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UFP Industries Inc: 1 director
A director at UFP Industries Inc sold 11,000 shares at 92.260USD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clea...
UFP Packaging acquires Titan Corrugated and its affiliate, All Boxed U...
UFP Packaging acquires Titan Corrugated and its affiliate, All Boxed Up, adding corrugated conversion to its industrial packaging offerings GRAND RAPIDS, Mich., Dec. 06, 2022 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Packaging, LLC, has acquired Titan Corrugated, Inc., a manufacturer of corrugated packaging products, and its affiliate All Boxed Up, LLC, a corrugated box distributor. The combined companies had trailing 12-month sales through October 2022 of approximately $46.5 million. Founded in 2003 by Jon Reneau, Titan’s primary products ...
UFP Industries Reports Record Third Quarter Results
UFP Industries Reports Record Third Quarter Results Earnings per share increase 37 percent; Unit sales increase 5 percent GRAND RAPIDS, Mich., Oct. 20, 2022 (GLOBE NEWSWIRE) -- UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales of $2.3 billion and net earnings attributable to controlling interests of $167 million for the third quarter of 2022. The company also reported record earnings per diluted share of $2.66, a 37 percent increase over the third quarter of 2021. “UFP’s ability to deliver record-setting performance in a challenging economic environment is a direct r...
UFP Industries names Will Schwartz president of UFP Retail Solutions
UFP Industries names Will Schwartz president of UFP Retail Solutions GRAND RAPIDS, Mich., Sept. 26, 2022 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that Will Schwartz has been named president of UFP Retail Solutions, LLC, effective January 1, 2023. UFP Retail Solutions is an approximately $4 billion segment of UFP Industries that specializes in yard and home products, including brands such as ProWood pressure-treated lumber; Deckorators decking and accessories; UFP-Edge siding, pattern and trim; and Outdoor Essentials fencing and lawn and garden products. Will repla...
UFP Announces Personnel Changes to Focus on Innovation
UFP Announces Personnel Changes to Focus on Innovation GRAND RAPIDS, Mich., Sept. 06, 2022 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced the appointment of Allen Peters to executive vice president of innovation, effective January 1, 2023. Allen’s new duties will include leading UFP’s Innovation Accelerator and Innov8 Fund teams. He will also use his unique experience as president of UFP Retail Solutions to drive the ambitious new products and technology push necessary for rapid iterative changes through the organization. “After 24 years of managing operations and sale...
UFP Industries Reports Record Second Quarter Results
UFP Industries Reports Record Second Quarter Results Earnings per share increase 16 percent; New product sales increase 37 percent GRAND RAPIDS, Mich., July 21, 2022 (GLOBE NEWSWIRE) -- UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales of $2.9 billion and net earnings attributable to controlling interests of $203 million for the second quarter of 2022. The company also reported record earnings per diluted share of $3.23, a 16 percent increase over the second quarter of 2021. “I want to thank our hard-working teammates for delivering another outstanding, record-breaki...
UFP Industries to Release Second Quarter Fiscal 2022 Earnings Results ...
UFP Industries to Release Second Quarter Fiscal 2022 Earnings Results and Host Conference Call on July 21, 2022 GRAND RAPIDS, Mich., July 12, 2022 (GLOBE NEWSWIRE) -- UFP Industries, Inc. (Nasdaq: UFPI) will release its financial results for the second fiscal quarter on Thursday, July 21, 2022, after market close, at approximately 4:05 p.m. ET. CEO Matt Missad and CFO Mike Cole will host a conference call later the same day, at 4:30 p.m. ET, to discuss the results and provide a business update. The call will be available through a webcast on the investor relations section of UFP’s websit...
UFP Industries ranked tenth on Forbes annual list of America’s Best M...
