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0 0.000314136125654462 -0.000628272251308924 0.000628272251308924 0.00125654450261785 -0.00198952879581149 0.00261780104712042 0.00261780104712042
Stock impact report

UFP Industries Expands Pallet Manufacturing Network Through Acquisition [Yahoo! Finance]

UFP Industries, Inc. (UFPI) 
Last ufp industries, inc. earnings: 4/22 04:41 pm Check Earnings Report
US:NASDAQ Investor Relations: ufpinvestor.com
Company Research Source: Yahoo! Finance
real estate, of Berry Pallets, Inc., a pallet manufacturer based in Waseca, Minnesota for approximately $20 million. The transaction expands UFP Packaging's pallet manufacturing footprint and strengthens UFP Packaging's ability to serve customers across the upper Midwest. UFP Industries, Inc. (PRNewsfoto/UFP Industries, Inc.) Berry Pallets designs and manufactures new pallets from its facility in Waseca. The acquisition adds approximately $23 million in annual sales and brings 75 experienced employees into the UFP family, further deepening UFP Packaging's geographic presence in a key region. This acquisition strengthens a core business for UFP Industries and positions UFP Packaging for continued growth in the wood-based industrial packaging market. The transaction provides immediate capacity and long-term optionality to serve a growing customer base. "This acquisition is fundamentally about strengthening our core business and adding capacity where we see long-term opportunity, Show less Read more
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