UFP Industries on the FORTUNE 500 for Third Consecutive Year

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06/04/2024 - 10:54 AM

GRAND RAPIDS, Mich.--(BUSINESS WIRE)-- UFP Industries, Inc. (Nasdaq: UFPI) has been named to the FORTUNE 500 list of the largest U.S. companies based on revenue for the third consecutive year.

“I’m grateful to our customers and our 15,000-plus teammates who work every day to create success, in spite of economic challenges,” said Chairman and CEO Matthew J. Missad. “Their efforts have fueled our transformation from a small lumber wholesaler to a global solutions provider, with a track record of providing strong returns on our invested capital. Our teammates have earned this recognition and are dedicated to making our company better so we can climb up the list.”

UFP Industries reported 2023 net sales of $7.2 billion. It is ranked 493 on the 70th annual FORTUNE 500 list of companies.

UFP Industries, Inc.

Headquartered in Grand Rapids, Mich., UFP Industries (Nasdaq: UFPI) was founded in 1955 as a lumber wholesaler and today is a multibillion-dollar manufacturer serving three business segments: retail, construction and packaging. While seven percent of North America’s softwood lumber goes through a UFP facility, the company’s 200+ affiliates also make innovative, value-add products from plastics, corrugated, metals and other materials. In addition to its ranking on the FORTUNE 500 list, UFP is #149 on Industry Week’s list of America’s Largest Manufacturers and is a Great Place to Work Certified™ company. For more about UFP Industries, go to www.ufpi.com.