UFP Industries (NASDAQ:UFPI) (NASDAQ: UFPI) is a diversified manufacturer and distributor of wood and wood-alternative products, serving industrial, retail and construction markets. The company operates through two primary segments: Wood Products and Packaging. Its Wood Products segment offers softwood lumber, plywood, engineered wood, medium-density fiberboard and specialty panels, while its Packaging segment provides custom-engineered wood crates, pallets, protective packaging and display solutions for multiple end-use applications.
Founded in 1955 as United Forest Products, UFP Industries has grown through both organic investment and strategic acquisitions. The company’s vertically integrated model encompasses raw material procurement, production, finishing and global distribution. UFP maintains a network of manufacturing facilities, distribution centers and sales offices across North America, Europe and Asia, enabling it to serve customers ranging from single-location retailers to multinational industrial enterprises.
UFP Industries places strong emphasis on operational efficiency, lean manufacturing practices and supply-chain optimization. Its decentralized business structure empowers local leadership teams to tailor products and services to specific regional requirements. The company’s innovation teams work on developing sustainable material alternatives and value-added finished products, addressing evolving customer preferences and environmental considerations.
Headquartered in Grand Rapids, Michigan, UFP Industries is led by President and Chief Executive Officer David R. Flitman, who has guided the company’s expansion and diversification efforts in recent years. Under his leadership, UFP has reinforced its commitment to customer service, employee development and responsible forestry practices, positioning it for continued growth in both established and emerging markets.
