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Ufp Technologies Inc   (UFPT)
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Ufp Technologies Inc's Suppliers Performance

UFPT's Supply Chain

 
UFPT Costs vs Sales of Suppliers Growth Revenues of Ufp Technologies Inc's Suppliers, deteriorated by -12 % compared to the same quarter a year ago, from the previous quarter, sales fell by -3.86 %, Ufp Technologies Inc recorded an increase in cost of sales by 10.29 % year on year, sequentially cost of sales grew by 2.67 % in Q4.

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Ufp Technologies Inc's Suppliers realized a deteriorated in sales by -12 % compared to the same quarter a year ago, from the previous quarter, sales fell by -3.86 %, Ufp Technologies Inc recorded increase in cost of sales by 10.29 % year on year, sequentially cost of sales grew by 2.67 % in Q4.

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  News about Ufp Technologies Inc Contracts



Ufp Technologies Inc's Comment on Supply Chain


The Company’s manufacturing operations consist primarily of cutting, routing, molding, vacuum-forming, laminating, and assembling. For custom-molded foam products, the Company’s skilled engineering personnel analyze specific customer requirements to design and build prototype products to determine product functionality. Upon customer approval, prototypes are converted to final designs for commercial production runs. Molded cross-linked foam products are produced in a thermoforming process using heat, pressure, and precision metal tooling.

Cushion foam packaging products that do not utilize cross-linked foam are fabricated by cutting shapes from blocks of foam, using specialized cutting tools, routers, water jets, and hot wire equipment, and assembling these shapes into the final product using a variety of foam welding or gluing techniques. Products can be used on a stand-alone basis or bonded to another foam product or other material such as a corrugated medium.

Laminated products are produced through a process whereby the foam medium is heated to the melting point. The heated foam is then typically bonded to a non-foam material through the application of mechanical pressure.

Molded fiber products are manufactured by vacuum-forming a pulp of recycled or virgin paper materials onto custom-engineered molds. With the application of vacuum and air, the molded parts are pressed and transferred to an in-line dryer, from which they exit ready for packing or subsequent value-added operations.

The Company does not manufacture any of the raw materials used in its products. With the exception of certain grades of cross-linked foam and technical polyurethane foams, these raw materials are available from multiple supply sources. Although the Company relies upon a limited number of suppliers for cross-linked and technical polyurethane foams, the Company’s relationships with such suppliers are good, and the Company expects that these suppliers will be able to meet its requirements for these foams. Any delay or interruption in the supply of raw materials could have a material adverse effect on the Company’s business.

Ufp Technologies Inc's Comment on Supply Chain


The Company’s manufacturing operations consist primarily of cutting, routing, molding, vacuum-forming, laminating, and assembling. For custom-molded foam products, the Company’s skilled engineering personnel analyze specific customer requirements to design and build prototype products to determine product functionality. Upon customer approval, prototypes are converted to final designs for commercial production runs. Molded cross-linked foam products are produced in a thermoforming process using heat, pressure, and precision metal tooling.

Cushion foam packaging products that do not utilize cross-linked foam are fabricated by cutting shapes from blocks of foam, using specialized cutting tools, routers, water jets, and hot wire equipment, and assembling these shapes into the final product using a variety of foam welding or gluing techniques. Products can be used on a stand-alone basis or bonded to another foam product or other material such as a corrugated medium.

Laminated products are produced through a process whereby the foam medium is heated to the melting point. The heated foam is then typically bonded to a non-foam material through the application of mechanical pressure.

Molded fiber products are manufactured by vacuum-forming a pulp of recycled or virgin paper materials onto custom-engineered molds. With the application of vacuum and air, the molded parts are pressed and transferred to an in-line dryer, from which they exit ready for packing or subsequent value-added operations.

The Company does not manufacture any of the raw materials used in its products. With the exception of certain grades of cross-linked foam and technical polyurethane foams, these raw materials are available from multiple supply sources. Although the Company relies upon a limited number of suppliers for cross-linked and technical polyurethane foams, the Company’s relationships with such suppliers are good, and the Company expects that these suppliers will be able to meet its requirements for these foams. Any delay or interruption in the supply of raw materials could have a material adverse effect on the Company’s business.


