FirstSpear

Archive for the ‘Industry’ Category

US Patriot Expands West to Oklahoma and Texs

Monday, May 14th, 2012

US Patriot was established in the year 2000 by military veterans. Since then, it’s operations have grown to retail locations outside of Fort Jackson, SC, Fort Stewart, GA, Fort Sill, OK, Fort Sam Houston, TX and Kings Mountain, NC. The newest stores are located in San Antonio, TX (Fort Sam Houston, Randolph AFB & Lackland AFB) and Lawton, OK (Fort Sill home of Field Artillery and Air Defense).

The Fort Sill, OK store sets itself apart with its very own “man cave”. Soldiers can relax in gaming chairs and play a variety of Xbox games. Additionally, on Graduation and Family Day, soldiers in uniform and their families can enjoy a free beverage of choice. Finally, some US Patriot locations, including Fort Jackson and Fort Stewart, have on-site embroidery/alterations and a barber shop.

www.uspatriottactical.com.

GEN McChrystal on Design, Execution, and Leadership

Tuesday, May 8th, 2012

When the Pope talks, we listen, and you should too. Here, Retired General Stanley McChrystal talks the American experience regarding design, execution, and leadership courtesy of Fast Company. This video was recorded at their recent Innovation Uncensored conference.

Velocity Systems Introduces Desert Digital

Tuesday, May 8th, 2012

Velocity Systems has added Desert Digital as a color option for its products. After fielding phone calls and requests for the pattern over the last couple of years, Velocity Systems ordered up an entire lot of material of 500D Cordura as well as all the trimmings. Grey Group is currently stocking product, available for purchase and shipment. The new color is not reflected on the current Velocity Systems website, but look for a new Velocity website late this spring. If you have any questions give them a call at (703) 707-6280 or contact them via email at info@velsyst.com.

velsyst.com

PrimaLoft, Inc and Prudential Capital Group announce purchase of PrimaLoft from Albany International Corp

Friday, May 4th, 2012

PrimaLoft, Inc, recently announced that it had executed an agreement to purchase the PrimaLoft products business from parent Albany International Corp. PrimaLoft is the world leader in high performance insulations and yarns used in leading outdoor and fashion brands, home furnishings, work wear and military applications.

The purchase of PrimaLoft is being led by Michael Joyce, former President of Albany International Corp’s Applied Technology Group, and the PrimaLoft senior management team. The purchase of the PrimaLoft business is supported by Prudential Capital Group, which has had a 20-year relationship with Albany International Corp Prudential Capital Partners, sponsored by Prudential Capital Group, has provided the financing.

“This is an incredible opportunity for the future of PrimaLoft and I am excited to again work with PrimaLoft and the management team,” stated Michael Joyce, who will become president and chief executive officer of PrimaLoft, Inc. “PrimaLoft has grown to become the world leader in performance insulations and yarns. This move will enable PrimaLoft to continue to grow by making the necessary investments in the brand to maintain its leadership position in the marketplace.” 

www.primaloft.com

Point Blank Enterprises And Protective Products Enterprises Complete Merger Combined Companies Operating As Point Blank Enterprises

Friday, May 4th, 2012

Point Blank Enterprises, Inc., announced that it has finalized its merger with Protective Products Enterprises, LLC. Both companies are owned by affiliates of Sun Capital Partners, a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies.

Point Blank Enterprises, Inc. has become the parent company and is now the operating owner of well-known and trusted global brands, including Point Blank Body Armor, PACA Body Armor, Protective Products and Paraclete. The Company will produce ballistics and soft armor designs, both concealable and tactical, at its manufacturing facilities in Pompano Beach, Fla., and Sunrise, Fla.

The Company also disclosed today that it has obtained new financing from Wells Fargo Bank, N.A., with the funds to be used for general working purposes and to drive innovation in new designs for the Company’s end markets.

“For the past six months, we have been working diligently to integrate all aspects of our businesses – including sales and marketing, manufacturing, R&D, finance, and IT – to better serve our global customers,” said Jim Henderson, Chief Executive Officer of Point Blank Enterprises, Inc. “We’ve made significant inroads and much of the integration is completed. We continue to win new awards, both domestically and abroad, and the changes we’re implementing now will allow us to further shorten our industry-leading delivery times, while continuing to provide our customers with the industry’s best and safest products. We look forward to building upon the heritage of Point Blank, PACA, Protective Products and Paraclete for years to come.”
www.pointblankenterprises.com .

For more information, please visit www.SunCapPart.com .

Details on Safariland Purchase

Wednesday, May 2nd, 2012

The BAE press release.

ARLINGTON, Va., May 02, 2012 (BUSINESS WIRE) — BAE Systems announced today that it has reached an agreement for the sale of its Ontario, California-based Safariland, LLC business to a newly formed acquisition vehicle affiliated with Kanders & Company, Inc.

