Universal Forest Products Acquires Texas Lumber Firm
A subsidiary of Grand Rapids-based Universal Forest Products Inc. (UFPI) has acquired certain assets of Dallas-based Bigs Packaging and Lumber LLC, the company announced today.
Founded in 2011, Bigs Packaging is a manufacturer of industrial wood and packaging solutions. It generated $50 million in sales over the past year. Two key Bigs executives, President Bryan Bigham and Industrial and Packaging Sales Specialist Andrew Hughes, will join UFP.
The deal will help expand Universal’s industrial business and grow its customer base, according to a statement.
“I know Universal well and I know we’re going to do great things together,” Bigham said. “We’re anxious to help grow the industrial business, which presents so much opportunity.”
Latest News
Lumber Futures Climb To 8-Year High
Lumber futures have climbed to their highest level since 2005 and they have gained around 9% this year, with most of that gain seen just this month as the outlook for U.S. housing improves. “Lumber,…
Bat-Killing Fungal Disease Has U.S. Lumber Firms Fighting States
Greg Turner hoisted himself up with a rope from an unlighted 20-foot pit in an abandoned mine in Durham, Pennsylvania. His task of counting bats didn’t take long — just seven where five years ago…
Looming Lumber Shortage Expected To Bring Record Prices, European Imports
There’s no way North American stud lumber sawmills will be able to keep up with the recovering U.S. housing market, new research being compiled by the International Wood Markets Group shows. The shortage of studs…
Interfor Completes Acquisition Of Rayonier’s Wood Products Business
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); International Forest Products Limited (Interfor) announced that it had completed the acquisition of Rayonier’s Wood Products Business in the U.S. South, as scheduled on March 1st. The acquisition includes three sawmills…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.