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UFPI
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UFP Industries Acquires 30-Acre Site, Announces First Northeast Region Deckorators® Facility to Open by Year-End

1. UFPI to expand with a $77 million facility in Lackawanna, NY. 2. New facility will double production capacity for Deckorators' composite decking.

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Why Bullish?

The expansion suggests strong growth potential and increased market share for UFPI's composite decking products, similar to past expansions that have positively impacted stock prices.

How important is it?

The significant investment and capacity increase are likely to boost UFPI's revenue and market competitiveness, directly influencing stock performance.

Why Long Term?

This investment positions UFPI strategically for future demand; previous similar investments have led to sustainable growth over the years.

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DECKBMCHDLOW
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries, Inc. (Nasdaq: UFPI) today announced its Deckorators® brand continues to expand market presence with the acquisition of a 30-acre site in Lackawanna, a suburb of Buffalo, New York. The site will be transformed into a new, state-of-the-art facility that will double production capacity for Deckorators'® industry-leading Surestone® composite-decking product. The $77 million investment includes a 30-acre campus with approximately 240,000 square f.

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