UFP Industries has acquired the operating assets of John Rock, a new pallet manufacturer, for approximately $48 million. The deal expands PalletOne's geographic reach in the northeast United States and strengthens UFP Packaging's ability to serve national customers. John Rock, a Kamps Pallets subsidiary, manufactures new pallets across Pennsylvania and Virginia. UFP is purchasing three of four locations: Coatesville, Pennsylvania; Mifflintown, Pennsylvania; and Bowling Green, Virginia. The acquisition adds approximately $82 million in annual sales and nearly 250 employees. The acquired operations will be integrated into PalletOne's existing manufacturing network, creating opportunities for improved efficiency and growth with national customers. UFP Industries CEO Will Schwartz said the transaction strengthens the company's core packaging business and positions it for long-term growth in a strategically important region.

UFP Industries acquires Berry Pallets for about $20 million

UFP Industries reported Q4 revenues of $1.33 billion, down 9% year on year and missing analysts' expectations by 5%. The building materials company, which serves construction, retail and industrial sectors, delivered the slowest revenue growth amongst nine tracked building materials stocks. The quarter proved disappointing, with significant misses on both revenue and adjusted operating income estimates. CEO Will Schwartz noted markets are stabilising despite soft demand, adding the company remains "cautiously optimistic" for 2026 after navigating a challenging 2025. Building materials stocks collectively missed revenue consensus estimates by 1.2% in Q4, with share prices falling an average of 10% since earnings. UFP Industries has declined 13.4% since reporting and currently trades at $92.09.