# UFP INDUSTRIES INC

Summary updated: 2026-10-02T13:28:42.956873Z
Canonical: https://finbar.com/research/companies/ufp-industries-inc

## Overview

UFP Industries, Inc. is a manufacturer and distributor of wood and wood-alternative products serving construction, retail and building-products, and industrial-packaging markets. Its products include decking, fencing, engineered wood components, concrete forms, protective packaging, and pallets. [1](https://app.finbar.com/go?id=P106000489)[2](https://app.finbar.com/go?id=P72954186)

The company reported net sales of $6.32 billion for fiscal 2025 and $3.34 billion for the six months ended June 27, 2026. [3](https://app.finbar.com/go?id=P60579384)[4](https://app.finbar.com/go?id=P146890387) It lists more than 14,000 employees and operations in nine countries. [5](https://ufpi.com/)[6](https://ufpi.com/our-businesses/)

Its principal business segments are Retail Solutions, Packaging, and Construction; international operations are included in “All Other.” [2](https://app.finbar.com/go?id=P72954186) Founded in 1955 as Universal Forest Products, the company adopted the UFP Industries name in 2019/2020. [7](https://ufpi.com/about/history/)[8](https://ufpi.com/universal-forest-products-is-now-ufp-industries/) Its stated tagline is “No Mission Statement. Just People on a Mission.” [5](https://ufpi.com/)
[1](https://app.finbar.com/go?id=P106000489)[2](https://app.finbar.com/go?id=P72954186)[3](https://app.finbar.com/go?id=P60579384)[4](https://app.finbar.com/go?id=P146890387)[5](https://ufpi.com/)[6](https://ufpi.com/our-businesses/)[7](https://ufpi.com/about/history/)[8](https://ufpi.com/universal-forest-products-is-now-ufp-industries/)

## Products & services

UFP Industries sells value-added retail products including fencing, decking and lattice; packaging products including structural and protective packaging and machine-built pallets; and construction products such as engineered wood components, customized interior fixtures and manufactured or assembled concrete forms. Its engineered wood products include roof trusses, wall panels and floor systems. The company also sells wood-alternative products made from composites, metals and plastics across its segments. It estimates that approximately 80% of sales are products it manufactures, with the remainder consisting of supplier-made products it inventories and distributes. [9](https://app.finbar.com/go?id=T16803115)

Specific products highlighted by the company include Venture and Surestone™ decking, mixed-material packaging products, exterior siding and cladding, light-gauge metal components, and concrete forming products. Surestone decking is made with crushed limestone and is described as heat- and slip-resistant, with minimal thermal expansion. [10](https://app.finbar.com/go?id=T16803117)[11](https://ufpi.com/ufp-to-showcase-innovative-building-solutions-at-ibs-2025/)[12](https://www.deckorators.com/pages/surestone-technology) Products whose prices are tied to lumber market indexes include treated lumber, panel goods, other commodity-type items and trusses for manufactured housing; pricing includes a fixed dollar amount for conversion costs and profit. [13](https://app.finbar.com/go?id=T16803097)

For the first half of 2026, sales of products the company classifies as new products totaled $272.340 million, or 8.1% of total net sales. By segment, new products represented 9.4% of Retail sales, 12.0% of Packaging sales and 4.2% of Construction sales. The company defines a new product as a value-added product expected to reach at least $1 million in annual sales within four years of launch and that is still growing or gaining market penetration. [14](https://app.finbar.com/go?id=T16803119)
[9](https://app.finbar.com/go?id=T16803115)[10](https://app.finbar.com/go?id=T16803117)[11](https://ufpi.com/ufp-to-showcase-innovative-building-solutions-at-ibs-2025/)[12](https://www.deckorators.com/pages/surestone-technology)[13](https://app.finbar.com/go?id=T16803097)[14](https://app.finbar.com/go?id=T16803119)[14](https://app.finbar.com/go?id=T16803119)[14](https://app.finbar.com/go?id=T16803119)[14](https://app.finbar.com/go?id=T16803119)[14](https://app.finbar.com/go?id=T16803119)[11](https://ufpi.com/ufp-to-showcase-innovative-building-solutions-at-ibs-2025/)[12](https://www.deckorators.com/pages/surestone-technology)

## Geographic presence

UFP Industries’ 2025 annual filing describes operations across the United States, Mexico, Canada, Spain, India and Australia, with approximately 196 facilities that may include offices, manufacturing sites and indoor or outdoor storage. Its property disclosures name locations including Apaseo el Grande and Nuevo León in Mexico; Bangalore, Chennai, Coimbatore, Guntur, Hyderabad, Noida and Vadodara in India; Castellón in Spain; and several sites in Australia and Lacolle in Canada. The company identifies its corporate headquarters as 2801 East Beltline NE, Grand Rapids, Michigan. [15](https://app.finbar.com/go?id=P14558130)[16](https://app.finbar.com/go?id=P2509169)[17](https://app.finbar.com/go?id=T8109487)

