UFP Industries announced the acquisition of the operating assets, including real estate, of Berry Pallets, Inc., a pallet manufacturer based in Waseca, Minnesota, for approximately $20 million. The transaction is expected to close on or around May 18, 2026, UFP Industries announced.
Berry Pallets designs and manufactures new pallets from its facility in Waseca. The acquisition adds approximately $23 million in annual sales and brings 75 employees into UFP Packaging.
The Berry Pallets facility will be integrated into UFP Packaging’s existing pallet manufacturing network, including the PalletOne network. UFP plans to use its operational scale, procurement advantages, and national customer relationships while maintaining Berry Pallets’ local expertise and customer focus.
The acquisition expands its pallet manufacturing footprint in the upper Midwest and strengthens its ability to serve customers across the region.
