TimberBase launches global B2B platform for buying and selling lumber and building materials
14 Novembro 2023 - 6:01PM
Business Wire
TimberBase, an affiliate of UFP Industries, Inc. (Nasdaq: UFPI),
today announced the launch of TimberBase.com, a B2B digital
platform for buying and selling lumber and building materials.
Purchased from German tech start-up Timber Base GmbH in February
2023, the platform has been upgraded with a more intuitive
interface, supported by UFP’s team of international industry
experts, to simplify the buying and selling process for customers
and suppliers around the world.
“TimberBase will host a broad portfolio of lumber and building
material products,” said Andy Cubeta, vice president of
international trading for TimberBase. “This automated, easy-to-use
platform provides several modern advances, such as real-time order
tracking, a live chat function for immediate assistance and expert
guidance, and the ability to quickly and easily create and accept
order requests. The world is rapidly changing, and our TimberBase
team will be on the forefront of modernizing the trading activities
of the global timber industry. Our goal is to be the leading global
B2B platform for buying and selling lumber and building
materials.”
“A global trading presence strengthens UFP Industries’ sourcing
advantage by providing access to valuable wood baskets throughout
the world,” said Dick McBride, executive vice president.
“TimberBase will enhance this advantage for our manufacturing
operations in North America, Europe, Asia, and Australia through
new supplier relationships. It also will provide opportunities for
us to export our products anywhere in the world and connect
suppliers and other manufacturers with each other. Trading in this
industry has primarily been via phone and email. Now it will be
conducted ultra-efficiently through TimberBase.”
About TimberBase
TimberBase is the industry’s most advanced sales platform,
connecting thousands of buyers and sellers worldwide. It’s an
online marketplace delivering a wide array of lumber and building
materials, all while simplifying transactions. The easy-to-use
platform incorporates automation and creates efficiencies
throughout the process, bringing the timber industry confidently
into a modern platform.
UFP Industries, Inc.
The subsidiaries of UFP Industries – UFP Packaging, 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, Mich., with affiliates in North
America, Europe, Asia and Australia. UFP Industries is ranked #403
on the Fortune 500 and #149 on Industry Week’s list of America’s
Largest Manufacturers. For more about UFP Industries, go to
www.ufpi.com.
This press release contains forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act, as
amended, that are based on management’s beliefs, assumptions,
current expectations, estimates and projections about the markets
we serve, the economy and the Company itself. Words like
“anticipates,” “believes,” “confident,” “estimates,” “expects,”
“forecasts,” “likely,” “plans,” “projects,” “should,” variations of
such words, and similar expressions identify such forward-looking
statements. These statements do not guarantee future performance
and involve certain risks, uncertainties and assumptions that are
difficult to predict with regard to timing, extent, likelihood and
degree of occurrence. The Company does not undertake to update
forward-looking statements to reflect facts, circumstances, events,
or assumptions that occur after the date the forward-looking
statements are made. Actual results could differ materially from
those included in such forward-looking statements. Investors are
cautioned that all forward-looking statements involve risks and
uncertainty. Among the factors that could cause actual results to
differ materially from forward-looking statements are the
following: fluctuations in the price of lumber; adverse or unusual
weather conditions; adverse economic conditions in the markets we
serve; government regulations, particularly involving environmental
and safety regulations; and our ability to make successful business
acquisitions. Certain of these risk factors as well as other risk
factors and additional information are included in the Company's
reports on Form 10-K and 10-Q on file with the Securities and
Exchange Commission.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231114354039/en/
Chris Camfferman Director of Marketing, UFP International
616-365-1554
UFP Industries (NASDAQ:UFPI)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
UFP Industries (NASDAQ:UFPI)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024