Business
Lakeland Fire + Safety’s LHD Group Australia Secures Multi-Year Extension Agreement with Energy Queensland for Field Workwear
Extends Partnership with One of Australia’s Largest Utility Providers and Establishes Pathway to Multi-Million-Dollar Annual Revenue Contribution to
About this update from Lakeland Industries, Inc.
[{"type":"text","content":"Extends Partnership with One of Australia’s Largest Utility Providers and Establishes Pathway to Multi-Million-Dollar Annual Revenue Contribution to Industrial Segment HUNTSVILLE, Ala., May 14, 2026 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. (“Lakeland Fire + Safety” or “Lakeland”) (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, today announced that its LHD Group Australia subsidiary has secured a multi-year extension of its field workwear agreement with Energy Queensland, one of Australia’s largest utility providers. Terms of the agreement were not disclosed. The extension reinforces Lakeland’s position as a long-term supplier to a critical infrastructure customer. Importantly, the updated agreement introduces a framework that creates meaningful revenue scale opportunities over the life of the contract. The structure effectively establishes a clear pathway to multi-million-dollar annual revenue contribution to the Industrial segment, with increasing purchasing concentration from Energy Queensland as thresholds are met, positioning the extension as a significant and recurring industrial PPE contract within Lakeland’s Asia-Pacific portfolio. It also incorporates updated technical specifications aligned with evolving safety standards, supporting continued demand for higher-value, performance-driven garments including arc-rated and high-visibility field uniforms. “This extension is both a validation of our performance and a meaningful economic win,” said Barry Phillips, Chief Revenue Officer at Lakeland Industries. “The structure creates a clear path to scaled annual revenue with a high-quality customer in a mission-critical sector. Just as important, it strengthens our position in the Australian utility market, where compliance, reliability, and long-term relationships drive share.” Kevin Rae, Executive Vice President, EMEA Fire Sales at Lakeland Industries, added, “Our continued partnership with Energy Queensland is also reflective of Lakeland’s leadership in Australia that is focusing on end-user engagement within the core Industrial protective apparel line and driving disciplined, consistent, and winning sales efforts. This underscores our broader strategy of building durable, repeatable revenue streams through long-term customer relationships, w...