Release Details

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--June 6, 2006--Universal Forest Products, Inc. (Nasdaq:UFPI) today announced that a wholly-owned subsidiary has acquired certain assets of Dura-Bilt Mfg. Co., a roof and floor truss manufacturer based in Riverbank, California, and its shareholders. Dura-Bilt's 2005 sales were approximately $16 million.

The purchase will expand Universal's manufacturing capacity in the Northern California market, allowing Universal to serve national and regional home builders in the area.

"Our acquisition strategy has been to target successful businesses that can add to our capacity or enhance our product offerings in strategic geographic areas," said Universal CEO and Chairman William G. Currie. "We were seeking to expand our ability to supply engineered wood components used in the construction of site-built housing in Northern California. Dura-Bilt presented us with that opportunity, and more."

"The shareholders and employees of Dura-Bilt have grown a successful company based on creating a superior product and providing top-quality service to customers, complementing Universal's philosophy and strategies," he added. "This is a sound opportunity and we're excited to be adding Dura-Bilt and its people to the Universal family."

In addition to expanding truss capacity in the region, the purchase allows Universal to introduce area builders to its other engineered products, such as wall panels and Open Joist, which help builders erect homes more quickly, cost-effectively and accurately.

"Customers rate Dura-Bilt highly in terms of product and service; the company is perceived as the best supplier in the area as a result of their dedicated employees and of the strong leadership of General Manager Jeff Qualle," said Universal President Mike Glenn. "We're proud they're now a part of our team."

Dura-Bilt was founded in 1964 by Leonard and Grace Lovalvo, who remained the company's sole owners. Both will work to accomplish a smooth transition of the company. Dura-Bilt has approximately 110 employees who work at the Riverbank, CA facility and who are expected to remain with Universal after the acquisition. The company will continue to operate under the name Dura-Bilt for the near future as a part of Universal's Western Division.

"Universal is a strong company. It was important to us that we could provide that kind of future for our people and our valued customers," said Leonard Lovalvo.

Universal Forest Products markets, manufactures and engineers wood and wood-alternative 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. The Company also provides framing services for the site-built sector. Universal has approximately 9,500 employees who work in more than 100 locations. Sales for 2005 were nearly $2.7 billion. For information about Universal, please visit the Company's Web site at http://www.ufpi.com , or call 888-Buy-UFPI.

CONTACT: Universal Forest Products, Inc.
Lynn Afendoulis, 616-365-1502

SOURCE: Universal Forest Products, Inc.