Universal Forest Products Restructures into Two Entities
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Universal Forest Products, Grand Rapids, Mich., USA, reports that it has changed its structure "to enhance the company's growth and profitability." Beginning January 1, Universal's Eastern Division was divided into two entities: a Northern Division and a Southern Division. Scott Greene, currently president of the Eastern Division, will become president of the Southern Division. Robert Lees, a 32-year Universal veteran and regional VP of the company's Northeast Region, is being promoted to president of the Northern Division.
The company also announced the appointment of Michael Mordell to executive VP of Purchasing. Mordell, an industry veteran and 16-year Universal manager and leader, will oversee the newly integrated purchasing company, and replaces David Phelps, who is retiring. Additionally, the company's legal entity structure is being modified to more closely reflect its management structure.
Universal Forest Products is a holding company that provides capital, management, and administrative resources to subsidiaries that design, manufacture, and market wood and wood-alternative products for DIY/retail home centers and other retailers, structural lumber products for the manufactured housing industry, engineered wood components for the site-built construction market, and specialty wood packaging and components for various industries.
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