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Stock impact report

UFPI closes on acquisition of North American Container Corporation; Company is also among the biggest climbers on this year’s Fortune 1000 list, at #610

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: GlobeNewswire
GRAND RAPIDS, Mich., June 04, 2018 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (NASDAQ: UFPI) today announced that one of its subsidiaries has closed on the purchase of the operating assets of North American Container Corp. (NACC), a Marietta, Ga.-based manufacturer of structural packaging products. The previously announced acquisition expands Universal’s capabilities and market opportunities by adding steel, corrugated and hardwood packaging to its growing portfolio of industrial products. NACC has nine manufacturing facilities in Georgia, South Carolina, Tennessee and Wisconsin. Founded in 1967, it had sales of approximately $71 million in 2017. NACC offers several proprietary packaging designs and holds a number of patents. The acquisition enhances Universal’s capacity and allows the company to expand into geographic areas identified as opportunities for growth, including South Carolina and Tennessee; offer existing and targeted customers additional solutions for packagi Show less Read more
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