UFP Industries (NASDAQ: UFPI) expands Deckorators with MoistureShield asset deal
Rhea-AI Filing Summary
UFP Industries has acquired Oldcastle APG’s MoistureShield decking operating assets to expand its Deckorators wood-plastic composite (WPC) decking capacity. The deal adds manufacturing assets, inventory, certain product brands, and proprietary CoolDeck composite decking technology, which is designed to reduce heat absorption versus standard composite decking.
The acquired operations will be integrated into Deckorators’ existing manufacturing network to expand capacity, improve operational resilience, and support new product introductions in the growing outdoor living market. Management states this investment met internal return targets and helps achieve growth plans faster than building new facilities.
UFP expects that, with this acquisition and additional capital investments at the acquired facility, Deckorators’ overall WPC capacity can be doubled to a total of $200M by 2027, enabling better support for national retail partners, dealers, and contractors while maintaining a focus on innovation, quality, and service.
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Insights
UFP Industries boosts Deckorators capacity and technology with MoistureShield asset acquisition.
UFP Industries is using the purchase of Oldcastle APG’s MoistureShield decking operating assets to expand its Deckorators wood-plastic composite (WPC) capacity and product range. The deal includes manufacturing assets, inventory, brands and the CoolDeck technology, enhancing product differentiation in composite decking.
Management highlights that the investment met internal return targets and accelerates growth versus greenfield expansion. Integrating the acquired operations into Deckorators’ existing network should support operational resilience and geographic diversification, while Oldcastle APG retains its RDI Railing and Catalyst Fence Solutions brands.
A key data point is the stated goal to double Deckorators’ overall WPC capacity to a total of $200M by 2027. This frames the acquisition as a capacity and growth play in an attractive outdoor living market, where rising composite decking demand can be served through added volume and new product introductions.
8-K Event Classification
Key Figures
Key Terms
wood-plastic composite (WPC) financial
CoolDeck composite decking technology technical
greenfield expansion opportunities financial
MoistureShield decking operating assets financial
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 7.01 Regulation FD Disclosure.
On April 6, 2026, UFP Industries, Inc. issued a press release announcing the acquisition of Oldcastle APG’s MoistureShield decking operating assets. The press release is attached to this Current Report as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Exhibits.
99.1Press Release of UFP Industries, Inc. dated April 6, 2026.
104Cover Page Interactive File (the cover page XBRL tags are embedded in the Inline XBRL document).
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EXHIBIT INDEX
Exhibit Number | | Document | |
99.1 | Press Release of UFP Industries, Inc. dated April 6, 2026. | ||
104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document). | ||
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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EXHIBIT 99.1
| PRESS RELEASE
UFP Industries Expands Deckorators® Composite Decking Capacity Through Acquisition
Grand Rapids, Mich. — UFP Industries today announced the acquisition of Oldcastle APG’s MoistureShield decking operating assets, a strategic transaction that significantly expands Deckorators® wood-plastic composite (WPC) decking capacity.
This acquisition strengthens a core business for UFP Industries and positions Deckorators for long-term growth in the outdoor living market. The purchase further enhances Deckorators’ product portfolio with the acquisition of manufacturing assets, inventory, certain product brands and proprietary CoolDeck® composite decking technology— which is designed to reduce heat absorption compared to standard composite decking.
More broadly, the added capacity enables Deckorators to scale production—positioning the brand to better serve customers and support new and innovative product introductions in this growing and attractive market.
“This acquisition is fundamentally about our commitment to strengthen our core business and adding capacity to execute our growth plans,” said Will Schwartz, CEO of UFP Industries. “By adding proven manufacturing assets and complementary technologies to the Deckorators business, we are removing constraints, expanding capacity and putting the brand in a stronger position to meet demand. One of our strategic objectives is to expand Deckorators’ production capacity geographically. This was an attractive investment opportunity that met our internal return targets and will allow us to meet these growth plans ahead of greenfield expansion opportunities.”
The acquired operations will be integrated into Deckorators’ existing manufacturing network, enhancing operational resilience and creating opportunities to optimize production across locations, while selectively incorporating additional composite technologies into the Deckorators lineup. Oldcastle APG will retain and continue operating their RDI® Railing and Catalyst™ Fence Solutions brands.
As demand for composite decking continues to rise, the added capacity allows Deckorators to better support national retail partners, dealers and contractors while maintaining focus on innovation, quality, and service.
“This acquisition allows us to support customers more effectively today while creating the runway we need to expand our product mix and grow the Deckorators brand over the long term,” said Landon Tarvin, President of UFP Retail Solutions, which includes the Deckorators brand in its portfolio. “The facility provides immediate capacity for additional sales with opportunities to add capacity in the future as sales growth objectives are achieved. We expect that with both this investment and additional capital investments at this location, we will have the ability to double Deckorators’ overall capacity of WPC to a total of $200M by 2027.”
The acquisition underscores UFP Industries’ continued focus on investing in core businesses, expanding capacity in high-growth categories, and strengthening the competitive position of its leading brands.
Investor Relations Contact:
Stanley Elliott, Director of Investor Relations
Stanley.Elliott@ufpi.com
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