UFP Industries Acquires C&L Wood Products to Enhance Pallet Production Capabilities

UFP Industries Expands Operations with C&L Wood Products Acquisition

UFP Industries, Inc. strengthens its position in the packaging sector through the acquisition of C&L Wood Products, Inc., a manufacturer based in Hartselle, Alabama. This acquisition, announced recently, allows UFP Packaging, LLC, a subsidiary of UFP Industries, to integrate C&L's assets into its PalletOne business unit, which is recognized as a leading machine-built pallet manufacturer in the United States. With C&L Wood Products reporting trailing 12-month sales of $24.8 million, the deal significantly enhances PalletOne's geographic footprint and production capabilities in northern Alabama, an area known for its robust demand for pallet manufacturing.

C&L Wood Products has demonstrated substantial growth since its inception in 1975, especially under the leadership of President Henry Bowman. The company expanded from a small operation with just 10 employees and less than $1 million in revenue to a workforce of approximately 115 employees, serving customers within a 150-mile radius. The acquisition not only adds valuable production capacity to UFP Packaging but also brings experienced leadership into the fold, as Henry Bowman and Operations Manager Frank Janek will continue with the company post-acquisition. Bowman's enthusiasm for the collaboration highlights the potential for innovation and growth opportunities that lie ahead for both organizations.

UFP Industries, headquartered in Grand Rapids, Michigan, operates across multiple sectors, including construction and retail solutions, and is recognized for its diverse range of value-added products. The company ranks #493 on the Fortune 500 and #128 on Industry Week’s list of America’s Largest Manufacturers, underscoring its significant operational scale. By integrating C&L Wood Products, UFP Industries not only reinforces its manufacturing capabilities but also positions itself to better serve the growing market for pallets and related products, reflecting its commitment to expanding its influence within the industry.

In addition to enhancing its operational footprint, this acquisition underscores UFP Industries' strategy of growth through targeted acquisitions. Building on its strong market presence across North America, Europe, Asia, and Australia, the company continues to seek opportunities that align with its long-term vision. The integration of C&L Wood Products is expected to create synergies that will enhance efficiency and product offerings within UFP's extensive distribution network.

As UFP Industries progresses with this acquisition, stakeholders can anticipate increased capacity and improved service capabilities in the pallet production sector, further solidifying the company's competitive advantage in the marketplace.