UFPT Stock Discussion

UFP Technologies, Inc. Description

UFP Technologies, Inc. engages in the production and sale of custom-engineered components, products, and specialty packaging solutions to medical, automotive, aerospace and defense, and packaging markets in the United States. The company operates in two segments, Component Products and Packaging. The Component Products segment uses cross-linked polyethylene and reticulated polyurethane foams, fabric and foam laminates, and natural fiber materials to produce component products, including automotive interior trim, medical device components, disposable wound care components, military uniform and gear components, athletic padding, air filtration, high-temperature insulation, and abrasive nail files and other beauty aids. This segment also provides wine shipping solutions made from molded fiber under the Wine Packs name; tube and pipe insulation for clean room environments under the T-Tubes name; pharmaceutical bag protection system under the BioShell name; sanitary solution for nail care services under the Pro-Sticks name; and multi-purpose cleaning eraser under the Erasables name. The Packaging segment designs, manufactures, and markets a range of packaging solutions primarily using polyethylene, polyurethane, cross-linked polyethylene foams, and rigid plastics to original equipment and component manufacturers. This segment offers packaging solutions, which include foam inserts for protective shipping cases, molded foam enclosures for orthopedic implants, plastic trays for medical devices and components, and end-cap packs for electronics. The company markets and sells its products through direct sales forces, independent manufacturer representatives, and distributors. The company was founded in 1963 and is headquartered in Georgetown, Massachusetts.

Sector: Consumer Cyclical
Industry: Packaging & Containers
Keywords: Aerospace Electronics Plastic Organic Compounds Commodity Chemicals Thermoplastic Packaging Materials Wound Polyethylene Uniform Dielectric Abrasives Organic Polymers Packaging Solutions Component Products Polyurethane Component Manufacturers Building Insulation Materials Spray Foam Military Uniform