Universal Completes Purchase of D-Stake Mill, Inc. and Manufacturing Country in Oregon


Grand Rapids, Michigan, USA, 10 June 2008 -– Universal Forest Products, Inc. (Nasdaq: UFPI) today announced that one of its subsidiaries has purchased certain assets of D-Stake Mill, Inc., in McMinnville, Oregon, and Manufacturing Country, in Independence, Oregon. The acquisition expands Universal’s reach and capacity in the growing industrial products market.

D-Stake and Manufacturing Country manufacture kiln stickers, lath, stakes, decking, and pallets and pallet components for a variety of manufacturing, retail, and agriculture industries. In 2007, sales to their customer base, which is concentrated in California, Washington, and Oregon, totaled approximately USD 18.5 million. Universal Forest Products Western Division finalized the purchase on 09 June 2008.

Headquartered in Grand Rapids, Michigan, with approximately 100 facilities throughout North America, Universal Forest Products engineers, manufactures, and markets wood and wood-alternative products for DIY and retail home centers, structural lumber products for the manufactured housing industry, engineered wood components and framing services for the site-built construction market, and specialty wood packaging and components for various industries. The company also provides wood forms for concrete construction. For 2007, the company reported sales of more than USD 2.5 billion. For information about Universal Forest Products, visit www.ufpi.com.