's Virtual March Small-Cap Conference
NEW YORK, NY / ACCESSWIRE / March 12, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day March Small-Cap Conference taking place Wednesday and Thursday, March 13-14, 2024. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.
Mar 01, 2024 02:06 pm ET
UFP Packaging expands in Warrens, Wisconsin, with new production facility
UFP Packaging, an affiliate of UFP Industries (NASDAQ: UFPI), has expanded its presence in Warrens, Wisconsin. The company cut the ribbon on a new 11,840 sq.-ft. production facility and 2,400 sq.-ft. employee breakroom on February 21, 2024. The new production facility will produce a variety of wood packaging and allow the company to add up to 12 new positions. The addition brings the facility’s total manufacturing space to approximately 40,000 sq. ft.
Feb 20, 2024 08:00 am ET
UFP Industries Announces Fourth Quarter and Fiscal 2023 Results
UFP Industries, Inc. (Nasdaq: UFPI) today announced net sales of $1.5 billion, net earnings attributable to controlling interest of $103 million, and earnings per diluted share of $1.62 for the fourth quarter of 2023. The company also announced net sales of $7.2 billion and earnings per diluted share of $8.07 for fiscal 2023. Fiscal 2023 results reflect the impact of one less week compared to fiscal 2022.
Feb 05, 2024 04:05 pm ET
UFP Industries announces quarterly dividend of $0.33 per share
On February 1, 2024, the Board of Directors of UFP Industries, Inc. (Nasdaq: UFPI) approved a quarterly dividend payment of $0.33 per share, a 10 percent increase over the quarterly dividend of $0.30 per share paid in December 2023 and a 32 percent increase over the quarterly dividend of $0.25 per share paid in March 2023. The dividend is payable on March 15, 2024, to shareholders of record on March 1, 2024. This will mark the twelfth consecutive year in which UFP’s dividend has increased.
Jan 29, 2024 08:44 am ET
UFP Industries Plans Largest-Ever Presence at 2024 International Builders’ Show
Three affiliates of UFP Industries (Nasdaq: UFPI) will display a wide range of new and innovative products at the 2024 NAHB International Builders' Show (IBS) in Las Vegas from February 27-29, 2024. Their combined efforts will mark the company’s largest presence at the world’s biggest residential construction trade show.
Jan 16, 2024 08:00 am ET
DECKORATORS RELEASES 2024 OUTDOOR LIVING REPORT
America's Top Contractors Share Exclusive Insights on Outdoor Trends for 2024
Dec 01, 2023 04:03 pm ET
UFP Global Holdings Ltd. purchases remaining ownership interests in two Mexican packaging affiliates
UFP Global Holdings Ltd., a subsidiary of UFP Industries, Inc. (Nasdaq: UFPI), announced today that it has acquired the remaining ownership interests in each of two affiliates in Mexico: NORPAL S. de R.L. de C.V. and TIBASA Universal Forest Products S. de R.L. de C.V.
Nov 14, 2023 04:01 pm ET
TimberBase launches global B2B platform for buying and selling lumber and building materials
TimberBase, an affiliate of UFP Industries, Inc. (Nasdaq: UFPI), today announced the launch of TimberBase.com, a B2B digital platform for buying and selling lumber and building materials. Purchased from German tech start-up Timber Base GmbH in February 2023, the platform has been upgraded with a more intuitive interface, supported by UFP’s team of international industry experts, to simplify the buying and selling process for customers and suppliers around the world.
Nov 07, 2023 06:20 pm ET
ProWood® FR Fire-Retardant Plywood Is First to Comply With 2021 Major Model Building Codes
ProWood®, the nation’s leader in pressure-treated wood products, has announced its ProWood FR fire-retardant plywood complies with the 2021 International Building Code and International Residential Code, becoming the first pressure-treated, fire-retardant panel to do so.
Oct 31, 2023 08:00 am ET
UFP Industries Announces Third Quarter Results
UFP Industries, Inc. (Nasdaq: UFPI) today announced third quarter 2023 results including net sales of $1.8 billion, net earnings attributable to controlling interests of $134 million, and earnings per diluted share of $2.10.
Oct 09, 2023 10:28 am ET
DECKORATORS® VOYAGE DECKING RECOGNIZED IN GOOD HOUSEKEEPING'S 2023 HOME RENOVATION AWARDS
GRAND RAPIDS, Mich., Oct. 9, 2023 /PRNewswire/ -- Deckorators®, a leading brand of UFP Industries, Inc. (Nasdaq: UFPI), announced today that its patented Voyage Mineral-Based Composite Decking has been recognized in the prestigious Good Housekeeping 2023 Home Renovation Awards. A full list of winners can be found at https://www.goodhousekeeping.com/home/renovation/a44870187/home-renovation-awards-2023/.
Sep 20, 2023 04:05 pm ET
UFP Global Holdings Ltd. acquires controlling interest in Palets Suller Group
UFP Global Holdings Ltd., a subsidiary of UFP Industries, Inc. (Nasdaq: UFPI), has acquired 80 percent of the equity in a newly formed company, UFP Palets y Embalajes SL, for approximately $52 million USD. UFP Palets is comprised of the former pallet manufacturing operations of Palets Suller SL, Serrería y Palets Chiva SL and Drevex Castellón SL, collectively known as Palets Suller Group. The company had trailing 12-month sales of approximately $38 million USD through August 2023.
Aug 22, 2023 12:57 pm ET
UFP Packaging to Showcase Its Breadth and Depth as a Total Packaging Solutions Provider at PACK EXPO Las Vegas
UFP Packaging, part of UFP Industries, Inc. (Nasdaq: UFPI), will make its PACK EXPO Las Vegas debut from September 11-13, 2023. The company will feature packaging solutions and services from three business units: Protective Packaging, Structural Packaging, and Machine-Built Pallets. Representatives from each business unit will be available for consultation at booth N-9415.
Aug 15, 2023 07:30 am ET
Dragonfly Energy Expands Operations with New Distributor and Midwest Location
As part of its continued commitment to customer service and strategic growth, Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), maker of Battle Born BatteriesTM and an industry leader in energy storage, is...
Aug 02, 2023 04:05 pm ET
UFP Industries Announces Second Quarter Results
UFP Industries, Inc. (Nasdaq: UFPI) today announced second quarter 2023 results including net sales of $2.04 billion, net earnings attributable to controlling interest of $151 million, and earnings per diluted share of $2.36.
Jun 13, 2023 08:00 am ET
Sidoti Events, LLC's Virtual June Small-Cap Conference
NEW YORK, NY / ACCESSWIRE / June 13, 2023 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day June Small-Cap Conference taking place Wednesday and Thursday, June 14-15, 2023. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.
