UFP Industries explained

UFP Industries, Inc.
Former Name:Universal Forest Products, Inc.
Type:Private
Key People:William Currie (chairman)
Matt Missad (CEO)
Patrick Webster (president & COO)
Num Employees:15,000 (December 2021)
Industry:Wood and wood-alternative products
Flooring Systems
Trusses
Joists
Wall Panels
Pressure-treated lumber
Engineered wood products
Products:Trim and moulding
Lumber and panels
Decking, railings, accessories
Fencing
Manufactured housing products
Industrial packaging
Lawn and garden accessories
Revenue: (2021)

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.

External links

Notes and References

  1. Web site: UFP Industres. Fortune. 2021-01-28.
  2. Web site: UFP Industries (UFPI). Forbes.