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GRAND RAPIDS, Mich., May 16, 2017 (GLOBE NEWSWIRE) -- Outdoor Essentials®, a brand of the Universal Forest Products, Inc. (Nasdaq:UFPI) family of companies, launched a new website to provide resources and inspiration to homeowners who want to transform ordinary outdoor spaces into functional, beautiful places. The new website features expanded product pages and an entire section focused on projects and inspiration. "Outdoor living and gardening continue to grow in popularity. Getting started is the first hurdle for novices when it comes to outdoor projects,” said Chris Camfferman, director of category marketing. “The new Outdoor Essentials website has been designed to help visitors quickly find helpful information, inspire DIYers to tackle an outdoor project and provide resources to locate the product to best enhance their outdoor space." You can visit the new Outdoor Essentials website at OutdoorEssentialProducts.com. It is optimized for mobile viewing and is available in multiple languages through a Google translate plug-in. Outdoor Essentials is a brand of Universal Forest Products, Inc. The products from Outdoor Essentials convert ordinary spaces into vibrant, beautiful places. The products appeal to homeowners and casual DIY-ers of any skill level who are looking to improve their outdoor space. Product lines include lawn and garden, wood fencing, pergolas and outdoor furniture. To learn more about Outdoor Essentials, visit www.outdooressentialproducts.com. Universal Forest Products, Inc. is a holding company whose subsidiaries supply three robust markets: retail, construction and industrial. Founded in 1955, the Company is headquartered in Grand Rapids, Mich., with affiliates throughout North America, Europe, Asia and Australia. For more about Universal Forest Products, go to www.ufpi.com.


GRAND RAPIDS, Mich., May 16, 2017 (GLOBE NEWSWIRE) -- Outdoor Essentials®, a brand of the Universal Forest Products, Inc. (Nasdaq:UFPI) family of companies, launched a new website to provide resources and inspiration to homeowners who want to transform ordinary outdoor spaces into functional, beautiful places. The new website features expanded product pages and an entire section focused on projects and inspiration. "Outdoor living and gardening continue to grow in popularity. Getting started is the first hurdle for novices when it comes to outdoor projects,” said Chris Camfferman, director of category marketing. “The new Outdoor Essentials website has been designed to help visitors quickly find helpful information, inspire DIYers to tackle an outdoor project and provide resources to locate the product to best enhance their outdoor space." You can visit the new Outdoor Essentials website at OutdoorEssentialProducts.com. It is optimized for mobile viewing and is available in multiple languages through a Google translate plug-in. Outdoor Essentials is a brand of Universal Forest Products, Inc. The products from Outdoor Essentials convert ordinary spaces into vibrant, beautiful places. The products appeal to homeowners and casual DIY-ers of any skill level who are looking to improve their outdoor space. Product lines include lawn and garden, wood fencing, pergolas and outdoor furniture. To learn more about Outdoor Essentials, visit www.outdooressentialproducts.com. Universal Forest Products, Inc. is a holding company whose subsidiaries supply three robust markets: retail, construction and industrial. Founded in 1955, the Company is headquartered in Grand Rapids, Mich., with affiliates throughout North America, Europe, Asia and Australia. For more about Universal Forest Products, go to www.ufpi.com.


GRAND RAPIDS, Mich., May 16, 2017 (GLOBE NEWSWIRE) -- Outdoor Essentials®, a brand of the Universal Forest Products, Inc. (Nasdaq:UFPI) family of companies, launched a new website to provide resources and inspiration to homeowners who want to transform ordinary outdoor spaces into functional, beautiful places. The new website features expanded product pages and an entire section focused on projects and inspiration. "Outdoor living and gardening continue to grow in popularity. Getting started is the first hurdle for novices when it comes to outdoor projects,” said Chris Camfferman, director of category marketing. “The new Outdoor Essentials website has been designed to help visitors quickly find helpful information, inspire DIYers to tackle an outdoor project and provide resources to locate the product to best enhance their outdoor space." You can visit the new Outdoor Essentials website at OutdoorEssentialProducts.com. It is optimized for mobile viewing and is available in multiple languages through a Google translate plug-in. Outdoor Essentials is a brand of Universal Forest Products, Inc. The products from Outdoor Essentials convert ordinary spaces into vibrant, beautiful places. The products appeal to homeowners and casual DIY-ers of any skill level who are looking to improve their outdoor space. Product lines include lawn and garden, wood fencing, pergolas and outdoor furniture. To learn more about Outdoor Essentials, visit www.outdooressentialproducts.com. Universal Forest Products, Inc. is a holding company whose subsidiaries supply three robust markets: retail, construction and industrial. Founded in 1955, the Company is headquartered in Grand Rapids, Mich., with affiliates throughout North America, Europe, Asia and Australia. For more about Universal Forest Products, go to www.ufpi.com.


