On August 8, 2005, the Company's board of directors approved the Company's fiscal year 2006 business plan described in the press release set forth in Exhibit 99.1 to this current report. This plan is expected to result in the range of costs associated with exit or disposal activities described in the press release. Exhibit 99.1 to this current report is incorporated by reference herein.
Item 2.06: Material Impairments. As part of the 2006 business plan adopted by the Company's board of directors on August 8, 2005, the Company expects to record impairment and restructuring charges as described in the press release set forth in Exhibit 99.1 to this current report, which exhibit is incorporated by reference herein.
GMAC Commercial Finance provides asset-based lending, equipment finance, structured finance, and invoice discounting services to a wide variety of clients, including manufacturers, distributors, retailers and service companies in the aircraft, apparel, automotive, transportation, electronics, and grocery industries. The group, a part of GMAC since 1999, is considered a leader in its segment of the financial services market
North Carolina based Delta Woodside Industries Inc is a premier global supplier of finer quality woven apparel fabrics. We are focused on knowing our customers and providing them with a total product of relationships, goods, and services!. The company with its corporate offices in Fountain Inn, South Carolina. Business is conducted through Delta Mills Inc, a wholly owned subsidiary which produces a broad range of finished apparel fabrics in four manufacturing plants in South Carolina.
marketing@alchempro.com
