About Universal Forest Products
Universal Forest Products is a company based in Grand Rapids (United States) founded in 1955.. The company has 15,000 employees as of December 31, 2024. Universal Forest Products has completed 17 acquisitions, including Castellan, Cedar Poly and Expert Packaging. Universal Forest Products offers products and services including Packaging Solutions and Construction Materials. Universal Forest Products operates in a competitive market with competitors including Martin Marietta, StepStone Group, Summit Materials, PrimeSource and Kodiak Building Partners, among others.
- Headquarter Grand Rapids, United States
- Employees 15000 as on 31 Dec, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ufp Industries, Inc.
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Annual Revenue
$6.65 B-7.84as on Dec 31, 2024
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Net Profit
$398.46 M-18.54as on Dec 31, 2024
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EBITDA
$639.86 M-18.41as on Dec 31, 2024
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Latest Funding Round
$375 M (USD), Debt – Conventional
Nov 01, 2018
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Investors
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Employee Count
15000
as on Dec 31, 2024
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Investments & Acquisitions
Castellan
& 16 more
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IPO & Listings of Universal Forest Products
Universal Forest Products is a publicly listed company on the NASDAQ with ticker symbol UFPI in USA, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Universal Forest Products
Universal Forest Products offers a comprehensive portfolio of products and services, including Packaging Solutions and Construction Materials. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Products for industrial and value-added packaging applications worldwide.
Materials for residential and commercial building projects globally.
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Leadership Team
36 people
Operations Team
30 people
Software Development Team
27 people
Sales and Marketing
25 people
Product Management Team
18 people
Finance and Accounting
11 people
Plant Team
11 people
Senior Team
10 people
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Funding Insights of Universal Forest Products
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $375.0M
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First Round
First Round
(01 Nov 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Debt – Conventional - Universal Forest Products | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Universal Forest Products
Universal Forest Products has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include Castellan, Cedar Poly and Expert Packaging. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Non-metal based pressure impregnated preservatives are manufactured.
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2019 | ||||
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Investment and financial advisory services are provided by Castellan.
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2018 | ||||
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Doors, lock sets, and building materials are distributed nationwide.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Universal Forest Products
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Universal Forest Products Comparisons
Competitors of Universal Forest Products
Universal Forest Products operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Martin Marietta, StepStone Group, Summit Materials, PrimeSource and Kodiak Building Partners, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Supplier of building materials
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| domain | founded_year | HQ Location |
Diversified asset management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors
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| domain | founded_year | HQ Location |
Concrete, aggregates, and other building materials are supplied.
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| domain | founded_year | HQ Location |
Distributor of Building Materials
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| domain | founded_year | HQ Location |
Building materials are distributed for residential and commercial construction.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Universal Forest Products
Frequently Asked Questions about Universal Forest Products
When was Universal Forest Products founded?
Universal Forest Products was founded in 1955 and raised its 1st funding round 63 years after it was founded.
Where is Universal Forest Products located?
Universal Forest Products is headquartered in Grand Rapids, United States. It is registered at Grand Rapids, Michigan, United States.
Who is the current CEO of Universal Forest Products?
Matt Missad is the current CEO of Universal Forest Products.
How many employees does Universal Forest Products have?
As of Dec 31, 2024, the latest employee count at Universal Forest Products is 15,000.
What is the annual revenue of Universal Forest Products?
Annual revenue of Universal Forest Products is $6.65B as on Dec 31, 2024.
What does Universal Forest Products do?
Universal Forest Products was founded in 1955 in Grand Rapids, United States, and operates within the manufacturing sector focused on construction materials and home furniture. Products are distributed across North America, supporting building and residential markets. In 2022, annual revenues reached 9.62 billion, while net profit stood at 0.69 billion. Leadership is provided by CEO Matt Missad, overseeing operations from the companys domain at ufpi.com.
Who are the top competitors of Universal Forest Products?
Universal Forest Products's top competitors include Summit Materials, StepStone Group and PrimeSource.
What products or services does Universal Forest Products offer?
Universal Forest Products offers Packaging Solutions and Construction Materials.
Is Universal Forest Products publicly traded?
Yes, Universal Forest Products is publicly traded on NASDAQ under the ticker symbol UFPI.
How many acquisitions has Universal Forest Products made?
Universal Forest Products has made 17 acquisitions, including Castellan, Cedar Poly, and Expert Packaging.
What is Universal Forest Products's ticker symbol?
The ticker symbol of Universal Forest Products is UFPI on NASDAQ.
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