The company website currently describes 196 locations across nine countries, while the 2025 annual filing names six countries in its subsidiary footprint. The filing does not provide a clean country- or region-level revenue breakdown: its “All Other” segment combines International with other activities, so it should not be read as international revenue. The latest listed filing as of October 2, 2026, is the Q2 2026 report. [6](https://ufpi.com/our-businesses/)[18](https://app.finbar.com/go?id=P84265866)[19](https://app.finbar.com/go?id=P146890493)
[15](https://app.finbar.com/go?id=P14558130)[16](https://app.finbar.com/go?id=P2509169)[17](https://app.finbar.com/go?id=T8109487)[6](https://ufpi.com/our-businesses/)[18](https://app.finbar.com/go?id=P84265866)[19](https://app.finbar.com/go?id=P146890493)[6](https://ufpi.com/our-businesses/)

## Business segments

UFP Industries reports three principal operating segments: **Retail**, **Packaging**, and **Construction**. In FY2025, their approximate shares of consolidated net sales to outside customers were 38.5%, 25.4%, and 31.7%, respectively. [20](https://app.finbar.com/go?id=T4261357)

**Retail** sells pressure-treated lumber, decking, fencing, lawn and garden products, composite decking and railing, siding, trim, and related products through brands including ProWood, Deckorators, and UFP Edge. Its customers include big-box retailers, independent distributors, and distribution centers. [21](https://app.finbar.com/go?id=P28635504)[22](https://app.finbar.com/go?id=P104828748)[23](https://app.finbar.com/go?id=P100984773)[24](https://app.finbar.com/go?id=P7533961) **Packaging** provides custom wood and metal packaging, pallets and pallet recycling, and protective packaging such as corrugate, foam, labels, strapping, and films. It serves customers across industries including building materials, agriculture, durable goods, heavy equipment, and automotive. [25](https://app.finbar.com/go?id=P57097031)[26](https://app.finbar.com/go?id=P30937663)[27](https://app.finbar.com/go?id=P86794400)[28](https://app.finbar.com/go?id=P56585513)

**Construction** includes factory-built housing, site-built construction, commercial construction, and concrete forming. Its products and services include trusses and materials for manufactured housing, engineered framing components and framing services, commercial interiors and fixtures, and concrete forms. [29](https://app.finbar.com/go?id=P38648243)[30](https://app.finbar.com/go?id=P21203101)[31](https://app.finbar.com/go?id=P103856904)[32](https://app.finbar.com/go?id=P96066644)[33](https://app.finbar.com/go?id=P78024987) The FY2025 segment table also lists **All Other** (4.3% of outside-customer sales) and **Corporate** (0.1%) separately; these are not presented as additional principal operating segments. [20](https://app.finbar.com/go?id=T4261357) UFP’s Q2 2026 segment table retains the same principal segment names. [34](https://app.finbar.com/go?id=T16803082)
[20](https://app.finbar.com/go?id=T4261357)[21](https://app.finbar.com/go?id=P28635504)[22](https://app.finbar.com/go?id=P104828748)[23](https://app.finbar.com/go?id=P100984773)[24](https://app.finbar.com/go?id=P7533961)[25](https://app.finbar.com/go?id=P57097031)[26](https://app.finbar.com/go?id=P30937663)[27](https://app.finbar.com/go?id=P86794400)[28](https://app.finbar.com/go?id=P56585513)[29](https://app.finbar.com/go?id=P38648243)[30](https://app.finbar.com/go?id=P21203101)[31](https://app.finbar.com/go?id=P103856904)[32](https://app.finbar.com/go?id=P96066644)[33](https://app.finbar.com/go?id=P78024987)[34](https://app.finbar.com/go?id=T16803082)

## Company history

UFP Industries was founded in 1955 as Universal Forest Products, with William F. “Bill” Grant as its major stockholder and sole salesman, supplying lumber to the factory-built-housing market. Peter Secchia joined in 1962 and gained control in 1971. The company expanded into treated lumber in 1978 and shipped its first treated-lumber load to The Home Depot in 1979; it went public in 1989. [7](https://ufpi.com/about/history/)

In the 1990s, UFP entered site-built construction and broadened its residential-truss and composite-decking businesses through acquisitions. Later milestones included acquiring DecKorators assets in 2005 and a majority interest in Australia-based Integra Packaging in 2015, followed by the acquisition of idX Holdings in 2016, which expanded its custom retail-environment business. [7](https://ufpi.com/about/history/)[35](https://www.ufpinvestor.com/news-releases/news-release-details/universal-forest-products-grows-consumer-products-division)[36](https://www.ufpinvestor.com/news-releases/news-release-details/ufpi-announces-acquisition-majority-interest-australia-based)[37](https://www.ufpinvestor.com/news-releases/news-release-details/ufpi-buy-idx-corp-leading-international-provider-custom)

