- Associated Press - Sunday, January 19, 2014

ALBANY, N.Y. (AP) - New York Comptroller Thomas DiNapoli has withdrawn a shareholder proposal at Universal Forest Products with the lumber giant agreeing to amend its company policy to prohibit discrimination based on sexual orientation.

The holding company, based in Grand Rapids, Mich., says management will recommend the board approve amending existing personnel policies that already prohibit discrimination and harassment based on race, religion, age, sex, color, disability, veteran status, national origin or genetic information.

DiNapoli is sole trustee of New York’s $160 billion pension fund for state and municipal workers.

The fund has shares in the company whose subsidiaries make lumber and other building materials.

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