UFPT's Suppliers Net profit fell by UFPT's Suppliers Net margin fell in Q4 to
-52.71 % 2.67 %


Ufp Technologies Inc 's Suppliers Sales Growth in Q4 2023 by Industry

Suppliers from Chemical Manufacturing Industry -4.18 %   
Suppliers from Chemicals - Plastics & Rubber Industry -7.94 %   
Suppliers from Miscellaneous Fabricated Products Industry      38.15 %
Suppliers from Paper & Paper Products Industry      4.13 %
Suppliers from Industrial Machinery and Components Industry      0.3 %
Suppliers from Conglomerates Industry      2.77 %
Suppliers from Oil & Gas Integrated Operations Industry -14.13 %   
Suppliers from Oil Well Services & Equipment Industry -11.08 %   
Suppliers from Medical Equipment & Supplies Industry -29.16 %   
Suppliers from Professional Services Industry      12.92 %
Suppliers from Home Improvement Industry      0.41 %
     
• UFPT Suppliers Valuation • UFPT Suppliers Mgmt. Effect.





UFPT's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Ufp Technologies Inc 1,605.17 399.23 44.92 722
Ascent Industries Co 108.55 280.25 -37.64 698
Adm Tronics Unlimited Inc 5.85 2.85 -0.72 21
Albemarle Corporation 16,235.30 9,617.20 1,670.54 6,000
Ashland Inc 5,035.63 2,191.00 178.00 11,000
Avient Corporation 3,691.97 3,142.50 76.20 0
Avery Dennison Corporation 17,566.87 8,363.50 503.00 36,000
Axalta Coating Systems Ltd 7,233.06 5,184.10 268.50 13,000
Barnes Group Inc 1,802.90 1,450.87 16.00 5,036
Cabot Corporation 4,890.39 3,931.00 484.00 4,300
The Chemours Company 3,026.15 6,004.00 -308.00 7,000
Celanese Corporation 16,621.72 10,940.00 1,964.00 8,529
Calumet Specialty Products Partners l p 1,247.51 4,202.70 362.70 2,000
Conocophillips 136,103.84 56,141.00 10,957.00 9,900
Csw Industrials Inc 3,593.16 775.79 97.67 750
Chevron Corp 285,942.05 200,949.00 21,411.00 42,595
Dupont De Nemours Inc 31,135.50 12,068.00 462.00 28,000
Dow Inc 40,138.20 44,622.00 660.00 35,700
Eastman Chemical Co 10,472.57 9,210.00 896.00 14,000
Fmc Corporation 7,076.86 4,486.00 1,321.00 6,400
L b Foster Company 244.42 545.14 -41.88 1,241
Flotek Industries Inc 91.76 193.87 3.58 363
Gevo inc 213.57 13.37 -73.13 74
Honeywell International Inc 132,752.58 36,662.00 5,672.00 99,000
Huntsman Corporation 4,536.14 6,111.00 153.00 15,000
Innospec Inc 3,107.50 1,963.90 126.80 1,800
Illinois Tool Works Inc 79,510.10 16,107.00 2,957.00 45,000
Quaker Chemical Corporation 3,610.07 1,969.76 16.70 2,020
Lyondellbasell Industries N v 32,924.75 39,063.00 1,902.00 19,100
Newmarket Corporation 6,170.19 2,697.51 388.86 1,998
Ingevity Corporation 1,644.48 1,691.90 -5.40 1,500
Nl Industries inc 249.05 157.36 -13.32 2,776
Enviri Corporation 626.77 2,069.23 -88.10 0
Olin Corporation 6,935.23 6,833.00 452.00 6,400
Photronics Inc 1,779.66 891.16 199.63 1,475
Ppg Industries Inc 33,613.46 18,246.00 1,309.00 49,300
Rpm International Inc 14,961.13 6,467.85 449.53 13,394
Stepan Company 2,045.36 2,419.82 52.23 2,073
The Sherwin williams Company 85,746.30 23,051.10 2,388.80 61,000
Sunoco Lp 6,536.14 23,068.00 824.00 22,500
Trecora Resources 231.52 301.32 8.99 310
Trinseo Plc 158.74 3,474.50 -946.70 2,197
Unique Fabricating Inc 1.97 134.91 -23.36 734
Valaris Limited 4,740.53 1,784.20 866.80 11,100
Valero Energy Corp 50,152.45 144,766.00 9,149.00 9,813
Valvoline Inc 5,658.33 1,483.50 1,369.70 5,150
Vystar Corporation 1.13 -1.37 -3.42 1
Westlake Corporation 17,957.32 12,548.00 522.00 8,870
Exxon Mobil Corporation 423,370.66 344,582.00 37,354.00 63,000
SUBTOTAL 1,511,499.38 1,082,856.79 105,951.57 678,118


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