USA – NC—Furniture maker Ethan Allen acquired Dimension Wood Products, Inc. a Claremont, CA manufacturer of wood frames and machined parts used in upholstered furniture manufacturing.
The move increases Ethan Allen’s vertical integration and secures its supply of wood components in the heated residential furniture market. Founded in 1981 with $8.5 million in sales, 55-employee Dimension Wood Products was an Ethan Allen supplier. The purchase was made through a subsidiary, Ethan Allen Operations, Inc., and includes certain property, plant, and equipment assets of the company.
Farooq Kathwari, Ethan Allen’s Chairman, President and CEO, commented, “We are pleased to have completed the asset purchase with Dimension Wood Products, Inc. Their talented associates, workshop and machinery will help us to further increase our control over raw materials, purchased parts, and labor costs while maintaining our high-quality standards.”
Ethan Allen Interiors, Inc., in business for 90 years, reported USD 208.1 million in sales in 2021. The company owns and operates nine facilities including six manufacturing plants in the United States, two manufacturing plants in Mexico and one manufacturing plant in Honduras, with 75 percent of its products made in its North American plants.
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