BNET Industries

Veratex Inc.

is in the Manufacturing Industry

Last Fiscal Year Sales:$37.5M
  • Private
  • US
Dow Jones Description

In 1992, Cohen opened a small sewing and manufacturing facility in Los Angeles and began importing piece goods. After three months, the modest 400 square foot facility expanded to 1,200 square feet. by the end of the second year, capacity was at nearly 12,000 feet and growing. Cohen explains the rapid progress of the company by the deep commitment and confidence he had in the company from the rough beginning. "At first our growth was very slow, but we kept reinvesting all of our money into the business, using better fabrics and higher quality fabrications," he says. "We started to gain placement in the small independent specialty stores and some larger specialty stores on the West Coast and in Canada. in 1994, we introduced our first woven jacquard bedding it became a number one seller. That was when business really took off. Indeed business did take off. Dale Talbert, Vice President of Veratex, boasts "We have grown to a point where we can service the larger national chains. The monumental growth of Veratex enabled the company to expand its retail customer base as well as its manufacturing base. Larger, state-of-the-art facilities also mean better service and delivery capabilities. "We deliver as well as any bedding company in the industry," Talbert asserts. "The new, larger facilities have allowed us to increase our business with our existing customers, as well as go after new, larger customers, because we can invest in the inventory go service the customers...

Number of Employees 14
Contact Information

14000 Arminta St

Panorama City, California 91402

veratex.com

1 818 994 6487

NAICS Code Textile and Fabric Finishing (except Broadwoven Fabric) Mills: 313312

News & Analysis

veratex inc. - All News and Analysis

  • Talbert Leaves Veratex, Sager Steps Up.

    - 2008-12-04

    By Staff Van Nuys, Calif. -- Longtime home textiles industry executive Dale Talbert has left Veratex, where he was vp sales. He has been succeeded by Debbie Sager, vp marketing, who adds the vp sales responsibilities. "It was a great...

    Tags: Veratex Inc.

  • Talbert Leaves Veratex, Sager Steps Up.

    - 2008-11-17

    By Staff Van Nuys, Calif. -- Longtime home textiles industry executive Dale Talbert has left Veratex, where he was vp sales. He has been succeeded by Debbie Sager, vp marketing, who adds the vp sales responsibilities. "It was a great...

    Tags: Veratex Inc.

  • Veratex Expands Jennifer Gucci Home (Home Textiles Today)

    - 2007-06-04

    Van Nuys, Calif. -- Veratex will hold a special market event in its New York showroom featuring its Jennifer Gucci Home Collection during Licensing International, June 19 through 21. Gucci, a former member of the Italian Gucci family noted for their leather goods and accessories,...

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  • Veratex Debuts Standalone Bath Rug Line.

    - 2007-02-26

    By Staff NEW YORK - Veratex has launched its first ever bath rug program independent of its bath coordinate line. It comprises both 100% cotton and nylon varieties. The cotton rugs are reversible, and the synthetic styles come with...

    Tags: Veratex Inc.

  • Veratex Teams with Jennifer Gucci.

    - 2007-02-10

    By Carole Sloan Panorama City, Calif. -- Jennifer Gucci, a former member of the Gucci family renowned for their leather goods and accessories, has signed a licensing agreement with Veratex to produce a home furnishings collection. ...

    Tags: Veratex Inc.

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