UFP Industries ranked tenth on Forbes annual list of America’s Best Mid-Sized Companies GRAND RAPIDS, Mich., June 30, 2022 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) has been ranked tenth on Forbes annual list of America’s Best Mid-Sized Companies. To compile the 2022 list, Forbes screened more than 1,000 companies with a market value between $2 billion and $10 billion. The top 100 were selected based on earnings growth, sales growth, return on equity and total stock return for 2021 and over the last five years. The full list can be seen at: “Our success comes from the hard work...
UFP Industries acquires a 50 percent stake in Dempsey Wood Products, L...
UFP Industries acquires a 50 percent stake in Dempsey Wood Products, LLC, providing additional industrial wood sourcing capacity to support growth GRAND RAPIDS, Mich., June 27, 2022 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that its affiliate, PalletOne, Inc., has acquired a 50 percent equity stake in Dempsey Wood Products, LLC. The purchase agreement includes options for PalletOne to purchase the remaining 50 percent of Dempsey after three years. Founded in 1988 by Ronald Dempsey, Dempsey Wood Products produces kiln-dried lumber, pallet lumber, and other industri...
UFP Industries ranked 401 on FORTUNE 500
UFP Industries ranked 401 on FORTUNE 500 GRAND RAPIDS, Mich., June 06, 2022 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that it was ranked 401 on the FORTUNE 500 list of largest companies by revenue in the United States. UFP Industries jumped 117 places, from 518 in 2021, to make the coveted list. The company, which has achieved FORTUNE 1000 status for many years, was last ranked on the FORTUNE 500 list in 1994. “We are thankful for the loyal customers who have allowed us to achieve this milestone, and we are very proud of our teammates who have worked incredibly ha...
UFP Industries to Participate in the Stifel 2022 Cross Sector Insight ...
UFP Industries to Participate in the Stifel 2022 Cross Sector Insight Conference GRAND RAPIDS, Mich., June 02, 2022 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that CEO Matt Missad and CFO Mike Cole will participate in the Stifel Cross Sector Insight Conference at the InterContinental hotel in Boston, Massachusetts, on June 9, 2022. Management is scheduled to present to investors on Thursday, June 9, at 10:55 a.m. ET. Interested individuals can access the live webcast of the presentation via the Investor Relations section of UFPI’s website at . To find additional i...
UFP Industries acquires Cedar Poly LLC, adding plastic recycling to it...
UFP Industries acquires Cedar Poly LLC, adding plastic recycling to its retail operations GRAND RAPIDS, Mich., May 09, 2022 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that its affiliate, Deckorators, Inc., acquired Cedar Poly LLC, for $17 million. The purchase price includes incentive payments of up to $1.5 million over three years if Cedar Poly meets certain performance goals. Founded in 2007 and based in Tipton, Iowa, Cedar Poly is a full-service recycler of high-density and low-density polyethylene (HDPE and LDPE) flakes and pellets used in various products, inc...
UFP Industries announces the planned retirement of President and COO P...
UFP Industries announces the planned retirement of President and COO Pat Webster GRAND RAPIDS, Mich., April 25, 2022 (GLOBE NEWSWIRE) -- UFP Industries, Inc. (Nasdaq: UFPI) today announced that President and COO Pat Webster will retire at the end of 2022 after a remarkable career spanning nearly four decades at the company. Over the next several months, Pat’s duties will be transferred to existing or new members of the leadership team as part of the company’s 2020 reorganization plan. Pat joined UFP in 1985. He began as a production manager and later took on roles in sales, purchasing, a...
UFP Industries Reports Record First Quarter Results
UFP Industries Reports Record First Quarter Results Strong sales growth and continued execution results in year-over-year increases in diluted EPS of 80 percent and quarterly dividend of 67 percent GRAND RAPIDS, Mich., April 21, 2022 (GLOBE NEWSWIRE) -- UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales of $2.49 billion and net earnings of $190 million for the first quarter of 2022. The company also reported record earnings per diluted share of $3.00, an 80 percent increase over the first quarter of 2021. “We cannot give enough credit to the entire UFP team for the ...
