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Activewear Manufacturer history
Activewear Manufacturer company history timeline
For fiscal 2003 sales had skyrocketed to $431.2 million and net earnings reached $81.5 million.
Near the end of 2003 Gildan acquired part-ownership of a yarn spinning plant in Cedartown, Georgia.
In addition, the company's European expansion gained momentum with a total of 37 distributors in 19 countries by January 2004.
Another segue came in early 2006 with the purchase of the Hopkinsville-based Kentucky Derby Hosiery Company for $45 million.
Gildan Activewear, darling of the stock markets, continued to shine in 2006.
In 2010, Gildan Activewear even invested in a manufacturing company in Asia to further their production capabilities.
They also received the Presidential Exporter award in 2013 for excellence in export improvement and job creation at their largest sewing facility located in Honduras.
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