GRAND RAPIDS, Mich., May 16, 2017 (GLOBE NEWSWIRE) -- Outdoor Essentials®, a brand of the Universal Forest Products, Inc. (Nasdaq:UFPI) family of companies, launched a new website to provide resources and inspiration to homeowners who want to transform ordinary outdoor spaces into functional, beautiful places. The new website features expanded product pages and an entire section focused on projects and inspiration. "Outdoor living and gardening continue to grow in popularity. Getting started is the first hurdle for novices when it comes to outdoor projects,” said Chris Camfferman, director of category marketing. “The new Outdoor Essentials website has been designed to help visitors quickly find helpful information, inspire DIYers to tackle an outdoor project and provide resources to locate the product to best enhance their outdoor space." You can visit the new Outdoor Essentials website at OutdoorEssentialProducts.com. It is optimized for mobile viewing and is available in multiple languages through a Google translate plug-in. Outdoor Essentials is a brand of Universal Forest Products, Inc. The products from Outdoor Essentials convert ordinary spaces into vibrant, beautiful places. The products appeal to homeowners and casual DIY-ers of any skill level who are looking to improve their outdoor space. Product lines include lawn and garden, wood fencing, pergolas and outdoor furniture. To learn more about Outdoor Essentials, visit www.outdooressentialproducts.com. Universal Forest Products, Inc. is a holding company whose subsidiaries supply three robust markets: retail, construction and industrial. Founded in 1955, the Company is headquartered in Grand Rapids, Mich., with affiliates throughout North America, Europe, Asia and Australia. For more about Universal Forest Products, go to www.ufpi.com.


News Article | April 20, 2017
Site: globenewswire.com

GRAND RAPIDS, Mich., April 20, 2017 (GLOBE NEWSWIRE) -- The Universal Forest Products, Inc. (Nasdaq:UFPI) Board of Directors approved a semiannual dividend payment of $0.45 per share at their April 18, 2017, meeting. The dividend is payable on June 15, 2017, to shareholders of record on June 1, 2017. “Once again, we have the opportunity to thank shareholders with this dividend payment, thanks to the strong performance created by the hard-working people of Universal,” said Chairman William G. Currie. “We are growing in many ways – internationally, with existing and new customers, with new products, and in new markets – and those who invest in us help make our growth possible, and make this a great time to be part of the excitement and opportunity that is Universal.” On Tues., April 18, 2017, Universal announced that it broke 2016’s first-quarter record performance with net earnings of $21.1 million, up 10 percent, and net sales of $846.1 million, up 24 percent. UNIVERSAL FOREST PRODUCTS, INC. Universal Forest Products, Inc. is a holding company whose subsidiaries supply wood, wood composite and other products to three robust markets: retail, construction and industrial.  Founded in 1955, the Company is headquartered in Grand Rapids, Mich., with affiliates throughout North America, Europe, Asia and Australia. For more about Universal Forest Products, go to www.ufpi.com. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act, as amended, that are based on management’s beliefs, assumptions, current expectations, estimates and projections about the markets we serve, the economy and the Company itself. Words like “anticipates,” “believes,” “confident,” “estimates,” “expects,” “forecasts,” “likely,” “plans,” “projects,” “should,” variations of such words, and similar expressions identify such forward-looking statements. These statements do not guarantee future performance and involve certain risks, uncertainties and assumptions that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. The Company does not undertake to update forward-looking statements to reflect facts, circumstances, events, or assumptions that occur after the date the forward-looking statements are made. Actual results could differ materially from those included in such forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainty. Among the factors that could cause actual results to differ materially from forward-looking statements are the following: fluctuations in the price of lumber; adverse or unusual weather conditions; adverse economic conditions in the markets we serve; government regulations, particularly involving environmental and safety regulations; and our ability to make successful business acquisitions. Certain of these risk factors as well as other risk factors and additional information are included in the Company's reports on Form 10-K and 10-Q on file with the Securities and Exchange Commission.


