- August 2004
Manufacturing Group LLC Announces Acquisition – Artex
City, NJ , June 28 (company release) - Best Manufacturing
Group LLC announced that is has acquired Artex International,
Inc. Headquartered in Highland , IL , Artex is a manufacturer
and supplier of textiles and garments for the U.S. textile
rental and hospitality markets.
on the acquisition, Scott Korman, chairman and CEO of
Best said, “We are delighted to have the
Artex organization join the Best team. The associates of
Artex complement Best Manufacturing with over 70 years
of knowledge and accomplishments. Artex’s institutional
product lines, combined with deep manufacturing expertise,
world-wide market coverage and accomplished global sourcing
will allow us to provide our customers the best product
offerings and the most diverse mix of value-added services
available in the institutional textiles marketplace anywhere
in the world.”
Anderson, chairman and CEO of Artex, commented: “As
the textile industry goes through what industry analysts
say is ‘epochal change,’ there is only one
company today that is positioned to move forward – Best
Manufacturing. Textile rental companies want a trusted
continuous source of product and we are happy to be part
of the Best team.”
Best Manufacturing, founded in 1914, services the textile
rental, hospitality, healthcare and image apparel markets
with a wide range of products including napery, uniforms
and other textile products. The company is headquartered
in New Jersey and has operations based in Massachusetts
, Georgia , South Carolina , Illinois , Texas , Nevada
, Canada and Mexico .
acquisition of Artex is part of Best’s strategy
to focus on its core textile and garment businesses, expand
product and service offerings and grow through acquisition.
This acquisition also represents the realization of Artex’s
vision for combining global manufacturing with first-rate
sales capabilities. In 2002, Best acquired H.W. Baker Linen,
now functioning as a fully integrated member of the Best
family as its hospitality business. Best remains committed
to its relationship with Milliken & Company and views
the addition of Artex to the team as an asset to an already
Artex International, Inc, founded in 1933, is a leading
manufacturer and supplier of textiles and garments for
the textile rental and hospitality markets in the U.S.
and abroad. The company is a full line integrated manufacturer
from weaving fabric to producing a finished product. Headquartered
in Highland , IL , Artex has distribution centers and manufacturing
facilities in the U.S. , Asia and Mexico.
Anderson, Artex’s existing chairman and CEO,
will lead a newly formed subsidiary of Best as President
and CEO, reporting to Best Chairman and CEO, Scott Korman.
The company will conduct business as Best:Artex LLC.
The combined operations will have expansive geographic
coverage and the deepest distribution capabilities in the
institutional textiles marketplace. Customers will benefit
from a broader line of product choices, expanded services,
and a larger field sales force.
For more information, contact Debbie Seife, Best Manufacturing,
201-825-2000 x7239, or visit www.bestmfg.com
Cintas Posts 35 th Consecutive Year of Growth in Revenue
, OH , JULY 12, (company release) – Cintas
Corporation (Nasdaq: CTAS) today reported record revenue
for fiscal 2004 of $2.81 billion, a 5 percent increase
from last year’s $2.69 billion. The company also
reported a 9 percent increase in net income of $272.2 million
compared to $249.3 million last year. After-tax margins
were a solid 9.7% of revenue. Earnings per diluted share
of $1.58 increased 9% from last year’s $1.45 per
D. Farmer, Chief Executive Officer of Cintas, stated, “On
behalf of our Cintas employee-partners, I am proud to report
our 35th consecutive year of uninterrupted growth in sales
and profits. In addition to achieving this milestone, we
experienced healthy improvements in profitability, cash
flow and balance sheet strength. This was accomplished
while finalizing the integration of the largest uniform
rental acquisition in the Company’s history, Omni
Services, Inc. The Other Services segment of our business,
which includes uniform sales, first aid and safety services
and other business services, also saw improvements in sales
growth, profit margins and productivity.”
reported record revenue for the fiscal fourth quarter,
ended May 31, of $738 million, an increase of 9 percent
from last year’s $676 million.
