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0 0.000133291864753193 0.000133291864753193 0.00484382636513089 0.00262140667347938 0.0064975341005022 0.00359888034833608 0.00379259785844417
Stock impact report

UFP Industries acquires pallets manufacturer C&L Wood Products [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
C&L Wood Products reported trailing 12-month sales through November 2024 amounting to $24.8m. The acquisition will see C&L Wood Products becoming a part of UFP Packaging's PalletOne business unit, which operates as a machine-built pallet manufacturer in the US. UFP Packaging PalletOne executive vice-president Justin Elwell said: “The addition of C&L expands PalletOne's geographic footprint, giving us new access to high-volume pallet production in northern Alabama. “In addition, we see opportunities to expand C&L's operations to serve a wider range of customers [with] our elite PalletOne products.” As per the terms of the deal, C&L Wood Products' president Henry Bowman and operations manager Frank Janek will continue their roles within the company. Bowman said: “We're excited to join the leading packaging solution provider in the US. Both companies in this deal have great teams, and we are looking forward to bringing them together to create more wins through innovation and g Show less Read more
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