UFP Industries acquires John Rock, Inc. pallet assets for $48M; adds three locations in PA and VA

UFP INDUSTRIES INC

Acquisition of John Rock, Inc. pallet assets for ~$48M; includes three locations in PA and VA.
Adds approximately $82M in annual sales and nearly 250 employees to UFP's PalletOne unit.
Fills key geographic gap in Northeast region; strengthens PalletOne's ability to serve national customers.
Fourth location (Dilwyn, VA sawmill) remains with seller Kamps Pallets.
UFP CEO says acquisition strengthens core packaging business and provides platform for operational improvement.

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