Jun 09, 2023 10:23 am ET
UFP Industries Ranked 403 on FORTUNE 500
UFP Industries (Nasdaq: UFPI) announced today that the company has, for the third time, secured a position on the esteemed FORTUNE 500 list, ranking at 403 among the largest U.S. companies based on revenue.
May 02, 2023 04:05 pm ET
UFP Industries Announces First Quarter Results
UFP Industries, Inc. (Nasdaq: UFPI) today announced first quarter 2023 results including net sales of $1.82 billion, net earnings attributable to controlling interest of $126 million, and earnings per diluted share of $1.98.
Mar 28, 2023 10:06 am ET
UFP Packaging Expands PalletOne Nationally
It becomes the first coast-to-coast premier pallet supplier
Mar 20, 2023 02:00 pm ET
Sidoti's Small-Cap Virtual March Conference
NEW YORK, NY / ACCESSWIRE / March 20, 2023 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day March Small-Cap Conference taking place Wednesday and Thursday, March 22-23, 2023. The links can also be found at www.sidoticonference.com/events.
Feb 21, 2023 04:05 pm ET
UFP Industries Announces Fourth Quarter and Fiscal 2022 Results
UFP Industries, Inc. (Nasdaq: UFPI) today announced net sales of $1.9 billion, net earnings attributable to controlling interest of $133 million, and earnings per diluted share of $2.10 for the fourth quarter of 2022. The company also announced a record $9.6 billion in net sales for fiscal 2022, an 11 percent increase over 2021, and record 2022 earnings per diluted share of $10.97, a 28 percent increase over the previous year.
Feb 16, 2023 05:04 pm ET
UFP Industries Set to Join S&P MidCap 400; Otter Tail to Join S&P SmallCap 600
NEW YORK, Feb. 16, 2023 /PRNewswire/ -- S&P SmallCap 600 constituent UFP Industries Inc. (NASD: UFPI) will replace LHC Group Inc. (NASD: LHCG) in the S&P MidCap 400, and Otter Tail Corp.
Feb 14, 2023 09:30 am ET
Sidoti & Company, LLC Announces Registration Now Open for March Small-Cap and May Micro-Cap Conferences
NEW YORK, NY / ACCESSWIRE / February 14, 2023 / Sidoti & Company, LLC announces that its two spring conferences are now open for registration. The March Virtual Small-Cap Conference will take place on Wednesday and Thursday, March 22-23, 2023, and the May Virtual Micro-Cap Conference will be on Wednesday and Thursday, May 10-11, 2023.Sidoti hosts eight virtual investor conferences a year, alternating between small- and micro-cap targeted companies. Companies can host both group pr
Feb 07, 2023 08:59 am ET
UFP Industries announces quarterly dividend of $0.25 per share
“This enhanced dividend reflects our strong performance and the confidence we have in our growth strategy and balanced business model, which serves many diverse yet complementary markets,” said Chairman and CEO Matthew J. Missad. “Our strong cash flow not only allows us to invest in growing UFP Industries to achieve even greater returns, but to share our success with shareholders through these dividends. We thank our shareholders, many of whom are employees, for making this success possible.”
Feb 04, 2023 10:07 am ET
CORRECTING and REPLACING Matthew J. Missad named Chairman of the Board for UFP Industries
First paragraph, third sentence of release dated February 3, 2023, should read: "[William G. Currie] then will step down after 54 years with the company."
Feb 03, 2023 04:26 pm ET
Matthew J. Missad named Chairman of the Board for UFP Industries
UFP Industries, Inc. (Nasdaq: UFPI), today announced that CEO Matthew J. Missad also has been named chairman of the board. The move, approved by the board of directors at their February 2, 2023, meeting and effective immediately, is part of a comprehensive succession plan that calls for both change and continuity: Board Chairman William G. Currie will remain as a director through the end of his term. He then will step down after 52 years with the company. Missad will remain with the Company at least through 2027, as other elements of the succession plan are put in place.
Jan 30, 2023 04:05 pm ET
UFP Industrial Changes Name to UFP Packaging
To better reflect its business focus and opportunity, UFP Industrial, LLC, a leading supplier of total packaging solutions, packaging logistics support and OEM components, and a subsidiary of UFP Industries, Inc. (Nasdaq: UFPI), is changing its name to UFP Packaging, LLC. The change is effective February 1, 2023.
Jan 16, 2023 08:00 am ET
UFP Retail Solutions will showcase product innovations at IBS 2023
UFP Retail Solutions, a business segment of UFP Industries, Inc. (Nasdaq: UFPI), will feature new and innovative products from two leading brands, Deckorators and UFP-Edge, at the NAHB International Builders’ Show (IBS 2023) in Las Vegas from January 31 to February 2, 2023.
Dec 06, 2022 04:30 pm ET
UFP Packaging acquires Titan Corrugated and its affiliate, All Boxed Up, adding corrugated conversion to its industrial packaging offerings
UFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Packaging, LLC, has acquired Titan Corrugated, Inc., a manufacturer of corrugated packaging products, and its affiliate All Boxed Up, LLC, a corrugated box distributor. The...
Nov 16, 2022 07:30 am ET
Deckorators® Launches 2023 Outdoor Living Report
Trend-leading brand leverages insights from experts in the field
Oct 20, 2022 04:05 pm ET
UFP Industries Reports Record Third Quarter Results
UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales of $2.3 billion and net earnings attributable to controlling interests of $167 million for the third quarter of 2022. The company also reported record earnings per diluted share...
Sep 26, 2022 04:46 pm ET
UFP Industries names Will Schwartz president of UFP Retail Solutions
UFP Industries (Nasdaq: UFPI) today announced that Will Schwartz has been named president of UFP Retail Solutions, LLC, effective January 1, 2023. UFP Retail Solutions is an approximately $4 billion segment of UFP Industries that specializes in...
Sep 06, 2022 04:10 pm ET
UFP Announces Personnel Changes to Focus on Innovation
UFP Industries (Nasdaq: UFPI) today announced the appointment of Allen Peters to executive vice president of innovation, effective January 1, 2023. Allen’s new duties will include leading UFP’s Innovation Accelerator and Innov8 Fund teams. He will...
Jul 21, 2022 04:05 pm ET
UFP Industries Reports Record Second Quarter Results
UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales of $2.9 billion and net earnings attributable to controlling interests of $203 million for the second quarter of 2022. The company also reported record earnings per diluted share...
