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Universal Forest Products, Inc. (UFPI)


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Universal Forest Products, Inc.

2801 East Beltline Avenue, NE
Grand Rapids, MI 49525
United States
616-364-6161
http://www.ufpi.com

SectorIndustrial Goods
IndustryLumber, Wood Production
Full Time Employees9,300

Key Executives

NameTitlePayExercisedAge
Mr. Matthew J. Missad CPAChief Exec. Officer and Director2.16MN/A56
Mr. Patrick M. WebsterPres and Chief Operating Officer1.32MN/A57
Mr. Michael R. Cole CPA, CMAChief Financial Officer and Treasurer1.16MN/A50
Mr. Allen T. PetersPres of UFP Western Division Inc859.38kN/A49
Mr. Patrick M. BentonPres of UFP Northern Division Inc909.48kN/A47
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Universal Forest Products, Inc., through its subsidiaries, designs, manufactures, and markets wood and wood-alternative products for home centers and other retailers. The company offers preserved and unpreserved dimensional lumber; outdoor living products, including wood composite decking, and decorative lawn and garden products; and engineered wood components, which include roof and floor trusses, wall panels, engineered floor systems, I-joists, and lumber packages. It also provides roof trusses, lumber cut and shaped, plywood, oriented strand board, and dimensional lumber products for use in the construction of manufactured housings; and designs, manufactures, and installs in-store environments. In addition, the company supplies siding, electrical, and plumbing products to manufactured housing and recreational vehicle customers; and wood forms and related products to set or form concrete for various structures, including parking garages, stadiums, and bridges. Further, it provides framing services, as well as specialty wood packaging, components, and packing materials for various industries; and interior fixtures used in various retail stores, and commercial and other structures. The company offers its products and services to the retail, industrial, and construction markets in the United States and internationally. Universal Forest Products, Inc. was founded in 1955 and is headquartered in Grand Rapids, Michigan.

Corporate Governance

Universal Forest Products, Inc.’s ISS Governance QualityScore as of July 1, 2017 is 6. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 6; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.