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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) June 7, 1996
GALEY & LORD, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 56-1593207
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
980 Avenue of the Americas
New York, New York 10018
(Address of principal executive offices) Zip Code
212/465-3000
Registrant's telephone number, including area code
Not Applicable
Former name, former address and former fiscal year, if changed since last
report.
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Item 5. Other Events.
Incorporated by reference herein and attached as an exhibit hereto is the press
release of Galey & Lord, Inc. (the "Company") dated June 7, 1996, announcing
that the Company's newly formed subsidiary, G&L Service Company, North America,
Inc. has completed the previously announced purchase of Dimmit Industries, S.A.
de C.V. from Farah Incorporated for approximately $22.5 million.
Exhibit
1. Press Release of Galey & Lord, Inc., dated June 7, 1996.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Galey & Lord, Inc.
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(Registrant)
/s/ Michael R. Harmon
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Michael R. Harmon
Executive Vice-President,
Chief Financial Officer
(Principal Financial and
Accounting Officer),
Treasurer and Secretary
June 14, 1996
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Date
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PRESS RELEASE
Contacts: Arthur C. Wiener
(212) 465-3000
Michael R. Harmon
(910) 665-3037
GREENSBORO, N.C., JUNE 7, 1996/PRNewswire - Galey & Lord, Inc. (NYSE:GNL) today
announced that its newly formed subsidiary G&L Service Company, North America,
Inc. has completed the previously announced purchase of Dimmit Industries, S.A.
de C.V. from Farah Incorporated (NYSE:FRA) for approximately $22.5 million.
Dimmit is composed of six manufacturing facilities in Piedras Negras, Mexico and
sews and finishes pants and shorts for the men's casual wear market. G&L Service
Company, North America, Inc. will produce finished garments made from the
Company's fabric and sell these garments to the Company's current customers.
Galey & Lord is a leading manufacturer of high-quality woven cotton and
cotton-blended apparel fabrics, sold principally to manufacturers of sportswear
and commercial uniforms. The Company also manufactures fabrics used in home
furnishings, including comforters, bedspreads and curtains.
