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Knitting / Apparel

Best Manufacturing Acquires Artex International

In an effort to focus on its core garment and textile businesses, and expand its product and service offerings, Best Manufacturing Group LLC, Jersey City, N.J., has acquired Artex International Inc., Highland, Ill., a producer and supplier of apparel and textiles for textile rental and hospitality markets. A new subsidiary, to be called Best:Artex LLC, will be formed from Artex International and Best's institutional business unit, and will be led by Terry Anderson, current Artex chairman and CEO. Anderson will serve Best:Artex as president and CEO, and will report to Best Manufacturing Chairman and CEO Scott Korman.

August 2004