Deckorators Summit Decking Selected as a Good Housekeeping 2027 Home Reno Awards Winner

(NASDAQ:UFPI) UFP Industries, Inc. announced that its Deckorators brand's Summit decking featuring Surestone technology was named a winner in Good Housekeeping's 2027 Home Reno Awards. Summit decking was selected for its durability, strength, and lightweight handling. Good Housekeeping's Home Improvement & Outdoor Lab conducted tests showing the composite decking resisted tough stains such as mustard and grape juice. The product also excelled in impact tests simulating heavy objects falling on the surface, such as a tree branch or a cast-iron grate from a gas grill. Testing revealed that Summit is about a third lighter than other composite decking, making installation easier. Michelle Hendricks, Deckorators director of marketing, stated that Summit was designed for all kinds of outdoor living and brings Surestone technology to homeowners at a price that works for more projects. The Good Housekeeping Institute's evaluation process included sending products into consumer homes for real-world testing and judging on quality, value, efficiency, sustainability, and design appeal. This is the second industry honor for Summit this fall, as it was named a finalist in the 2026 Home Depot Innovation Awards in October. Summit decking delivers traction, stability, and moisture performance for decks, docks, and other demanding environments. Product features include a fully capped stain-, scratch-, and fade-resistant surface, cooler underfoot comfort, enhanced traction in wet and dry conditions, and stable performance with minimal expansion and contraction through temperature changes. Summit decking comes with 25-year structural and stain-and-fade limited warranties. Deckorators is a brand of UFP Retail Solutions, LLC, a UFP Industries, Inc. company. UFP Industries, Inc. is headquartered in Grand Rapids, Michigan, and has affiliates in North America, Europe, Asia, and Australia.

UFP Industries Expands Pallet Manufacturing Network Through Acquisition of Apache Products

(NASDAQ:UFPI) UFP Industries, Inc. announced the acquisition of the operating assets, including real estate, of Apache Products, Inc. dba Acme Skid, a pallet manufacturer based in Silsbee, Texas, for approximately $27 million. The transaction expands UFP Packaging's pallet manufacturing footprint and strengthens the company's ability to serve customers throughout the Gulf Coast, which is described as one of the country's largest industrial and petrochemical markets. Apache Products designs and manufactures stringer and heat-treated pallets from its Silsbee facility. The acquisition adds approximately $55 million in annual sales to UFP Industries and brings 165 employees into the company. The addition strengthens a core business for UFP Industries and expands UFP Packaging's PalletOne network with immediate capacity and a strong platform for long-term growth. Will Schwartz, chief executive officer of UFP Industries, stated that Apache is an established market leader with long-standing customer relationships, a disciplined operation, and an experienced team with a proven track record of execution. Schwartz also noted that the acquisition aligns with other investments made by UFP Industries in 2026, broadening the company's reach into a strategically important geography and creating opportunities to grow with national customers across the region. The Apache facility will be integrated into UFP Packaging's existing pallet manufacturing network, leveraging UFP's operational scale, national customer relationships, and broader packaging platform while maintaining Apache's local expertise and customer focus. Scott Worthington, president of UFP Packaging, stated that the Gulf Coast is one of the country's most important industrial packaging markets, driven by concentrated manufacturing, energy, and petrochemical activity, and that the Apache team will expand UFP's ability to support customers through greater efficiency, scale, and access to a larger range of packaging solutions. The acquisition underscores UFP Industries' continued focus on investing in core businesses, expanding manufacturing capacity to serve regional and national customers, and strengthening the competitive position of its operating companies across packaging and industrial markets. The transaction is expected to close on or around November 16, 2026. UFP Packaging is described as a leading provider of comprehensive industrial packaging solutions and the largest producer of wood pallets and crates in the United States. UFP Industries, Inc. is a holding company whose operating subsidiaries manufacture, distribute, and sell value-added products for the retail, construction, and industrial markets throughout North America, Europe, Asia, and Australia.

UFP Industries to Expand Structural Packaging Capacity with New South Carolina Manufacturing Facility

(NASDAQ:UFPI) UFP Industries, Inc. announced plans to establish a new UFP Packaging manufacturing facility in Cherokee County, South Carolina, expanding its Structural Packaging capacity. The project is expected to create 136 new jobs over five years and represents an investment of approximately $5.31 million in real property, machinery and equipment. The facility will manufacture wood packaging products and strengthen UFP Packaging's ability to serve industrial customers, especially those with highly-technical needs, across the Southeast and beyond. UFP Packaging serves industrial, manufacturing and logistics customers with a broad portfolio of packaging products and services, including structural packaging, pallet solutions and protective packaging. Its Structural Packaging business designs and manufactures custom wood, steel, foam and mixed-material packaging solutions for customers with demanding shipping, storage and product-protection requirements. The planned South Carolina facility will position UFP Packaging closer to important industrial customers and transportation corridors while increasing production flexibility across its national manufacturing network. The project remains subject to customary approvals and finalization of related agreements.

