Lakeland Industries secures new orders across five Latin American countries
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Lakeland Industries Inc. (NASDAQ: LAKE) announced new orders for fire protection equipment across Mexico, Argentina, Ecuador, Guyana and Panama. The orders include structural fire suits, rescue gear, turnout gear, wildland gear, boots and gloves for municipal and national fire services.
The company did not disclose financial terms of the contracts. The orders were secured through competitive tender processes that included technical evaluations and wearer trials across multiple services. Some orders represent follow-on business including restocks, annual replenishments and contract renewals.
The contracts build on recent wins in Argentina and Colombia as Lakeland expands its presence in the Latin American market. The equipment will outfit first responders across diverse operational areas in the region.
"These new international orders exemplify the work of our LATAM sales team, expanding our geographic reach and positioning Lakeland as the definitive head-to-toe provider in fire protection in the region," said Jim Jenkins, President and CEO of Lakeland Fire + Safety.
The expansion follows Lakeland's 2024 acquisition of Veridian, which provided access to an established customer base in Latin America. The company has since focused on cross-selling opportunities across its product portfolio in the region.
Barry Phillips, Chief Revenue Officer, noted that customers selected Lakeland products based on NFPA certification, ergonomics, cost analysis, local inventory and technical support capabilities. The company holds NFPA 1970:2025 certification across its brand portfolio and facilities.
Lakeland manufactures protective clothing and accessories for industrial and first responder markets, selling products in more than 50 countries including significant markets in China, the European Economic Community, Canada and various Latin American countries.
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