Angelica sells customer contracts service to Faultless Laundry
03 Sep '05
2 min read
Missouri based Angelica Corporation traded on the New York Stock Exchange under the symbol AGL, is a leading provider of textile rental and linen management services to the US healthcare market. Through a West Coast acquistion made in 1968, Angelica became a supplier of textile rental services to the health care industry.
In the 1970s, major laundry acquisitions were made in the Northeast and, again, on the West Coast. A large number of Florida facilities were added in 1990. With other acquisitions and strong internal growth, Angelica now has 26 plants across the country and has achieved and maintained a leading share of this market.
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