News Releases

December 28, 2020 at 4:05 PM EST

Summary Toggle UFP Industries, Inc. closes on purchase of PalletOne, bolstering its position as the nation’s preferred supplier of industrial packaging and pressure-treated lumber

GRAND RAPIDS, Mich. , Dec. 28, 2020 (GLOBE NEWSWIRE) -- UFP Industries, Inc. (Nasdaq: UFPI) today announced that UFP Industrial, LLC , closed on its agreement to purchase 100 percent of the equity of PalletOne, Inc. for approximately $232 million . This price assumes a cash-free, debt-free balance
December 10, 2020 at 4:05 PM EST

Summary Toggle UFP Industries announces agreement to acquire PalletOne, further expanding industrial packaging capabilities in the U.S.

GRAND RAPIDS, Mich. , Dec. 10, 2020 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that its board of directors approved an agreement for UFP Industrial, LLC , to purchase 100 percent of the equity of PalletOne, Inc. for approximately $232 million .
November 16, 2020 at 9:25 AM EST

Summary Toggle UFP Industries expands construction capabilities with the acquisition of three New England companies

GRAND RAPIDS, Mich. , Nov. 16, 2020 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that affiliates of UFP Construction LLC acquired the assets of three companies: Atlantic Prefab, Inc. ; Exterior Designs, LLC ; and Patriot Building Systems, LLC .
November 5, 2020 at 4:30 PM EST

Summary Toggle UFP Industries makes equity investment in Italy, expanding international industrial packaging presence

GRAND RAPIDS, Mich. , Nov. 05, 2020 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Global Holdings , has completed an equity investment in Enwrap Logistic & Packaging S.r.l. (Enwrap). Enwrap is a newly formed company dedicated to the logistics and
October 22, 2020 at 8:25 AM EDT

Summary Toggle CORRECTING AND REPLACING - UFP Industries Reports Best Quarterly Results in the Company’s History

Third Quarter Net Sales up 28 percent, Diluted EPS up 49 percent, EBITDA up 40 percent GRAND RAPIDS, Mich. , Oct. 22, 2020 (GLOBE NEWSWIRE) -- In the release titled, "UFP Industries Reports Best Quarterly Results in the Company’s History" issued yesterday, Wednesday, October 21, 2020 , we were
October 1, 2020 at 4:05 PM EDT

Summary Toggle UFP Industries acquires Fire Retardant Chemical Technologies, bolstering its R&D efforts

GRAND RAPIDS, Mich. , Oct. 01, 2020 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that its UFP Retail Solutions business segment acquired the equity of Fire Retardant Chemical Technologies, LLC (FRCT). Founded in 2014 and based in Matthews, North Carolina , FRCT’s business
September 16, 2020 at 9:16 AM EDT

Summary Toggle UFP Conference Call to Discuss Q3 2020

GRAND RAPIDS, Mich., Sept. 16, 2020 (GLOBE NEWSWIRE) -- UFP Industries, Inc. Nasdaq: UFPI www.ufpi.com Conference Call to Discuss Q3 2020 Hosted by: Matthew J. Missad , Chief Executive Officer Michael Cole , Chief Financial Officer Press Release Wednesday, October 21, 2020 (after market)
August 11, 2020 at 4:10 PM EDT

Summary Toggle UFP Industries announces $150 million note issuance under an existing private shelf facility

GRAND RAPIDS, Mich. , Aug. 11, 2020 (GLOBE NEWSWIRE) -- UFP Industries, Inc. (Nasdaq: UFPI) today announced it has issued $150 million of unsecured notes under an existing private shelf facility with a lender, effective August 10, 2020 . The notes were issued in the following tranches of $50
July 22, 2020 at 4:11 PM EDT

Summary Toggle UFP Industries Reports Record Net Earnings for Second Quarter

Diluted EPS up 23 percent, EBITDA up 22 percent GRAND RAPIDS, Mich. , July 22, 2020 (GLOBE NEWSWIRE) -- UFP Industries, Inc. (Nasdaq: UFPI) today announced record net earnings attributable to controlling interest of $66.5 million for the second quarter of 2020, as well as record EPS of $1.08 per
July 14, 2020 at 7:52 AM EDT

Summary Toggle UFPI acquires T&R Lumber Company, expanding agricultural business

GRAND RAPIDS, Mich. , July 14, 2020 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that one of its affiliates acquired the operating assets of T&R Lumber Company and its affiliates, Sullivan & Mann and Kelmar Creations. Based in Rancho Cucamonga, California , T&R manufactures and