Premiumwear, Inc. - PWA- Profile

PremiumWear Inc. designs, sources and markets primarily knit and woven sports shirts and other related apparel. The company sells its products to wholesale distributors, uniform companies and advertising specialty dealers. PremiumWear, Inc. products are marketed through the following major brands namely, Munsingwear and Page and Tuttle. On March 25, 1999, the company acquired Klouda-Lenz, Inc., its independent sales representative agency for the promotional products/advertising specialty market. The company sells approximately to 4,700 customers. The company incurred $812,000 towards year 2000 expenses till date. The company's products are manufactured primarily in Central America, South America and Far East. As of January, 2000 the company's foreign operations were not material.