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Olon Industries Fortifies US Business with Carolina Drawers Acquisition

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Olon now able to offer extensive drawer box options and capacity.
Georgetown, ON. June 2nd, 2015 – Olon Industries, a leading manufacturer of mouldings, drawers and components for the cabinet making and furniture industry announced today the acquisition of Carolina Drawers Inc. based in Lexington, NC.
The timing of this acquisition is key and continues Olon’s strategy to strengthen its US manufacturing presence and expand its product offer. “We are very excited about the strategic fit between CDI and Olon and the synergies created.” states Don Hambly, President & CEO, Olon Industries. “CDI’s customer base and product offer are a perfect complement to Olon’s growing business.”
Carolina Drawers is an industry leading manufacturer of solid wood and plywood drawers for the US kitchen & bath cabinet and furniture industries. Jeff Mast, founder and owner of CDI, will continue as a key leader in the Olon organization and will help to ensure a smooth transition and continued success. “This is a tremendous opportunity for Carolina Drawers.” explains Jeff Mast. “By joining forces with Olon, we will leverage the expertise and resources of Olon to take CDI to the next level.”
Olon’s drawer components offer focuses on Chinese plywood, particleboard-based products and wrapped drawer components. Conversely, Carolina Drawers offers an impressive collection of solid wood drawer components sourced from around the world, as well as a complete line of Baltic Birch plywood products. From their three plants, CDI is vertically integrated with operations spanning from kiln drying and rough milling through to UV finishing, dovetailing and drawer box assembly.

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