States Industries acquired Drawer Box Specialties
Dec 10, 2012. States Industries, LLC acquired California based Drawer Box Specialties.
Dec 10, 2012. /Lesprom Network/. States Industries, LLC acquired California based Drawer Box Specialties, as the company said in the press release received by Lesprom Network.
DBS began operations in 1987 and is the industry leader in manufacturing drawer boxes, drawer storage systems, shelving units and specialty accessories. The company currently employs about 60 employees at its Orange, CA headquarters.
States' President, Mike Taylor called the addition of DBS a strategic extension of our existing value-added components business. "We are focused on continued growth by integrating toward the end user with an innovative mix of products and solutions. DBS has a great brand franchise that we think will be a perfect complement to our business moving forward. DBS will maintain most of its Management and its existing Sales team in Southern California. DBS President, Cathy Blankenship will continue to manage the business unit for States Industries.
"We are very pleased with the team that is in place and their knowledge of the business", said Taylor. "By recapitalizing the company and providing better access to the entire North American market through our network of distributors, we see significant upside."
States Industries, LLC, founded in Eugene, Oregon in 1966, is a premier manufacturer of hardwood plywood and specialty panel products, operating from a combined manufacturing base of 200,000 square feet, including a pre-finish line and custom color lab all on site.