Companies in the timber industry / Daily News / Forestry / Lumber / Sawmilling / Wood Products / Wood-based panels / Global / North America
September 30, 2021
UFP acquires Alabama wood distributor in anticipation of growing demand
Anticipating an uptick in demand for factory-built housing, Grand Rapids-based wood products manufacturer UFP Industries Inc. announced the acquisition of one of its current vendors. UFP announced this week that its wholly owned subsidiary UFP Distribution LLC acquired the operating assets of Haleyville, Ala.-based Shelter Products Inc., which distributes lumber, plywood and other building materials, primarily to clients in the manufactured housing space. UFP acquired Shelter Products for $6.5 million. UFP will take over operations at Shelter Products’ 87,800-square-foot warehouse in Haleyville, which is located adjacent to an existing ...
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