Bengur Bryan and Equity Partners HG advised the J.T. Shannon Lumber Company on the sale of its Superior Hardwoods division, including its state of the art sawmill located in Montezuma, Indiana, to the Baillie Lumber Company of Hamburg, New York.

About J.T. Shannon

The J.T. Shannon Lumber Company is a leading manufacturer of precision cut hardwood lumber with annual revenue of approximately $85 million. Up until the sale of its Superior Hardwoods division, J.T. Shannon operated three related businesses: a sawmill/lumber manufacturing business (Superior Hardwoods division), lumber concentration yards, and an engineered wood flooring manufacturing business. After the sale of its Superior Hardwoods division, the Company's remaining operations are located predominately in Horn Lake, Mississippi, near Memphis, Tennessee. In addition, J.T. Shannon has an international sales office in Shanghai, China and sales agents in Europe and Mexico.

The Superior Hardwoods division is located on a 60-acre site in Montezuma and produces in excess of 27 million board feet of lumber per year. Due to the favorable growing conditions in the immediate area, the saw mill is able to get a very high percentage of FAS ("First and Seconds") grade lumber.

About Bengur Bryan
Bengur Bryan provides merger and acquisition advice, private placements of equity and debt, and financial advisory services to middle market companies in transportation & logistics, industrial growth, healthcare services, business services, hospitality, consumer products & services and government services sectors. Since 1991, Bengur Bryan has been helping companies raise growth capital, merge with strategic partners and provide exit strategies for business owners.