Universal Forest Products Buys Truss Manufacturer
Universal Forest Products, Inc., Grand Rapids, MI, announced its subsidiary has acquired Dura-Bilt Mfg. Co., a roof and floor truss manufacturer based in Riverbank, CA. Dura-Bilt's 2005 sales were approximately $16 million.
The purchase will expand Universal's manufacturing capacity in the Northern California market, allowing Universal to serve national and regional home builders in the area.
'Our acquisition strategy has been to target successful businesses that can add to our capacity or enhance our product offerings in strategic geographic areas,' said Universal CEO and Chairman William G. Currie. 'We were seeking to expand our ability to supply engineered wood components used in the construction of site-built housing in Northern California. Dura-Bilt ...