Just days after buying an interest in a Texas sawmill operator, Universal Forest Products has made another acquisition, this one in North Carolina.
UFPI announced that one of its subsidiaries has purchased assets of High Level Components, a building component manufacturer based in Locust, N.C. The deal closed March 31.
"As we have assessed opportunities for growth and a stable business climate, the greater Charlotte market has been an attractive target, and the capabilities, assets and opportunities presented by High Level Components provide a strong fit for our needs and objectives," said Universal Forest Products CEO Matthew J. Missad.
High Level will join Universal's UFPI Mid-Atlantic subsidiary, which operates in South Carolina, Virginia, Georgia and North Carolina. High Level Components Plant Manager Corey Misenheimer will lead the new company as general manager of operations.
UFPI is based in Grand Rapids, Mich.