UFP Industries, Inc.

https://www.ufpi.com

UFP Industries, Inc. is a holding company headquartered in Grand Rapids, Michigan, that operates through its subsidiaries to serve the retail, industrial, and construction markets. The company's core business involves manufacturing and distributing a wide variety of value-added wood and wood-alternative products. UFP Industries emphasizes a culture driven by its people, stating, "No Mission Statement. Just People on a Mission.", focusing on supporting global physical infrastructure, advancing key markets, and improving lives.

The company's operating segments include UFP Retail Solutions, UFP Packaging, UFP Construction, and International. As North America's largest buyer of softwood lumber, UFP Industries provides products for residential and commercial construction, outdoor living, and industrial packaging. Key offerings span trim and moulding, lumber and panels, decking, railings, fencing, manufactured housing products, industrial packaging, and lawn and garden accessories.

Led by CEO Will Schwartz, UFP Industries reported first-quarter 2026 results showing an 8% decrease in net sales compared to the prior year, primarily due to a weaker residential construction market, adverse weather, and increased costs. Despite these challenges, the company maintains a strong balance sheet with substantial liquidity. Recent strategic moves include the acquisition of Berry Pallets and MoistureShield to expand manufacturing capacity and geographic reach, alongside ongoing efforts in a cost-out program and the expansion of its Deckorators® composite decking capacity. UFP Industries is a publicly traded Fortune 1000 company with over 200 locations across eight countries and more than 15,000 employees.

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