UFP Industries Celebrates 70 Profitable Years, CEO Says Employees, Culture Keys to Success
UFP Industries (Nasdaq: UFPI) celebrates its 70th anniversary on February 9, marking seven decades of continuous profitability since its 1955 founding. The company attributes its success to its ability to recruit and retain high-achieving employees, company culture, and unique incentive system that aligns employee interests with shareholders.
Founded as Universal Forest Products by William 'Bill' Grant, UFP has evolved from a small wood-products manufacturer into a global manufacturing powerhouse. The company operates across three main segments: retail (including ProWood treated lumber and Deckorators decking), packaging (providing solutions for various industries), and construction (concrete forming, site built and factory built units).
New CEO Will Schwartz, who recently took leadership in December, emphasizes the company's motto: 'No mission statement; just people on a mission.'™ The company's commitment to employee ownership and internal promotion is demonstrated by Schwartz being the sixth CEO to rise through company ranks. UFP Industries now operates globally across North America, Europe, Asia, and Australia, focusing on innovative solutions for construction, retail, and industrial markets.
UFP Industries (Nasdaq: UFPI) festeggia il suo 70° anniversario il 9 febbraio, segnando sette decenni di redditività continua dalla sua fondazione nel 1955. L'azienda attribuisce il suo successo alla capacità di reclutare e trattenere dipendenti altamente performanti, alla cultura aziendale e a un sistema di incentivi unico che allinea gli interessi dei dipendenti con quelli degli azionisti.
Fondata come Universal Forest Products da William 'Bill' Grant, UFP si è evoluta da un piccolo produttore di prodotti in legno a una potenza globale nella manifattura. L'azienda opera in tre segmenti principali: vendita al dettaglio (incluso il legname trattato ProWood e i decking Deckorators), imballaggio (fornendo soluzioni per vari settori) e costruzione (formatura del calcestruzzo, unità costruite in cantiere e in fabbrica).
Il nuovo CEO Will Schwartz, che ha recentemente assunto la leadership a dicembre, sottolinea il motto dell'azienda: 'Nessuna dichiarazione di missione; solo persone in missione.'™ L'impegno dell'azienda per la proprietà dei dipendenti e la promozione interna è dimostrato dal fatto che Schwartz è il sesto CEO a salire attraverso le fila dell'azienda. UFP Industries ora opera a livello globale in Nord America, Europa, Asia e Australia, concentrandosi su soluzioni innovative per i mercati della costruzione, del retail e industriali.
UFP Industries (Nasdaq: UFPI) celebra su 70° aniversario el 9 de febrero, marcando siete décadas de rentabilidad continua desde su fundación en 1955. La empresa atribuye su éxito a su capacidad para reclutar y retener empleados de alto rendimiento, a la cultura empresarial y a un sistema de incentivos único que alinea los intereses de los empleados con los de los accionistas.
Fundada como Universal Forest Products por William 'Bill' Grant, UFP se ha transformado de un pequeño fabricante de productos de madera a una potencia manufacturera global. La compañía opera en tres segmentos principales: venta al por menor (incluyendo madera tratada ProWood y decking Deckorators), embalaje (proporcionando soluciones para diversas industrias) y construcción (formado de concreto, unidades construidas en sitio y en fábrica).
El nuevo CEO Will Schwartz, quien asumió recientemente el liderazgo en diciembre, enfatiza el lema de la empresa: 'Sin declaración de misión; solo personas en una misión.'™ El compromiso de la empresa con la propiedad de los empleados y la promoción interna se demuestra con el hecho de que Schwartz es el sexto CEO en ascender a través de las filas de la empresa. UFP Industries ahora opera a nivel global en América del Norte, Europa, Asia y Australia, enfocándose en soluciones innovadoras para los mercados de construcción, venta al por menor e industrial.
UFP Industries (Nasdaq: UFPI)는 2월 9일에 70주년을 기념하며, 1955년 설립 이후 70년 간 지속적인 수익성을 자랑합니다. 회사는 높은 성과를 내는 직원들을 채용하고 유지하는 능력, 기업 문화, 직원의 이익을 주주와 맞추는 독특한 인센티브 시스템 덕분에 성공했다고 설명합니다.
William 'Bill' Grant에 의해 Universal Forest Products로 설립된 UFP는 작은 목재 제품 제조사에서 글로벌 제조 강자로 발전했습니다. 회사는 소매(ProWood 처리된 목재 및 Deckorators 데크 포함), 포장(다양한 산업에 대한 솔루션 제공), 그리고 건설(콘크리트 형성, 현장 제작 및 공장 제작 유닛)이라는 세 가지 주요 분야에서 운영되고 있습니다.
새로운 CEO Will Schwartz는 최근 12월에 리더십을 맡으면서 회사의 모토를 강조합니다: '미션 스테이트먼트가 없다; 오직 사명을 가진 사람들만 있다.'™ 직원 소유 및 내부 승진에 대한 회사의 헌신은 Schwartz가 회사의 랭크를 통과하여 승진한 여섯 번째 CEO라는 점에서 드러납니다. UFP Industries는 현재 북미, 유럽, 아시아 및 호주 전역에서 운영되며, 건설, 소매 및 산업 시장을 위한 혁신적인 솔루션에 집중하고 있습니다.