The Company also reported record net income for the quarter of $72.7 million,
up 12 percent from $65.2 million last year. Earnings of $.42 per diluted
share, were up 11 percent from last year. “For the fourth quarter,
our organic growth in the rental business was 5.3% while our other services
segment grew 3.7%, all on a comparable workday basis. Both segments showed
sequential improvements in organic growth compared to our third quarter results,” Mr.
Farmer continued, “We expect revenue for fiscal
2005 in the range of $3.0 billion to $3.2 billion, with
full year earnings per share (diluted) in the range of
$1.70 to $1.80, assuming a continued improvement in the
economy. We continue to see opportunities to expand our
customer base and leverage our vast geographic presence
and nationwide distribution and sales network.”
in Cincinnati , Ohio , Cintas Corporation provides highly
specialized services to businesses of all types throughout
North America . Cintas designs, manufactures and implements
corporate identity uniform programs, provides entrance
mats, restroom supplies, promotional products, and first
aid and safety products and services for over 500,000
businesses. Cintas is a publicly held company traded
over the Nasdaq National Market under the symbol CTAS,
and is a Nasdaq-100 company and component of the Standard & Poor’s
500 Index. The Company has achieved 35 consecutive years
of growth in sales and earnings, to date.
For more information, visit www.cintas.com
Cool 4 School; Public School Uniform Codes Don’t
Keep Teens From Being Fashionable
WORTH , Texas , July 6 (PRNewswire) -- Parents like them
and kids hate them -- school uniforms, that is. But with
an estimated 1 million public school students now wearing
mandatory attire, finally there's a teen choice that
makes fashion sense too, just in time for the first bell.
This summer, DICKIES is adding a new junior's school
uniform line for girls, and many retailers are beefing
up their Dickies men's selection to meet growing school,
job and weekend demands for the brand.
Dickies is hugely popular among teens, whose idols like
Outkast, Blink 182, Avril Lavigne, Justin Timberlake
and Adam Brody ("The O.C.") favor the authentic
American work apparel brand, Dickies affordable new junior's
line is expected to make uniform compliance more appealing
and easier on kids, parents and schools.
Dickies junior's (sizes 3-13) are staples like khaki
pants, navy skirts and white blouses, but have a style
edge that won't make Teacher loose her cool. For example,
Dickies low-rise flare leg stretch pants come in code-
friendly colors like navy and khaki, but also work later
paired with a skinny chain or low-slung satin belt.
Dickies navy twill skirt is dressed up with a lace-up
detail that looks sassy with this season's favorite crisp
white peter-pan collar blouse. The line also includes a
long cargo skirt, basic walking shorts, polo tops and flat-front
Dickies juniors are an apparel trifecta. They're hip
enough for kids; they have value and durability for parents;
and they meet most public school uniform guidelines," says
Jon Ragsdale, Vice President of Marketing & Merchandising
for Williamson-Dickie Mfg. Co.
For high school boys, Dickies makes the grade with a
wide variety of pants, shirts and jackets that they're
already wearing to work and other activities. The only
modification is that most schools require logo-free garments,
so the classic Dickies logo is on the inside instead.
school uniform programs hit the city scene a decade ago,
when the Long Beach Unified School District in California
became the first urban district in the nation to adopt
a mandatory school uniform program in 1994. Nearly all
public school uniform programs for every grade level consist
of basic solid color pants, skirts, "skorts" or
walking shorts paired with a white or other solid colored,
Today, public school uniform policies are in hundreds
of major metropolitan areas including New York, Philadelphia
, Miami , Los Angeles , Chicago , Washington , D.C., Houston
, Dallas , New Orleans , Memphis and Cleveland .
