“This is a strong complement to our housing and construction business, which continues to improve in the Northeast,” said Universal Forest Products, Inc. CEO Matthew J. Missad. “National Fiber has built a solid business and an excellent reputation as a leader in the cellulose insulation industry, using predominantly recycled materials. We’re delighted to add the company and its people to the Universal family of companies and look forward to growing success together for many years to come.”
Through its network of distributors, National Fiber supplies its Cel-Pak and Nu-Wool® cellulose insulation to professional cellulose installers throughout New England, New York (from Rochester to Long Island), Pennsylvania, Maryland and Delaware. It also sells special machines necessary to install the products, and offers training and technical support to installers. It was founded in 1978 and has offices and manufacturing and training facilities in Belchertown, Mass. Sales for 2014 are forecast at $12.5 million.
“At National Fiber, we pride ourselves on being at the forefront of our industry, and we’re pleased to be joining a company with a strong reputation for exceptional products and service to its customers,” said President Chris Hoch. “This is a great opportunity for our company and people and for homeowners and builders interested in an exceptionally effective, environmentally friendly product for their homes.”
National Fiber is a leading manufacturer of cellulose insulation, serving the northeastern United States with Cel-Pak and Nu-Wool insulation.
Universal Forest Products Inc. is a holding company that provides capital, management and administrative resources to subsidiaries that design, manufacture and market wood and wood-alternative products for DIY/retail home centers and other retailers, structural lumber products for the manufactured housing industry, engineered wood components for residential and commercial construction, specialty wood packaging and components for various industries, and forming products for concrete construction.
