UFP Industries to buy pallet maker Apache Products for about $27 million
UFP Industries agreed to acquire the assets of Apache Products, known as Acme Skid, in Texas for about $27 million. The deal expands its pallet network on the Gulf Coast.
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what happened
UFP Industries (Nasdaq: UFPI) has acquired the operating assets of Apache Products, Inc., doing business as Acme Skid, a pallet manufacturer in Silsbee, Texas. The purchase price is approximately $27 million and includes real estate. According to the company, the deal adds about $55 million in annual sales and 165 employees.
The Apache facility will be folded into the UFP Packaging pallet network, strengthening the company's reach along the Gulf Coast, one of the largest industrial and petrochemical markets in the United States. The transaction is expected to close on or around November 16, 2026. The news was published by TradingView, based on a PRNewswire press release, and Reuters also carried a brief summary.
why it matters
For the broader market the deal is minor, a small acquisition in the packaging segment. For UFPI shareholders it adds capacity and access to new regional customers in an area with heavy industrial and petrochemical activity, so demand for its packaging will track activity in those sectors.
tags
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sources
- UFP Industries Expands Pallet Manufacturing Network Through Acquisition of Apache Products — TradingView, 26 October 2026 at 16:45 UTC
- UFP Industries Expands Pallet Manufacturing Network Through Acquisition Of Apache Products — Reuters, 26 October 2026 at 17:34 UTC
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