Jul 12, 2022 08:00 am ET
UFP Industries to Release Second Quarter Fiscal 2022 Earnings Results and Host Conference Call on July 21, 2022
UFP Industries, Inc. (Nasdaq: UFPI) will release its financial results for the second fiscal quarter on Thursday, July 21, 2022, after market close, at approximately 4:05 p.m. ET. CEO Matt Missad and CFO Mike Cole will host a conference call later...
Jun 30, 2022 10:07 am ET
UFP Industries ranked tenth on Forbes annual list of America’s Best Mid-Sized Companies
UFP Industries (Nasdaq: UFPI) has been ranked tenth on Forbes annual list of America’s Best Mid-Sized Companies. To compile the 2022 list, Forbes screened more than 1,000 companies with a market value between $2 billion and $10 billion. The top 100...
Jun 27, 2022 04:35 pm ET
UFP Industries acquires a 50 percent stake in Dempsey Wood Products, LLC, providing additional industrial wood sourcing capacity to support growth
UFP Industries (Nasdaq: UFPI) today announced that its affiliate, PalletOne, Inc., has acquired a 50 percent equity stake in Dempsey Wood Products, LLC. The purchase agreement includes options for PalletOne to purchase the remaining 50 percent of...
Jun 06, 2022 03:35 pm ET
UFP Industries ranked 401 on FORTUNE 500
UFP Industries (Nasdaq: UFPI) today announced that it was ranked 401 on the FORTUNE 500 list of largest companies by revenue in the United States. UFP Industries jumped 117 places, from 518 in 2021, to make the coveted list. The company, which has...
Jun 02, 2022 08:00 am ET
UFP Industries to Participate in the Stifel 2022 Cross Sector Insight Conference
UFP Industries (Nasdaq: UFPI) today announced that CEO Matt Missad and CFO Mike Cole will participate in the Stifel Cross Sector Insight Conference at the InterContinental hotel in Boston, Massachusetts, on June 9, 2022. Management is scheduled to...
May 09, 2022 04:05 pm ET
UFP Industries acquires Cedar Poly LLC, adding plastic recycling to its retail operations
UFP Industries (Nasdaq: UFPI) today announced that its affiliate, Deckorators, Inc., acquired Cedar Poly LLC, for $17 million. The purchase price includes incentive payments of up to $1.5 million over three years if Cedar Poly meets certain...
Apr 25, 2022 04:05 pm ET
UFP Industries announces the planned retirement of President and COO Pat Webster
UFP Industries, Inc. (Nasdaq: UFPI) today announced that President and COO Pat Webster will retire at the end of 2022 after a remarkable career spanning nearly four decades at the company. Over the next several months, Pat’s duties will be...
Apr 21, 2022 04:05 pm ET
UFP Industries Reports Record First Quarter Results
UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales of $2.49 billion and net earnings of $190 million for the first quarter of 2022. The company also reported record earnings per diluted share of $3.00, an 80 percent increase over...
Apr 07, 2022 02:08 pm ET
Conference Call to Discuss Q1 2022
UFP Industries, Inc.Nasdaq: UFPIwww.ufpi.com Conference Call to Discuss Q1 2022 Hosted by:Matthew J. Missad, Chief Executive OfficerMichael Cole, Chief Financial Officer Press ReleaseThursday, April 21, 2022 (after market) Conference...
Mar 22, 2022 09:50 am ET
Sidoti March Virtual Small Cap Investor Conference
NEW YORK, NY / ACCESSWIRE / March 22, 2022 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day March Small Cap Virtual Conference taking place Wednesday and Thursday, March 23rd-24th, 2022. The links can also be found at www.sidoticonference.com/events.
Feb 16, 2022 04:05 pm ET
UFP Industries Reports Record Earnings for Fourth Quarter and Year
UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales and net earnings for the fourth quarter and fiscal year 2021. The company, which passed $8.6 billion in net sales for fiscal 2021, also reported record earnings per diluted share...
Jan 28, 2022 04:05 pm ET
UFP Industries announces quarterly dividend of $0.20 per share
On January 27, 2022, the Board of Directors of UFP Industries, Inc. (Nasdaq: UFPI) approved a quarterly dividend payment of $0.20 per share, a 33 percent increase over the quarterly dividend of 15 cents paid last year. The dividend is payable on...
Jan 18, 2022 07:30 am ET
Sidoti Winter Virtual Small Cap Investor Conference
NEW YORK, NY / ACCESSWIRE / January 18, 2022 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day January Small Cap Virtual Conference taking place Wednesday and Thursday, December 19th-20th, 2022. The links can also be found at www.sidoticonference.com/events.
Dec 27, 2021 05:45 pm ET
UFP Industries acquires Ultra Aluminum Manufacturing, expanding its fence and railing offerings
UFP Industries (Nasdaq: UFPI) today announced that its subsidiary, Deckorators, Inc., has acquired Ultra Aluminum Manufacturing Inc. (Ultra), a leading manufacturer of aluminum fencing, gates and railing, for $25 million. The transaction includes...
Dec 20, 2021 04:09 pm ET
UFP Industries acquires Advantage Label & Packaging, adding labels and labeling equipment to its industrial packaging offerings
UFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Packaging, LLC, has acquired Advantage Label & Packaging, Inc. (Advantage Label), a provider of labels and related equipment used in industrial packaging, for approximately $16...
Nov 22, 2021 04:05 pm ET
UFP Industries acquires controlling equity position in Ficus Pax, marking UFP’s first industrial presence in India
UFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Global Holdings Ltd., has acquired 70 percent of the equity in Ficus Pax Private Limited (Ficus Pax), a leading producer of industrial packaging in India, for approximately $13.5...
Nov 01, 2021 04:05 pm ET
UBEECO, a subsidiary of UFP Industries, purchases Boxpack, expanding its value-added corrugated packaging offerings in Australia
UFP Industries, Inc. (Nasdaq: UFPI) today announced that one of its wholly owned subsidiaries, The UBEECO Group, has acquired the assets of The Box Pack Trust, operating as Boxpack Packaging (Boxpack). This transaction adds a full complement of...
Oct 20, 2021 04:05 pm ET
UFP Industries Reports Record Third Quarter Results
UFP Industries, Inc. (Nasdaq: UFPI) today announced net sales of $2.1 billion for the third quarter of 2021, a 41 percent increase over the third quarter of 2020, and net earnings attributable to controlling interest of $121 million, a 57 percent...
Sep 27, 2021 04:05 pm ET
UFP Industries acquires Shelter Products, Inc., expanding its distribution capabilities within its factory-built business unit to the southern U.S.
