UFP Industries Inc. is launching B2B marketplace TimberBase. The company supplies products primarily manufactured from wood, wood and non-wood composites, and other materials.
UFP Industries generates annual sales of $7.6 billion and is based in Grand Rapids, Michigan. It has launched TimberBase.com, a B2B marketplace for buying and selling lumber and building materials.
UFP Industries launches TimberBase B2B marketplace
“TimberBase will host a broad portfolio of lumber and building material products,” said Andy Cubeta, vice president of international trading for TimberBase. “The world is rapidly changing, and TimberBase 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.”
The newly established marketplace features a dashboard where buyers can log in to:
- Order and track supplies
- View lumber and building materials catalog with a wide range of grades, species, and dimension s
- Request custom quotes among other features
Key details such as how many buyers and sellers have signed up for TimberBase.com or how many products are available online have yet to be released.
But UFP launched TimberBase.com to expand internationally, the company says.
“TimberBase will enhance this advantage for our manufacturing operations in North America, Europe, Asia, and Australia through new supplier relationships,” says executive vice president Dick McBride. “Trading in this industry has primarily been via phone and email. Now, it will be conducted ultra-efficiently through TimberBase.”
UFP Industries designs, manufactures, and markets wood and wood-alternative products, primarily used to enhance outdoor living environments, for national home centers and other retailers, engineered wood components, structural lumber, and other products for factory-built and site-built residential and commercial construction, customized interior fixtures.
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