Ufp industries acquires a 50 percent stake in dempsey wood products, llc, providing additional industrial wood sourcing capacity to support growth

Grand rapids, mich., june 27, 2022 (globe newswire) -- ufp industries (nasdaq: ufpi) today announced that its affiliate, palletone, inc., has acquired a 50 percent equity stake in dempsey wood products, llc. the purchase agreement includes options for palletone to purchase the remaining 50 percent of dempsey after three years.
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