UFP Industries
Grand Rapids, Michigan, United States · Building Material, Manufacturing
Universal Forest Products, Inc. is a holding company that provides capital, management and administrative resources to subsidiaries that design, manufacture and market wood and wood-alternative products. Founded in 1955, the company specializes in various wood products, including those for home centers and construction. Its subsidiaries also provide framing services and outdoor living products.
Key facts
- Headquarters
- Grand Rapids, Michigan, United States
- Employees
- 15,000
- Industries
- Building Material, Manufacturing
- Status
- Public (UFPI)
- Website
- www.ufpi.com
- Company page
Recent activity at UFP Industries
- : UFP Industries Appoints Scott Worthington as Vice President of Investor Relations
- : SEC 8-K (8.01): On November 4, 2026, UFP Industries, Inc. announced the appointment of Scott Worthington as Vice President of Investor Relations. Scott, who is transitioning from his role as president of UFP Packaging, will begin assuming his new responsibilities this November. This strategic change in management aims to enhance investor engagement and strengthen the company's investor relations program.
- : UFP Industries Expands Distribution Partnership with Wausau Supply Company
- : SEC 8-K (7.01): On November 2, 2026, UFP Industries, Inc. issued a press release regarding the expansion of its distribution partnership with Wausau Supply Company. This announcement indicates a strategic enhancement in their collaboration, likely aimed at increasing market reach and improving distribution efficiency for Deckorators products. The press release is included as Exhibit 99.1. This partnership expansion reflects UFP Industries' commitment to strengthening its distribution channels and enhancing product availability to consumers.
- : SEC 8-K (7.01):
- : UFP Industries acquires Apache Products for expansion
- : SEC 8-K (1.01): On October 23, 2026, UFP Industries, Inc. entered into a Fifth Amendment to its existing Credit Agreement, affecting its $750 million revolving credit facility. This amendment extends the maturity date to October 23, 2031, and increases the sublimits for swingline loans and letters of credit to $75 million each. As of September 26, 2026, there were no cash borrowings outstanding, and approximately $42 million of letters of credit were issued. The changes also modify terms related to interest rates and obligations of certain subsidiaries, significantly impacting the company's financial leverage and liquidity management.
- : SEC 8-K (7.01):
- : SEC 8-K (8.01): On July 22, 2026, UFP Industries, Inc. declared a quarterly cash dividend of $0.36 per share, effective September 15, 2026, for shareholders of record on September 1, 2026. This marks a 3% increase from the previous year's dividend rate. The decision reflects the company's commitment to returning value to shareholders. The Board of Directors emphasized the importance of this increase in the context of the company's ongoing financial performance and strategic growth initiatives.
- : SEC 8-K (8.01): On May 29, 2026, the Board of Directors of UFP Industries, Inc. authorized the repurchase of up to $300 million of the Company's outstanding common stock. This repurchase authorization supersedes any previous authorizations and is set to expire on April 30, 2027. The Company may execute these repurchases in various ways, including through open market transactions and Rule 10b5-1 trading plans, with the timing and volume determined based on market conditions. This strategic decision reflects the Company's confidence in its financial position and is aimed at enhancing shareholder value.
Leadership
- Sean Cummings, Managing Director Ecommerce
- Scott Worthington, President
- Mike Ellerbrook, President
- Patrick Benton, Executive Vice President of Operations
- Mark Wells, VP of Purchasing - Retail
- Michael Cole, Chief Financial Officer
- William Schwartz, Chief Executive Officer
Verified email and direct lines for UFP Industries’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
UFP Industries files 2 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
UFP Industries in the news
- UFP Industries to Expand Structural Packaging Capacity with New South Carolina Manufacturing Facility - PR Newswire (Aug 13, 2026)
- UFP Industrial Changes Name to UFP Packaging - Business Wire (Jan 30, 2023)
- A hidden deck railing connector won BobVila.com’s 2026 Tool of the Year. - Stock Titan (Sep 25, 2026)
- UFP Global Holdings Ltd. purchases remaining ownership interests in two Mexican packaging affiliates - Business Wire (Dec 01, 2023)
- UFP Factory Built Enhances National Reach With Addition Of New Western Facilities - Business Wire (Jun 17, 2025)
- CORRECTING and REPLACING Matthew J. Missad named Chairman of the Board for UFP Industries - Business Wire (Feb 04, 2023)
- UFP Industries Ranked 403 on FORTUNE 500 - Business Wire (Jun 09, 2023)
- UFP Packaging Increases Corrugated Capabilities with New Jeffersonville, Indiana Facility - Business Wire (Mar 03, 2025)
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About UFP Industries: questions and answers
What does UFP Industries do?
Universal Forest Products, Inc. is a holding company that provides capital, management and administrative resources to subsidiaries that design, manufacture and market wood and wood-alternative products. Founded in 1955, the company specializes in various wood products, including those for home centers and construction. Its subsidiaries also provide framing services and outdoor living products.
Where is UFP Industries headquartered?
UFP Industries is headquartered in Grand Rapids, Michigan, United States.
How many employees does UFP Industries have?
UFP Industries has about 15,000 employees.
Who leads UFP Industries?
Scott Worthington is a President at UFP Industries.
What is the latest news on UFP Industries?
On Nov 04, 2026, UFP Industries Appoints Scott Worthington as Vice President of Investor Relations
Is UFP Industries a public company?
Yes. UFP Industries is publicly traded under the ticker UFPI.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy