Veltex acquires Canadian manufacturing & distribution company
08 Jun '05
2 min read
Gerard Lee, the previous owner, commented, "We are delighted about becoming part of Veltex, as we wanted to have a strong United States presence, and the synergy of our two companies is perfect for rapid sales growth. Our company has had over 30 years experience in the manufacturing industry and this timely opportunity offers us much greater revenue growth!"
Veltex Corporation is a vertical manufacturing, import and distribution company composed of three divisions: Veltex Apparel, specializing in caps, apparel and apparel accessories for the Promotional Products Industry and distribution of merchandise; Velvet Textile Mills, specializing in the manufacture of high quality fabrics including velvets, 100% cotton twill, denim, sheeting for consumer and industrial products; and KCA Garment Industries, specializing in the manufacture of garments.