UFP Packaging Expands Pallet Network with $105M in Strategic Acquisitions

Event summary

  • UFP Packaging acquired three locations of John Rock, Inc. in Pennsylvania and Virginia, adding $82M in annual revenue and 250 employees.
  • UFP Packaging also acquired Berry Pallets, Inc. in Minnesota, contributing $23M in annual revenue and 75 employees.
  • The combined acquisitions extend UFP Packaging's pallet manufacturing network into high-demand supply chain corridors in the Northeast and Upper Midwest.
  • The acquisitions align with UFP Industries' strategy of investing in core, higher-margin businesses and expanding manufacturing capacity.

The big picture

UFP Packaging's acquisitions of John Rock, Inc. and Berry Pallets, Inc. are part of a broader strategy to build a national network that provides consistency, reliability, and reach to large, multi-region customers. The move reflects the company's focus on disciplined M&A and expanding manufacturing capacity in key markets. The combined $105M in annual revenue from these acquisitions underscores the scale of UFP Packaging's ambition to dominate the industrial packaging sector.

What we're watching

Integration Challenges
How UFP Packaging will integrate the acquired operations without disrupting their existing customer relationships and regional expertise.
Market Demand
Whether the expanded network will meet the growing demand for consistent, large-scale pallet solutions across the country.
Competitive Positioning
The pace at which UFP Packaging can leverage these acquisitions to strengthen its position as the nation's largest single-source pallet manufacturer.

Related topics

Revenue Expansion