Executive Chairman, UFP Industries, Inc.
Search every verified Matthew Missad interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Matthew Missad, CEO of UFP Industries, discussed the company's outlook and strategy during the Q4 2019 earnings call. He stated that repair and remodel projections remain strong and that customers are bullish on market conditions, leading the company to expect a steady growth pattern. He also noted opportunities to gain market share, including with big-box retailers. Regarding mergers and acquisitions, Missad said the M&A pipeline is robust but emphasized the company's disciplined capital allocation model, which prioritizes avoiding overpayment to ensure reasonable returns. He indicated that UFP Industries is being selective, targeting acquisitions in specific growth areas, and would consider alternative methods such as greenfield projects if suitable returns are not available. He also commented that European spruce products are not direct substitutes for southern yellow pine in treated applications.
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