UFP Industries (Nasdaq: UFPI) today announced that UFP Distribution, LLC, a wholly owned subsidiary of UFP Construction, LLC, acquired the operating assets of Shelter Products, Inc., in Haleyville, Alabama, for $6.5 million. Shelter Products...
Jul 22, 2021 04:05 pm ET
UFPI board approves quarterly dividend of $0.15 per share
The Board of Directors for UFP Industries, Inc. (Nasdaq: UFPI) approved a quarterly dividend payment of $0.15 per share at their July 21, 2021, meeting. The dividend is payable on September 15, 2021, to shareholders of record on September 1, 2021....
Jul 21, 2021 04:05 pm ET
UFP Industries Reports Record Second Quarter Results
UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales of $2.7 billion for the second quarter of 2021, a 117 percent increase over the second quarter of 2020, and record net earnings attributable to controlling interest of $173...
Apr 29, 2021 04:05 pm ET
UFP Industries acquires Endurable Building Products, expanding its offerings in the multifamily construction market
UFP Industries, Inc. (Nasdaq: UFPI) today announced that a wholly owned subsidiary of UFP Construction, LLC, has acquired the assets of Endurable Building Products, LLC. Based near Minneapolis, Minnesota, Endurable is a leading manufacturer of...
Apr 22, 2021 04:15 pm ET
UFPI board approves quarterly dividend of $0.15 per share
The Board of Directors for UFP Industries, Inc. (Nasdaq: UFPI) approved a quarterly dividend payment of $0.15 per share at their April 21, 2021, meeting. The dividend is payable on June 15, 2021, to shareholders of record on June 1, 2020. “As a...
Apr 21, 2021 04:05 pm ET
UFP Industries Reports All-time Quarterly Records
UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales of $1.83 billion for the first quarter of 2021, a 77 percent increase over the first quarter of 2020, and record net earnings attributable to controlling interest of $103 million,...
Apr 12, 2021 04:30 pm ET
Subsidiary of UFP Industries closes on purchase of Spartanburg Forest Products and its affiliates
UFP Industries, Inc. (Nasdaq: UFPI) today announced that its wholly owned subsidiary Sunbelt Forest Products Corporation closed on its agreement to purchase the net operating assets of Spartanburg Forest Products, Inc. and its affiliates. The...
Mar 31, 2021 04:50 pm ET
UFP Industries, Inc. Earnings Press Release and Conference Call
UFP Industries, Inc.Nasdaq: UFPIwww.ufpi.com Conference Call to Discuss Q1 2021 Hosted by:Matthew J. Missad, Chief Executive OfficerMichael Cole, Chief Financial Officer Press ReleaseWednesday, April 21, 2021 (after market) Conference...
Mar 29, 2021 04:05 pm ET
Handprint, a business unit of UFP Industries, announces agreement to purchase Walnut Hollow Farm
UFP Industries, Inc. (Nasdaq: UFPI) today announced that Handprint, the growing home and décor business unit of UFP Retail Solutions, has signed an agreement to purchase the operating assets of Walnut Hollow Farm, Inc. Pending customary closing...
Mar 23, 2021 07:30 pm ET
Sidoti Virtual Investor Conference
Presentation Times and Weblinks Released for Over 125 Presenting Companies
Mar 01, 2021 04:05 pm ET
UBEECO, a subsidiary of UFP Industries, purchases J.C. Gilmore Pty Ltd, expanding its industrial packaging offerings in Australia
UFP Industries, Inc. (Nasdaq: UFPI) today announced that one of its wholly owned subsidiaries, The UBEECO Group, has acquired the assets of J.C. Gilmore Pty Ltd (Gilmores). This transaction adds a wide portfolio of protective packaging to the...
Feb 24, 2021 04:05 pm ET
UFP Industries Reports Record Earnings for Fourth Quarter and Year
UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales and net earnings for the fourth quarter and fiscal year 2020. The company, while surpassing the $5 billion mark in annual net sales for the first time, also reported record EPS of...
Feb 22, 2021 04:15 pm ET
Subsidiary of UFP Industries announces agreement to acquire the net operating assets of Spartanburg Forest Products and its affiliates
UFP Industries, Inc. (Nasdaq: UFPI) today announced that one of its wholly owned subsidiaries, Sunbelt Forest Products Corporation, signed an agreement to purchase the net operating assets of Spartanburg Forest Products, Inc. and its affiliates....
Feb 17, 2021 03:07 pm ET
Date Change for Earnings Press Release and Conference Call
UFP Industries, Inc.Nasdaq: UFPIwww.ufpi.com Conference Call to Discuss Q4 2020 Hosted by:Matthew J. Missad, Chief Executive OfficerMichael Cole, Chief Financial Officer Press ReleaseWednesday, February 24, 2021 (after market) Conference...
Feb 02, 2021 02:13 pm ET
UFP Conference Call to Discuss Q4 2020
UFP Industries, Inc.Nasdaq: UFPIwww.ufpi.com Conference Call to Discuss Q4 2020 Hosted by:Matthew J. Missad, Chief Executive OfficerMichael Cole, Chief Financial Officer Press ReleaseWednesday, February 17, 2021 (after market)...
Feb 01, 2021 08:30 am ET
UFP Industries announces 20 percent increase in quarterly dividend
On January 28, 2021, the Board of Directors of UFP Industries, Inc. (Nasdaq: UFPI) approved a quarterly dividend payment of 15 cents a share, a 20 percent increase over the quarterly dividend of 12.5 cents a share paid in 2020. The dividend is...
Dec 28, 2020 04:05 pm ET
UFP Industries, Inc. closes on purchase of PalletOne, bolstering its position as the nation’s preferred supplier of industrial packaging and pressure-treated lumber
UFP Industries, Inc. (Nasdaq: UFPI) today announced that UFP Industrial, LLC, closed on its agreement to purchase 100 percent of the equity of PalletOne, Inc. for approximately $232 million. This price assumes a cash-free, debt-free balance sheet...
Dec 10, 2020 07:30 pm ET
Equus Announces Pending Sale of Its Interest in Palletone, Inc.
Equus Total Return, Inc. (NYSE: EQS) (“Equus” or the “Company”) today announced that the Board of Directors of UFP Industries, Inc. (Nasdaq: UFPI) has approved the purchase of 100% of the equity of PalletOne, Inc. for approximately $232 million....
Dec 10, 2020 04:05 pm ET
UFP Industries announces agreement to acquire PalletOne, further expanding industrial packaging capabilities in the U.S.
UFP Industries (Nasdaq: UFPI) today announced that its board of directors approved an agreement for UFP Industrial, LLC, to purchase 100 percent of the equity of PalletOne, Inc. for approximately $232 million. This price assumes a cash-free,...
