Swift Galey and DNA Joint Venture
Missed this bit of news over Labor Day weekend: "Swift Galey and Denim North America are announcing a new joint venture in Columbus, Georgia. This venture, to be known as Swift Galey D.N.A., will become Swift Galey's U.S. flagship denim operation, manufacturing and distributing premium denim fabrics under the Swift Galey brand."
The rest of the release:
Denim North America operates the most modern denim facility in the United States, just a few miles from the current Swift Galey denim facility in Columbus, Georgia.
Swift Galey believes that the North American premium denim market can be best served by a right-sized, flexible facility that is part of an international network of modern facilities.
"Swift Galey is fortunate to have found an excellent business partner already operating a facility in such close proximity. By combining technological strengths and creative resources, a powerful and stable platform will be created, serving the needs of the premium denim market for years to come," according to John Heldrich, President and CEO of Swift Galey.
Over the next few months, the current Swift Galey denim facility operating in Columbus will be closed, and the products, key resources, and state-of-the-art equipment will be transferred to the new Swift Galey D.N.A. venture location. The complete 2007 product line is expected to be assimilated early in the fourth quarter.
Larry Galbraith will serve as President of the joint venture. Monte Galbraith will join Swift Galey as Managing Director of the Jeanswear Division, reporting to Rick Waide, President of International Marketing and Jeanswear.
With representation worldwide in the U.S.A., Mexico, Europe, Central and South America, and throughout Asia, Swift Galey fabrics are featured in jeanswear, sportswear, uniform/workwear, and home markets.
Headquartered in Atlanta, Georgia, the company is privately owned by funds managed by New York and Charlotte, North Carolina based Patriarch Partners, LLC.
Denim North America