1955
William F. Grant becomes the principal shareholder and sole representative.
1962
Peter F. Secchia, a graduate of Michigan State University, joins the company.
1970
Universal acquires the assets of a lumber yard in Thomasville, Georgia. The plant moves to Moultrie, Georgia, and Universal establishes its position in the southeastern market.
1971
The company has a revenue of $12 million. Sales Vice President Peter F. Secchia takes control of the company. Bill Currie, the current chairman of the board, joins the company as a salesman. Universal's Pennsylvania Forest Products opens in St. Clair, Pennsylvania, but will eventually be replaced by the current Gordon facility.
1972
Florida Component Products opens in Auburndale, Florida, serving the retail industry and the residential construction market in the state. The trust fund 'The Universal Employee's Profit Sharing and Retirement Trust Fund' is established to reward long-term employees for their part in the success of the company. Although not required to offer such a plan, Universal wanted to assist its loyal workers with their retirement.
1974
Universal then moves to the Mid-Atlantic, opening a new lumber yard and manufacturing plant in North Carolina, located between High Point and Charlotte, just outside Salisbury. Universal's first acquisition occurs in the important mobile home, recreational vehicle, and manufactured housing sector in northern Indiana with the purchase of the assets of Lumber Specialties of Granger, Indiana.
1978
Current CEO Matthew Missad joins Universal's maintenance team as a 'lawn boy'. (He will finance his high school and college education by borrowing money from the company to pay for law school and will repay it by working full-time for the company after graduation.) The first orders are shipped from New Warrens, Wisconsin. A new addition follows at Grandview, Texas Forest Products. The Florida plant produces its first batch of treated wood.
1979
Universal Products ships its first treated wood delivery to Home Depot.
1981
The Gordon plant in Pennsylvania becomes operational in January.
1982
Universal purchases a large wood treatment plant in Union City, Georgia, and rebuilds it. Universal completes construction of a manufacturing and distribution plant, which includes a treatment plant in Belchertown, Massachusetts, to serve customers in New England.
1983
Universal Forest Products reorganizes into five geographic divisions: Northeast, Atlantic, Southeast, Midwest, and Southwest, and begins operating all regional facilities under the Universal Forest Products division.
1984
Universal opens the Windsor plant in Colorado.
1985
Current CEO Matt Missad takes a full-time position with the company as compliance manager. Ian Stalker, an international authority on pressure-treated wood preservation, joins Universal as vice president of wood preservation. Universal has since maintained its expertise and leadership in wood preservation by keeping a staff of experts. The Janesville, Wisconsin, plant opens to meet the growing demand for treated wood in the Chicago, Milwaukee, and Madison markets.
1988
Universal opens a large multi-market pressure treating facility in Ranson, West Virginia, to serve the greater Tidewater region, encompassing Pittsburgh, Philadelphia, Baltimore, Washington DC, and Richmond.
1989
Peter Secchia is appointed United States Ambassador to Italy by President George H.W. Bush, and Bill Currie succeeds Peter Secchia as CEO. Universal acquires a planing and distribution facility in Woodburn, Oregon, then the inventory of a lumber distributor in Madison, Wisconsin (which merged with Janesville). Having become the largest national producer of pressure-treated wood, Universal purchases land and equipment for constructing a treatment facility in Saginaw, Texas (between Dallas and Ft. Worth).
1991
Universal acquires a fencing manufacturing facility in Lacolle, Quebec.
1992
The Salisbury, North Carolina, plant relocates to a new state-of-the-art site and adds wood treatment facilities.
1993
Universal becomes a public company, issuing 5.7 million shares, providing $20 million in additional equity. Universal buys five of Chesapeake Corporation's wood treatment facilities along with the equipment of its sixth.
1995
Universal opens a treatment plant in Harrisonville, Missouri.
1996
Universal acquires three facilities from Hi-Tek Forest Products.
1997
Universal consolidates its five regional operating companies into two divisions, each with a purchasing office: the eastern division is based in Union City, Georgia, just outside Atlanta, and the western division is in Windsor, Colorado, just outside Denver. The company announces Performance 2002, a profitability growth initiative for the years to come. Universal enters the site construction market by purchasing Consolidated Building Components (with locations in Emlenton and Parker, Pennsylvania) as well as Structural Lumber Products (with a facility in San Antonio, Texas). This marks the beginning of new and significant growth for Universal. The site in Moultrie, Georgia, adds a wood preservation facility to its manufacturing and distribution operations. Universal then acquires the Great Northern Wood Preserving treatment facility in Lodi, Ohio.
