UFPI Announces Acquisition of Texas-based Bigs Packaging and Lumber
—Expands industrial business in
Founded in 2011, Bigs quickly grew its business and reputation, and has
been a strong player in the industrial business in
“Bryan knows how to create success, market products and lead an
outstanding team. We are excited to see his team continue their growth
and expand the industrial business, which is one of our key strategic
goals,” said Universal CEO
In addition to Bigham,
Bigham said, “It’s an honor that a corporation as strong as Universal values our company and people enough to join forces. I know Universal well and I know we’re going to do great things together. We’re anxious to help grow the industrial business, which presents so much opportunity.”
This press release contains forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act, as amended, that
are based on management’s beliefs, assumptions, current expectations,
estimates and projections about the markets we serve, the economy and
the Company itself. Words like “anticipates,” “believes,” “confident,”
“estimates,” “expects,” “forecasts,” “likely,” “plans,” “projects,”
“should,” variations of such words, and similar expressions identify
such forward-looking statements. These statements do not guarantee
future performance and involve certain risks, uncertainties and
assumptions that are difficult to predict with regard to timing, extent,
likelihood and degree of occurrence. The Company does not undertake to
update forward-looking statements to reflect facts, circumstances,
events, or assumptions that occur after the date the forward-looking
statements are made. Actual results could differ materially from those
included in such forward-looking statements. Investors are cautioned
that all forward-looking statements involve risks and uncertainty. Among
the factors that could cause actual results to differ materially from
forward-looking statements are the following: fluctuations in the price
of lumber; adverse or unusual weather conditions; adverse economic
conditions in the markets we serve; government regulations, particularly
involving environmental and safety regulations; and our ability to make
successful business acquisitions. Certain of these risk factors as well
as other risk factors and additional information are included in the
Company's reports on Form 10-K and 10-Q on file with the
Source:
Universal Forest Products, Inc.
Lynn Afendoulis
Director,
Corporate Communications
(616) 365-1502