UFP Technologies (UFPT) is a producer of innovative custom-engineered components, products, and specialty packaging. Using foams, plastics, composites, and natural fiber materials, the company designs and manufactures a vast range of solutions primarily for the medical, automotive, aerospace & defense, and packaging markets. Examples of the company's products would include foam linings inside football helmets, molded fiber wine bottle packaging systems, highly engineered cushion packaging solutions for fragile items, as well as component products for automotive, medical, and industrial applications. The company's organic growth rate is in the low-to-mid-single digits. The top ten customers have contributed between 27-40% of annual revenue over the past five years ('08-'12), while an automotive door panel program has been UFPT's largest single...
UFP Technologies: A Cheap, Low-Risk Stock With An Improving Outlook For 2013
May 30 2013, 06:30 | about: UFPT
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Editor's notes: This unheralded packaging company has margin growth, potential acquisitions, and a strong competitive position. Former fund manager William Garrison says this could mean 50% upside.