1998
Less than a year after entering the construction market, Universal becomes the largest manufacturer of residential structural materials in the country with the acquisition of Shoffner Industries, Inc., the leading producer of roof and floor trusses for industrial and residential builders. Shoffner, headquartered in Burlington, North Carolina, operates 14 facilities across seven states. Universal strengthens its market presence with the acquisition of Advances Component Systems, Inc. from Lafayette, Colorado, a producer of roof trusses, engineered building components, and lumber products. Universal cements its position in industrial packaging products in North Carolina. This is Universal's first acquisition in the industrial market. Universal acquires a 45% stake in Pino Exporta from Durango, Mexico, which is later renamed Pinelli Universal. (Universal will later purchase another 5%.) Pinelli manufactures moldings and millwork products for North American customers.
1999
Universal acquires two lumber treatment facilities from Louisiana Pacific Corp. in New Waverly and Silsbee, Texas. Universal acquires a treatment facility in Schertz, Texas. Universal builds a facility in Liberty, North Carolina. Universal acquires a lumber treatment facility in Blanchester, Ohio. Universal acquires Gang-Nail Components, Inc. in Fontana, California, a manufacturer of engineered roof trusses, and renames it Universal Truss, Inc. Universal acquires the Open Joist manufacturing facility in Elkhart, Indiana, from Banks Corporation.
2001
Universal acquires 50% of the assets of D&R Framing Contractors of Englewood, Colorado. Universal buys the assets of Sunbelt Wood Components’ lumber facilities in New London, N.C. and Ashburn, Georgia, to serve the residential and industrial construction markets. Universal acquires the assets of the Superior Truss division of Banks Corp., with a facility in Minnesota, Minn. (It later merges with White Pigeon, Michigan). Universal acquires the assets of P&R Truss, which has four facilities in New York State. Universal becomes the exclusive distributor of the new engineered decking products for residential terraces from Willamette Industries.
2002
Peter Secchia retires from the workforce. Universal is mentioned in Forbes magazine's Platinum 400, an annual ranking of the 400 top-performing American companies with annual revenues over $1 billion. Universal climbs 79 positions on Fortune's annual list of the largest American companies and is now ranked 842nd. Universal acquires certain assets and enters into an exclusive licensing agreement with InnoTech Plastics, Inc., a Springfield-based company, opening the door to the wood replacement products industry. Universal announces plans to open its first manufacturing plant in Michigan, in White Pigeon, just north of the Indiana border. Universal acquires a Quality Wood Treating Co. Inc. facility located in Prairie du Chien, Wisconsin, which manufactures EverX composite decking.
2003
Universal purchases two facilities from Quality Wood Treating Company - one in Lansing, Michigan, and another in Janesville, Wisconsin. Universal rises to 769th place on Fortune 1000's ranking. Universal is listed among the top 50 American manufacturers by Industry Week magazine. Sales reach $1.89 billion.
2004
Universal is again named in Forbes magazine's Platinum 400, its annual ranking of the 400 top-performing U.S. companies with annual revenues over $1 billion. In February, the television show Money Gang from CNN names Universal 'Stock Pick of the Day'. Universal expands the TechTrim line to include composite products with a finished two sides and corner trim panels. Following its commitment to grow its framing business, Universal announces an investment in the largest multifamily structural supplier in Massachusetts, Shawnlee Construction, LLC., based in Plainville, Massachusetts. Shawnlee has been established in the field for over 30 years. Universal acquires the assets of Midwest Building Systems, Inc. in Indianapolis, Indiana.
2005
Universal celebrates 50 years in business. As part of its anniversary celebrations, the company donates over $200,000 in cash, materials, and labor to Habitat for Humanity, through Universal in the U.S., Canada, and Mexico. For the sixth time in seven years, Universal is named to Forbes' Platinum 400 list. Annual sales reach $2.7 billion. Universal acquires the assets of Maine Ornamental Woodworkers, Inc., a leader in manufacturing and distributing decorative caps for deck and fence posts. Universal acquires an additional 25% stake in Shawnlee Construction, LLC, and agrees to purchase the remaining 25% over the next five years. (The company already owned 50% of Shawnlee since 2004). Additionally, Shawnlee Construction announces the acquisition of assets and the assumption of certain responsibilities of Shepardville Construction, Inc. and AW Construction, LLC, which install interior products such as baseboards, moldings, window sills, casings, doors, and cabinets for commercial and multifamily construction projects. In October, Universal Consumer Products, Inc. is launched; a wholly-owned subsidiary aimed at creating new distribution networks for the company's growing product line. Universal acquires the leading importer and distributor of decorative railings, Deckorators. Universal acquires certain assets of Dura-Bilt Mfg. Co., a manufacturer of trusses and flooring based in Riverbank, California. Its name is changed to Dura-Bilt Truss. Universal announces that its wholly-owned subsidiaries have agreed to acquire the assets and assume certain responsibilities of GeoMatrix, Inc., a major developer and supplier of lattice and other exclusive plastic products. Universal signs a letter of intent to acquire all shares of Aljoma Lumber, Inc., giving it a significant presence in the south Florida and Caribbean markets. Aljoma is the leading manufacturer of treated wood and industrial products there. Universal announces that the company's wholly-owned subsidiaries have agreed to acquire assets from the Banks Lumber division of Banks Corporation. Universal grants exclusive distribution of its Latitudes branded decking and railing products in the New England market to Boston Cedar and Millwork, based in Holbrook, Massachusetts. Founded in 1985, Boston Cedar is a major distributor of high-quality wood products, serving several lumber retailers in the northeastern U.S. The residential construction market begins to show signs of weakness.