News Article | April 20, 2017
Site: globenewswire.com

GRAND RAPIDS, Mich., April 20, 2017 (GLOBE NEWSWIRE) -- The Universal Forest Products, Inc. (Nasdaq:UFPI) Board of Directors approved a semiannual dividend payment of $0.45 per share at their April 18, 2017, meeting. The dividend is payable on June 15, 2017, to shareholders of record on June 1, 2017. “Once again, we have the opportunity to thank shareholders with this dividend payment, thanks to the strong performance created by the hard-working people of Universal,” said Chairman William G. Currie. “We are growing in many ways – internationally, with existing and new customers, with new products, and in new markets – and those who invest in us help make our growth possible, and make this a great time to be part of the excitement and opportunity that is Universal.” On Tues., April 18, 2017, Universal announced that it broke 2016’s first-quarter record performance with net earnings of $21.1 million, up 10 percent, and net sales of $846.1 million, up 24 percent. UNIVERSAL FOREST PRODUCTS, INC. Universal Forest Products, Inc. is a holding company whose subsidiaries supply wood, wood composite and other products to three robust markets: retail, construction and industrial.  Founded in 1955, the Company is headquartered in Grand Rapids, Mich., with affiliates throughout North America, Europe, Asia and Australia. For more about Universal Forest Products, go to www.ufpi.com. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act, as amended, that are based on management’s beliefs, assumptions, current expectations, estimates and projections about the markets we serve, the economy and the Company itself. Words like “anticipates,” “believes,” “confident,” “estimates,” “expects,” “forecasts,” “likely,” “plans,” “projects,” “should,” variations of such words, and similar expressions identify such forward-looking statements. These statements do not guarantee future performance and involve certain risks, uncertainties and assumptions that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. The Company does not undertake to update forward-looking statements to reflect facts, circumstances, events, or assumptions that occur after the date the forward-looking statements are made. Actual results could differ materially from those included in such forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainty. Among the factors that could cause actual results to differ materially from forward-looking statements are the following: fluctuations in the price of lumber; adverse or unusual weather conditions; adverse economic conditions in the markets we serve; government regulations, particularly involving environmental and safety regulations; and our ability to make successful business acquisitions. Certain of these risk factors as well as other risk factors and additional information are included in the Company's reports on Form 10-K and 10-Q on file with the Securities and Exchange Commission.


News Article | April 20, 2017
Site: globenewswire.com

GRAND RAPIDS, Mich., April 20, 2017 (GLOBE NEWSWIRE) -- The Universal Forest Products, Inc. (Nasdaq:UFPI) Board of Directors approved a semiannual dividend payment of $0.45 per share at their April 18, 2017, meeting. The dividend is payable on June 15, 2017, to shareholders of record on June 1, 2017. “Once again, we have the opportunity to thank shareholders with this dividend payment, thanks to the strong performance created by the hard-working people of Universal,” said Chairman William G. Currie. “We are growing in many ways – internationally, with existing and new customers, with new products, and in new markets – and those who invest in us help make our growth possible, and make this a great time to be part of the excitement and opportunity that is Universal.” On Tues., April 18, 2017, Universal announced that it broke 2016’s first-quarter record performance with net earnings of $21.1 million, up 10 percent, and net sales of $846.1 million, up 24 percent. UNIVERSAL FOREST PRODUCTS, INC. Universal Forest Products, Inc. is a holding company whose subsidiaries supply wood, wood composite and other products to three robust markets: retail, construction and industrial.  Founded in 1955, the Company is headquartered in Grand Rapids, Mich., with affiliates throughout North America, Europe, Asia and Australia. For more about Universal Forest Products, go to www.ufpi.com. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act, as amended, that are based on management’s beliefs, assumptions, current expectations, estimates and projections about the markets we serve, the economy and the Company itself. Words like “anticipates,” “believes,” “confident,” “estimates,” “expects,” “forecasts,” “likely,” “plans,” “projects,” “should,” variations of such words, and similar expressions identify such forward-looking statements. These statements do not guarantee future performance and involve certain risks, uncertainties and assumptions that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. The Company does not undertake to update forward-looking statements to reflect facts, circumstances, events, or assumptions that occur after the date the forward-looking statements are made. Actual results could differ materially from those included in such forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainty. Among the factors that could cause actual results to differ materially from forward-looking statements are the following: fluctuations in the price of lumber; adverse or unusual weather conditions; adverse economic conditions in the markets we serve; government regulations, particularly involving environmental and safety regulations; and our ability to make successful business acquisitions. Certain of these risk factors as well as other risk factors and additional information are included in the Company's reports on Form 10-K and 10-Q on file with the Securities and Exchange Commission.


