Supplier Cap America, Inc. (PPAI 111597), headquartered in Fredericktown, Missouri, and Mirabel, Quebec-based supplier DML Creation, Inc. (PPAI 573622) have announced a broad, long-term alliance that enhances DML’s position in the industry while significantly expanding Cap America’s reach into Canada’s high-growth market.
Company principals say the new association is a strong, strategic fit that leverages the two companies’ respective strengths. Going forward, both suppliers will continue to operate as separate companies while maximizing the talents and resources at both establishments.
Mark Gammon, president and COO of Cap America, Inc., says, “The relationship with DML represents a powerful opportunity for Cap America; we share the same vision of providing our customers with leading product options for all their headwear needs.”
In the joint venture, both suppliers will contribute certain assets and resources.
Ron De Moor, co-founder of DML Creation, Inc., adds, “Our mutual future growth in Canada will be the result of two great companies working together to gain market share while innovating and paving new roads … very exciting!”