Iron Range Capital has acquired Hasko, Inc. and will operate under the name Hasko Industries, LLC, as the company says in the press release received by Lesprom Network.
Randy Brooks, the former owner and CEO, retains some equity as a result of the sale, and will serve as a member of the Board of Directors. Cathy Boettner has been hired as the new CEO and president. The company will continue its operation at its plant in Soddy Daisy, Tennessee.
Hasko, Inc. was originally R. K. Haskew and started business in 1930 in Red Bank, Tennessee, buying, refurbishing and selling used woodworking equipment. Eventually, the company began to build its own line of “heavy-built” Hasko branded woodworking equipment—primarily for the solid and engineered wood flooring market.
