OLFA Corp., creator of various cutting tools, has announced the establishment of two new companies in North America to facilitate rapid product development and strengthen sales and marketing capabilities. The two new companies are wholly owned subsidiaries of OLFA Corp. and sales activities will commence from them beginning December 7, 2020.
OLFA Corp. has been selling products in North America though its distributor Corelle Brands. Effective Dec. 5, 2020, distribution of OLFA products to customers in North America will transition from Corelle Brands to OLFA U.S.A Inc. for the United States and OFLA North America Inc. for Canada.
“OLFA has established the two new companies to better grasp the needs of the ever-changing market in North America and to develop additional new products. These companies will strengthen the sales and marketing reach of the OLFA brand in North America,” says Shinichi Okada, OLFA Corp. president and CEO.