Safariland, which has been part of BAE Systems since the 2007 acquisition of Armor Holdings, Inc., is a leading manufacturer and well recognized brand of innovative, high-quality protective products for law enforcement and security customers worldwide. The business employs approximately 1,700 people who work in the United States and Mexico at five locations in Ontario, California; Jacksonville, Florida; Pittsfield, Massachusetts; Casper, Wyoming; and Tijuana, Mexico.

“This proposed sale is another step in our ongoing plan to streamline our organization and further align the business portfolio with our strategy,” said Frank V. Pope, president of BAE Systems, Inc.’s Land & Armaments sector. “We believe that this sale is in the best interests of BAE Systems as well as the Safariland business.”

The proposed sale is conditional, among other things, upon receiving certain regulatory approvals, and is expected to close during the second or third quarter of 2012.

Breaking News – Safariland To Sell

Wednesday, May 2nd, 2012

Just announced, there is a pending offer to purchase Safariland, contingent upon regulatory approval.

A huge sigh of relief was let out by all.

Additional details to follow.

Outdoor Research Named 2012 Washington Innovator of the Year

Tuesday, May 1st, 2012

Outdoor Research, well-known manufacturer of outdoor apparel and accessories, was named earlier this week, Washington state 2012 Innovator of the Year in the large company category by a panel of seven judges assembled by Seattle Business Magazine.

The award, which will be featured in the May issue of Seattle Business, honors companies whose work results in growing or advancing the manufacturing sector in the state. Six winners were chosen in different categories at an awards ceremony Thursday night, April 26. Representatives of roughly 270 manufacturing companies located in the state attended the event.

The Innovator of the Year award recognized Outdoor Research’s commitment to operating a state-of-the-art apparel and accessories manufacturing operation just south of downtown Seattle that employs more than 160 people.

In choosing Outdoor Research for the award, judges noted that Outdoor Research has been growing its domestic manufacturing capability in recent years and hiring new manufacturing staff, the result of its success building gloves for the Special Operations Forces of the U.S. military; its work to improve the efficiency and quality of internal manufacturing processes; its strong product design and development capability; and the company’s overall management excellence, said Leslie Helm, editor of Seattle Business.

Outdoor Research Modular Glove System

“There was strong consensus among the judges that this is a really well-managed company,” Helm said. Demand for high-end, specialized products like the Modular Glove System – built for the Special Operations Forces of the U.S. military – has resulted in 38 percent growth in manufacturing staff at Outdoor Research’s domestic manufacturing facility. The facility is located in the same building as the company’s headquarters in Seattle. Outdoor Research also uses the operation as a prototyping lab for its consumer outdoor product division, which allows it to build and test new outdoor products with very quick turnaround times.

“Innovation is crucial to the success of Washington state’s manufacturing economy,” said U.S. Senator Maria Cantwell (D-Wash.). “Outdoor Research is a great example of this American manufacturing success. I am particularly proud that America’s troops are safer because of new technologies coming from right here in the Northwest.”

In the nomination for the award, examples of innovation called out include the Outdoor Research’s ‘work smarter, not faster’ approach. OR developed a variety of sewing-machine modifications that save time and reduce the possibility for repetitive stress injuries among workers. The nomination called out the company’s efforts to develop and/or employ the most innovative equipment and processes. Among other distinctions, its domestic facility pioneered the equipment necessary to build seam-taped Gore-Tex gloves, working in concert with W.L. Gore & Associates. It is the only facility in North America with certification from Gore to build seam-taped gloves and mitts.

“Having domestic manufacturing located in the same building as our offices gives Outdoor Research a number of strategic advantages, and we’re excited that our success with domestic production has also meant we’ve been able to help create new jobs in our home state in recent years,” said Alex Kutches, President of Outdoor Research. “We’re very honored that the judging panel for Seattle Business recognized what we’ve been doing on the manufacturing side as worthy of this year’s Innovator of the Year Award.”

Kutches said that Seattle has a long history in high-quality garment manufacturing, and the skills of the staff who work in its manufacturing operation – many of whom have worked there for much of Outdoor Research’s 30-year history – has been key to the company’s success in designing and building high-quality products for military applications. On average, employees on the manufacturing side of the business have been with Outdoor Research for more than a decade.
“Having a top-notch facility is important, but the biggest thanks is due to the incredibly talented staff that conceptualize, design and produce our gear,” Kutches said. “We’re certainly proud that their work helps support the work that our troops do every day.”

Technologies and manufacturing capabilities offered by companies nominated in this year’s awards ranged from medical devices, bio-fuels and steel manufacturing to lasers and heavy machinery.