Release Details

Universal Forest Products Named One of the Top Companies In the Nation by Forbes Magazine

January 14, 2002
GRAND RAPIDS, Mich., Jan. 14 /PRNewswire-FirstCall/ -- Universal Forest Products, Inc. (Nasdaq: UFPI) announced it was recently named to Forbes magazine's Platinum 400, an annual ranking of the 400 best- performing U.S. companies with more than $1 billion in annual revenue.

"Ours is the best management team in the industry," said Peter F. Secchia, UFPI's chairman of the board. "To see them recognized by Forbes magazine as one of the best managed companies in America makes us very proud."

UFPI was evaluated against its industry peers on profitability and growth and was ranked by Forbes among the nation's leading companies in the construction category. This was the third time in the last four years that Universal Forest Products was named to the prestigious list.

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, Inc., +1-616-364-6161