For more information, visit www.dickies.com
INVISTA Launches Catalog for Fibers and Fabrics
San Francisco and Wilmington, DE, July 19 (PRNewswire)
-- Freeborders and INVISTA today launched FAST(TM), a global
online catalog of fibers and fabrics -- at http://www.FASTextile.com --
that will immediately link 500 mills in 50 countries with
over 1,600 brand and retail buyers. The new service, which
is open to all textile producers and fiber types, will
allow mills to increase their sales by quickly, easily
and inexpensively providing online fabric catalogs directly
to brand and retail decision-makers. Brands and retailers
will be able to search, sample, and cost new fabrics as
well as communicate with mills 24 hours a day, seven days
a week, to cut lead times and speed innovation.
will incorporate INVISTA’s existing On-Line
Fabric Library, a current standard, as well fiber and fabric
products from other suppliers. "The INVISTA On-Line
Fabric Library was a highly successful concept that grew
to include over 27,000 mill products and was used regularly
by buyers from many of the world's foremost brands and
retailers," said Jon Penrice, INVISTA vice president
of marketing, global apparel. "We knew this service
would ultimately be of even greater value to retailers
and brands if it included fabrics of all types. We're confident
about the appeal of our products and brands and believe
that a one-stop open resource like FAST can be a powerful
driver of the innovation the industry needs to revitalize
its consumer connections. When that happens, we all win."
Registered buyers can access innovative fabrics and request
swatches from the FAST online catalog around-the-clock,
shaving four to five weeks off lead times and speeding
new products to market. They can easily access all mill
databases with one search by fabric type, construction,
geography, and other parameters and then communicate directly
with the mills, at no cost.
sellers can display catalogs of fabrics online to thousands
of brands and retailer decision-makers, resulting in
increased sales and deeper customer relationships. Mills
will be able to speed marketing of innovative designs
and fibers via secure proprietary areas within the FAST
solution and thereby accelerate their ability to meet
retailers' purchasing needs. These private channels allow
textile producers the capability to choose the brands
and retailers that can view and sample their fabrics. "The work
we've done with INVISTA for the past three years has established
beyond doubt the value of a single industry standard," said
Mike Keating, Freeborders partner. "Besides increasing
buyers' reach, the FAST web catalog offers significant
product life cycle cost savings and can cut fabric research
and sampling lead times by as much as a month or more.”
is an integrated fiber and intermediates business with
a global presence in more than 40 countries. Today, it
is comprised of six businesses: Apparel; Performance
Fibers; Interiors; Intermediates; Polymer and Resins;
and Textile Fibers. INVISTA is committed to its customers'
growth through market insights and technology innovations
combined with a powerful portfolio of the recognized global
brands and trademarks in the fibers, apparel, and interiors
industries including: LYCRA®, STAINMASTER®, ANTRON®,
COOLMAX®, THERMOLITE®, CORDURA®, SUPPLEX®,
TACTEL®, and in the specialty chemicals business: CORFREE®,
DYTEK®, ADI-Pure® and TERATHANE®. Brands formerly
marketed through the KoSa line include: Polarguard®,
ESP® and Avora®FR.
For more information, visit
Uniform Group Reports Second Quarter Results
Seminole, FL., July 22 /PRNewswire-FirstCall/ -- Superior
Uniform Group, Inc.), manufacturer of uniforms, career
apparel and accessories, today announced that for the second
quarter ended June 30, 2004, sales were $34,470,407 compared
with 2003 second quarter sales of $34,187,586. Net income
was $1,277,333 or $0.17 per share (diluted), compared with
net income of $1,283,065 or $0.18 per share (diluted) in
the 2003 second quarter.
For the six months ended June 30, 2004 , sales were $67,445,795,
compared with sales of $65,142,533 in the six months ended
June 30, 2003 . Net income for the six months ended June
30, 2004 was $2,407,801 or $0.32 per share (diluted) versus
a net income of $1,909,251 or $0.26 per share (diluted)
in the first six months of 2003.
