Fundraising Fox

Conner Industries

Fort Worth, US · Founded 1981 · Texas corporation · 292 employees on LinkedIn · 5 known investors

Conner Industries manufactures industrial packaging for manufacturers, including industrial lumber, custom pallets and crates, and multi-material transportation packaging using wood, corrugate, foam, and plastics. It also offers supply chain service solutions such as 3PL, VMI, kitting, and assembly across multiple U.S. locations.

Also known as Conner · Conner Industries, Inc.

Founders & leadership

Conner Industries was founded in 1981 by Tom Rice.

TR
Tom RiceFounder & Director Emeritus
SF
Stephen FowlerExecutive
JM
Joseph McCormickExecutive
DD
David DixonChief Executive Officer
JSJason Smith
Jason SmithChief Financial Officer
KKKevin Kenjarski
Kevin KenjarskiChief Revenue Officer

Board

WD
William DeArmanBoard director
WBWalter Barandiaran
Walter BarandiaranBoard directorManaging Partner at The Argentum Group
KJ
Kurien JacobBoard director

Investors · 5

Also in the syndicate · 4

ArgentumleadConner management teamExisting investorsNew investors

Reported raises · per SEC filings

Form D private placements

$6.4M disclosed across 2 of 4 rounds · 2017–2021

$417.1KraisedNov 2021 · 10 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • David DixonExecutive Officer
  • Walter BarandiaranDirector
  • Lawrence B. BurrowsDirector
  • Jason T. SmithExecutive Officer
  • Douglas RobinsonDirector
  • Elliot ZeelanderDirector
  • Gregory P. TaylorDirector
Offering amount
$417.1K
Amount sold
$417.1K
First sale
Sep 2021
Incorporated
Corporation, Texas
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$6MraisedApr 2017 · 15 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Stephen FowlerExecutive Officer
  • Joseph McCormickDirector, Executive Officer
  • William DeArmanDirector
  • Walter BarandiaranDirector
  • Kurien JacobDirector
Offering amount
$6M
Amount sold
$6M
Minimum investment
$25K
First sale
Mar 2017
Incorporated
Corporation, Texas
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Conner Industries, Inc. is a Fort Worth, Texas-headquartered producer of industrial wood products and transportation packaging for industrial manufacturers. Its product range includes cut lumber, dunnage, banding groove lumber, pallet stock and stringers, hardwoods and panels, wholesale and bulk lumber, export-compliant lumber, standard and custom pallets, crates, skids and boxes built from southern yellow pine or hardwood, and integrated packaging systems that combine wood with corrugate, foam and plastics.

Alongside products, the company provides value-added services to its packaging customers, including packaging consultation and design by in-house engineers, unit load testing and validation conducted through independent third-party package testing laboratories, third-party logistics (3PL) and warehousing, co-locating, kitting and assembly, repackaging, just-in-sequencing, and vendor managed inventory (VMI). These services are offered only in conjunction with long-term packaging supply relationships rather than as stand-alone products.

Conner serves sectors including energy, oil and gas; automotive; aerospace and defense; chemical and plastics; pharmaceutical, food and beverage and consumer products; HVAC and appliance; heavy industrial, pipe, steel and heavy equipment; agricultural, lawn and garden; and logistics and transportation. Guardian Packaging in Garland, Texas operates as a division of Conner Industries.

Founding story

The company was founded in 1981 and has been headquartered in Fort Worth, Texas since its early years; its chief executive has credited the company's founders and investors who have supported it for more than 30 years.

Business model

Conner manufactures and supplies industrial lumber and packaging products in bulk or high volume to manufacturers, and layers supply chain services—3PL warehousing, VMI, kitting, assembly, co-locating and repackaging—onto those packaging supply relationships. It positions itself as a single-source provider spanning industrial wood and multi-material packaging, and has grown through repeated acquisitions of regional lumber and packaging businesses.

Revenue comes from sales of industrial wood products, pallets, crates and multi-material packaging to industrial manufacturers, with value-added logistics and inventory services sold as part of ongoing packaging supply agreements rather than separately.

