UFP Industries Expands in Alabama by Acquiring C&L Wood Products
UFP Technologies(UFPT) ZACKS·2025-01-07 15:16
UFP Packaging, LLC, an affiliate of UFP Industries, Inc. (UFPI) , has closed the acquisition of C&L Wood Products, Inc. based in in Hartselle, AL.The acquired manufacturer of pallets and mulch is set to complement UFP Packaging’s PalletOne business, especially boosting its market reach and customer base in Alabama. Notably, C&L reported a trailing 12-month sales of $24.8 million as of November 2024.Per the executive vice president of PalletOne, Justin Elwell, “The addition of C&L expands PalletOne’s geograp ...