2007
JF Granger is appointed Vice President and General Manager of Sales and Marketing. Universal completes the acquisition of Aljoma Lumber, Inc. Universal wins the prestigious 2006 Editors Choices award from ProSales, the industry's leading trade publication, for its micro-treated wood ProWood. MicroPro from Osmose is the first and only wood preservation technology in the world to earn the prestigious Green Cross recognition, characterizing it as an environmentally friendly product (EPP); ProWood from Universal is treated with MicroPro. Universal adds concrete shaping to its growing product line.
2008
The company acquires International Wood Industries, Inc. in Turlock, California. Universal is named one of Fortune magazine's Most Admired Companies. Universal acquires D Stake Mill, Inc. in McMinnville, Ore., as well as Manufacturing Country in Independence, Oregon. Universal’s facilities in Ranson, West Virginia; Windsor, Colorado; Chandler, Arizona; San Antonio, Texas; New Waverly, Texas; Woodburn, Oregon; Thornton, California; and Riverside, California, earn certification for the Forest Stewardship Council (FSC) traceability chain.
2009
Pat Webster is appointed President and Chief Operating Officer of Universal Forest Products in January. Dick Frazer succeeds Pat Webster as President of the Western Division. The company forms the PACS unit - Packaging and Container Solutions — providing packaging solutions to original equipment manufacturers and other industrial customers. Universal launches Outdoor Essentials, a decorative lawn and garden product line.
2010
The innovative PicketLock vinyl fencing system is launched and offered at home improvement retailers.
2011
Matthew J. Missad is named the fifth CEO in the company’s history. Several executive appointments follow: Allen Peters becomes President of the Western Division; J.J. Granger is named Vice President and General Manager of Universal Consumer Products; Don James is named Vice President of National Sales; Scott Greene is named Vice President and General Manager of Business Development. Universal announces growth strategies that include adding new products and new markets, as well as opening new intercontinental opportunities. An international team is created to achieve these goals. Universal opens a new plant in Salisbury, N.C. Universal opens a new plant in Selma, Alabama, to manufacture products with new exclusive technology.
2012
Universal launches its new premium brand of pressure-treated wood, ProWood. Universal acquires Nepa Pallet and Container, a manufacturer of pallets, containers, and bins for agricultural and industrial customers with three locations in Washington.
2013
Universal acquires Custom Caseworks of Sauk Rapids, Minnesota, a manufacturer of retail products including lighting, commercial furniture, office furniture, laminated and painted wood panels, and other products.
2015
Universal introduces a new line of composite decking under the Deckorators brand. Universal celebrates its 60th anniversary. Universal acquires a majority stake in Integra Packaging Proprietary, Ltd, a manufacturer and distributor of integrated packaging products based in Brisbane, Australia. Universal acquires Caldwell, Idaho-based Rapid Wood Mfg., LLC, a supplier of lumber products for residential construction and recreational vehicle manufacturing in the area. CEO Matt Missad is named one of Fortune magazine's Business People of the Year, an annual ranking of the top 50 business executives in the world.
2020
GRAND RAPIDS, Michigan, Thursday, January 2, 2020 - Universal Forest Products, Inc. (NASDAQ: UFPI) announced today that it has completed the reorganization of its operations and now operates under the name UFP Industries, a change announced in August 2019. The name UFP Industries more accurately describes the company today. 'We are no longer just a forest products or lumber company,' said CEO Matthew J. Missad. 'Over the years, we have transitioned from a lumber wholesaler to a manufacturer of mixed materials and a solution provider serving thousands of commercial customers. Our new segments - UFP Retail, UFP Construction, and UFP Industrial - will be much more focused on their respective markets, and with the leadership teams now in place, we anticipate faster time to market, better alignment of products and customers, and more efficient use of capital. 'This is a truly exciting time for us as we unleash the full power of our employees to seize the opportunities ahead and grow our business.' UFP Industries has approximately 211 locations and over 15,000 employees worldwide. Prior to the reorganization, UFP's subsidiaries were organized by region; now they are organized by market.