UFP Industries marked its 70th year in business on February 9, 2025, celebrating a remarkable achievement of never failing to turn a profit in each of those seven decades. This milestone underscores the company's enduring stability and successful business model since its founding in 1955.
CEO Will Schwartz, who assumed his role in late December, attributed the company's sustained success to its ability to recruit and retain high-achieving employees, a distinctive company culture, and a unique incentive system that aligns employee interests with those of shareholders.
The company, which rebranded from Universal Forest Products in 2019 to reflect its diversified global operations, has expanded its portfolio across construction, retail, and industrial markets. This long track record of profitability and strategic evolution positions UFP Industries as a resilient player in the building materials sector.
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