National lumber processor Conner Industries, Inc. named Mike Hans as president of its Lumber Division. Conner provides industrial wood products and services to the industrial and materials handling industries, supplying 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. C

Argentum Group, a New York-based private equity firm, says it completed the recapitalization of lumber and wood component firm Conner Industries, Inc. Argentum and its partners acquired over 90% ownership of the Company. With sales of over $140,000,000, Conner is a leading supplier of industrial lumber, dimensional cut stock, custom manufactured wood packaging, and wood byproducts such as mulch, chips and biomass fuels

Another sign of the woodworking industry business promise: equity investors have moved into the field.