Today we want to talk about UFP Industries, a topic that has become increasingly relevant in recent years. From its origins to its impact on today's society, UFP Industries has been the subject of multiple studies and research that seek to understand its influence on our daily lives. From its most technical aspects to its emotional implications, UFP Industries is a topic that has sparked the interest of experts and fans alike. Throughout this article, we will examine different aspects of UFP Industries, from its history to its role today, with the aim of shedding light on this phenomenon and offering a comprehensive perspective on its importance and relevance in our modern world.
Formerly | Universal Forest Products, Inc. |
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Company type | Public company |
Industry | Wood and wood-alternative products Flooring Systems Trusses Joists Wall Panels Pressure-treated lumber Engineered wood products |
Founded | 1955 |
Headquarters | Grand Rapids, Michigan, U.S. |
Key people | William Currie (Chairman) Matt Missad (CEO) Patrick Webster (President & COO) |
Products | Trim and moulding Lumber and panels Decking, railings, accessories Fencing Manufactured housing products Industrial packaging Lawn and garden accessories |
Revenue | US$8.6 billion (2021) |
Number of employees | 15,000 (December 2021) |
Website | www.ufpi.com |
UFP Industries, Inc. was founded in Michigan in 1955 as a supplier of lumber to the manufactured housing industry. Today UFP Industries is a multibillion-dollar holding company with subsidiaries around the globe that serve three markets: retail, industrial and construction. The company has been publicly traded (Nasdaq: UFPI) since 1993 and is headquartered in Grand Rapids, Michigan. In 2021, the company had over 200 locations in eight countries with 15,000+ employees and sales of $8.6 billion.
The company is listed in the Fortune 1000 list of America's largest corporations as of 2022, and in the 2005 Forbes magazine's Platinum 400 ranking of the best-performing U.S. companies with annual revenue of more than $8 billion,
UFP Industries has 218 affiliated operations, which supply tens of thousands of products to three markets: UFP Retail, UFP Construction, and UFP Packaging.