Georgetown, ON – Olon Industries has acquired Carolina Drawers Inc. based in Lexington, NC.  Carolina Drawers is a manufacturer of solid wood and plywood drawers for the US kitchen & bath cabinet and furniture industries.Olon, a manufacturer of mouldings, drawers and components for the cabinet making and furniture industry, says the timing of the acquisition is key, and that it continues Olon’s strategy to strengthen its U.S. manufacturing presence and expand its product lines.

BONITA SPRINGS, FL - Business is improving, albeit slowly, for the composite panel industry. The news set the tone for the Composite Panel Association's spring annual meeting, which saw its highest attendance since 2007. More than 280 people, representing 118 woodworking firms and related organizations, converged on Bonita Springs, Florida, May 31-June 3 for the event.

BONITA SPRINGS, FL - The 2015 Composite Panel Association Spring Meeting, which began Sunday here in Bonita Springs, FL, takes place among an improving business climate and buoyant economic reports for housing, construction and remodeling.CPA marketing manager Allyson O’Sullivan says it is the gathering's  highest attendance since 2007.  The CPA membership includes 173 companies from 3M to Valspar, Willamette and Wilsonart.

Ashley Furniture Industries, the largest U.S. residential furniture manufacturer with $4 billion in sales, seeks a buyer. Goldman Sachs Group Inc. is handling the transaction, according to the Wall St. Journal, which first reported the news.

American Woodmark Corporation (NASDAQ: AMWD), named Cary Dunston, President and COO, its fourth CEO in its 35 years. He succeeds Kent Guichard who remains non-executive Chairman of the Board. Dunston joined the Company in 2006 as Senior Vice President, Manufacturing.

WEST ALLIS, WI -  Brew City Countertops & Millwork Inc.  has doubled its manufacturing space to 20,000 square feet. The West Allis, WI cabinetry and woodwork firm added new machinery, including a CNC router. 

Wireless Power Standards Bodies A4WP and PMA Merge to Form Industry- Leading Organization; New organization focused on advancing wireless charging availability for consumer, industrial, medical and military applications

CHICAGO, IL - Business furnishings with technology embedded and advances in design applications are expected to abound at NeoCon 2015. Held from June 15 - 17 at Chicago’s massive Merchandise Mart, the annual industry event will feature 700 exhibitors in the world of commercial interiors.

Researchers at the Forest Products Laboratory and at the University of Wisconsin in Madison are developing a semiconductor chip made almost entirely of wood. It could reduce concerns about electronic waste.