UFP Industries Expands Pallet Manufacturing Network Through Acquisition of Apache Products
Key Highlights
- ➤$27 million acquisition of Apache Products operating assets expands UFP’s pallet network
- ➤Apache adds approximately $55 million in annual sales to UFP Industries
- ➤Acquisition brings 165 employees into UFP Industries’ workforce
- ➤Silsbee, Texas facility strengthens UFP Packaging’s Gulf Coast manufacturing footprint
- ➤Transaction expected to close on or around Nov. 16, 2026
Expert Statements
Will Schwartz, Chief executive officer of UFP Industries
“Apache is the kind of business we look for at UFP: an established market leader with long-standing customer relationships, a disciplined operation and an experienced team that has a proven track record of execution.”
Will Schwartz, Chief executive officer of UFP Industries
“This acquisition tracks with our other investments this year—broadening our reach into a strategically important geography and creating opportunities to grow with our national customers across the region to create long-term value.”
Scott Worthington, President of UFP Packaging
“The Gulf Coast is one of the country’s most important industrial packaging markets, driven by concentrated manufacturing, energy and petrochemical activity.”
Scott Worthington, President of UFP Packaging
“The team at Apache will expand our ability to support customers as they grow through greater efficiency, scale and access to a larger range of packaging solutions.”
UFP Industries Expands Pallet Manufacturing Network Through Acquisition of Apache Products PR Newswire
GRAND RAPIDS, Mich., Oct. 26, 2026 /PRNewswire/ -- UFP Industries, Inc. (Nasdaq: UFPI) today announced the acquisition of the operating assets, including real estate, of Apache Products, Inc. dba Acme Skid, a pallet manufacturer based in Silsbee, Texas, for approximately $27 million. The transaction expands UFP Packaging's pallet manufacturing footprint and strengthens the company's ability to serve customers throughout the Gulf Coast, one of the country's largest industrial and petrochemical markets.
Get started
Create a free account to read the full story.