LAGUNA BEACH, Calif. — November 13, 2018 — Code Green Apparel Corp. is pleased to announce that it has executed a joint venture agreement (JVA) with 3R Apparel LLC to purchase, manufacture, and sell certain apparel and uniform items to various owners of a nationally recognized fast food restaurant chain across the United States utilizing the company’s sourcing and manufacturing capabilities.
Pursuant to the JVA, the company has created CGAC Direct LLC in which to operate and manage these specific business activities.
“Our focus since the very beginning has always been to provide uniforms made from sustainable textiles and fabrics to both small and large size companies and to have been able to attract the attention of this very large, well respected nationally recognized chain of fast food restaurants is quite an achievement,” commented George J. Powell, president and CEO of Code Green Apparel Corp. “We have been working with 3R, whose members are comprised of these various franchise owners and operators, on securing and creating a structure over the past several months and are extremely pleased and excited to have been able to come to an agreement to create this joint venture.”
As an integral part of the joint venture, 3R will be assisting in the initial product development, marketing and selling of the restaurant branded uniforms to the approximate 2,000+ restaurant owners located across the United States and abroad. 3R has made a financial commitment to invest up to $600,000 to finance the operation, which includes initial uniform design, development and production.
Posted November 14, 2018
Source: Code Green Apparel Corp.