Nov 16, 2020 09:25 am ET
UFP Industries expands construction capabilities with the acquisition of three New England companies
UFP Industries (Nasdaq: UFPI) today announced that affiliates of UFP Construction LLC acquired the assets of three companies: Atlantic Prefab, Inc.; Exterior Designs, LLC; and Patriot Building Systems, LLC. The companies, which had combined...
Nov 05, 2020 04:30 pm ET
UFP Industries makes equity investment in Italy, expanding international industrial packaging presence
UFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Global Holdings, has completed an equity investment in Enwrap Logistic & Packaging S.r.l. (Enwrap). Enwrap is a newly formed company dedicated to the logistics and packaging...
Oct 22, 2020 08:25 am ET
CORRECTING AND REPLACING - UFP Industries Reports Best Quarterly Results in the Company’s History
In the release titled, "UFP Industries Reports Best Quarterly Results in the Company’s History" issued yesterday, Wednesday, October 21, 2020, we were informed by the client UFP Industries, Inc. (Nasdaq: UFPI), the figure "more than $70 million" in...
Oct 21, 2020 06:04 pm ET
UFP Industries Reports Best Quarterly Results in the Company’s History
UFP Industries, Inc. (Nasdaq: UFPI) today announced record sales of $1.49 billion and net earnings attributable to controlling interest of $77.2 million for the third quarter ended September 26, 2020. The company also reported record EPS of $1.25...
Oct 01, 2020 04:05 pm ET
UFP Industries acquires Fire Retardant Chemical Technologies, bolstering its R&D efforts
UFP Industries (Nasdaq: UFPI) today announced that its UFP Retail Solutions business segment acquired the equity of Fire Retardant Chemical Technologies, LLC (FRCT). Founded in 2014 and based in Matthews, North Carolina, FRCT’s business includes a...
Sep 23, 2020 03:00 pm ET
Sidoti & Company Virtual Investor Conference
NEW YORK, NY / ACCESSWIRE / September 23, 2020 / Sidoti & Company, LLC has released the presentation schedule, with weblink click-throughs, for Thursday, September 24, 2020, the second day of its two-day Fall 2020 Virtual Investor Conference. For further information about the event, please see www.sidoticonference.com.
Sep 16, 2020 09:16 am ET
UFP Conference Call to Discuss Q3 2020
UFP Industries, Inc.Nasdaq: UFPIwww.ufpi.com Conference Call to Discuss Q3 2020 Hosted by:Matthew J. Missad, Chief Executive OfficerMichael Cole, Chief Financial Officer Press ReleaseWednesday, October 21, 2020 (after market) Conference...
Aug 11, 2020 04:10 pm ET
UFP Industries announces $150 million note issuance under an existing private shelf facility
UFP Industries, Inc. (Nasdaq: UFPI) today announced it has issued $150 million of unsecured notes under an existing private shelf facility with a lender, effective August 10, 2020. The notes were issued in the following tranches of $50 million...
Jul 22, 2020 04:11 pm ET
UFP Industries Reports Record Net Earnings for Second Quarter
UFP Industries, Inc. (Nasdaq: UFPI) today announced record net earnings attributable to controlling interest of $66.5 million for the second quarter of 2020, as well as record EPS of $1.08 per diluted share, a 23 percent increase over the same...
Jul 14, 2020 07:52 am ET
UFPI acquires T&R Lumber Company, expanding agricultural business
UFP Industries (Nasdaq: UFPI) today announced that one of its affiliates acquired the operating assets of T&R Lumber Company and its affiliates, Sullivan & Mann and Kelmar Creations. Based in Rancho Cucamonga, California, T&R manufactures and...
Jun 08, 2020 03:37 pm ET
UFP Industries to Participate in the Stifel 2020 Virtual Cross Sector Insight Conference
UFP Industries, Inc. (Nasdaq: UFPI) today announced that it will participate in the Stifel 2020 Virtual Cross Sector Insight Conference on Wednesday, June 10, 2020. Management is scheduled to present at 8:40 a.m. ET on Wednesday, June 10. A link to...
Jun 04, 2020 09:36 am ET
UFP Industries Reports Fire Damage at Ashburn, Georgia Facility
UFP Industries, Inc. (Nasdaq: UFPI) today announced that fire partially damaged its facility in Ashburn, Georgia, during the early morning hours of June 3, 2020. The fire has been extinguished and we are gratified to report there were no injuries....
Apr 22, 2020 04:41 pm ET
UFP Industries Reports Record Sales and Profits for First Quarter
UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales and net earnings for the first quarter of 2020, as well as record EPS of $0.65 per diluted share, a 12 percent increase over the same period of 2019. “Our team jumped out of the...
Mar 26, 2020 09:04 am ET
UFP Industries provides an update on the impact of Coronavirus (COVID-19)
Universal Forest Products, Inc. (n/k/a UFP Industries, Nasdaq: UFPI) today shared an update on the impact of COVID-19 on its business operations. “We are focused on the safety and well-being of our employees, vendors and customers during this...
Mar 16, 2020 08:40 am ET
UFPI acquires Quest Design & Fabrication and Quest Architectural Millwork, expanding commercial construction business
Universal Forest Products, Inc. (n/k/a UFP Industries, Nasdaq: UFPI) today announced that one of its affiliates acquired the operating assets of Quest Design & Fabrication and Quest Architectural Millwork, collectively known as Quest. Based near...
Feb 19, 2020 04:05 pm ET
UFP Industries Reports Record Profits for Fourth Quarter and Year
Universal Forest Products, Inc. (n/k/a UFP Industries)   (Nasdaq: UFPI), today announced record net sales and profits for the fourth quarter of 2019, as well as record EPS of $2.91 per diluted share for fiscal 2019 compared to $2.40 for fiscal...
Feb 03, 2020 01:26 pm ET
UFP Industries announces new dividend schedule and quarterly dividend
On January 30, 2020, the Board of Directors of UFP Industries (Nasdaq: UFPI), formerly Universal Forest Products, approved changing the frequency of its dividend payments from semi-annual to quarterly. The board also approved a quarterly cash...
Jan 13, 2020 04:18 pm ET
Benjamin McLean appointed to UFPI Board of Directors
UFP Industries (Nasdaq: UFPI), formerly known as Universal Forest Products, today announced that Benjamin McLean, CEO of Des Moines, Iowa-based Ruan Transportation Management Systems, Inc., was appointed to its Board of Directors, effective January...
Jan 02, 2020 02:05 pm ET
Universal Forest Products is now UFP Industries
Universal Forest Products, Inc. (NASDAQ: UFPI) today announced it has completed the reorganization of its operations and is now operating as UFP Industries, a change announced in August 2019. The name UFP Industries more accurately describes the...
