We announced today that Cornerstone Building Brands has entered into an agreement to acquire Union Corrugating Company Holdings, Inc. (UCC), headquartered in Fayetteville, North Carolina. UCC is a leading provider of residential metal roofing, metal buildings, and roofing components including the Union Corrugating and Reed’s Metals brands. As a part of this agreement, we will acquire 19 regional facilities located in Central and Eastern U.S. will welcome approximately 700 employees into our organization once the deal is finalized.
The addition of UCC to our portfolio advances our growth strategy by expanding our portfolio in the residential metal roofing market by broadening our offering of low maintenance and environmentally sustainable roofing solutions.
This transaction is subject to regulatory approval and customary closing conditions and is expected to close in fourth quarter of this year. Until then, you will continue to work with your existing Cornerstone Building Brands and Union Corrugating Company representatives in the same way as you do today. As always, our first priority is to serve you and we remain committed to providing you with exceptional product quality and service.
We appreciate your business and look forward to helping you build your business for many years to come.