MHProNews has learned from BusinessWire, Universal Forest Products, Inc. (UFPI), component supplier to the manufactured housing industry, posted net sales for 2012 of $2.1 billion, 12.8 percent better than 2011. Net income for 2012 of $23.9 million more than quintupled the $4.5 million net in 2011. While net sales for Q4 2012 of $470.8 were up 11.5 percent over the previous year, the $1.9 million net loss was higher than the $1.7 million net loss for the fourth quarter of 2011. In its manufactured housing division, gross sales for the 2012 totaled $314.1 million, a 28.4 percent spike over the prior year. For the fourth quarter 2012, gross sales of $74.6 million showed an increase of 26.3 percent over the same period in 2011.

(Photo credit: UFPI)