Latest news with #UFPPackaging
Yahoo
2 days ago
- Business
- Yahoo
UFP Industries (UFPI) Stock Trades Up, Here Is Why
What Happened? Shares of building materials manufacturer UFP Industries (NASDAQ:UFPI) jumped 3.7% in the afternoon session after the stock rallied along with the broader industrials sector, fueled by optimism for a potential Federal Reserve interest rate cut and an extension of the U.S.-China tariff truce. The rally in the industrials sector was driven by a favorable inflation report, which boosted investor hopes that the Federal Reserve might cut interest rates. Lower rates would reduce borrowing costs for businesses, making it cheaper to invest in equipment and stimulating economic activity. This prospect particularly benefits cyclical sectors like construction and manufacturing, which are sensitive to capital investment. Adding to the positive sentiment, the U.S. and China agreed to extend their trade truce, delaying tariffs and alleviating concerns about trade disruptions. This pause provides relief for companies with global supply chains and offers greater certainty for medium- to long-term business planning. The shares closed the day at $102.56, up 4.1% from previous close. Is now the time to buy UFP Industries? Access our full analysis report here, it's free. What Is The Market Telling Us UFP Industries's shares are not very volatile and have only had 7 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The previous big move we wrote about was 27 days ago when the stock gained 3.6% on the news that its UFP Packaging division unveiled the U-Loc 200, a new and innovative crate system that can be assembled and disassembled without tools. This new patent-pending fastener system is designed to address a major safety concern in the shipping industry, as it eliminates the need for nail and staple guns, which contribute to thousands of emergency room visits each year. By providing a safer and more efficient crating solution, the U-Loc 200 is also fully reusable, which could appeal to customers focused on sustainability and cost-effectiveness. The introduction of this unique product positions UFP Industries as a leader in packaging innovation and could help it capture a larger share of the market by solving key customer challenges. UFP Industries is down 7.8% since the beginning of the year, and at $102.54 per share, it is trading 26.2% below its 52-week high of $139.02 from November 2024. Investors who bought $1,000 worth of UFP Industries's shares 5 years ago would now be looking at an investment worth $1,612. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
Yahoo
16-07-2025
- Business
- Yahoo
UFP Packaging Launches First Tool-Free Crate System, Leading the Way on Safer Supply Chains
Reusable U-Loc 200 fasteners address one of the shipping industry's biggest safety challenges. GRAND RAPIDS, Mich., July 16, 2025--(BUSINESS WIRE)--UFP Packaging today unveiled the U-Loc 200, a new crate featuring the first tool-free fastener for assembly and disassembly. This patent-pending fastener eliminates the need for nail and staple guns, tools that contribute to an estimated 37,000 emergency room visits annually. The U-Loc 200 provides a safer and more efficient crating solution with a fully reusable design. "After decades without meaningful change, the U-Loc 200 marks the next major innovation in open-style crating—one that finally puts worker safety first," said Robert Bilbrough, Director of Product Development & Marketing. The U-Loc 200 reflects UFP Packaging's commitment to innovation—helping customers improve operational efficiency while enhancing workplace safety. The Smarter Alternative to Traditional Crating The U-Loc 200 fastener is made from flexible polyamide (nylon) and features a built-in "finger grip" for easy hand application and removal. Its reusable design, reinforced by anti-slip teeth and two additional hooks that connect all faces of the crate corner, provides the strength and stability needed to replace nails. By eliminating pneumatic and prying tools, U-Loc 200 safeguards employees and protects sensitive products while maintaining crate integrity. This solution is ideal for packaging high-value items, including medical equipment, technology, glass products, appliances and other delicate items. For more information about U-Loc 200, visit or email Robert Bilbrough at rbilbrough@ About UFP Packaging UFP Packaging is a leading North American provider of industrial packaging solutions and the largest producer of wooden pallets and crates in the United States. With expertise in metal fabrication, corrugated conversion and labeling, UFP Packaging offers a full range of packaging services, positioning itself as a comprehensive provider. Headquartered in Grand Rapids, Mich., UFP Packaging is a subsidiary of UFP Industries, Inc. (Nasdaq: UFPI). For more information, visit View source version on Contacts Zeb Sign in to access your portfolio
Business Wire
16-07-2025
- Business
- Business Wire
UFP Packaging Launches First Tool-Free Crate System, Leading the Way on Safer Supply Chains
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Packaging today unveiled the U-Loc 200, a new crate featuring the first tool-free fastener for assembly and disassembly. This patent-pending fastener eliminates the need for nail and staple guns, tools that contribute to an estimated 37,000 emergency room visits annually. The U-Loc 200 provides a safer and more efficient crating solution with a fully reusable design. "After decades without meaningful change, the U-Loc 200 marks the next major innovation in open-style crating—one that finally puts worker safety first," said Robert Bilbrough, Director of Product Development & Marketing. The U-Loc 200 reflects UFP Packaging's commitment to innovation—helping customers improve operational efficiency while enhancing workplace safety. The Smarter Alternative to Traditional Crating The U-Loc 200 fastener is made from flexible polyamide (nylon) and features a built-in "finger grip" for easy hand application and removal. Its reusable design, reinforced by anti-slip teeth and two additional hooks that connect all faces of the crate corner, provides the strength and stability needed to replace nails. By eliminating pneumatic and prying tools, U-Loc 200 safeguards employees and protects sensitive products while maintaining crate integrity. This solution is ideal for packaging high-value items, including medical equipment, technology, glass products, appliances and other delicate items. For more information about U-Loc 200, visit or email Robert Bilbrough at rbilbrough@ About UFP Packaging UFP Packaging is a leading North American provider of industrial packaging solutions and the largest producer of wooden pallets and crates in the United States. With expertise in metal fabrication, corrugated conversion and labeling, UFP Packaging offers a full range of packaging services, positioning itself as a comprehensive provider. Headquartered in Grand Rapids, Mich., UFP Packaging is a subsidiary of UFP Industries, Inc. (Nasdaq: UFPI). For more information, visit