Oct 24, 2019 04:05 pm ET
UFPI Board approves semiannual dividend of $0.20 per share
The Board of Directors for Universal Forest Products, Inc. (Nasdaq: UFPI), soon to be UFP Industries, Inc., approved a semiannual dividend payment of $0.20 per share at their October 23, 2019, meeting. The dividend is payable on December 15, 2019,...
Oct 23, 2019 04:05 pm ET
UFPI reports record third-quarter earnings
Universal Forest Products, Inc. (Nasdaq: UFPI), soon to be known as UFP Industries, Inc., today announced net sales of $1.16 billion and record net earnings attributable to controlling interests of $51.9 million, or 84 cents per diluted share, for...
Sep 16, 2019 04:05 pm ET
UFPI acquires Pallet USA, boosting industrial capacity and services in the Midwest
Universal Forest Products, Inc. (NASDAQ: UFPI) today announced that one of its affiliates has acquired Hartford, Wisconsin-based Pallet USA, LLC. The acquisition expands Universal’s industrial product capacity and services in the Midwest. Pallet...
Aug 14, 2019 07:30 am ET
UFPI acquires Northwest Painting, Inc. to supply siding and trim to Western states
Universal Forest Products, Inc. (NASDAQ: UFPI) today announced that one of its affiliates has acquired the operating assets of Northwest Painting, Inc. and its affiliates, doing business as Northwest Factory Finishes in Bonner, Montana, and as...
Aug 12, 2019 07:30 am ET
UFPI announces structure change to promote growth, effective Jan. 1, 2020
Universal Forest Products, Inc. (Nasdaq: UFPI) today announced a new organizational structure that is designed to position the Company for accelerated sales and profit growth in the coming years and provide more opportunity for its employees. As...
Jul 24, 2019 04:05 pm ET
UFPI reports record net earnings
Universal Forest Products, Inc. (Nasdaq: UFPI) today announced net sales of $1.24 billion and net earnings attributable to controlling interests of $54.5 million, or 88 cents per diluted share, for the quarter ended June 29, 2019. Net earnings were...
Jun 04, 2019 12:04 pm ET
Conference Call to Discuss Q2 2019
Universal Forest Products®Nasdaq: UFPIwww.ufpi.com Conference Call to Discuss Q2 2019 Hosted by:Matthew J. Missad, Chief Executive OfficerMichael Cole, Chief Financial Officer  Press ReleaseWednesday, July 24, 2019 (after market)...
May 01, 2019 03:38 pm ET
UFPI closes on acquisition of Wolverine Wood Products
Universal Forest Products, Inc. (NASDAQ: UFPI) today announced that one of its affiliates closed on the purchase of the operating assets of Wolverine Wood Products, a Grand Rapids, Mich.-based manufacturer of wood panel components for furniture,...
Apr 24, 2019 04:15 pm ET
UFPI reports record first-quarter sales, net earnings and EBITDA
Universal Forest Products, Inc. (Nasdaq: UFPI) today announced record net sales, net earnings and EBITDA for the first quarter of 2019. The company also announced the UFPI Board of Directors voted to increase the semiannual dividend from $0.18 to...
Mar 12, 2019 02:00 pm ET
UFPI to participate in Seaport Global Securities Transports & Industrials Conference
Universal Forest Products, Inc. (NASDAQ: UFPI) today announced that CEO Matt Missad and Director of Finance Brandon Froysland will be participating in the Seaport Global Securities Transports & Industrials Conference in Coral Gables, Florida, on...
Feb 20, 2019 04:15 pm ET
UFPI Reports Record Fourth Quarter Sales and Operating Profits
Universal Forest Products, Inc. (Nasdaq: UFPI) today announced record net sales for the fourth quarter of 2018, and record net sales and net earnings for fiscal 2018.  EBITDA for the fourth quarter and full year were also records, up more than 11...
Feb 18, 2019 04:15 pm ET
UFPI signs agreement to acquire Wolverine Wood Products
Universal Forest Products, Inc. (NASDAQ: UFPI) today announced that one of its affiliates has signed an agreement to purchase the operating assets of Wolverine Wood Products, Inc. Founded in 2008 in Grand Rapids, Michigan, by Mike and Bernadette...
Feb 11, 2019 08:00 am ET
Consolidated Research: 2019 Summary Expectations for NVIDIA, Monster Beverage, Universal Forest Products, TrueCar, Career Education, and Dynex Capital — Fundamental Analysis, Key Performance Indicatio
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of NVIDIA Corporation (NASDAQ:NVDA), Monster Beverage Corporation...
Feb 01, 2019 09:50 am ET
Conference Call to Discuss Q4 2018
Universal Forest Products®Nasdaq: UFPIwww.ufpi.com Conference Call to Discuss Q4 2018 Hosted by:Matthew J. Missad, Chief Executive OfficerMichael Cole, Chief Financial Officer Press ReleaseWednesday, February 20, 2019 (after market)...
Jan 02, 2019 09:00 am ET
Priority Health President Joan Budden appointed to UFPI Board of Directors
Universal Forest Products, Inc. (Nasdaq: UFPI) today announced that Joan Budden, president of Grand Rapids, Mich.-based Priority Health, was appointed to its Board of Directors, effective January 1, 2019. Budden joins the board with 30 years of...
Nov 29, 2018 08:25 am ET
Investor Expectations to Drive Momentum within Netflix, Werner Enterprises, Universal Forest Products, Sonic, Tenaris S.A, and World Acceptance — Discovering Underlying Factors of Influence
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Netflix, Inc. (NASDAQ:NFLX), Werner Enterprises, Inc. (NASDAQ:WERN),...
Nov 02, 2018 02:43 pm ET
UFPI announces expanded $375 million unsecured credit facility
Universal Forest Products, Inc. (Nasdaq: UFPI) today announced the Company has entered into a five-year, $375 million unsecured revolving credit facility with a syndicate of U.S. and Canadian banks led by JPMorgan Chase Bank, N.A., as...
Nov 01, 2018 10:18 am ET
Fiber Cement Building Products Manufacturer Allura Selects UFPI as New Distributor in Southern California/Arizona Markets
HOUSTON, Nov. 1, 2018 /PRNewswire/ -- Due to an increase in demand for its siding and trim products, Allura is adding two affiliates of Universal Forest Products, Inc. – UFP Chandler, LLC in Arizona and UFP Riverside, LLC in Southern California -- to its growing distribution network.
Oct 24, 2018 04:05 pm ET
UFPI affiliate purchases Milwaukee-based supplier of custom packaging, Pak-Rite, Ltd.
