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Ufpi

@ufpi.com

Universal Forest Products is a holding company that provides capital, management and administrative resources.

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UFP Industries, formerly known as Universal Forest Products, is a leading supplier and manufacturer of wood and other building products. Headquartered in Grand Rapids, Michigan, United States, the company was founded in 1955 by Gordon Isaac. Initially, it focused on manufacturing lumber and other wood products for the retail market.


Today, UFP Industries operates through various business segments, including Retail, Construction, Industrial, and International. The company offers a wide range of products, such as lumber, decking, fencing, packaging, concrete forming, siding, and various specialty products. With a diverse customer base, including retail, industrial, and commercial markets, UFP Industries caters to customers across North America, Mexico, and other international markets.


The company has a global presence through its subsidiaries, joint ventures, and partnerships. Notable subsidiaries include UFP Allen LLC, UFP Briscoe LLC, and UFP Decatur LLC. UFP Industries also partners with other companies to enhance its product offerings and expand into new markets.


UFP Industries holds a strong market position in the wood and building products industry. With over 170 facilities across North America and a workforce of approximately 16,000 employees, the company generated revenues of $4. 5 billion in 2020.


The company's commitment to innovation, quality, and customer service has helped it maintain a competitive edge in the market. Over the years, UFP Industries has experienced various changes and achievements. In 2019, the company rebranded itself as UFP Industries to reflect its diverse product offerings beyond just wood products.


This strategic move allowed the company to position itself as a comprehensive supplier of multiple building products. In terms of the company's current status, UFP Industries continues to expand its operations and strengthen its market presence. The latest updates include the acquisition of certain assets of PalletOne, a leading manufacturer of new pallets, and the establishment of a joint venture with Stora Enso, a renewable materials company, to manufacture wood-based building materials.


In conclusion, UFP Industries is a well-established company with a global presence in the wood and building products industry. Its comprehensive product offerings, strategic partnerships, and commitment to excellence have enabled it to maintain a strong market position. The company continues to grow, innovate, and adapt to changing market demands, ensuring its continued success in the industry

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