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Secretary Hillary Clinton honors Denimatrix with ACE

18
Dec '10
Plains Cotton Cooperative Association's (PCCA) subsidiary Denimatrix was awarded the U.S. State Department's prestigious 2010 Award for Corporate Excellence (ACE) in the small-to-medium enterprise category. The award was presented to PCCA President and CEO Wally Darneille at a ceremony in Washington, D.C., by U.S. Secretary of State Hillary Rodham Clinton.

Denimatrix, located in Guatemala City, is PCCA's denim apparel production company. They were nominated by U.S. Ambassador to Guatemala Stephen McFarland for their corporate social responsibility and their environmental stewardship. A record 78 American companies doing business in other countries were nominated by U.S. Ambassadors around the world.

Denimatrix was one of 12 finalists, including companies such as Cisco Systems, and Mars Corporation (who also were winners this year), Coca Cola, GE, Intel, PepsiCo, and Qualcomm. The award recognized Denimatrix for contributing to the development of the local economy, for reaching out to the community to help disadvantaged youth and the homeless in Guatemala City, and for their environmental stewardship.

The ACE award was established in 1999 to recognize the important role U.S. companies play abroad as good corporate citizens. The award also is a signal of the Department's commitment to further corporate social responsibility, innovation, exemplary practices, and democratic values worldwide. Past recipients of the ACE award include Cargill, General Motors, Motorola, Chevron/Texaco, and Ford Motor Company.

"We are extremely proud that Denimatrix has been chosen for this award," PCCA President and CEO Wally Darneille said at the ceremony. "It is very fitting that they have been honored for their corporate social responsibility and their environmental stewardship," he added. "We believe that these values are critical to a company's success," Darneille said. "By providing a stable and desirable workplace, we can attract employees whose productivity will make them competitive in a global economy."

"This award means a great deal to us about the future as well as the past," Darneille said. "It is a recognition of the dedication of several generations of PCCA stockholders to doing the right thing for present and future generations. When our apparel customers come to visit Denimatrix, one of the strongest impressions they take away is the sense of teamwork and of family that pervades our facility."

Founded in 2009, Denimatrix is a major manufacturer of high-fashion denim jeans with current capacity to produce 150,000 pairs of jeans per week. It is part of PCCA's fully vertically integrated business model from field to fashion that includes the American Cotton Growers denim mill in Littlefield, Texas. Headquartered in Lubbock, PCCA also is the largest originator of U.S. cotton to textile mills around the world.

Plains Cotton Cooperative Association (PCCA)


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