UNIVERSAL FOREST PRODUCTS, INC. (NASDAQ:UFPI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective as of the close of business on May 2, 2018, Mr. Gary F. Goode resigned as a member of the Board of Directors of the Company. Mr. Goode served as a director of the Company since 2003. His resignation was not due to any disagreement with the Company or Company management. The Company has determined that it will not immediately fill the vacancy created by Mr. Goode’s resignation, and simultaneously with his resignation, reduced the size of the Company’s Board of Directors to eight members.
About UNIVERSAL FOREST PRODUCTS, INC. (NASDAQ:UFPI)
Universal Forest Products, Inc. is a holding company. The Company, through its subsidiaries, supplies wood, wood composite and other products to three primary markets: retail, construction and industrial. Its industrial market serves as industrial manufacturers and other customers for packaging, material handling and other applications. The Company’s segments include North, South, West, Alternative Materials, International and Corporate divisions. The Company designs, manufactures and markets wood and wood-alternative products for national home centers and other retailers, structural lumber and other products for the manufactured housing industry, engineered wood components for residential and commercial construction, and specialty wood packaging, components and packing materials for various industries. The Company’s construction market consists of customers in three submarkets, including manufactured housing, residential construction and commercial construction.
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