Business
Dorel Industries Unveils New Apparel Footwear Group Facility in Metro-Vancouver
Dorel Industries Unveils New Apparel Footwear Group Facility in Metro-Vancouver
About this update from Dorel Industries Inc. Class A
[{"type":"text","content":"\n\n\n\n May 12, 2010 (Canada NewsWire Group) -- Makes $3 million investment to build on twenty-year history with SUGOI to create world-class capabilities\n\nBURNABY, BC, May 12 /CNW Telbec/ - Dorel Industries Inc. (TSX: DII.B, DII.A) today officially unveiled a new facility in the Metro-Vancouver area for their Apparel Footwear Group Division (AFG) within the Company's Recreational/Leisure segment. The newly renovated 70,000-square-foot complex includes the full spectrum of business from manufacturing to distribution along with the Global Headquarters for design and marketing. The new Burnaby location employs more than 225 people.\nJoining other company executives, employees and civic officials, Dorel President and CEO, Martin Schwartz, said an important focus of AFG will be to build the custom apparel business, developing cycling and running gear for teams and clubs. "This facility will allow AFG to increase its custom apparel capacity and offer highly competitive lead times. We've barely scratched the surface in this expanding market and we expect AFG to triple its custom apparel business within five years,\n"Dorel commits to businesses for the long term. Over the past couple of years, we have made several investments as part of our plan to build our bicycle and apparel divisions into a global force."\nDorel has made a $3 million investment to upgrade the AFG facility. The portfolio of brands that make up the division include SUGOI, Cannondale, GT, Schwinn, Iron Horse and Mongoose.\n"The opportunity to significantly upgrade our AFG operations with a new and improved facility is positioning the entire division for global growth," says Chris Fuentes, President, AFG. "By investing in state-of-the-art technology such as digital printing and high speed precision sublimation, we expect to create an important speed to market advantage."\n\nAbout Dorel Industries:\n\nDorel Industries Inc. (TSX: DII.B, DII.A) is a world class juvenile products and bicycle company. Established in 1962, Dorel creates style and excitement in equal measure to safety, quality and value. The Company's lifestyle leadership position is pronounced in both its Juvenile and Bicycle categories with an array of trend-setting products. Dorel's powerfully branded products include Safety 1st, Quinny, Cosco, Maxi-Cosi and Béb&#x...