Area Development
Conner Industries, Inc., a leading national lumber processor and integrated provider of packaging solutions, expanded its production to Hastings, Nebraska. The company has acquired Golden Triangle Inc.’s packaging division.

One of New York-based The Argentum Group private equity firm portfolio companies, Conner Industries supplies cut lumber (softwoods, hardwoods, and panel woods) needed for pallet, crate and skid parts, and fully assembled products, such as pallets, crates, skids and industrial containers. Conner services its customers nationwide from 12 manufacturing plants located in nine states.

According to Conner officials, the firm “strives to continuously improve all aspects of operations, while reinventing its value proposition. The company develops solutions to align with the changing needs of its customers. The expansion to Hastings was driven by the new business growth in the region.”

“We are excited about the new growth opportunities that this acquisition will offer our customers,” said Joseph McCormick, CEO. “Conner’s objective is to grow organically, through expansion, and with strategic acquisitions. The addition of our Nebraska facility will help us better serve our existing Nebraska customers and our customers in the adjacent regions.”