Operator
Ladies and gentlemen, thank you for standing by, and welcome to the UFP Industries Second Quarter 2021 Earnings Conference Call. [Operator Instructions]
I would now like to hand the conference over to your speaker, Mr. Dick Gauthier, Vice President of Business Outreach.
Dick Gauthier
Welcome to the second quarter 2021 conference call for UFP Industries.
Hosting the call today are CEO, Matt Missad; and CFO, Mike Cole. Matt and Mike will offer prepared remarks, and then the call will be opened for questions. This conference call is available simultaneously in its entirety to all interested investors and news media through our webcast at ufpi.com. A replay will also be available at that website.
UFP Industries Inc., Grand Rapids, Mich., added the American Funds Growth and Income Fund to the investment options lineup of its 401(k) plan in 2020.
The plan added the active domestic large-cap growth equity fund managed by Capital Group in the year ended Dec. 31, according to the company's 11…
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the First Quarter 2021 Earnings Conference Call for UFP Industries. [Operator Instructions]
I would now like to turn the conference over to Dick Gauthier, Vice President of Business Outreach. Please go ahead.
Dick Gauthier
Vice President, Business Outreach
Welcome to the first quarter 2021 conference call for UFP Industries. Hosting the call today are CEO, Matt Missad; and CFO, Mike Cole. Matt and Mike will offer prepared remarks and then the call will be opened for questions. This conference call is available simultaneously in its entirety to all interested investors and news media through our webcast at ufpi.com. A replay will also be available at that website through April 24, 2021.
UFPI board approves quarterly dividend of $0 15 per share streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Subsidiary of UFP Industries closes on purchase of Spartanburg Forest Products and its affiliates
April 12, 2021 16:30 ET | Source: UFP Industries, Inc. UFP Industries, Inc. Grand Rapids, Michigan, UNITED STATES
GRAND RAPIDS, Mich., April 12, 2021 (GLOBE NEWSWIRE) UFP Industries, Inc. (Nasdaq: UFPI) today announced that its wholly owned subsidiary Sunbelt Forest Products Corporation closed on its agreement to purchase the net operating assets of Spartanburg Forest Products, Inc. and its affiliates. The purchase price for Spartanburg’s property, plants and equipment is approximately $16.5 million. Sunbelt also purchased Spartanburg’s net working capital for an amount equal to the net book value determined on the date of closing, which totaled approximately $146.5 million.