Home / Knowledge / News / Textiles / Angelica to cease operations in Ballston Spa
Angelica to cease operations in Ballston Spa
11
Aug '10
Angelica Textile, has grown over the years, and with its mergers and acquisitions in today's problematic financial system, has badly affected the Ballston Spa village. The company that launched its operations in the village in 1977 is now going to cease its operations there, on September 16.

The company was instituted in 1878, as Cherubino Angelica and it had come out with its first uniform which was a railroad chef's coat. The Missouri based company now has 5,900 people working with it across 27 locations in the country.

The company is set to merge the operations of its plant at Ballston Spa village with a bigger plant on long island, which apart from being closer to New York City market, also holds an added capacity, wherein the company is citing an increase in demand.

As revealed by company officials, they were required to cover longer distances with their products, and instead of spending much on revamping the Ballston Spa facility, they rather decided upon an alternative path i.e. to merge the two facilities.

As stated by the reports, total earnings of Angelica for 2009 stood at $435 million. Angelica, which initially used to be a publicly held company, was acquired by Lehman Brothers Merchant Banking in 2008 at a cost of $310 million.

Fibre2Fashion News Desk - India

Must ReadView All

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search