Traction

In 2017 Conner reported more than 500 employees, over 1,900 customers nationwide, manufacturing plants in 10 states and annual processing and sales of over 300 million board feet. In 2021 it reported record sales and profitability with projected 12-15% growth for 2022. By 2025 it operated 19 plants across 13 states, and its Guardian Packaging facility capacity was increased by 53% in late 2024 with new ISO certifications supporting high-volume government contract work.

Latest developments

In March 2025 Conner acquired Kirkland Sales Inc., a custom foam fabricator based near Dallas, adding foam, gasket and plastic packaging capabilities. In October 2025 it named Kevin Kenjarski, previously a senior executive at Smurfit Westrock, Pretium Packaging and Clondalkin Group, as chief revenue officer. Former Sonoco COO Rodger Fuller joined the board of directors, and in August 2026 the company announced the appointment of Brigadier General Blaine D. Holt to its board. In May 2026 Conner received formal recognitions for its 45th anniversary from the Office of the Tarrant County Judge, the City of Fort Worth, the Texas House of Representatives and the U.S. House of Representatives.

Full profile — market position, technology, go-to-market, geography, history

Market position

Conner describes itself as a national lumber processor and a leading provider of industrial packaging solutions and industrial wood products in the United States. As of 2017 it processed and sold more than 300 million board feet annually with over 500 employees; by 2025 it operated 19 plants across 13 states as a private equity-backed private company.

The company emphasizes a combination of industrial wood expertise with multi-material packaging capability from a single source, design teams not tied to one material, nationwide plants with backup capability located near managed forest regions, and outsourcing of unit load testing to independent laboratories to avoid conflicts of interest.

Technology

Conner operates lumber mills and remanufacturing plants that produce cut lumber, panels, pallets, crates and custom wood packaging, complemented by foam, gasket and plastic fabrication capabilities added through the Kirkland Sales acquisition. In-house design teams and packaging engineers develop multi-material designs, while unit load testing and validation are performed by independent external package testing laboratories. The company cites ongoing investment in operational excellence and automation, and ISO certifications obtained with the Guardian Packaging expansion to support government contract work.

Go-to-market

The company sells through its own sales offices and account managers, supported by design teams and packaging engineers who take a consultative approach to specifying packaging. It uses quote requests and a content program of industry insights on its website, and launched ConnerPackaging.com in 2024 as a dedicated platform for its protective packaging offering. In 2025 it appointed a chief revenue officer to oversee sales, key accounts, commercial operations and pipeline development, with emphasis on defense, aerospace and industrial manufacturing markets.

Industrial manufacturers and large manufacturing operations requiring bulk or high-volume protective and transport packaging, across energy and oil and gas, automotive, aerospace and defense, chemicals and plastics, pharmaceutical, food and beverage, consumer products, HVAC and appliance, heavy industrial, steel and pipe, agricultural, and logistics markets. As of 2017 the company served more than 1,900 customers nationwide.

Geography

Headquartered at 3800 Sandshell Drive, Fort Worth, Texas, with sales offices and manufacturing facilities in Texas (Fort Worth, Haslet, Conroe, Garland), Oklahoma (Tulsa, Stilwell), Kansas (Valley Center), Nebraska (Hastings), Kentucky (Guthrie), Tennessee (Fayetteville, Lewisburg), Virginia (Chester), South Carolina (Lugoff), Georgia (Hogansville), Alabama (Montgomery), Colorado (Denver) and Florida (Panama City). Reporting in 2025 counted 19 plants across 13 states. The company delivers coast to coast and internationally by truck, rail and boat.

History

Conner Industries was founded in 1981 and is headquartered in Fort Worth, Texas. By 2017 it had completed acquisitions of Golden Triangle and Continental Timber and operated plants in 10 states; a 2018 release described remanufacturing plants in eight states (FL, GA, MI, OK, SC, TN, TX, VA). The company relocated its Panama City manufacturing plant in 2021, marked its 40th anniversary in 2021 with record sales and a $25 million equity infusion, opened a new manufacturing facility in southern Kentucky in 2023, expanded its Guardian Packaging facility by 53% in late 2024, and acquired custom foam fabricator Kirkland Sales Inc. in March 2025 — its fifth acquisition within the integrated packaging division. In 2026 the company marked its 45th anniversary.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Annual board feet processed/soldApr 2017300,000,000 board feet
Customers servedApr 20171,900 customers
EmployeesApr 2017500 employees
Guardian Packaging facility expansionJan 202453%
Manufacturing plantsOct 202519 plants
Projected annual growthOct 202112%
States with manufacturing plantsApr 201710 states
States with remanufacturing plantsJan 20188 states

