Two key concrete forming specialists from SE Panel, Mark McBride and Calvin Dodson, who are well-regarded in the industry and have years of experience in concrete forming, will join the companies of Universal to guide and grow the efforts in that market and business. SE Panel’s General Manager Barry Hill intends to join Olympic Panel in a market development role.
“This acquisition enhances our position in the marketplace, brings to us the superior products of Olympic Panel® and seasoned salespeople with solid relationships, and helps us expand our footprint in the Southeastern United States,” said UFPI CEO Matthew J. Missad.
“This is a great opportunity for our company and people,” added Kurt Liebich, CEO of Wood Resources, the holding company of SE Panel and Lumber. “Universal’s national presence gives us the opportunity to grow sales of our Olympic Panel® overlaid panels with an industry leader.”
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.
