UFPI acquires Wolverine Wood Products
Universal Forest Products, Inc. (UFPI) is acquiring the operating assets of Wolverine Wood Products, Inc.
Founded in 2008 in Grand Rapids, Mich., by Mike and Bernadette Petersen, Wolverine Wood Products manufactures wood panel components for furniture, store fixtures and case goods, with anticipated annual sales of $5 million.
UFPI said that the expands its capacity to produce value-added wood components for customers in the Midwest. Mike Petersen, owner and president of Wolverine Wood Products, will remain with the company as general manager.
“Wolverine Wood Products has grown quickly by using automation and robotics to provide its customers with the value-added services and pricing that other companies can’t provide,” said CEO Matt Missad.
Based in Grand Rapids, Mich., UFPI is a holding company with subsidiaries that produce and supply wood, wood composite and other products to the retail, construction and industrial markets.
Founded in 2008 in Grand Rapids, Mich., by Mike and Bernadette Petersen, Wolverine Wood Products manufactures wood panel components for furniture, store fixtures and case goods, with anticipated annual sales of $5 million.
UFPI said that the expands its capacity to produce value-added wood components for customers in the Midwest. Mike Petersen, owner and president of Wolverine Wood Products, will remain with the company as general manager.
“Wolverine Wood Products has grown quickly by using automation and robotics to provide its customers with the value-added services and pricing that other companies can’t provide,” said CEO Matt Missad.
Based in Grand Rapids, Mich., UFPI is a holding company with subsidiaries that produce and supply wood, wood composite and other products to the retail, construction and industrial markets.