News Article | April 18, 2017
Site: globenewswire.com

GRAND RAPIDS, Mich., April 18, 2017 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq:UFPI) today reported financial results for the first quarter ended April 1, 2017. “The employees of Universal delivered record first-quarter sales and profits, underscoring the success of our balanced business model and targeted approach to growing our business,” said CEO Matthew J. Missad. “Those records are even more impressive if you consider we did not have the same purchasing and weather advantages we enjoyed during the first quarter of 2016.” The Company’s retail and construction markets had net sales increases of 15 and 21 percent, respectively. The industrial market grew 37 percent, largely because of the September 2016 acquisition of idX Corp. “While we are pleased with these results, we see opportunities to do much more. We’re focused on a number of opportunities to grow sales and create efficiencies among our recent acquisitions that we expect will benefit us in 2017 and beyond.” The Company’s earnings growth fell short of its unit sales growth in the first quarter of 2017 due to a number of common business factors that impacted several operations. They include the loss in 2017 of inventory cost advantages that the Company realized the previous year in the industrial market, inclement weather in many areas of the country and the cost of start-up operations. By market, the Company posted the following first quarter 2017 gross sales results: $311.8 million, up 15 percent over the same period of 2016 Sales to the retail market grew 15 percent due to a 6 percent increase in selling prices and a 9 percent increase in unit sales, led by a 19 percent increase in sales to big box customers. Net of acquisitions, unit sales grew 2 percent. $267.8 million, up 21 percent over the same period of 2016 Unit sales to the construction market rose 13 percent in the first quarter, led by gains of 16 percent to residential construction customers and 14 percent to manufactured housing customers.  The Company remains focused on growing business selectively in areas where housing markets are the most stable. $277.2 million, up 37 percent over the same period of 2016 The Company’s growth in this market is primarily due to its acquisition of idX Corp., which closed in September of 2016. Excluding acquisitions, the Company grew unit sales in this market by 4 percent in the first quarter over the first quarter of 2016. The growth was generated both by adding new customers and by increasing the number of affiliates that serve large customers. Universal Forest Products will conduct a conference call to discuss information included in this news release and related matters at 8:30 a.m. ET on Wednesday, April 19, 2017. The call will be hosted by CEO Matthew J. Missad and CFO Michael Cole, and will be available for analysts and institutional investors domestically at (888) 685-5759 and internationally at (503) 343-6031. Use conference ID 83487335. The conference call will be available simultaneously and in its entirety to all interested investors and news media through a webcast at http://www.ufpi.com. A replay of the call will be available through May 19, 2017, at any of the following numbers: (855) 859-2056, (404) 537-3406 or (800) 585-5367. Universal Forest Products, Inc. is a holding company whose subsidiaries supply wood, wood composite and other products to three robust markets: retail, construction and industrial.  Founded in 1955, the Company is headquartered in Grand Rapids, Mich., with affiliates throughout North America, Europe, Asia and Australia. For more about Universal Forest Products, go to www.ufpi.com. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act, as amended, that are based on management’s beliefs, assumptions, current expectations, estimates and projections about the markets we serve, the economy and the Company itself. Words like “anticipates,” “believes,” “confident,” “estimates,” “expects,” “forecasts,” “likely,” “plans,” “projects,” “should,” variations of such words, and similar expressions identify such forward-looking statements. These statements do not guarantee future performance and involve certain risks, uncertainties and assumptions that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. The Company does not undertake to update forward-looking statements to reflect facts, circumstances, events, or assumptions that occur after the date the forward-looking statements are made. Actual results could differ materially from those included in such forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainty. Among the factors that could cause actual results to differ materially from forward-looking statements are the following: fluctuations in the price of lumber; adverse or unusual weather conditions; adverse economic conditions in the markets we serve; government regulations, particularly involving environmental and safety regulations; and our ability to make successful business acquisitions. Certain of these risk factors as well as other risk factors and additional information are included in the Company's reports on Form 10-K and 10-Q on file with the Securities and Exchange Commission.


