UFP Industries has acquired C&L Wood Products to enhance its PalletOne business and expand its operations into Northern Alabama and Central Tennessee.
Target Information
UFP Industries has announced the acquisition of C&L Wood Products, Inc., a manufacturer of pallets and mulch located in Hartselle, Alabama. The acquisition will strengthen UFP's affiliate, UFP Packaging, LLC, by integrating C&L's operations into its PalletOne business unit, which is recognized as a leading manufacturer of machine-built pallets in the United States. C&L generated trailing 12-month sales of $24.8 million up to November 2024 and has a workforce of around 115 employees.
C&L Wood Products was founded in 1975 and was acquired by Henry and Blythe Bowman in 1996. At the time of acquisition, C&L had only 10 employees and annual revenues of less than $1 million. Under the leadership of Henry Bowman, the company has significantly expanded its operations and capabilities, and now services a broad customer base within a 150-mile radius of its location.
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Industry Overview in Alabama
The pallet manufacturing industry in Alabama has seen robust growth, driven by increasing demand for shipping solutions and logistics support. Alabama's strategic location and transportation infrastructure ma
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UFP Industries
invested in
C&L Wood Products, Inc.
in 2025
in a Buyout deal
Disclosed details
Revenue: $25M