Benstock, Chief Executive Officer, commented: "The
slight increase in revenues for the second quarter resulted
from the first quarter acquisition of UniVogue and increasing
revenues from several new national account contracts signed
near the end of 2003 offset by continued soft demand from
our existing customers. Our earnings remained essentially
flat in comparison to the prior year quarter due to several
factors. We have continued to invest in our sales and marketing
management team as we continue the transition from a manufacturing-focused
organization to a sales and marketing-driven organization.
We believe that these investments will enhance our ability
to grow sales and earnings in the future. Additionally,
we incurred approximately $190,000, in pre-tax costs relative
to the upgrade of SAP, our Enterprise Resource Planning
system, which was completed successfully in the second
quarter and $110,000 in outside consulting to help us prepare
for compliance with Section 404 of the Sarbanes-Oxley Act,
which is ongoing."
Uniform Group, through its marketing divisions -- Fashion
Seal Uniforms®, Martin's® Empire®,
Fashion Seal Hospitality, Worklon®, Universal®,
Sope Creek® and UniVogue -- manufactures and sells
a wide range of uniforms, corporate I.D., career apparel
and accessories for the hospital and healthcare fields;
hotels; fast food and other restaurants; and public safety,
industrial, transportation and commercial markets, as well
as corporate and resort embroidered sportswear.
more information, visit www.superioruniformgroupcom
Air Force Testing of Tiger-striped
Uniform Nears Completion
Air Force Base, July 22, (Macon Telegraph) – Air
Force testing of a blue, gray and green tiger-striped uniform
is scheduled for completion this month, and a decision
to break ranks with the Army could come by the end of the
Air Force’s current utility or battle dress
uniform is supplied through the Army, and officials have
said the change is being considered for "distinctiveness" and
greater utility and serviceability.
For the past several months, wear testers at nine Air
Force locations, including Robins Air Force Base, have
put the new uniform through its paces.
The test uniform differs significantly from the current
fabric incorporates distinctive blue stripes along with
the Air Force logo.
material comes in one weight and can be worn year-round.
shirt may hang over the trousers or be tucked in.
on the lower part of the shirt have been removed to ease
the tucking process.
wider belt is being tested along with optional suede
cargo pockets are less bulky than those on the current
test uniforms come in cuts for both men and women.
command patches are not included on the shirt.
8-point stitched, Marine-style hat is also being tested.
have been varied. "Some have said, 'It's
great. When do I get one?,'" said Chief Master Sgt.
Cheryl Adams, the command chief master sergeant for Air
Force Reserve Command at Robins. "People love the
fabric and the fact that it's wash and wear and doesn't
Sgt. Carla Williams particularly likes that the Air Force
is asking for feedback before a final decision is made. "That means a lot," she
said. In addition to the wear test, airmen can register
their opinions on the Air Force Web site.
"Initially, I didn't care for the color," said
Williams, who is temporarily serving on the Air Force Reserve
Command's crisis action team at Robins. Her permanent station
is Seymour Johnson Air Force Base, N.C.
"I was partial to the old BDUs because I started
in the Army," she said. "But the color grows
on you. This isn't Paris . We're not trying for the front
cover of Vogue magazine. I think the uniform will be more
Master Sgt. Gary Drapeau believes color is a major issue. "People seem to have a problem at first, but
most of them get used to it," he said. The Bowie,
Md., native has seen several uniform changes since he entered
the Air Force in 1986. "But I've never seen so much
thought go into it," said Drapeau, the executive assistant
to Adams. "There's been a lot of discussion and surveying,
and that's a good thing."
Air Force Chief of Staff Gen. John Jumper is expected
to reach a decision by the end of the year. If approved,
the new uniforms should be in base clothing sales stores
within 18-24 months. They would become mandatory in about
critics have said the camouflage pattern and color are
not appropriate, particularly for troops serving in desert
locations. "Of course, only a small percentage
of Air Force people actually deploy to areas that are in
force protection conditions," said Adams . "There
will still be a desert-type uniform. The Air Force will
make sure that our people who are in force protection conditions
are wearing proper uniform, color and configuration."
For more information, visit www.macon.com