Universal Apparel and Textile Co. (DKGR)

[brunners]

On another note, due to the overwhelming demand for its textile products, Universal Apparel Company is evaluating strategic options with which to increase its production capacity in Bangladesh. After the past several months of an intense selection process, Universal Apparel Company is pleased to announce that it has narrowed its selection to just a few factories in Bangladesh. Out of these select few, one factory is a leading supplier of ready made garments to Wal-Mart, Target and other major retailers in the USA. Once Universal Apparel Company has finalized an agreement with one of these factories, its production capability will be increased substantially to the benefit of all the shareholders.