The company announced its transition from Universal Forest Products to UFP Industries in 2019 and adopted the new name in January 2020. In 2023, it acquired a controlling interest in Spanish pallet-and-packaging operations; it acquired C&L Wood Products’ assets in December 2024. Leadership transitions included Matthew J. Missad becoming CEO in 2011 and moving to executive chairman in December 2024, when William “Will” Schwartz was named CEO. [8](https://ufpi.com/universal-forest-products-is-now-ufp-industries/)[38](https://ufpi.com/ufp-global-holdings-ltd-acquires-controlling-interest-in-palets-suller-group/)[39](https://ufpi.com/ufp-industries-acquires-cl-wood-products-inc/)[40](https://ufpi.com/ceo-matthew-missad-to-move-to-executive-chairman-role-at-ufp-industries-william-will-schwartz-named-ceo-cfo-mike-cole-to-add-new-role-president-of-corporate-services/)[41](https://app.finbar.com/go?id=P190124488)
[41](https://app.finbar.com/go?id=P190124488)[7](https://ufpi.com/about/history/)[35](https://www.ufpinvestor.com/news-releases/news-release-details/universal-forest-products-grows-consumer-products-division)[36](https://www.ufpinvestor.com/news-releases/news-release-details/ufpi-announces-acquisition-majority-interest-australia-based)[37](https://www.ufpinvestor.com/news-releases/news-release-details/ufpi-buy-idx-corp-leading-international-provider-custom)[8](https://ufpi.com/universal-forest-products-is-now-ufp-industries/)[38](https://ufpi.com/ufp-global-holdings-ltd-acquires-controlling-interest-in-palets-suller-group/)[39](https://ufpi.com/ufp-industries-acquires-cl-wood-products-inc/)[40](https://ufpi.com/ceo-matthew-missad-to-move-to-executive-chairman-role-at-ufp-industries-william-will-schwartz-named-ceo-cfo-mike-cole-to-add-new-role-president-of-corporate-services/)[7](https://ufpi.com/about/history/)[35](https://www.ufpinvestor.com/news-releases/news-release-details/universal-forest-products-grows-consumer-products-division)[36](https://www.ufpinvestor.com/news-releases/news-release-details/ufpi-announces-acquisition-majority-interest-australia-based)[37](https://www.ufpinvestor.com/news-releases/news-release-details/ufpi-buy-idx-corp-leading-international-provider-custom)[8](https://ufpi.com/universal-forest-products-is-now-ufp-industries/)[38](https://ufpi.com/ufp-global-holdings-ltd-acquires-controlling-interest-in-palets-suller-group/)[39](https://ufpi.com/ufp-industries-acquires-cl-wood-products-inc/)[40](https://ufpi.com/ceo-matthew-missad-to-move-to-executive-chairman-role-at-ufp-industries-william-will-schwartz-named-ceo-cfo-mike-cole-to-add-new-role-president-of-corporate-services/)

## Sources

1. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P106000489)
2. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P72954186)
3. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P60579384)
4. [UFP INDUSTRIES INC — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P146890387)
5. [ufpi.com](https://ufpi.com/)
6. [ufpi.com](https://ufpi.com/our-businesses/)
7. [ufpi.com](https://ufpi.com/about/history/)
8. [ufpi.com](https://ufpi.com/universal-forest-products-is-now-ufp-industries/)
9. [UFP INDUSTRIES INC — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T16803115)
10. [UFP INDUSTRIES INC — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T16803117)
11. [ufpi.com](https://ufpi.com/ufp-to-showcase-innovative-building-solutions-at-ibs-2025/)
12. [www.deckorators.com](https://www.deckorators.com/pages/surestone-technology)
13. [UFP INDUSTRIES INC — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T16803097)
14. [UFP INDUSTRIES INC — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T16803119)
15. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P14558130)
16. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P2509169)
17. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=T8109487)
18. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P84265866)
19. [UFP INDUSTRIES INC — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P146890493)
20. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=T4261357)
21. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P28635504)
22. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P104828748)
23. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P100984773)
24. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P7533961)
25. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P57097031)
26. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P30937663)
27. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P86794400)
28. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P56585513)
29. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P38648243)
30. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P21203101)
31. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P103856904)
32. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P96066644)
33. [UFP INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P78024987)
34. [UFP INDUSTRIES INC — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T16803082)
35. [www.ufpinvestor.com](https://www.ufpinvestor.com/news-releases/news-release-details/universal-forest-products-grows-consumer-products-division)
36. [www.ufpinvestor.com](https://www.ufpinvestor.com/news-releases/news-release-details/ufpi-announces-acquisition-majority-interest-australia-based)
37. [www.ufpinvestor.com](https://www.ufpinvestor.com/news-releases/news-release-details/ufpi-buy-idx-corp-leading-international-provider-custom)
38. [ufpi.com](https://ufpi.com/ufp-global-holdings-ltd-acquires-controlling-interest-in-palets-suller-group/)
39. [ufpi.com](https://ufpi.com/ufp-industries-acquires-cl-wood-products-inc/)
40. [ufpi.com](https://ufpi.com/ceo-matthew-missad-to-move-to-executive-chairman-role-at-ufp-industries-william-will-schwartz-named-ceo-cfo-mike-cole-to-add-new-role-president-of-corporate-services/)
41. [UFP INDUSTRIES INC — Full financial report (2015 Y)](https://app.finbar.com/go?id=P190124488)

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