Board Converting News, December 19, 2022

UFP Packaging Acquires (CONT’D FROM PAGE 1)

Core Competency

plan to replicate in target geographic markets where we can utilize both customer and distribution synergies. Ti- tan’s operations are highly automated and overseen by talented team members dedicated to serving the custom- er. We can learn from their use of automation and robotics, and Titan will benefit from our support staff, capital and extensive customer base.” Jon Reneau added, “I am proud of the team at Titan and am excited by the opportunities that will come to us as part of the UFP family of companies. We look forward to helping drive UFP’s mission to become the leading global packaging solutions provider.” UFP Industries is a holding company whose operating subsidiaries – UFP Industrial, UFP Construction and UFP Retail Solutions – manufacture, distribute and sell a wide variety of value-added products used in residential and commercial construction, packaging and other industrial applications worldwide. Founded in 1955, the company is headquartered in Grand Rapids, Michigan, with affiliates in North America, Europe, Asia and Australia. UFP Industries is ranked #401 on the Fortune 500 and #149 on Industry Week’s list of America’s Largest Manu- facturers. For more information about UFP Industries, visit the company website at ufpi.com .

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© Blower Application Company, Inc., Germantown, WI 2020

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December 19, 2022

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