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Slide #23. Universal Forest Products Inc. — Assets of National Fiber
Acquirer:
Universal Forest Products Inc. (NASDAQ:UFPI)
Acquiree:
Assets of National Fiber
Details:
Universal Forest Products Inc. (NASDAQ:UFPI) today announced that one of its subsidiaries has agreed to purchase the assets of National Fiber, a leading manufacturer of cellulose insulation located in Belchertown, Mass., that serves major markets in the northeastern United States. The transaction is expected to close by January 31, 2014.
UFP Industries is a holding company. Through its subsidiaries, Co. designs, manufactures and markets wood and wood-alternative products for national home centers and other retailers; roof trusses, structural lumber and panels, and other products for the manufactured housing industry; engineered wood components for residential and commercial construction, customized interior fixtures, millwork, and casework used in retail, commercial and other structures; and structural wood packaging, other packing materials, and OEM components for various industries. Co. also provides wood and wood composite decking and related accessories, decorative lawn and garden products and craft and hobby products.
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Buy (2.80 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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