Uco Raymond Opens Mill In Romania

Belgium-based Uco Raymond, one of the
top five denim producers in Europe, has opened a denim mill in Romania. The increase in production
capacity will enable the company to respond to increasing competitive pressure from nearby Turkish
denim manufacturers.

The company hopes to expand the mill, which currently employs 41 people, to 200 employees in
the near future.

October 31, 2006