LAWRENCE, Mass.–(BUSINESS WIRE)–99Degrees proudly announces a strategic partnership with Reliable Source Industrial, Inc. (RSI), through a Series A financing round. 99Degrees is a Lawrence, Massachusetts based performance activewear manufacturer, launched in 2013 to build a future model of US advanced apparel manufacturing. RSI is a recognized global manufacturing leader in technical activewear for premium brands, producing over 60 million units per year and employing over 10,000 associates worldwide.
99Degrees’ CEO, Brenna Schneider, said, “I can’t imagine a better partner to help us scale, create meaningful jobs in the Merrimack Valley and make Lawrence Massachusetts a key epicenter of forward-thinking US apparel manufacturing. From the moment I met Amy and the RSI team, it was clear that we share the same vision for the industry’s future. We are thrilled to draw on RSI’s unparalleled manufacturing expertise and technical know-how while building a model designed for US manufacturing – one based on speed, innovation, and advanced technologies. RSI is a global company recognized for technical expertise, premium quality and deep commitments to its customers, employees, and communities where it operates.”
RSI’s CEO, Amy Hsu, shares Schneider’s view. “Brenna’s vision aligns closely to RSI’s strategic direction and we share her values, including social responsibilities to the local community. Her passion, entrepreneurship, and leadership are the key ingredients for a successful company, and together we believe we can offer the industry a new service model, one predicated on speed, innovation, and quality to better service the activewear apparel industry. Furthermore, we are proud to invest in a woman-owned, woman-led business that will have an important impact on skilled job creation in Lawrence and nearby communities.”
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