UFP to acquire assets of Florida-based treater
A Universal Forest Products subsidiary agreed to purchase certain assets of Robbins Manufacturing Co., a Tampa, Florida-based manufacturer of treated wood products with facilities in Florida, Georgia and North Carolina.
Founded in 1938, Robbins is a leading supplier of preservative-treated wood products. The company has two divisions, including Robbins Treating and Manufacturing, which operates six wood treating facilities in Florida, Georgia and North Carolina, including an operation in Tarrytown, Florida, which Robbins will continue to operate.
The remaining five operations are included in the acquisition and had 2015 net sales of $83 million. The acquisition is expected to close by the end of August 2016.
“For years, we have respected Robbins as a formidable competitor known for high-quality products and service, and for its integrity and culture of hard work and determination,” said Universal Forest Products Inc. CEO Matthew J. Missad. “They’re a great fit for us strategically and culturally. Bringing them into the Universal family of companies allows us to be an even stronger powerhouse in the preservative-treated market in the Southeast, and solidifies our position as the leading manufacturer of premier treated products in the United States.”
Robbins Board Chairman Laurence W. Hall, Jr. said customers will be well served by the acquisition. “We now can focus on our other division’s niche business of manufacturing and selling wood treated especially for pilings, poles, posts, and lumber for agricultural, marine, permanent wood foundation, and other applications,” he said.
