{"id":797876,"date":"2025-01-06T07:32:06","date_gmt":"2025-01-06T12:32:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ufp-industries-acquires-cl-wood-products-inc\/"},"modified":"2025-01-06T07:32:06","modified_gmt":"2025-01-06T12:32:06","slug":"ufp-industries-acquires-cl-wood-products-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ufp-industries-acquires-cl-wood-products-inc\/","title":{"rendered":"UFP Industries acquires C&L Wood Products, Inc."},"content":{"rendered":"

<\/p>\n

UFP Industries acquires C&L Wood Products, Inc.<\/b><\/p>\n

— Acquisition expands national leader PalletOne\u2019s presence to Northern Alabama and Central Tennessee —<\/b><\/p>\n

GRAND RAPIDS, Mich.–(BUSINESS WIRE<\/a>)–
\nUFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Packaging, LLC, has acquired the assets of C&L Wood Products, Inc. (C&L), a manufacturer of pallets and mulch based in Hartselle, Alabama. The company had trailing 12-month sales through November 2024 of $24.8 million. C&L will operate as part of UFP Packaging\u2019s PalletOne business unit, a top manufacturer of machine-built pallets in the U.S.<\/p>\n

\nC&L\u2019s leadership team, including President Henry Bowman and Operations Manager Frank Janek, will remain with the company.<\/p>\n

\n\u201cThe addition of C&L expands PalletOne\u2019s geographic footprint, giving us new access to high-volume pallet production in northern Alabama,\u201d said Justin Elwell, executive vice president of PalletOne. \u201cIn addition, we see opportunities to expand C&L\u2019s operations to serve a wider range of customers our elite PalletOne products.\u201d<\/p>\n

\nC&L was founded in 1975 and acquired by Henry and Blythe Bowman in 1996. When acquired, C&L had 10 employees and revenue of less than $1 million. Under Henry\u2019s leadership, C&L expanded its operations, adding machinery and other facilities. Today, C&L employs approximately 115 people and serves customers within a 150-mile radius.<\/p>\n

\n\u201cWe\u2019re excited to join the leading packaging solution provider in the U.S. Both companies in this deal have great teams, and we are looking forward to bringing them together to create more wins through innovation and growth for our customers, our company and our employees,\u201d said Henry Bowman.<\/p>\n

UFP Industries, Inc.<\/b><\/p>\n

\nUFP Industries, Inc. is a holding company whose operating subsidiaries \u2013 UFP Packaging, UFP Construction and UFP Retail Solutions \u2013 manufacture, distribute and sell a wide variety of value-added products used in residential and commercial construction, packaging and other industrial applications worldwide. Founded in 1955, the company is headquartered in Grand Rapids, Mich., with affiliates in North America, Europe, Asia and Australia. UFP Industries is ranked #493 on the Fortune 500 and #128 on Industry Week\u2019s list of America\u2019s Largest Manufacturers. For more about UFP Industries, go to www.ufpi.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250106771632\/en\/<\/a><\/span><\/p>\n

\nAnnie Patnaude
\n
Director of External Relations
\n
(616) 239-7035<\/p>\n

KEYWORDS:<\/b> Tennessee Alabama Michigan United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Packaging Forest Products Residential Building & Real Estate Manufacturing Natural Resources Construction & Property<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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UFP Industries acquires C&L Wood Products, Inc. — Acquisition expands national leader PalletOne\u2019s presence to Northern Alabama and Central Tennessee — GRAND RAPIDS, Mich.–(BUSINESS WIRE)– UFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Packaging, LLC, has acquired the assets of C&L Wood Products, Inc. (C&L), a manufacturer of pallets and mulch based in Hartselle, Alabama. The company had trailing 12-month sales through November 2024 of $24.8 million. C&L will operate as part of UFP Packaging\u2019s PalletOne business unit, a top manufacturer of machine-built pallets in the U.S. C&L\u2019s leadership team, including President Henry Bowman and Operations Manager Frank Janek, will remain with the company. \u201cThe addition of C&L expands PalletOne\u2019s geographic footprint, giving us new access to high-volume … <\/p>\n

Continue reading “UFP Industries acquires C&L Wood Products, Inc.”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-797876","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nUFP Industries acquires C&L Wood Products, Inc. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ufp-industries-acquires-cl-wood-products-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UFP Industries acquires C&L Wood Products, Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"UFP Industries acquires C&L Wood Products, Inc. — Acquisition expands national leader PalletOne\u2019s presence to Northern Alabama and Central Tennessee — GRAND RAPIDS, Mich.–(BUSINESS WIRE)– UFP Industries (Nasdaq: UFPI) today announced that its affiliate, UFP Packaging, LLC, has acquired the assets of C&L Wood Products, Inc. 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