Universal Forest Products, Inc. (NASDAQ: UFPI) announced that one of its subsidiaries closed on the purchase of substantially all of the operating assets of Pak-Rite, Ltd., a Milwaukee, Wis.-based packaging design and manufacturing firm, on Oct....
Oct 22, 2018 09:20 am ET
Recent Analysis Shows National Presto Industries, Universal Forest Products, Coherent, Biglari, Urstadt Biddle Properties, and Zillow Group Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of National Presto Industries, Inc. (NYSE:NPK), Universal Forest Products,...
Oct 17, 2018 04:05 pm ET
UFPI board approves semiannual dividend of $0.18 per share
The Universal Forest Products, Inc. (Nasdaq: UFPI) Board of Directors approved a semiannual dividend payment of $0.18 per share at their October 16, 2018, meeting. The dividend is payable on December 15, 2018, to shareholders of record on December...
Oct 16, 2018 04:05 pm ET
UFPI posts record third-quarter earnings and sales
Universal Forest Products, Inc. (Nasdaq: UFPI) today reported record financial results for the third quarter ended September 29, 2018, the thirteenth consecutive quarter in which the company has reported records in both net sales and net earnings....
Sep 27, 2018 10:22 am ET
Conference Call to Discuss Q3 2018
Universal Forest Products®Nasdaq: UFPIwww.ufpi.com Conference Call to Discuss Q3 2018 Hosted by:Matthew J. Missad, Chief Executive OfficerMichael Cole, Chief Financial Officer Press ReleaseTuesday, October 16, 2018 (after market)...
Jul 18, 2018 04:05 pm ET
UFPI posts record second-quarter earnings and sales
Universal Forest Products, Inc. (Nasdaq:UFPI) today reported record financial results for the second quarter ended June 30, 2018, the twelfth consecutive quarter in which the company has reported records in both net sales and net earnings. “The...
Jun 18, 2018 09:15 am ET
New Website Launched for UFP Business School
A new website for UFP Business School features students from the school’s first class who will be graduating in August 2018 and taking jobs with Universal Forest Products operations across North America. Visitors to www.UFPBusinessSchool.com will...
Jun 04, 2018 07:45 am ET
UFPI closes on acquisition of North American Container Corporation; Company is also among the biggest climbers on this year’s Fortune 1000 list, at #610
Universal Forest Products, Inc. (NASDAQ: UFPI) today announced that one of its subsidiaries has closed on the purchase of the operating assets of North American Container Corp. (NACC), a Marietta, Ga.-based manufacturer of structural packaging...
May 23, 2018 07:50 am ET
Detailed Research: Economic Perspectives on McGrath RentCorp, Universal Forest Products, Venator Materials, Armada Hoffler Properties, Atlantic Coast Financial, and Apollo Endosurgery — What Drives Gr
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of McGrath RentCorp (NASDAQ:MGRC), Universal Forest Products, Inc....
Apr 19, 2018 04:05 pm ET
UFPI Board Approves Increased Semiannual Dividend
GRAND RAPIDS, Mich., April 19, 2018 (GLOBE NEWSWIRE) -- The Universal Forest Products, Inc. (Nasdaq:UFPI) Board of Directors approved a 6 percent increase in the semiannual cash dividend to $0.18 per share at their April 18, 2018 meeting....
Apr 18, 2018 04:05 pm ET
UFPI posts record first-quarter earnings and sales
GRAND RAPIDS, Mich., April 18, 2018 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq:UFPI) today reported record financial results for the first quarter ended March 31, 2018, the eleventh consecutive quarter in which the company has reported records...
Mar 30, 2018 08:20 am ET
Market Trends Toward New Normal in Children's Place, Atlantic Coast Financial, Data I/O, Universal Forest Products, Exponent, and Tootsie Roll Industries — Emerging Consolidated Expectations, Analyst
NEW YORK, March 30, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Children's Place, Inc. (NASDAQ:PLCE), Atlantic Coast...
Mar 27, 2018 04:05 pm ET
UFPI signs agreement to acquire certain assets of North American Container Corporation
GRAND RAPIDS, Mich., March 27, 2018 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (NASDAQ:UFPI) today announced that one of its subsidiaries has signed an agreement to purchase substantially all of the operating assets of North American Container Corp....
Feb 23, 2018 06:45 am ET
Universal Forest Products, Inc. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 23, 2018 / Universal Forest Products, Inc. (NASDAQ: UFPI) will be discussing their earnings results in their Q4 Earnings Call to be held on February 23, 2018 at 8:30 AM Eastern Time.
Feb 22, 2018 04:05 pm ET
UFPI Reports Record Fourth Quarter and Annual Results
- Q4 Earnings Up 50 percent; Tax Rate Reduction Adds to Earnings -
Jan 29, 2018 08:10 am ET
New Research Coverage Highlights Zillow Group, WGL, Universal Forest Products, Capital Trust, L-3 Communications, and Federated Investors — Consolidated Revenues, Company Growth, and Expectations for
NEW YORK, Jan. 29, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Zillow Group, Inc. (NASDAQ:ZG), WGL Holdings...
Jan 22, 2018 04:30 pm ET
UFPI sells property in Medley, Fla., to developer for more efficient operations, use of capital
Redeployed assets and new South Florida facility will enhance logistics, efficiencies in the region
Jan 03, 2018 04:00 pm ET
UFP-Edge™ expands with colorful Charred Wood shiplap and boards
GRAND RAPIDS, Mich., Jan. 03, 2018 (GLOBE NEWSWIRE) -- It’s now easy to get the stunning look of Charred Wood. UFP-Edge™, a brand of Universal Forest Products, Inc. (Nasdaq:UFPI), has expanded its line of Charred Wood with seven...
Oct 17, 2017 04:05 pm ET
UFPI posts record third quarter results
GRAND RAPIDS, Mich., Oct. 17, 2017 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq:UFPI) today reported record financial results for the third quarter ended September 30, 2017....
Jul 18, 2017 04:15 pm ET
UFPI posts record second quarter results
GRAND RAPIDS, Mich., July 18, 2017 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq:UFPI) today reported financial results for the second quarter ended July 1, 2017....
Apr 18, 2017 04:05 pm ET
UFPI posts record first-quarter earnings and sales
GRAND RAPIDS, Mich., April 18, 2017 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq:UFPI) today reported financial results for the first quarter ended April 1, 2017....
