UFPI acquired Rapid Wood Mfg.

二月 4, 2015
Feb 04, 2015. /Lesprom Network/. Universal Forest Products, Inc. (UFPI) closed on the acquisition of certain assets of Caldwell, Idaho-based Rapid Wood Mfg., LLC, a supplier of lumber products to the region’s manufactured housing and recreational vehicle industries. Universal’s affiliates currently serve the market on a limited basis from their Oregon manufacturing facilities, as the company said in the press release received by Lesprom Network. 

Rapid Wood Manufacturing supplies lumber products to manufactured housing and RV customers. Its expected 2015 sales are approximately $4 million. The principal of Rapid Wood, Bob Brizendine, will stay on in a management role.

“This is a good opportunity to establish a manufacturing and sales presence in Idaho, bringing us closer to some of our valued customers and expanding the strong capabilities of our organization in a growing market,” said Universal CEO Matthew J. Missad.

“Rapid Wood is a strong company that has served its customers well,” he added. “We look forward to growing their customer base and our offerings in the region, to enhancing our service to existing UFP customers, and to working with the people of Rapid Wood, who have grown a company we are proud to welcome to the Universal family.”

Universal Forest Products, Inc. is a holding company that provides capital, management and administrative resources to subsidiaries that supply wood, wood composite and other products to three robust markets: retail, construction and industrial.



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