$0.16
$0.00 (0.00%)
End-of-day quote: 05/13/2024
OTCPK:VLXC

Veltex Profile

Veltex Corporation operates as a wholesale apparel distributor throughout the world. It designs and manufactures caps and apparel for the promotional products industry, as well as the retail trade. The company manufactures textiles, primarily for use by manufacturers of automobile interiors, upholstery for furniture manufacturers, and ready to wear garments. It offers denim, microfilament, velvet, twill, canvas, duck and pinpoints oxford fabrics. The company operates primarily in the USA and Canada and with factories in Bangladesh.

Divisions

The company operates five divisions: Veltex Apparel; Veltex Explorer, Inc.; Veltex-Canada; Velvet Textile Mills Limited; and KCA Garments, Limited.

Veltex Apparels: Veltex Apparels supplies and manufactures tailored apparel. The company’s veltex apparels division offers caps, apparel and apparel accessories for the Promotional Products Industry and distribution of merchandise in the U.S. market.

Velvet Textile Mills Limited: Velvet Textile Mills Limited is engaged in the business of milling and manufacturing textiles for local and international markets. Veltex Textile mills division engages in the manufacture of fabrics, including velvets, cotton twill, denim, and sheeting for consumer and industrial products.

KCA Garments, Limited: KCA Garments division engages in the manufacture of garments. KCA Garments operates as an export oriented Knitting, Dyeing -Finishing and Garments manufacturing company. KCA manufactures shirts, caps and other apparel within the consumer products industry.

Veltex-Explorer, Inc.: Veltex-Explorer, Inc., a manufacturing, import and distribution company for the Promotional Products Industry in Canada.

Veltex-Canada: Veltex-Canada operates as a retail supply company with major retail clients.

History

Veltex Corporation was formerly known as Benchmark Enterprises, Inc. and changed its name to Coconino SMA, Inc in 1995. Further, it changed its name to Veltex Corporation in 1999.

Country
Industry:
Apparel and other finished products made from fabrics and similar materials
Founded:
1987
IPO Date:
01/02/1991
ISIN Number:
I_US9225762023

Contact Details

Address:
123 West Madison Street, Suite 1500, Chicago, Illinois, 60602, United States
Phone Number
312 235 4014

Key Executives

CEO:
Mauritzson, Andreas
CFO
Macklem, Stephen
COO:
Bailey, Thomas