UFP Industries acquires a 50 percent stake in Dempsey Wood Products, LLC, providing additional industrial wood sourcing capacity to support growth

June 27, 2022June 28, 2022 by LBM Daily Editor 0 Comments

UFP Industries, Inc. GRAND RAPIDS, Mich., June 27, 2022 (GLOBE NEWSWIRE) — UFP Industries (Nasdaq: UFPI) today announced that its affiliate, PalletOne, Inc., has acquired a 50 percent equity stake in Dempsey Wood Products, LLC. The purchase agreement includes options for PalletOne to purchase the remaining 50 percent of Dempsey after three years. Founded in…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

This article was originally published by Yahoo.com. Read the original article here.

Articles You May Like