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Slide #8. Universal Forest Products, Inc. — Certain assets of Container Systems, Inc.
Universal Forest Products, Inc. (NASDAQ:UFPI)
Certain assets of Container Systems, Inc.
Universal Forest Products, Inc. (NASDAQ:UFPI) today announced that one of its subsidiaries has purchased certain assets of Container Systems, Inc. (CSI), a manufacturer of crates and containers for industrial applications and the moving-and-storage industry, located in Franklinton, N.C. The transaction closed on March 14, 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, structural lumber and other products for the manufactured housing industry, engineered wood components for residential and commercial construction, specialty wood packaging, components and packing materials for various industries, and customized interior fixtures used in a variety of retail and commercial structures. In addition, Co. provides a portfolio of outdoor living products, including wood and wood composite decking and related accessories and decorative lawn and garden products.
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Strong Buy (3.50 out of 4)