AcquisitionsMay 4, 2026, 11:56 AM
UFP Industries Acquires John Rock Assets for $48M, Adds $82M Sales
AI Summary
UFP Industries announced the acquisition of the operating assets of John Rock, Inc., a new pallet manufacturer, for approximately $48 million. This strategic move adds about $82 million in annual sales and nearly 250 employees, significantly expanding PalletOne's footprint in the northeast. The acquisition of three key operating locations aims to strengthen UFP Packaging's ability to serve national customers and unlock operational synergies.
Key Highlights
- UFP Industries acquired the operating assets of John Rock, Inc. for approximately $48 million.
- The acquisition adds approximately $82 million in annual sales to UFP Industries.
- Nearly 250 employees from John Rock, Inc. will join UFP Industries.
- The acquisition includes three operating locations: Coatesville, Pa., Mifflintown, Pa., and Bowling Green, Va.
- The deal strengthens UFP Packaging's ability to serve national customers in the northeast region.
- It expands PalletOne's geographic reach and scale in a strategically important area.