Universal Forest acquires $50M lumber supplier
A Universal Forest Products subsidiary has acquired “certain assets” of a Texas-based maker of industrial wood and packaging products.
Grand Rapids-based Universal Forest said last week that the acquisition of Bigs Packaging and Lumber in Dallas by its UFP Western Division expands Universal’s industrial business and enhances its opportunities and customer base.
Founded in 2011, Bigs Packaging and Lumber has grown its "business and reputation" to become “a strong player in the industrial business in Texas and nationally.”
The company had sales of about $50 million in the past year.
Bryan Bigham, president of Bigs, will maintain his role and continue to lead efforts to grow Bigs Packaging and Lumber.
Andrew Hughes, industrial and packaging sales specialist, will also maintain his role, as will other employees who meet Universal’s criteria for employment.
“It’s an honor that a corporation as strong as Universal values our company and people enough to join forces,” Bigham said. “I know Universal well, and I know we’re going to do great things together. We’re anxious to help grow the industrial business, which presents so much opportunity.”
Matthew Missad, Universal Forest’s CEO, said that Bigham “knows how to create success, market products and lead an outstanding team.”
“We are excited to see his team continue their growth and expand the industrial business, which is one of our key strategic goals,” Missad said.
Universal Forest Products, founded in 1955, is a holding company that provides capital, management and administrative resources to subsidiaries that supply wood, wood composite and other products to the retail, construction and industrial markets.