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Universal Forest unit buys certain assets of High Level Components

Universal Forest Products announced that one of its subsidiaries has purchased certain assets of High Level Components, a building component manufacturer based in Locust, N.C. The transaction closed on March 31. High Level will join Universal’s UFP Mid-Atlantic subsidiary, a component manufacturer with locations in South Carolina, Virginia, Georgia and North Carolina. The acquisition will expand Universal’s capacity in the region and allow the company to serve customers in the Charlotte, N.C., market, where it currently doesn’t have a significant presence.