Lakeland Industries Participates in Gulf Oil Spill Relief Efforts
May 27 2010 - 9:30AM
Business Wire
Lakeland Industries, Inc. (NASDAQ: LAKE), a leading manufacturer
of industrial protective clothing for industry, municipalities,
healthcare and to first responders on the federal, state and local
levels, announced today its participation in the clean up efforts
pertaining to the oil spill in the Gulf of Mexico caused by the
April 20, 2010 explosion of a drilling rig leased by BP Plc. The
clean up involves a multitude of oil drilling industry
participants, government agencies and relief organizations to
contain and clean up the oil spill and the damage it has caused
throughout the region. For Lakeland’s part, the Company has donated
a supply of polyethylene coated polypropylene coveralls to the
State of Alabama.
In an article from May 24, 2010, The New York Times reported
that “using conservative government and BP estimates, more than
seven million gallons of oil have been released from the crippled
well, nearing the size of the spill from the Exxon Valdez in 1989.”
More than a month after the drilling rig blew up, Louisiana
Governor Bobby Jindal believes that 70 miles of his state’s coast
has been hit by oil. Officials are currently evaluating the effects
the oil could have on coastline and sensitive habitats in
Louisiana, Mississippi, Alabama and Florida, all of which abut the
Gulf of Mexico, as well as the neighboring country of Mexico.
“Lakeland Industries is pleased to contribute to the clean up
efforts in the Gulf of Mexico,” said Lakeland President and Chief
Executive Officer Christopher J. Ryan. “In times of natural
disaster, there typically is large and urgent need for the
environmental, protective and safety apparel which we manufacture
and distribute globally. In addition to our donation of garments to
the State of Alabama, where Lakeland has a significant presence, we
have increased production of these types of products at our
facilities around the world to meet the substantial increase in
demand from BP and many other customers.”
For additional information on products made by Lakeland
Industries for use in oil spill containment and remediation, please
contact the Company at 1-800-645-9291 or visit its online showroom
at www.lakeland.com.
About Lakeland Industries, Inc.:
Lakeland Industries, Inc. (Nasdaq: LAKE) manufactures and sells
a comprehensive line of safety garments and accessories for the
industrial protective clothing market. The Company’s products are
sold by a direct sales force and through independent sales
representatives to a network of over 1,000 safety and mill supply
distributors. These distributors in turn supply end user industrial
customers such as chemical/petrochemical, automobile, steel, glass,
construction, smelting, janitorial, pharmaceutical and high
technology electronics manufacturers, as well as hospitals and
laboratories. In addition, Lakeland supplies federal, state, and
local government agencies, fire and police departments, airport
crash rescue units, the Department of Defense, the Centers for
Disease Control and Prevention, and may other federal and state
agencies.
For more information concerning Lakeland, please visit the
Company online at www.lakeland.com.
“Safe Harbor” Statement under the Private Securities Litigation
Reform Act of 1995: Forward-looking statements involve risks,
uncertainties and assumptions as described from time to time in
Press Releases and 8-K(s), registration statements, annual reports
and other periodic reports and filings filed with the Securities
and Exchange Commission or made by management. All statements,
other than statements of historical facts, which address Lakeland’s
expectations of sources or uses for capital or which express the
Company’s expectation for the future with respect to financial
performance or operating strategies can be identified as
forward-looking statements. As a result, there can be no assurance
that Lakeland’s future results will not be materially different
from those described herein as “believed,” “projected,” “planned,”
“intended,” “anticipated,” “estimated” or “expected,” which words
reflect the current view of the Company with respect to future
events. We caution readers that these forward-looking statements
speak only as of the date hereof. The Company hereby expressly
disclaims any obligation or undertaking to release publicly any
updates or revisions to any such statements to reflect any change
in the Company’s expectations or any change in events conditions or
circumstances on which such statement is based.
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