Conference Call to Discuss Q1 2022
Conference Call to Discuss Q1 2022 GRAND RAPIDS, Mich., April 07, 2022 (GLOBE NEWSWIRE) -- UFP Industries, Inc.Nasdaq: UFPI Conference Call to Discuss Q1 2022 Hosted by:Matthew J. Missad, Chief Executive OfficerMichael Cole, Chief Financial Officer Press ReleaseThursday, April 21, 2022 (after market) Conference CallThursday, April 21, 20224:30 p.m. ET * Webcast of Conference Call *Click on Investor Relations, then Webcast U.S. dial-in number: 866-518-4547International dial-in: 213-660-0879Chairperson: Matthew J. Missad Conference ID4287318 Conference Call Replay (Encore) availab...
UFP Industries Reports Record Earnings for Fourth Quarter and Year
UFP Industries Reports Record Earnings for Fourth Quarter and Year -- Unit sales increase 25 percent and diluted EPS increases 117 percent in Q4; board increases share buyback authorization GRAND RAPIDS, Mich., Feb. 16, 2022 (GLOBE NEWSWIRE) -- UFP Industries, Inc. (Nasdaq: UFPI) today announced record net sales and net earnings for the fourth quarter and fiscal year 2021. The company, which passed $8.6 billion in net sales for fiscal 2021, also reported record earnings per diluted share of $8.59, a 115 percent increase over the previous year. During the fourth quarter of fiscal 20...
UFP Industries announces quarterly dividend of $0.20 per share
UFP Industries announces quarterly dividend of $0.20 per share - dividend represents a 33 percent increase over 2021 - GRAND RAPIDS, Mich., Jan. 28, 2022 (GLOBE NEWSWIRE) -- On January 27, 2022, the Board of Directors of UFP Industries, Inc. (Nasdaq: UFPI) approved a quarterly dividend payment of $0.20 per share, a 33 percent increase over the quarterly dividend of 15 cents paid last year. The dividend is payable on March 15, 2022, to shareholders of record on March 1, 2022. “This enhanced dividend is the result of UFP’s strong performance and the confidence we have in our future,” sa...
UFP Industries acquires Ultra Aluminum Manufacturing, expanding its fe...
UFP Industries acquires Ultra Aluminum Manufacturing, expanding its fence and railing offerings GRAND RAPIDS, Mich., Dec. 27, 2021 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that its subsidiary, Deckorators, Inc., has acquired Ultra Aluminum Manufacturing Inc. (Ultra), a leading manufacturer of aluminum fencing, gates and railing, for $25 million. The transaction includes $2 million to be paid if certain future performance goals are met. Founded in 1996 and based in Howell, Michigan, Ultra designs and produces an extensive selection of ornamental aluminum fence and...
UFP Industries acquires Advantage Label & Packaging, adding labels and...
UFP Industries acquires Advantage Label & Packaging, adding labels and labeling equipment to its industrial packaging offerings GRAND RAPIDS, Mich., Dec. 20, 2021 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Packaging, LLC, has acquired Advantage Label & Packaging, Inc. (Advantage Label), a provider of labels and related equipment used in industrial packaging, for approximately $16 million. The transaction also includes $2.9 million for related real estate as well as incentive payments of up to $4.5 million over five years if certain performanc...
UFP Industries acquires controlling equity position in Ficus Pax, mark...
UFP Industries acquires controlling equity position in Ficus Pax, marking UFP’s first industrial presence in India GRAND RAPIDS, Mich., Nov. 22, 2021 (GLOBE NEWSWIRE) -- UFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Global Holdings Ltd., has acquired 70 percent of the equity in Ficus Pax Private Limited (Ficus Pax), a leading producer of industrial packaging in India, for approximately $13.5 million USD. Headquartered in Bangalore, India, Ficus Pax manufactures mixed-material cases and crates, nail-less plywood boxes, wooden pallets and other packaging products thr...
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