UFP Industries Announces Second Quarter 2026 Results

(NASDAQ:UFPI) UFP Industries, Inc. reported second quarter 2026 net sales of $1,882,937,000, an increase of 2.6% compared to $1,835,374,000 in the same period of 2025, driven by a 1% increase in organic units and a 2% increase due to acquisitions. Diluted earnings per share were $1.48, down from $1.70 a year ago, and net earnings attributable to controlling interests were $83,171,000 compared to $100,871,000 in 2025. Adjusted EBITDA for the quarter was $154,480,000, or 8.2% of net sales, versus $174,147,000, or 9.5% of net sales, a year ago, as transportation costs increased by 1.6% as a percent of net sales. Cash flows from operating activities in the first six months of 2026 were $61,000,000, while free cash flow of $198,000,000 was used to repurchase nearly $142,000,000 of shares. The company completed three acquisitions in the quarter: MoistureShield, Inc. for $55,000,000, John Rock, Inc. for $47,000,000, and Berry Pallets, Inc. for $20,000,000. UFP Industries had liquidity of approximately $1,900,000,000 as of June 27, 2026, including over $597,000,000 in cash and cash equivalents and $1,300,000,000 in remaining availability under its revolving credit facility and shelf agreement. The company projects to deliver the remaining $25,000,000 or more from its initial $60,000,000 cost out program by year end and expects to invest approximately $175,000,000 to $200,000,000 on capital projects for the balance of 2026.

Edge Introduces Arris and Redefines the Exterior Trim Category

(NASDAQ: UFPI) UFP Industries, through its Edge brand, announced the launch of Arris™, a premium mineral-based composite trim made with proprietary Surestone® technology. The product will be on display at the Southeast Building Conference (SEBC) July 29–30, 2026, in Orlando, Florida. Arris trim is available now in an S1S2E profile, with an S4S profile to follow, and comes in widths ranging from 4–12 inches and nominal 1x and 5/4x thicknesses, launching in 20-foot lengths. Edge is a leading provider of trim, siding, and interior accents, with products sourced and manufactured in North America. UFP Industries, Inc. is headquartered in Grand Rapids, Michigan, and has affiliates in North America, Europe, Asia and Australia. The company was founded in 1955. The use of Surestone technology, first proven in premium Deckorators® decking, sets a new standard for durability and ease of installation.

UFP Packaging Expands National Pallet Manufacturing Network, Strengthening Coast-to-Coast Reach

UFP Packaging, a division of UFP Industries (NASDAQ: UFPI), has acquired the operating assets of three locations of John Rock, Inc. and Berry Pallets, Inc. These acquisitions expand UFP Packaging's pallet manufacturing network into the Northeast and Upper Midwest. John Rock adds approximately $82 million in annual revenue and nearly 250 employees, while Berry Pallets contributes approximately $23 million in annual revenue and 75 employees. Combined, the acquisitions add more than $105 million in annual revenue and approximately 375 employees to UFP Packaging's PalletOne network. This move strengthens UFP Packaging's ability to serve large, multi-region customers and supports its capital allocation strategy.

UFP Industries Expands PalletOne's northeast Footprint Through Acquisition of John Rock, Inc.

UFP Industries (NASDAQ: UFPI) announced the acquisition of the operating assets of John Rock, Inc., a new pallet manufacturer, for approximately $48 million. The deal includes three of John Rock's four operating locations and adds approximately $82 million in annual sales, as well as nearly 250 employees to UFP Industries. The acquisition aims to strengthen UFP Packaging's ability to serve national customers in the northeast region and expand PalletOne's scale. The transaction is expected to provide immediate manufacturing and service continuity and a platform for operational improvement and long-term growth. This move underscores UFP Industries' focus on investing in its core businesses and expanding manufacturing capacity in key markets.

UFP Industries Announces First Quarter 2026 Results

UFP Industries, Inc. (NASDAQ:UFPI) reported first quarter 2026 results with net sales of $1.46 billion, an 8 percent decrease from $1.6 billion a year ago, primarily due to a 1 percent decrease in price and a 7 percent decline in organic units. Diluted earnings per share were $0.89 compared to $1.30 a year ago, and net earnings attributable to controlling interests were $51 million versus $79 million last year. Adjusted EBITDA was $111.4 million, or 7.6 percent of net sales, down from 8.9 percent a year ago. The company completed a $56 million acquisition and repurchased $30 million of shares, while maintaining liquidity of approximately $2.0 billion as of March 28, 2026. UFP Industries expects to invest $250 million to $275 million on capital projects in 2026 and continues to pursue strategic acquisitions and organic investments.

UFP Packaging Expands Upper Midwest Pallet Manufacturing Footprint with Acquisition of Berry Pallets

UFP Packaging, a division of UFP Industries (NASDAQ: UFPI), announced the acquisition of Berry Pallets, Inc., a pallet manufacturer based in Waseca, Minn. This transaction expands UFP Packaging's national pallet manufacturing network into the Upper Midwest and supports its strategy of investing in core, higher-margin businesses. UFP Packaging is described as the largest producer of wooden pallets and crates in the United States and a leading North American provider of industrial packaging solutions. The acquisition is part of UFP Industries' capital allocation strategy, which emphasizes disciplined M&A and manufacturing capacity expansion. The move is expected to create efficiencies and value for national customers across North America.

UFP Industries Expands Pallet Manufacturing Network Through Acquisition

UFP Industries (NASDAQ: UFPI) announced the acquisition of the operating assets, including real estate, of Berry Pallets, Inc. for approximately $20 million. The acquisition adds approximately $23 million in annual sales and brings 75 experienced employees into the UFP family. The transaction expands UFP Packaging's pallet manufacturing footprint and strengthens its ability to serve customers across the upper Midwest. The transaction is expected to close on or around May 18, 2026.

UFP Construction President Patrick Benton Accepts Key Role in UFP Industries' Future, Mike Ellerbrook to Assume Role as President of UFP Construction

UFP Industries (NASDAQ: UFPI) announced the creation of a new executive role as part of its accelerated acquisition strategy. President and CEO Will Schwartz made the announcement on April 22, 2026. The new role is designed to maximize the value of newly acquired businesses and strengthen the company. This move is part of UFP Industries' ongoing efforts to enhance its acquisition strategy. The announcement was made in Grand Rapids, Mich.