BNET Industries

Universal Forest Products Inc.

(UFPI) is in the Manufacturing Industry

Market Cap:$735.9M
Last Fiscal Year Sales:$2.2B
  • Public
  • US
Dow Jones Description

From a single sales office serving the manufactured housing industry to a multi-billion-dollar corporation that is a leading supplier to the industries it serves, Universal Forest Products has grown to become the nation's leading supplier of wood and wood-alternative products.

Number of Employees 6,200
Contact Information

2801 E Beltline Ave Northeast

Grand Rapids, Michigan 49525-9680

ufpi.com

(616) 364-6161

NAICS Code Sawmills: 321113

Recent Events

  • Universal Forest Products announces largest dividend increase in company history

    10/19/09 - Board Member - Entering - View Story

  • Strong Financial Position Leads UFPI to Largest Dividend Increase

    10/19/09 - Mgmt. Change Entering - Other - View Story

  • Universal Forest Products raises yearly dividend

    10/20/09 - Stock Split / Dividend - View Story

  • Universal Forest Products posts Q3 profit of $10.1M

    10/21/09 - Financial Announcement - View Story

  • EcoBlu Products, Inc. Coating Lumber for Universal Forest Products

    9/08/09 - Licensing / Contract - View Story

  • Universal Forest Products Reports $16.1 Million Profit in Second Quarter

    7/18/09 - Financial Announcement - View Story

News & Analysis

universal forest products inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Michael B. Glenn CEO
C. Scott Greene Co-President-Universal Forest Products Eastern Division, Inc
Dick Frazier President
Louis A Smith President of The Law Firm of Smith and Johnson
Pat Webster President, COO
Scott Greene Charles President, Ufp Eastern Div.
Matthew J. Missad Chief Financial Officer
Michael R. Cole CFO & Treasurer
Ronald G. Klyn CIO
David Phelps Eastern US, Executive Vice President of Wood Purchasing (Wood Only)
Joseph F. Granger Marketing & Executive Vice President, Sales
Roberr D. Coleman Executive Vice President, Manufacturing
Robert D. Coleman Executive Vice President, Manufacturing
Bob Hendricks Vice President, Hr
Michael Dube Vice President, Southwest Region
Bill Foster Manager, Interactive Marketing
Dave Hutson Western US, Purchasing Manager (Wood Only)
Lisa Faber Operations Accountant

Board of Directors

Name (plus bio) Position
Dan M. Dutton Chairman of The Board of Stimson Lumber Company of Portland
Gary F. Goode Chairman
Gary M. Goode Chairman
John M. Engler Board of Directors
John W. Garside Board of Directors
Lynn Afendoulis Board of Directors
Mark A. Murray Board of Directors
Mark Deremo Board of Directors
Philip M. Novel Board of Directors
William G. Currie Chair of Board
William R. Payne Board of Directors

Organization Position Status
Universal Forest Products, Inc. CEO Current
Universal Forest Products, Inc. Board of Directors Current
Universal Forest Products, Inc. President Former
Universal Forest Products, Inc. Chief Operating Officer Former
Universal Forest Products, Inc. Senior Vice President Former

Organization Position Status
Universal Forest Products, Inc. Co-President-Universal Forest Products Eastern Division, Inc Current
Universal Forest Products, Inc. Marketing Manager Current
Universal Forest Products, Inc. Vice President of Marketing Former

Richard C. Frazier joined us in 1985 as Vice President of our Southwest Region. He held this position until January 1, 2008, when he took on a new position to work on special projects throughout Company. On January 1, 2009, Mr. Frazier became President of the Universal Forest Products Western Division, Inc.

Organization Position Status
Universal Forest Products, Inc. President Current
Universal Forest Products, Inc. Vice President of The Southwest Region Current

Louis A. Smith (69) is President of the law firm of Smith and Johnson, Attorneys, P.C., of Traverse City, Michigan. Mr. Smith also serves on the Advisory Board of the Huntington National Bank of Traverse City and serves as a member of the Advisory Council to the University of Notre Dame Law School. Mr. Smith currently serves on The State Board of Law Examiners upon nomination by the Michigan Supreme Court and gubernatorial appointment.

Organization Position Status
Universal Forest Products, Inc. President of The Law Firm of Smith and Johnson Current
Smith & Johnson President Current
Smith & Johnson Traverse City Attorney Current
The Advisory Council Board of Directors Current
Universal Forest Products, Inc. Director Current
District of Columbia Court of Appeals Former
Michigan Supreme Court Former
Blue Cross & Blue Shield of Michigan Former
Army Reserve Board of Directors Former
Blue Cross and Blue Shield Board of Directors Former
Army Reserve Member Former

Pat Webster began his career in sales and purchasing at Universal Forest Productsa Grand Rapids, MI headquarters. He was promoted to successive executive positions in purchasing and operations. Mr. Webster became Vice President of the Far West Region in 1999. Mr. Webster was promoted to President of the Universal Forest Products Western Division on July 1, 2007, and was appointed president and COO of the company on October 15, 2008.

