Release Details

Universal Forest Products Enters Northern California Truss Market

September 10, 2002
GRAND RAPIDS, Mich., Sep 10, 2002 /PRNewswire-FirstCall via COMTEX/ -- Universal Forest Products, Inc. (Nasdaq: UFPI) announced that a subsidiary has acquired certain assets of TopLine Building Products, a manufacturer of roof and floor trusses for site-built construction, located in Modesto, California. This facility will have annual sales capacity in excess of $20 million, most of which is targeted for new business. The facility will operate under the name Universal Forest Products of Modesto, LLC.

"The acquisition of these assets enables Universal to enter the Northern California market and strengthen its position as the nation's largest supplier of engineered wood components for site-built construction," said William G. Currie, UFPI's chief executive officer. "This new facility will allow us to more economically reach the Bay Area, as well as the fast-growing greater Sacramento market. It provides a terrific geographic fit for our strategy to be the nationwide supplier of choice.

"In addition to roof and floor trusses, we will expand sales by including engineered wood products like I-joists and UFPI's Open Joist floor system," Currie added.

Universal Forest Products markets, manufactures, and engineers products for D-I-Y retail home centers, structural lumber products for the manufactured housing industry, engineered wood components for the site-built construction market and specialty wood packaging for various industries. For information about Universal Forest Products on the Internet, please contact the Company's web site at www.ufpi.com, or call 888-Buy-UFPI.

Included in this report are certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are based on the beliefs of the Company's management as well as on assumptions made by and information currently available to the Company at the time such statements were 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 are the following: Adverse lumber market trends, competitive activity, negative economic trends, government regulations, and weather. These risk factors and additional information are included in the company's reports on Form 10K and 10Q on file with the Securities and Exchange Commission.

SOURCE Universal Forest Products, Inc.

CONTACT: Michael R. Cole, Chief Financial Officer of Universal Forest Products, +1-616-364-6161