STOCK TITAN

Lakeland Industries and LineDrive Announce Strategic Partnership

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership

Lakeland Industries, Inc. (NASDAQ:LAKE) has announced a strategic partnership with LineDrive, a key player in outsourced sales & marketing, to improve the sales and distribution of Lakeland's protective clothing and PPE solutions across North America. The collaboration aims to enhance distribution partnerships, extend product reach, and revolutionize the marketing and distribution of safety equipment. The partnership is set to bring lasting growth and excellence in the industrial sector.

Lakeland Industries, Inc. (NASDAQ:LAKE) ha annunciato una partnership strategica con LineDrive, un importante attore nel settore delle vendite e marketing esternalizzato, per migliorare la vendita e distribuzione dell'abbigliamento protettivo e delle soluzioni PPE di Lakeland in tutta l'America del Nord. La collaborazione mira a potenziare i rapporti di distribuzione, ampliare la diffusione dei prodotti e rivoluzionare il marketing e la distribuzione delle attrezzature di sicurezza. La partnership è destinata a portare una crescita duratura e un'eccellenza nel settore industriale.
Lakeland Industries, Inc. (NASDAQ:LAKE) ha anunciado una asociación estratégica con LineDrive, un actor clave en las ventas y marketing externalizado, para mejorar las ventas y distribución de su ropa protectora y soluciones de EPP en toda América del Norte. La colaboración tiene como objetivo fortalecer las asociaciones de distribución, ampliar el alcance del producto y revolucionar el marketing y la distribución de equipos de seguridad. La asociación está destinada a generar crecimiento sostenido y excelencia en el sector industrial.
레이크랜드 인더스트리즈, Inc. (NASDAQ:LAKE)는 아웃소싱 판매 및 마케팅 분야의 주요 플레이어인 LineDrive와 전략적 제휴를 발표했습니다. 이 제휴는 레이크랜드의 보호 의류 및 PPE 솔루션의 북미 판매 및 유통을 개선하기 위한 것입니다. 협력은 유통 파트너십을 강화하고, 제품의 도달 범위를 확장하며, 안전 장비의 마케팅 및 유통을 혁신할 것을 목표로 하고 있습니다. 이 파트너십은 산업 분야에서 지속적인 성장과 탁월함을 가져올 것으로 예상됩니다.
Lakeland Industries, Inc. (NASDAQ:LAKE) a annoncé un partenariat stratégique avec LineDrive, un acteur clé dans la vente et le marketing externalisés, pour améliorer la vente et la distribution des vêtements de protection et des solutions EPI de Lakeland en Amérique du Nord. La collaboration vise à renforcer les partenariats de distribution, étendre la portée des produits, et révolutionner le marketing et la distribution d'équipements de sécurité. Ce partenariat est prévu pour apporter une croissance durable et une excellence dans le secteur industriel.
Lakeland Industries, Inc. (NASDAQ:LAKE) hat eine strategische Partnerschaft mit LineDrive bekanntgegeben, einem Schlüsselakteur im Bereich des ausgelagerten Vertriebs und Marketings, um den Verkauf und die Verteilung von Lakelands Schutzkleidung und PPE-Lösungen in ganz Nordamerika zu verbessern. Die Zusammenarbeit zielt darauf ab, die Vertriebspartnerschaften zu verbessern, die Produktreichweite zu erweitern und das Marketing und die Distribution von Sicherheitsausrüstungen zu revolutionieren. Die Partnerschaft soll nachhaltiges Wachstum und Exzellenz im Industriesektor fördern.
Positive
  • Lakeland Industries partnering with LineDrive, a leading outsourced sales & marketing company, to improve sales and distribution of protective clothing and PPE solutions.

  • LineDrive's extensive network and market knowledge will enhance distribution partnerships, significantly extending the reach of Lakeland's products across the United States and Canada.

  • The partnership aims to revolutionize how protective clothing and safety equipment are marketed and distributed, setting new standards for excellence and reliability in the industry.

  • Both companies are dedicated to improving workplace safety and collaborate on developing solutions to meet the evolving needs of the industrial sector.

Negative
  • None.

HUNTSVILLE, AL / ACCESSWIRE / May 1, 2024 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, announced today that it has joined forces in a North American sales and distribution partnership with LineDrive, a leading outsourced sales & marketing company for industrial maintenance, repair and operations ("MRO") based in Chicago, Illinois. This partnership is a major achievement for the industrial sector, as it aims to improve the availability and delivery of Lakeland's superior industrial, chemical and PPE solutions to users and distributors through LineDrive's team across the United States and Canada.

Within this partnership, LineDrive will leverage its extensive network and in-depth market knowledge to develop and enhance distribution partnerships, significantly extending the reach of Lakeland's quality and innovative portfolio of products. The collaboration is set to revolutionize how protective clothing and safety equipment are marketed and distributed, setting new standards for excellence and reliability in the industry.

