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Manufactured and Modular Home Supplier Universal Forest Products Acquiring more Subsidiaries


ufpi_eovations__wooc_composite_woodworkingnetwork__credit-ufpi-posted-manufactured-home-living-news-comManufactured Home Living News
has learned that Universal Forest Products,Inc. (UFPI) acquired Upshur Forest Products, LLC in Gilmer, Texas.

MHProNews and Menafn both report that another UFPI subsidiary, purchased assets of High Level Components LLC in Locust, North Carolina, a deal that closed March 31, 2014.

With manufactured and modular home construction steadily rising, it is no surprise that UFPI – as well as other suppliers to factory-home-builders – are continuing their investments and acquisitions.

High Level will be part of Universal Forest Product’s Mid-Atlantic subsidiary. The expansion into the Charlotte, North Carolina will give UFPI a greater market presence.

UFPI is a holding company with subsidiaries that provide components to the manufactured housing (MH) industry. North Carolina ranks fourth in universal-forest-products-inc-logostates receiving shipments of manufactured homes. Texas ranks #1 in new manufactured home shipments. according to recently released government statistics. ##

(Image credit: UFPI logo, Photo credit: woodworkingnetwork.com – UFPI Eovations – wood composite)

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