UFP Industries (Nasdaq: UFPI) célèbre son 70ème anniversaire le 9 février, marquant sept décennies de rentabilité continue depuis sa fondation en 1955. L'entreprise attribue son succès à sa capacité à recruter et à retenir des employés performants, à sa culture d'entreprise et à un système d'incitation unique qui aligne les intérêts des employés avec ceux des actionnaires.
Fondée sous le nom de Universal Forest Products par William 'Bill' Grant, UFP a évolué d'un petit fabricant de produits en bois à une puissance mondiale de la fabrication. L'entreprise opère dans trois segments principaux : vente au détail (y compris le bois traité ProWood et les terrasses Deckorators), emballage (fournissant des solutions pour divers secteurs) et construction (formation en béton, unités construites sur site et en usine).
Le nouveau PDG Will Schwartz, qui a récemment pris la tête de l'entreprise en décembre, souligne la devise de l'entreprise : 'Pas de déclaration de mission ; juste des personnes en mission.'™ L'engagement de l'entreprise en faveur de la propriété des employés et de la promotion interne se traduit par le fait que Schwartz est le sixième PDG à avoir gravi les échelons de l'entreprise. UFP Industries opère désormais à l'échelle mondiale en Amérique du Nord, en Europe, en Asie et en Australie, en mettant l'accent sur des solutions innovantes pour les marchés de la construction, du détail et industriel.
UFP Industries (Nasdaq: UFPI) feiert am 9. Februar sein 70-jähriges Jubiläum und somit sieben Jahrzehnte kontinuierlicher Rentabilität seit seiner Gründung im Jahr 1955. Das Unternehmen führt seinen Erfolg auf die Fähigkeit zurück, hochqualifizierte Mitarbeiter zu rekrutieren und zu halten, die Unternehmenskultur und ein einzigartiges Anreizsystem, das die Interessen der Mitarbeiter mit denen der Aktionäre in Einklang bringt.
Founded as Universal Forest Products by William 'Bill' Grant, UFP hat sich von einem kleinen Hersteller von Holzprodukten zu einem globalen Fertigungsriesen entwickelt. Das Unternehmen ist in drei Hauptsegmente tätig: Einzelhandel (einschließlich ProWood behandeltes Holz und Deckorators Terrassendielen), Verpackung (Bereitstellung von Lösungen für verschiedene Branchen) und Bauwesen (Betonformung, auf der Baustelle gebaute und vormontierte Einheiten).
Der neue CEO Will Schwartz, der kürzlich im Dezember die Leitung übernommen hat, betont das Motto des Unternehmens: 'Keine Missionserklärung; nur Menschen mit einer Mission.'™ Das Engagement des Unternehmens für die Mitarbeiterbesitzverhältnisse und die interne Beförderung zeigt sich darin, dass Schwartz der sechste CEO ist, der aus den eigenen Reihen aufsteigt. UFP Industries ist inzwischen weltweit tätig, insbesondere in Nordamerika, Europa, Asien und Australien, und konzentriert sich auf innovative Lösungen für die Bau-, Einzelhandels- und Industriebranche.
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Nasdaq celebrated UFP Industries' 70th anniversary at its headquarters in
“Our company’s motto is, ‘No mission statement; just people on a mission.’™ Every day, our people show up and get to work, demonstrating the determination and grit that drives our company forward. And we want to take this special year to honor their outstanding leadership,” said CEO Will Schwartz, who took the helm at UFP in late December. “I’m honored to join five other CEOs who worked their way from the ground up—I'm living proof that UFP is the place for self-made men and women. We measure our people by their hard work and the fire in their belly. The only person who holds you back is yourself.”
UFP Industries, founded in 1955 by William “Bill” Grant as Universal Forest Products, started as a small wood-products manufacturer. Over the decades, it expanded its portfolio to include a wide variety of materials and products, focusing on innovative solutions for the construction, retail, and industrial markets. In 2019, the company rebranded as UFP Industries to better reflect its diversified global business operations.
The retail segment houses UFP’s flagship treated lumber brand, ProWood—the largest supplier of treated lumber in North America— as well as its luxury composite decking line, Deckorators. The packaging segment powers the modern economy by providing crating and custom packaging solutions for a wide variety of specialty products from food and agriculture to technology, batteries and solar panels. The construction segment, with its concrete forming, site built and factory built business units, has helped build countless homes and neighborhoods and contributed to some of the world’s most recognizable skylines and institutions.
“Our 70-year history is a testament to our stability and ability to generate consistent returns. We've consistently pursued excellence and achieved above-market results through economic cycles,” said executive chairman and former CEO Matt Missad. “Our proven track record, coupled with our innovative spirit, strategic vision, and willingness to outwork our competition, positions us to realize stronger-than-ever success in the future. Our commitment to employee ownership has been a fundamental driver of our success, fostering a deep sense of personal responsibility and personal reward for the company's performance.”
“As UFP Industries celebrates its 70th anniversary, we stand as a testament to American manufacturing ingenuity, transforming from a humble lumber company into a global manufacturing powerhouse. For seven decades, UFP has been at the forefront of innovation, consistently delivering products that support the world's physical infrastructure, keep markets moving, and improve people's lives,” said Schwartz.
UFP Industries is a leading global manufacturer of wood and wood-alternative products, with operations in
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Media Contact:
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Source: UFP Industries
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