Management Comments:

"LineDrive has demonstrated an exceptional ability to market and sell safety products and services to the leading MRO customers across North America. The LineDrive team has unparalleled relationships across a substantial customer base, both at national offices and in the field, and Lakeland is very excited to be adding our portfolio of premium industrial, chemical and PPE products to LineDrive's offerings," said Jim Jenkins, Acting President and CEO and Executive Chairman of Lakeland. "We have been particularly impressed with LineDrive's ability to expand their partner brands' market share and penetration, and we believe this partnership will do the same for Lakeland," concluded Mr. Jenkins.

"Since we met, I have been impressed by Lakeland's product quality, market strategy and leadership team. LineDrive has unmatched success in the Industrial MRO distribution vertical, and we prioritize investing in our company, people, and technology. I believe we'll bring lasting growth for both companies through our partnership," says Michael Abdella, CEO of LineDrive.

The partnership between LineDrive and Lakeland Industries is expected to kick off with a series of strategic initiatives to expand distribution channels and introduce innovative marketing strategies to bring Lakeland's products to a broader audience. Both companies are dedicated to improving workplace safety and are eager to collaborate on developing solutions that meet the evolving needs of the industrial sector.

About LineDrive:

LineDrive is a leading outsourced sales and marketing organization covering North America focused on making the end user safer and more productive. Our business model is defined by industry leading innovation, strategic customer solutions, and consistent growth for more than 20 years. LineDrive is known for Driving Predictable Success™!

About Lakeland Industries, Inc.

We manufacture and sell a comprehensive line of industrial protective clothing and accessories for the industrial and public protective clothing market under the "Lakeland," "Eagle," "Pacific Helmets," "Jolly," and "Cosmas" family of global brands. Our products are sold globally by our in-house sales teams, our customer service group, and authorized independent sales representatives to a network of over 2,000 global safety and industrial supply distributors. Our authorized distributors supply end users, such as integrated oil, chemical/petrochemical, automobile, transportation, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high technology electronics manufacturers, as well as scientific, medical laboratories and the utilities industry. In addition, we supply federal, state and local governmental agencies and departments, such as fire and law enforcement, airport crash rescue units, the Department of Defense, the Department of Homeland Security and the Centers for Disease Control. Internationally, we sell to a mixture of end users directly, and to industrial distributors depending on the particular country and market. In addition to the United States, sales are made into more than 50 foreign countries, the majority of which were into China, the European Economic Community ("EEC"), Canada, Chile, Argentina, Russia, Kazakhstan, Colombia, Mexico, Ecuador, India, Uruguay and Southeast Asia.

For more information concerning Lakeland, please visit the Company online at www.lakeland.com.

Contacts

Lakeland Industries, Inc.
256-600-1390
Roger Shannon
rdshannon@lakeland.com

LineDrive
Brian Szmania
Bszmania@linedriveu.com

SOURCE: Lakeland Industries, Inc.



View the original press release on accesswire.com

FAQ

What is the recent strategic partnership announced by Lakeland Industries?

Lakeland Industries announced a strategic partnership with LineDrive, a leading outsourced sales & marketing company.

Who is LineDrive in partnership with Lakeland Industries?

LineDrive, a key player in outsourced sales & marketing, is partnering with Lakeland Industries.

What are the main goals of the partnership between LineDrive and Lakeland Industries?

The partnership aims to improve the sales and distribution of Lakeland's protective clothing and PPE solutions across North America.

What sectors will benefit from the collaboration between LineDrive and Lakeland Industries?

The industrial sector, including industry, healthcare, and first responders on federal, state, and local levels, will benefit from the collaboration.

Who are the key executives involved in the partnership between LineDrive and Lakeland Industries?

Jim Jenkins, Acting President and CEO and Executive Chairman of Lakeland, and Michael Abdella, CEO of LineDrive, are key executives involved in the partnership.

Lakeland Industries, Inc.

NASDAQ:LAKE

LAKE Rankings

LAKE Latest News

LAKE Stock Data

126.01M
6.48M
7.56%
75.69%
0.5%
Hosiery and Sock Mills
Manufacturing
Link
United States of America
HUNTSVILLE

About LAKE

lakeland industries inc. is a multidivisional, publicly-held producer of quality, high-performance protective garments for industry in both domestic and worldwide markets. headquartered in ronkonkoma, new york since 1982, its more than $100 million in sales last year is hard evidence of growth and recognition, factors attributable directly to its ongoing research and development programs. lakeland's protective clothing products are proven on-the-job every day, and are specified routinely for workers in the chemical petrochemical, healthcare, automotive, glass, cement and other industries in which hazardous materials must be handled. these reliable and, therefore, popular lines are widely diversified, yet stand prominently on the common foundation of quality for which the company is well-known and respected, and to which it continues to pledge its efforts. lakeland is proven around the world. prove it to yourself. call us today at 1-800-645-9291. give your people, and your company, the