Universal Forest Products

#2192

Rank

$7.04B

Marketcap

United States

Country

Leadership team

Mr. Patrick M. Webster (Pres & COO)

Mr. Matthew Jon Missad CPA, CPA (CEO & Director)

Mr. Michael Richard Cole CMA, CPA (CFO & Treasurer)

Products/ Services

Wood Processing

Number of Employees

1,000 - 20,000

Headquarters

Grand Rapids, Michigan, United States

Established

1955

Company Registration

SEC CIK number: 0000912767

Net Income

500M - 1B

Revenue

Above - 1B

Traded as

UFPI

Social Media

URL

https://www.ufpi.com

Overview

Location

Recognition and Award

References

Summary

UFP Industries, Inc., through its subsidiaries, designs, manufactures, and markets wood and wood-alternative products in North America, Europe, Asia, and Australia. It operates through Retail, Industrial, and Construction segments. The Retail segment offers preserved and unpreserved dimensional lumber; and outdoor living products, including wood and wood composite decking and related accessories, decorative lawn, garden, craft, and hobby products. This segment serves national home center retailers, and retail-oriented regional and contractor-oriented lumberyards under the ProWood, ProWood FR, Deckorators, UFP-Edge, Outdoor Essentials, Dimensions, and Handprint trademarks. The Industrial segment provides pallets, specialty crates, wooden boxes, and other containers and products that are used for packaging, shipping, and material handling applications, as well as various other protective packaging applications. The construction segment offers roof trusses, cut and shaped lumbers, plywood, oriented strand boards, and dimensional lumbers; and engineered wood components, including roof and floor trusses, wall panels, I-joists, and lumber packages, as well as distributes siding, electrical, and plumbing products to factory-built housing and recreational vehicle customers. This segment also engages in the manufacture of components; design, manufacture, and supply of wood forms and related products to set or form concrete for structures, such as parking garages, stadiums, and bridges, as well as provides farming services for builders. It also offers interior fixtures, millwork, and casework for retail, commercial, and other structures; and structural wood packaging, other packing materials, and original equipment manufacturer components for various industries. The company was formerly known as Universal Forest Products, Inc. and changed its name to UFP Industries, Inc. in April 2020. UFP Industries, Inc. was founded in 1955 and is headquartered in Grand Rapids, Michigan.

History

Universal Forest Products, Inc was founded in 1955 and is headquartered in Grand Rapids, Michigan. It started out as a wholesale distributor of lumber and plywood and has since evolved into a diversified company that provides engineered wood products, specialty wood packaging, and much more.

Mission

WE BUILD STRUCTURES, PRODUCTS AND DREAMS. AND A LOT OF OPPORTUNITY ALONG THE WAY.

Vision

Universal Forest Products' vision is to be the most respected and successful building products company in the world!

Key Team

Mr. Patrick M. Benton (Pres of UFP Construction LLC)

Mr. Scott A. Worthington (Pres of UFP Industrial LLC)

Mr. Scott T. Bravata (VP of Accounting & Admin.)

Dick Gauthier (VP of Communications & Investor Relations)

Mr. David A. Tutas (Chief Compliance Officer, Gen. Counsel & Sec.)

Mr. Donald L. James (Exec. VP of National Sales)

Mr. Robert D. Coleman (Exec. VP of Manufacturing)

Recognition and Awards

Universal Forest Products has earned various prestigious awards during its long-standing career. It is the only forest products company named to Fast Company's Best Companies for Leaders list. Other awards acquired by UFP include World’s Most Ethical Companies by Ethisphere Institute, 50 Best Michigan Companies to Work For by Fortune Magazine, and Top 20 Best Companies to Work for in Michigan by 24/7 Wall St.