News Article | February 22, 2017
Site: globenewswire.com

GRAND RAPIDS, Mich., Feb. 22, 2017 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq:UFPI) today announced record results in 2016, including record fourth-quarter net earnings attributable to controlling interest of $20.8 million, or $1.02 per diluted share, 9.8 percent higher than the fourth quarter of 2015. The Company also posted record annual net earnings attributable to controlling interest of $101.2 million, or $4.96 per diluted share, representing a 25.5 percent increase over 2015 annual net earnings attributable to controlling interest of $80.6 million, or $3.99 per diluted share. Fourth-quarter 2016 net sales of $859.6 million were up 31.5 percent over net sales for the same period of 2015. Annual net sales of $3.24 billion surpassed 2015 annual net sales of $2.89 billion by 12.2 percent and is a new record for the Company. Although acquisitions contributed to the records, most of the Company’s annual growth came from existing operations. “The people who work for the companies of Universal are the best in the business, and they continue to prove it with record-breaking results,” said CEO Matthew J. Missad. “They continuously look for ways to create efficiencies, reduce manufacturing costs and grow sales by building and deepening customer relationships. They also have been bringing a number of exciting new, value-added products to the market. I couldn’t be more proud of them.” New product sales grew 28.9 percent to $354.3 million in 2016, compared to $274.9 million in 2015. Higher lumber prices contributed about 4 percent and 1 percent to the Company’s fourth-quarter and annual sales growth, respectively. “Our results reflect the dedication of our employees and trust of our shareholders, and I want to thank them for their commitment to the Company,” added Missad. “We intend to continue to build on their trust with wise investments that will continue to grow our business in the future.” By market, the Company posted the following 2016 gross sales results: The Company benefited from an 11 percent increase in fourth-quarter unit sales to the Retail market, led by a 25 percent increase in sales to big box customers. The increase in total unit sales is attributable to market share gains, new products and improved consumer demand. The Company continues to add new products, develop relationships with new customers, and increase share with existing customers. Construction Overall, unit sales to the Construction market rose almost 20 percent in the fourth quarter, led by a strong gain of 30 percent to residential construction customers. According to the U.S. Census Bureau, housing starts during the period of September through November 2016 rose less than 1 percent over the same period last year. The Company remains focused on growing business selectively in areas where housing markets are the most stable. The Company’s growth in this market is primarily due to its acquisition of idX Corporation, which closed in September of 2016. Excluding acquisitions, the Company grew unit sales in this market by 11 percent in the fourth quarter by adding new customers and increasing share with existing customers. The Company plans to continue its efforts to focus on value-added products. Universal Forest Products will conduct a conference call to discuss information included in this news release and related matters at 8:30 a.m. ET on Thursday, February 23, 2017. The call will be hosted by CEO Matthew J. Missad and CFO Michael Cole, and will be available for analysts and institutional investors domestically at 888-685-5759, and internationally at 503-343-6031. Use conference pass code 40666839. The conference call will be available simultaneously and in its entirety to all interested investors and news media through a webcast at http://www.ufpi.com. A replay of the call will be available through March 23, 2017, at 855-859-2056, 404-537-3406 or 800-585-5367. Universal Forest Products, Inc. is a holding company that provides capital, management and administrative resources to subsidiaries that supply wood, wood composite and other products to three robust markets: retail, construction and industrial.  Founded in 1955, the Company is headquartered in Grand Rapids, Mich., with affiliates throughout North America, Europe, Asia and Australia. For more about Universal Forest Products, go to www.ufpi.com. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act, as amended, that are based on management’s beliefs, assumptions, current expectations, estimates and projections about the markets we serve, the economy and the Company itself. Words like “anticipates,” “believes,” “confident,” “estimates,” “expects,” “forecasts,” “likely,” “plans,” “projects,” “should,” variations of such words, and similar expressions identify such forward-looking statements. These statements do not guarantee future performance and involve certain risks, uncertainties and assumptions that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. The Company does not undertake to update forward-looking statements to reflect facts, circumstances, events, or assumptions that occur after the date the forward-looking statements are made. Actual results could differ materially from those included in such forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainty. Among the factors that could cause actual results to differ materially from forward-looking statements are the following: fluctuations in the price of lumber; adverse or unusual weather conditions; adverse economic conditions in the markets we serve; government regulations, particularly involving environmental and safety regulations; and our ability to make successful business acquisitions. Certain of these risk factors as well as other risk factors and additional information are included in the Company's reports on Form 10-K and 10-Q on file with the Securities and Exchange Commission.


