In the new formation, Conner Colorado, LLC, the company will be contributing the assets of its previous acquisition of Denver Reel & Pallet (DRPC), while Anderson Pallet and Crate will contribute their own assets into the joint venture.

Lumber

Conner Industries announces joint venture with Anderson Pallet and Crate

Conner Industries announces joint venture with Anderson Pallet and Crate

Image: Conner Industries, Inc.

Conner Industries, Inc. has entered into a joint venture agreement with Anderson Pallet and Crate (APAC).

In the new formation, Conner Colorado, LLC, the company will be contributing the assets of its previous acquisition of Denver Reel & Pallet (DRPC), while Anderson Pallet and Crate will contribute their own assets into the joint venture. Both locations will operate under President, Jason Anderson, and will continue under their current business names of Denver Reel & Pallet and Anderson Pallet and Crate. This is Conner's second investment into the Rocky Mountain industrial pallet and crate market this month, enlarging the company's overall footprint in the west.

The 20,000 square foot manufacturing facility, located in Sedalia, Colorado, is minutes from I-25, just south of Denver, and comes with a team of twenty employees. With recent investments in new automation equipment for processing lumber and assembled items, the joint venture is expected to be highly successful for both parties.

Conner Industries Inc. is a leading provider of industrial wood and packaging solutions in the United States.