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 15

launches, deals, and filings
Aug 2026
Brigadier General Blaine D. Holt appointed to Board of Directors

source ↗

May 2026
Recognitions from local, state and federal leaders for 45th anniversary

Conner received formal recognitions from the Office of Tarrant County Judge Tim O'Hare, the City of Fort Worth, the Texas House of Representatives and the U.S. House of Representatives in honor of its 45th anniversary.

source ↗

Jan 2026
Former Sonoco COO Rodger Fuller joins Board of Directors

source ↗

Oct 2025
Kevin Kenjarski appointed Chief Revenue Officer

Conner named packaging industry veteran Kevin Kenjarski, formerly of Smurfit Westrock, Pretium Packaging and Clondalkin Group, as chief revenue officer overseeing sales, key accounts, commercial operations and pipeline development.

source ↗

Mar 2025
Acquisition of Kirkland Sales Inc.

Conner acquired Kirkland Sales Inc., a custom foam fabricator based near Dallas, adding foam, gasket and plastic packaging capabilities. It was the fifth acquisition within Conner's integrated packaging division.

source ↗

Jan 2024
Guardian Packaging facility expanded by 53%

In late 2024 Conner expanded its Guardian Packaging facility by 53%, increasing manufacturing capacity and earning new ISO certifications to support high-volume government contract work.

source ↗

Jan 2024
Launch of ConnerPackaging.com

The company launched ConnerPackaging.com, a platform highlighting its protective packaging capabilities across materials and sectors.

source ↗

Jul 2023
New manufacturing facility opened in southern Kentucky

source ↗

Oct 2021
$25M equity infusion announced alongside 40th anniversary

Conner announced record sales and profitability and a $25 million equity infusion, projecting 12-15% growth in 2022 as it marked its 40th anniversary.

$25M source ↗

May 2021
Panama City manufacturing plant relocated

Conner moved its Panama City, Florida manufacturing plant to a new location.

source ↗

Jan 2018
Conner closes $21 million senior secured credit facility with Ares Commercial Finance

The facility comprised an $18 million revolving line of credit and a $3 million real estate term loan, to refinance the existing credit facility, support working capital and fund growth. Concurrently, certain existing shareholders increased their financial commitment from $10 million to $15 million.

$21M source ↗

Apr 2017
Argentum leads growth capital investment in Conner Industries

Conner announced a growth capital investment led by Argentum, joined by existing shareholders, new investors and members of management including the chairman, CEO and certain executives. Proceeds were designated for working capital, manufacturing plant upgrades and strategic acquisitions.

source ↗

Apr 2017
Hugh F. Culverhouse joins as General Counsel

New investor Hugh F. Culverhouse, a former federal prosecutor, joined the company as General Counsel.

source ↗

Apr 2017
Wells Fargo renews $18 million line of credit

Concurrent with the growth capital investment, senior lender Wells Fargo renewed Conner's $18 million line of credit.

$18M source ↗

Jan 2017
Acquisitions of Golden Triangle and Continental Timber

Conner reported having recently completed two acquisitions, Golden Triangle and Continental Timber, prior to the April 2017 financing announcement.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Conner IndustriesTexas

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Conner Industries do?
Fort Worth-based manufacturer of industrial lumber, custom pallets, crates and multi-material transportation packaging.
Who founded Conner Industries?
Conner Industries was founded by Tom Rice in 1981.
Who are Conner Industries's investors?
Conner Industries's investors include The Argentum Group.
How much funding has Conner Industries raised?
Conner Industries has disclosed $6.4M raised across 2 of its 4 known rounds.
Where is Conner Industries headquartered?
Conner Industries is headquartered in Fort Worth, US.