{"id":77167,"date":"2019-02-25T13:00:06","date_gmt":"2019-02-25T13:00:06","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/universal-forest-products-acquires-wolverine-wood-products\/"},"modified":"2025-09-19T08:50:01","modified_gmt":"2025-09-19T08:50:01","slug":"universal-forest-products-acquires-wolverine-wood-products","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/universal-forest-products-acquires-wolverine-wood-products\/","title":{"rendered":"Universal Forest Products acquires Wolverine Wood Products"},"content":{"rendered":"
\n

Universal Forest Products, Inc. announced that one of its affiliates has signed an agreement to purchase the operating assets of Wolverine Wood Products, Inc.<\/em><\/p>\n

Founded in 2008 in Grand Rapids, Michigan, 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. The acquisition will expand Universal\u2019s 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.<\/p>\n

\u201cWolverine 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\u2019t provide,\u201d said CEO Matt Missad. \u201cWe\u2019re fortunate to have Mike Petersen and his team join the Universal family of companies. Mike has 32 years of experience in sales and automation integration, and he\u2019s leveraged it into a successful and quickly growing business.\u201d<\/p>\n

\u201cUniversal Forest Products is a world-class company with exceptional people and an excellent market reputation,\u201d said Mike. \u201cThis will allow Wolverine to continue to expand its market presence as well as synergize with other Universal affiliates. We are very excited to join the Universal family of companies and to continue to leverage experience and technology to solve manufacturing problems.\u201d<\/p>\n

About UFPI<\/strong><\/p>\n

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.<\/p>\n<\/div>\n

<\/h2>","protected":false},"excerpt":{"rendered":"

Universal Forest Products, Inc. announced that one of its affiliates has signed an agreement to purchase the operating assets of Wolverine Wood Products, Inc. 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