UFPI closes on purchase of Washington-based Nepa Pallet and Container
Nov 07, 2012. Universal Forest Products, Inc. announced the acquisition of the operating assets of Nepa Pallet and Container Co., Inc., a manufacturer of pallets, containers and bins for agricultural and industrial customers. The purchase was completed on Monday, November 5, 2012
Nov 07, 2012. /Lesprom Network/. Universal Forest Products, Inc. announced the acquisition of the operating assets of Nepa Pallet and Container Co., Inc., a manufacturer of pallets, containers and bins for agricultural and industrial customers. The purchase was completed on Monday, November 5, 2012, as the company said in the press release received by Lesprom Network.
Nepa was purchased by Universal’s subsidiary, UFP Washington, LLC, and will do business as Nepa Pallet and Container. The acquisition allows Universal to expand its industrial business and gain a foothold in the Pacific Northwest, two of the Company’s strategic goals. Nepa has facilities in Snohomish, Yakima and Wenatchee, Wash., and had trailing twelve month sales through September 2012 of $25 million.
“We are pleased to add the operations and people of Nepa to the Universal family of companies, and look forward to many years of growth and success in this market,” said CEO Matthew J. Missad.