– Expands industrial business in Southwest; enhances opportunity with customers nationwide –
GRAND RAPIDS, Mich. — (BUSINESS WIRE) — Nov. 13, 2014 — Universal Forest Products, Inc. (NASDAQ: UFPI) today announced that one of its subsidiaries has closed on the acquisition of certain assets of Bigs Packaging and Lumber, LLC, a Dallas, Texas-based manufacturer of industrial wood and packaging solutions. The purchase by UFP Western Division, Inc. expands Universal’s industrial business and enhances its opportunities and customer base.
Founded in 2011, Bigs quickly grew its business and reputation, and has been a strong player in the industrial business in Texas and nationally. The company had sales of approximately $50 million in the past year. Bryan Bigham, the president of Bigs, will maintain his role and will continue to lead efforts to grow Bigs Packaging.
“Bryan knows how to create success, market products and lead an outstanding team. We are excited to see his team continue their growth and expand the industrial business, which is one of our key strategic goals,” said Universal CEO Matthew J. Missad.
In addition to Bigham, Andrew Hughes, industrial and packaging sales specialist, will maintain his role, as will other employees who meet Universal’s criteria for employment.
Bigham said, “It’s an honor that a corporation as strong as Universal values our company and people enough to join forces. I know Universal well and I know we’re going to do great things together. We’re anxious to help grow the industrial business, which presents so much opportunity.”