Organization Position Status
Universal Forest Products, Inc. President, COO Current

Organization Position Status
Universal Forest Products, Inc. President, Ufp Eastern Div. Current

Array

Organization Position Status
Universal Forest Products, Inc. Chief Financial Officer Current

Organization Position Status
Universal Forest Products, Inc. CFO & Treasurer Current
Deloitte Touche Tohmatsu Former

Organization Position Status
Universal Forest Products, Inc. CIO Current
Coragator Current
Universal Forest Products, Inc. Information Services Manager Current

Organization Position Status
Universal Forest Products, Inc. Eastern US, Executive Vice President of Wood Purchasing (Wood Only) Current

Organization Position Status
Universal Forest Products, Inc. Marketing & Executive Vice President, Sales Current

Organization Position Status
Universal Forest Products, Inc. Executive Vice President, Manufacturing Current

Organization Position Status
Universal Forest Products, Inc. Executive Vice President, Manufacturing Current

Organization Position Status
Universal Forest Products, Inc. Vice President, Hr Current

Organization Position Status
Universal Forest Products, Inc. Vice President, Southwest Region Current

Organization Position Status
Universal Forest Products, Inc. Manager, Interactive Marketing Current

Organization Position Status
Universal Forest Products, Inc. Western US, Purchasing Manager (Wood Only) Current

Lisa grew up in Peterborough, Ontario while Jon grew up in Lynden, Washington. They met at Calvin College and have lived in Grand Rapids since 1999. Lisa works as an Operations Accountant Assistant for Universal Forest Products and Jon works as an Emerging Media Specialist for WZZM-13.

Organization Position Status
Universal Forest Products, Inc. Operations Accountant Current
Newberry Place Development Company, LLC Current

Organization Position Status
Universal Forest Products, Inc. Chairman of The Board of Stimson Lumber Company of Portland Current

Organization Position Status
Universal Forest Products, Inc. Chairman Current

Organization Position Status
Universal Forest Products, Inc. Chairman Current

John M. Engler (60) is President and Chief Executive Officer of the National Association of Manufacturers, with whom he has been affiliated since October 2004. He was President of State and Local Government Business and Vice President of Government Solutions for North America for EDS in Herndon, Virginia from February 2003 to September 2004. He served as Governor of the State of Michigan from 1991 to 2003. Mr. Engler also serves on the boards of Munder Capital Management and Delta Airlines.

Organization Position Status
National Association of Manufacturers Chief Executive Officer Current
National Association of Manufacturers President Current
Delta Air Lines, Inc. Board of Directors Current
Northwest Airlines Corporation Board of Directors Current
Munder Capital Management Board of Directors Current
Universal Forest Products, Inc. Board of Directors Current
Electronic Data Systems Corporation President, State & Local Government Affairs Former
Electronic Data Systems Corporation Vice President, Government Solutions, North America Former
Dow Jones & Company, Inc. Board of Directors Former

Organization Position Status
Universal Forest Products, Inc. Board of Directors Current

Organization Position Status
Universal Forest Products, Inc. Board of Directors Current
Universal Forest Products, Inc. Director, Public Affairs Former

Organization Position Status
Universal Forest Products, Inc. Board of Directors Current

Organization Position Status
Universal Forest Products, Inc. Board of Directors Current
Universal Forest Products, Inc. Director, Marketing Former

Organization Position Status
Universal Forest Products, Inc. Board of Directors Current

Organization Position Status
Coragator Current
Universal Forest Products, Inc. Chair of Board Current
Sabine Investment Company Director Current
Universal Forest Products, Inc. Board of Directors Current
Universal Companies, Inc. Chief Executive Officer Former
Universal Forest Products, Inc. Vice Chairman & CEO Former
Universal Companies, Inc. President Former
Universal Forest Products, Inc. President Former

William R. Payne (55) is Chief of Staff of Alticor of Ada, Michigan, a position he has held since November 1999. Mr. Payne also sits on the Advisory Board at Macatawa Bank.

Organization Position Status
Alticor Inc. Chief of Staff Current
Universal Forest Products, Inc. Board of Directors Current

Executive News

  • US Econ Could 'Backslide' In Mid-2010 -US Chamber Economist

    Morningstar.com - 9/03/09 - View Story

  • NAM Projects Manufacturing Job Losses Through 2010

    Industry Week - 9/03/09 - View Story

advertisement
     UFPI $38.02 -0.33 (-0.86% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 213,104
Shares Outstanding 19.36M
Market Cap 735.9M
Year High 47.78
Year Low 14.61
Earnings Per Share 1.24
P/E Ratio 30.66
Dividend 0.12
Yield 0.32
IndustryTop Rated
advertisement