UFP Industries Inc - Company Profile
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UFP Industries Inc (UFP Industries) carries out design, manufacture, and supply of products made from wood, wood and non-wood composites, and other materials. Its major products include pressure-treated lumber, composite decking, and custom packaging solutions. The company offers its products under brands such as ProWood, Deckorators, and UFP-Edge. UFP Industries serves a diverse range of customers across the retail, packaging, and construction industries, providing solutions for building materials, durable goods, and commercial construction. It collaborates with retailers such as The Home Depot and Lowe's for distribution. The company operates in various geographic locations, including the US, Mexico, Canada, Spain, India, the UAE, and Australia, targeting both domestic and international markets. UFP Industries is headquartered in Grand Rapids, Michigan, the US.
Headquarters
United States of America
Address
2801 East Beltline Ne, Grand Rapids, Michigan, 49525
Website
www.ufpi.com
Telephone
1 616 3646161
No of Employees
13,800
Industry
Construction
Ticker Symbol & Exchange
UFPI (NASD)
Revenue (2024)
$6.3B
-5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-28.9%
(2024 vs 2023)
Market Cap*
$5.2B
Net Profit Margin (2024)
XYZ
-25.2%
(2024 vs 2023)
* As of and is in US$
UFP Industries Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Wall Panels | UFP-Edge |
| Treated Lumber | ProWood |
| Pallets | Deckorators |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Asset Purchase | In May, the company acquired the operating assets of John Rock, Inc., a new pallet manufacturer for US$48 million. |
| 2026 | Acquisitions/Mergers/Takeovers | In April, the company acquired MoistureShield Inc from Oldcastle APG. |
| 2026 | Contracts/Agreements | In April, the company entered into an agreement to acquire the operating assets, including real estate, of Berry Pallets, Inc., a pallet manufacturer in Waseca, Minnesota, the US, for US$20 million. |
Competitor Comparison
| Key Parameters | UFP Industries Inc | Builders FirstSource Inc | Masco Corp | Sonoco Products Co | Greif Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Grand Rapids | Irving | Livonia | Hartsville | Delaware |
| State/Province | Michigan | Texas | Michigan | South Carolina | Ohio |
| No. of Employees | 13,800 | 28,000 | 18,000 | 22,000 | 12,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Matthew J. Missad | Chairman | Executive Board | 2023 | 65 |
| William (Will) D. Schwartz, Jr. | President; Chief Executive Officer | Senior Management | 1998 | 48 |
| Landon Tarvin | President - UFP Retail Solutions | Senior Management | 2024 | 45 |
| Scott A. Worthington | President - UFP Packaging | Senior Management | 2020 | 55 |
| Patrick M. Benton | Executive Vice President - Operations Integration | Senior Management | 2026 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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