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Stock impact report

UFP Industries acquires C&L Wood Products, Inc.

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: Business Wire
-- Acquisition expands national leader PalletOne’s presence to Northern Alabama and Central Tennessee -- GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Packaging, LLC, has acquired the assets of C&L Wood Products, Inc. (C&L), a manufacturer of pallets and mulch based in Hartselle, Alabama. The company had trailing 12-month sales through November 2024 of $24.8 million. C&L will operate as part of UFP Packaging’s PalletOne business unit, a top manufacturer of machine-built pallets in the U.S.C&L’s leadership team, including President Henry Bowman and Operations Manager Frank Janek, will remain with the company.“The addition of C&L expands PalletOne’s geographic footprint, giving Read more
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