Items Tagged with 'Universal Forest Products'

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Universal Forest Products reports year-end earnings spike to $23.9M

February 18, 2013
Universal Forest Products Inc. (Nasdaq: UFPI) has reported net sales of $2.1 billion in 2012, a 12.8-percent increase over 2011, and net earnings of $23.9 million or $1.21 per diluted share in 2012, compared to net earnings of $4.5 million in 2011. Read More

Universal Forest acquires Custom Caseworks, secures $75M loan

December 18, 2012
Universal Forest Products Inc. in Grand Rapids Township (Nasdaq: UFPI) has negotiated loan agreements with Prudential Investment Management Inc. totaling $75 million, which will be used to re-finance $40 million of existing notes and for expansion capital, including the acquisition of a Minnesota caseworks manufacturer. Read More

UFPI acquires Washington pallet manufacturer

October 19, 2012
Universal Forest Products Inc. of Grand Rapids Township has announced that one of its subsidiaries, UFP Washington, is expanding the company’s industrial business in the Northwest with the acquisition of the assets of Nepa Pallet and Container Co. Inc. in Washington state. Read More

Universal Forest Products' 3Q up 13.7 percent over last year

But Canadian government duties on aluminum imports from China hurt profits.

October 18, 2012
Universal Forest Products, Inc. (Nasdaq: UFPI) released third-quarter results yesterday afternoon, showing net sales of $533.4 million, an increase of 13.7 percent over net sales in the third quarter of 2011. The company also announced today that its board has approved a semi-annual dividend payment of $0.20 per share. The dividend is payable on December 15, 2012, to shareholders of record on December 1, 2012. Read More