UFPI Purchases Alabama-Based Manufactured Housing Supplier
Universal Forest Products, Inc. (Nasdaq: UFPI) today announced that a subsidiary of the Company has purchased certain assets of Haleyville, Ala.-based MSR Forest Products, LLC, a supplier of roof trusses and cut-to-size lumber to the region's manufactured housing producers.
The purchase was completed on May 16, 2012. The move allows Universal to enhance its capacity utilization and reduce costs as the Company merges its existing Haleyville, Ala., operations with the operations of MSR. In addition to its Alabama facility, MSR has a plant in Waycross, Ga., which also is a part of the transaction. In 2011, MSR had annual sales of $10 million.
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