Feb 22, 2017 04:06 pm ET
UFP Reports Record Fourth Quarter and Annual Results
GRAND RAPIDS, Mich., Feb. 22, 2017 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq:UFPI) today announced record results in 2016, including record fourth-quarter net earnings attributable to controlling interest of $20.8 million, or $1.02 per diluted share, 9.8 percent higher than the fourth quarter of 2015. The Company also posted record annual net earnings attributable to controlling interest of $101.2 million, or $4.96 per diluted share, representing a 25.5 percent increase over 2015 annual net earnings attributable to controlling interest of $80.6 million, or $3.99 per dil...
Dec 05, 2016 08:00 am ET
UFPI acquires second Australian packaging company
GRAND RAPIDS, Mich., Dec. 05, 2016 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (NASDAQ:UFPI) today announced that one of its subsidiaries has acquired all outstanding shares of The UBEECO Group Pty. Ltd., a manufacturer of wood packaging based in Erskine Park, Australia, a suburb of Sydney....
Oct 19, 2016 04:44 pm ET
UFPI announces increase in semi-annual dividend payment
GRAND RAPIDS, Mich., Oct. 19, 2016 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq:UFPI) today announced a seven percent increase to its semiannual dividend payment, to $0.45 per share, payable on December 15, 2016, to shareholders of record on December 1, 2016. The dividend payment was approved by the UFPI Board of Directors on October 18, 2016.  This is the 33rd year the Company has paid a dividend....
Oct 18, 2016 05:24 pm ET
UFPI Reports Q3 Record Results: Net Earnings of $27.8 Million; Net Sales of $826.7 Million
GRAND RAPIDS, Mich., Oct. 18, 2016 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq:UFPI) today announced recording-breaking 2016 third-quarter results, including net earnings attributable to controlling interests of $27.8 million, an increase of 8.9 percent over the same period of 2015. Year-to-date net earnings attributable to controlling interests were $80.4 million, up 30 percent over 2015. Earnings per diluted share were $1.36 in the third quarter of 2016, up from $1.26 in the third quarter of 2015. Net sales of $826.7 million – also a record for the third quarter – were up...
Sep 01, 2016 09:00 am ET
UFPI to buy idX Corp., leading international provider of custom merchandising solutions
GRAND RAPIDS, Mich., Sept. 01, 2016 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (NASDAQ:UFPI) today announced that it has signed a definitive agreement to purchase idX Corp., an international provider of highly customized merchandising solutions. Under terms of the agreement, UFPI will acquire all outstanding shares of stock of the holding company, idX Holdings, Inc. The move opens new doors to Universal for growth in adjacent markets and with new products, and offers idX access to enhanced capacity and to new customers and markets. The transaction is expected to close by the end o...
Aug 17, 2016 08:24 am ET
Michael Mordell Appointed Executive Vice President of International Operations at UFPI
GRAND RAPIDS, Mich., Aug. 17, 2016 (GLOBE NEWSWIRE) -- Michael Mordell, a senior executive of Universal Forest Products, Inc. (Nasdaq:UFPI), has been appointed to the position of Executive Vice President of International Operations to lead the Company’s new international division, UFP Global Holdings, Ltd.,  based in the United Kingdom....
Jul 20, 2016 04:05 pm ET
UFPI posts record net earnings, net sales; retail and construction markets lead sales gains
GRAND RAPIDS, Mich., July 20, 2016 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq:UFPI) today reported net earnings attributable to controlling interest of $33.4 million for the second quarter of 2016, up 28.6 percent over net earnings attributable to controlling interest of $26.0 million for the same period of 2015. Second-quarter 2016 diluted earnings per share were $1.64, compared to diluted earnings per share of $1.28 for the second quarter of 2015. Net sales of $872.1 million in the second quarter of 2016 represent an increase of 4.0 percent over net sales of $838.2 for t...
Jun 29, 2016 05:05 pm ET
Forbes names Universal Forest Products (UFPI) the Best Performing Company in Michigan
GRAND RAPIDS, Mich., June 29, 2016 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq:UFPI) has been named by Forbes magazine as the best performing company in Michigan, based on total returns.  For the rating, Forbes tracked every publicly traded company, selecting the top performer in each of the 50 U.S. states by evaluating their returns from June 8, 2015, to June 8, 2016 (with the exception of companies that did not trade for the entire period).  Universal had a total rate of return of 65.6 percent....
Jun 21, 2016 08:37 am ET
UFPI set to acquire Idaho distributor serving manufactured housing/RV/retail industries
GRAND RAPIDS, Mich., June 21, 2016 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (NASDAQ:UFPI) today announced that one of its subsidiaries has an agreement to acquire Idaho Western, Inc., a Nampa, Idaho-based distributor of products for building materials retailers and the manufactured housing and recreational vehicle industries....
Jun 14, 2016 08:50 am ET
UFPI signs LOI to acquire certain assets of treated wood company Robbins Manufacturing
GRAND RAPIDS, Mich., June 14, 2016 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (NASDAQ:UFPI) today announced that one of its subsidiaries has signed a letter of intent to purchase certain assets of Robbins Manufacturing Co., a Tampa, Fla.-based manufacturer of treated wood products with facilities in Florida, Georgia and North Carolina....
May 10, 2016 03:30 pm ET
Belknap Hill Teams Up with Cabela’s to Sell Select Games on Cabelas.com and In-Catalog
GRAND RAPIDS, Mich., May 10, 2016 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq:UFPI) is pleased to announce that Belknap Hill Trading Post’sTM Giant Yard Dice, Dominoes, Tic-Tac-Toe and Word Tussle are now being sold on Cabelas.com and through Cabela’s catalogs. This allows Belknap Hill to introduce its line of giant yard toys and outdoor party games to more families and outdoor recreation enthusiasts....
May 04, 2016 09:14 am ET
UPDATE -- Outdoor Essentials® announces new look and expanded product line
GRAND RAPIDS, Mich., May 04, 2016 (GLOBE NEWSWIRE) -- Outdoor Essentials, a brand of the Universal Forest Products, Inc. (Nasdaq:UFPI) family of companies, announced a new brand look and expanded product offering focused on helping homeowners realize the potential of their outdoor space. New product categories include pergolas, wood fencing, picnic tables and mailbox posts, along with additions to their lawn and garden line....
May 03, 2016 03:36 pm ET
Outdoor Essentials announces new look and expanded product line
GRAND RAPIDS, Mich., May 03, 2016 (GLOBE NEWSWIRE) -- Outdoor Essentials, a brand of the Universal Forest Products, Inc. (Nasdaq: UFPI) family of companies, announced a new brand look and expanded product offering focused on helping homeowners realize the potential of their outdoor space. New product categories include pergolas, wood fencing, picnic tables and mailbox posts, along with additions to its lawn and garden line....

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