UFP Industries announced that its affiliate, UFP Packaging, has acquired the assets of C&L Wood Products, Inc. (C&L), a manufacturer of pallets and mulch based in Hartselle, Alabama.
The company had trailing 12-month sales through November 2024 of $24.8 million. And C&L will operate as part of UFP Packaging’s PalletOne business unit, a top manufacturer of machine-built pallets in the U.S.
C&L’s leadership team, including President Henry Bowman and Operations Manager Frank Janek, will remain with the company. And C&L was founded in 1975 and acquired by Henry and Blythe Bowman in 1996.
When acquired, C&L had 10 employees and under $1 million in revenue. And under Henry’s leadership, C&L expanded its operations, adding machinery and other facilities. Today, C&L employs approximately 115 people and serves customers within a 150-mile radius.
KEY QUOTES:
“The addition of C&L expands PalletOne’s geographic footprint, giving us new access to high-volume pallet production in northern Alabama. In addition, we see opportunities to expand C&L’s operations to serve a wider range of customers our elite PalletOne products.”
– Justin Elwell, executive vice president of PalletOne
“We’re excited to join the leading packaging solution provider in the U.S. Both companies in this deal have great teams, and we are looking forward to bringing them together to create more wins through innovation and growth for our customers, our company and our employees.”
– Henry Bowman
