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UFP Industries

From Wikipedia, the free encyclopedia
UFP Industries, Inc.
FormerlyUniversal Forest Products, Inc.
Company typePublic
IndustryWood and wood-alternative products
Flooring Systems
Trusses
Joists
Wall Panels
Pressure-treated lumber
Engineered wood products
Founded1955; 69 years ago (1955)
HeadquartersGrand Rapids, Michigan, U.S.
Number of locations
219 Facilities
Key people
  • William Currie (Chairman)
  • Matt Missad (CEO)
  • William Schwartz (President of Retail Solutions)
  • Patrick Webster (president & COO (retired))
ProductsTrim and moulding
Lumber and panels
Decking, railings, accessories
Fencing
Manufactured housing products
Industrial packaging
Lawn and garden accessories
RevenueIncrease US$8.6 billion (2021)
Number of employees
15,000 (December 2021)
Websiteufpi.com

UFP Industries, Inc. was founded in Michigan in 1955 as a supplier of lumber to the manufactured housing industry. Today UFP Industries is a multibillion-dollar holding company with subsidiaries around the globe that serve three markets: retail, industrial and construction. The company has been publicly traded (Nasdaq: UFPI) since 1993 and is headquartered in Grand Rapids, Michigan. In 2021, the company had over 200 locations in eight countries with 15,000+ employees and sales of $8.6 billion.

The company is listed in the Fortune 1000 list of America's largest corporations as of 2022,[1] and in the 2005 Forbes magazine's Platinum 400 ranking of the best-performing U.S. companies with annual revenue of more than $8 billion,[2]

UFP Industries has 218 affiliated operations, which supply tens of thousands of products to three markets: UFP Retail, UFP Construction, and UFP Packaging.

References

[edit]
  1. ^ "UFP Industres". Fortune. Retrieved 2021-01-28.[dead link]
  2. ^ "UFP Industries (UFPI)". Forbes.
[edit]
  • Official website
  • Business data for UFP Industries, Inc.:
  • UFPI on Funding Universe
  • NY Times article