Drypers Will Supply Wal-Mart Private Label Diapers in U.S.; Deal Expands Existing International Supply Relationship; Shipments to Begin In 4Q99.HOUSTON--(BUSINESS WIRE)--Sept. 8, 1999-- Drypers Corporation (Nasdaq:DYPR) is proud to announce its expanding worldwide relationship with the world's largest retailer, Wal-Mart Inc. (NYSE NYSE See: New York Stock Exchange :WMT (Windows Media Technologies) See Windows Media. ), to now include the production of private label diapers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Drypers currently provides the private label brand of Cozies and/or Cosies to Wal-Mart in many international locations and is now partnering to produce private label under the Dri Bottoms name in the United States. Drypers has been supplying private label diapers to Wal-Mart International since 1997. Drypers Corporation currently manufactures diapers for Wal-Mart under the "Cozies" and "Cosies" brands in Mexico, Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. , Canada, Germany, South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , and Asia. "Wal-Mart is a stringent customer with high quality standards and we have had the opportunity to prove our ability to meet those rigorous standards around the globe," said Walter V. Klemp, chairman and chief executive officer of Drypers Corporation. "It's a great feeling to bring this relationship `home' to the U.S. as well. We made a huge investment in increased capacity to prepare for strong second-half 1999 and 2000 growth. Now it looks like that investment will pay off." Shipments to Wal-Mart stores across the U.S. will begin in the fourth quarter of 1999. About Drypers Corporation Drypers Corporation manufactures and markets premium quality disposable diapers, training pants and pre-moistened wipes under the Drypers(R) brand and is a major provider of private label disposable baby diapers and training pants. Drypers Corporation is committed to the development of value brands and to building lasting global brand equity through product innovation and differentiation in a vital category. Headquartered in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , the Company operates in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Latin America, Southeast Asia, and other international markets. About Wal-Mart Stores Inc. Wal-Mart Stores Inc. operates 1,835 stores, 622 Supercenters, and 453 Sam's Clubs in the United States. Internationally, they operate units in Argentina (13), Brazil (14), Canada (155), Germany (95), Mexico (433), and Puerto Rico (15), and under joint venture agreements in China (6) and Korea (5). Wal-Mart employs more than 815,000 Associates in the U.S. and 135,000 internationally. |
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