Content about Universal Forest Products

Universal Forest Products closed on the acquisition of Custom Caseworks, a high-precision business-to-business manufacturer of engineered wood products.

"Custom Caseworks is a proven manufacturer and distributor with a reputation for superior products and service, and we're pleased to add them to the Universal portfolio of companies," said Universal Forest Products CEO Matthew J. Missad. 

Grand Rapids, Mich.-based Universal Forest Products posted third-quarter net earnings of $5.6 million, up from net earnings of $2.6 million in the same quarter last year.

Net sales of $468.9 million in the third quarter of 2011 were down 2.4% from net sales of $480.6 million for the same period of last year.

Universal Forest Products has named David Tutas as general counsel of the corporation. He succeeds Matthew Missad, who was appointed CEO earlier this year.

Tutas joined Universal as an attorney in 2003. In 2007, he was named director of the legal department at Universal. Before he joined the company, Tutas was an attorney with the Grand Rapids, Mich.-based firm of Nantz, Litowich, Smith & Girard.

Grand Rapids, Mich.-based Universal Forest Products announced second-quarter net earnings of $4.3 million, down 69% from net earnings of $13.7 million in the second quarter of 2010.

Net sales totaled $544.1 million, down 15% from net sales of $638.6 million for the same period of 2010. Sales were affected by weak consumer spending on larger-ticket home-improvement items.

WOLF has announced an exclusive agreement to distribute Deckorators CXT Railing, a new line recently introduced by Universal Forest Products. 

Grand Rapids, Mich.-based Universal Forest Products has announced that CEO Michael Glenn is retiring due to health reasons and to make way for new leadership to "build on Universal's strengths and prepare for future opportunity." The board of directors is currently in the process of evaluating candidates for the position. Glenn, who was appointed CEO in 2006, has agreed to stay on until a new CEO is named.

Grand Rapids, Mich.-based Universal Forest Products (UFP) posted first-quarter 2011 net sales of $387.2 million, down 1.5% from net sales of $393.0 million in the same period of 2010.

UFP posted a net loss of $3.7 million compared with net earnings of $1.0 million for the first quarter of 2010.