Terry takes to the ice.Terry Manufacturing shoots and scores with Major League Hockey Major League Hockey (MLH) is the top tier Canadian Senior ice hockey league in the province of Ontario with the Eastern Ontario Senior Hockey League. The league plays in the Southwestern Ontario region. gear Terry Manufacturing Co. Inc. (TMC TMC Technology Marketing Corporation (Norwalk, Connecticut) TMC Texas Medical Center (Houston, TX) TMC Traffic Message Channel TMC The Movie Channel TMC Traffic Management Center ), will be doing more than simply watching from the rafters when the National Hockey League National Hockey League (NHL) Organization of professional North American ice-hockey teams. The league was formed in 1917 by five Canadian teams; the first U.S. team, the Boston Bruins, was added in 1924. It today consists of 30 teams in two conferences and six divisions. showcases the fourth annual Willie O'Ree All-Star Weekend in Washington, D.C., next month. The Roanoke, Alabamabased apparel manufacturer (No. 59 on the BE INDUSTRIAL/SERVICE 100 list) will have a visible presence after signing a landmark deal giving Terry Manufacturing licensing rights to produce NHL-branded apparel. TMC's lucrative NHL NHL Non-Hodgkin's lymphoma, see there license will allow the company to sell wholesale consumer apparel to major retail chains like J.C. Penney and the local retail stores of NHL teams. The screen-printed and embroidered em·broi·der v. em·broi·dered, em·broi·der·ing, em·broi·ders v.tr. 1. To ornament with needlework: embroider a pillow cover. 2. product line includes knit golf shirts, novelty knit shirts, polo shirts, fleece sweat shirts, baseball jerseys and T-shirts. Merchandise will retail from $18 for T-shirts to $120 for higher-end items. "We believe the product range is the broadest license ever awarded to a minority firm by a major sports league," says Rudolph Terry, executive vice president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Terry's Licensed Apparel Division. Terry says his firm will manufacture the NHL garments primarily in the U.S. at its cut-and-sew plant in Roanoke with a staff of 300. Any items produced overseas will still get the Terry logo at the 70-worker factory in Atlanta. "Terry Manufacturing's quickresponse capabilities and domestic operation put them in a position to really react to micro-marketing," says Jim Haskins, NHL Enterprises director of consumer products marketing. Haskins says satisfying regional buying patterns with contemporary styling gives Terry a further leg up and was a key to securing the license. "They manufacture very highend fabrics and fashion items that speak to what the consumer really is looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. today." Owned by brothers Roy and Rudolph Terry, the 1996 Olympics spawned creation of Terry's Atlanta embroidery, screen-print and distribution facility. The licensed and retail apparel division boasts over 150 licenses for collegiate apparel. "But we feel the NHL license will be a growing part of our business," says Roy Terry. "Hopefully, other leagues will do similar broad licenses so that we can continue to grow and expand. We expect it to be a significant part of our sales." The initial NHL license runs through June 2000. Issued in one-year renewable contracts, the clothing deal is subject to renewal but Terry expects to be on the ice with the NHL for the long term. The company projects the license will add substantially to the company's over $35.3 million annual gross sales Gross Sales A measure of overall sales that isn't adjusted for customer discounts or returns, calculated simply by adding all sales invoices, and not including operating expenses, cost of goods sold, payment of taxes, or any other charge. . |
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