News Article | December 5, 2016
Site: globenewswire.com

GRAND RAPIDS, Mich., Dec. 05, 2016 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (NASDAQ:UFPI) today announced that one of its subsidiaries has acquired all outstanding shares of The UBEECO Group Pty. Ltd., a manufacturer of wood packaging based in Erskine Park, Australia, a suburb of Sydney. Founded in 1970, UBEECO™ manufactures and distributes a variety of wood packaging and alternative material products, including boxes, crates, pallets, skids, protection packaging, packaging accessories and loose lumber. It also offers on-site packing services for many customers. The company’s FY 2016 sales were approximately $21.2 million (USD). UBEECO becomes the second packaging-related Australian acquisition by a Universal affiliate. In 2015, a Universal subsidiary purchased a majority interest in Integra Packaging Proprietary, Ltd., a manufacturer and distributor of integrated packaging products based in Brisbane, Australia. “UBEECO is a leader in the industrial packaging marketplace in Australia, and we are thrilled that the company and its talented people are joining the family of Universal,” said UFPI CEO Matt Missad. “They have an excellent reputation for quality products and customer service, they’re growing, and they have ambitious goals—and we value all of that. In addition, their leadership team is strong and has created not just a healthy business but also a good, strong corporate culture that fits well with ours.” “With this acquisition, we strengthen our foothold in the Australian packaging market, and create opportunities for synergies between our two Australian manufacturers, UBEECO and Integra Packaging,” Missad added. “We are pleased to be joining the Universal family of companies because we know they share our dedication to customers, to excellence, to growth, to profits and to the welfare of our employees,” said Chevalier Joseph Borg, cofounder and managing director of UBEECO, who will remain on the team as part of the acquisition. “We will be able to leverage Universal’s resources and expertise to take UBEECO to new levels of success.” UNIVERSAL FOREST PRODUCTS, INC. Universal Forest Products, Inc. is a holding company that provides capital, management and administrative resources to subsidiaries that supply wood, wood composite and other products to three robust markets: retail, construction and industrial.  Founded in 1955, the Company is headquartered in Grand Rapids, Mich., with affiliates throughout North America, Europe, Asia and Australia. For more about Universal Forest Products, go to www.ufpi.com. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act, as amended, that are based on management’s beliefs, assumptions, current expectations, estimates and projections about the markets we serve, the economy and the Company itself. Words like “anticipates,” “believes,” “confident,” “estimates,” “expects,” “forecasts,” “likely,” “plans,” “projects,” “should,” variations of such words, and similar expressions identify such forward-looking statements. These statements do not guarantee future performance and involve certain risks, uncertainties and assumptions that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. The Company does not undertake to update forward-looking statements to reflect facts, circumstances, events, or assumptions that occur after the date the forward-looking statements are made. Actual results could differ materially from those included in such forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainty. Among the factors that could cause actual results to differ materially from forward-looking statements are the following: fluctuations in the price of lumber; adverse or unusual weather conditions; adverse economic conditions in the markets we serve; government regulations, particularly involving environmental and safety regulations; and our ability to make successful business acquisitions. Certain of these risk factors as well as other risk factors and additional information are included in the Company's reports on Form 10-K and 10-Q on file with the Securities and Exchange Commission.

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