UFP Industries

UFP Industries

Manufactures and distributes construction and packaging products

About UFP Industries

Simplify's Rating
Why UFP Industries is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Industrial & Manufacturing

Consumer Goods

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Muscle Shoals, Alabama

Founded

1955

Overview

UFP Industries operates as a diversified holding company with various subsidiaries, including UFP Packaging, UFP Construction, and UFP Retail Solutions. The company manufactures, distributes, and sells a wide range of products for clients in residential and commercial construction, packaging, and industrial sectors across North America, Europe, Asia, and Australia. UFP Industries utilizes its extensive operational presence and industry expertise to cater to the diverse needs of its customers, which allows it to generate revenue from multiple geographic regions and industry segments. This broad approach sets UFP Industries apart from competitors who may focus on a narrower market.

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Simplify's Take

What believers are saying

  • Growing demand for sustainable packaging boosts UFP's eco-friendly product development.
  • E-commerce growth increases demand for UFP's packaging solutions.
  • Urbanization trends drive demand for UFP's residential and commercial construction products.

What critics are saying

  • Rising lumber costs could impact UFP's profit margins.
  • Construction slowdown due to high interest rates may reduce UFP's revenue.
  • Stricter European environmental regulations could increase UFP's compliance costs.

What makes UFP Industries unique

  • UFP Industries operates globally, serving diverse sectors like construction and packaging.
  • The company leverages a broad operational footprint to meet varied client needs.
  • Recent acquisitions, like C&L Wood Products, expand UFP's market reach and capabilities.

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Company News

Lesprom
Jan 6th, 2025
UFP Industries acquires C&L Wood Products, expanding pallet operations in Alabama and Tennessee

UFP Industries, through its affiliate UFP Packaging, has acquired the assets of C&L Wood Products, Inc., a pallet and mulch manufacturer based in Hartselle, Alabama, with trailing 12-month sales of $24.8 million as of November 2024.

Stock Titan
Jan 6th, 2025
UFP Industries Acquires CL Wood Products

UFP Industries' affiliate, UFP Packaging, has acquired CL Wood Products, a pallet and mulch manufacturer in Hartselle, Alabama, with trailing 12-month sales of $24.8 million. CL will operate under UFP's PalletOne unit, expanding its reach into Northern Alabama and Central Tennessee. CL, founded in 1975 and acquired by the Bowmans in 1996, has grown to 115 employees. The current leadership will remain, ensuring continuity and leveraging local market expertise.

Lesprom
Sep 23rd, 2024
UFP Industries names Landon Tarvin as president of UFP Retail Solutions

He will replace Will Schwartz, who has been appointed CEO of UFP Industries on the same date.

Stock Titan
Sep 23rd, 2024
Landon Tarvin named President of UFP Retail Solutions

Tarvin, currently vice president of Deckorators, joined UFP Industries in 2002 and has held various roles of increasing responsibility.

Stock Titan
Sep 16th, 2024
Stanley Elliott named Director of Investor Relations at UFP Industries, replacing the retiring Dick Gauthier

Elliott joins from Stifel Financial, where he served as managing director on the equity research platform, covering industries including building materials and diversified industrials.

There are no jobs for UFP Industries right now.

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