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As business improves, expansion becomes the focus.
While downsizing off shore offices, L.R.Caldwell International, Inc. hopes to create a stronger presence here in the USA.
L.R. Caldwell International, Inc. has reach a long term agreement with the manufacturer of their silicone bake ware products. Agreement includes strict cost control while maintaining the highest possible quality.
The agreement also allows for the purchase option of 15% of L.R.Caldwell International, Inc common stock., giving the manufacturer more incentive to maintain high quality standards.
June 08 2012
L.R. Caldwell International, Inc. will be going public, pending the SEC's approval. This decision by the Board of Directors comes as new markets come into reach and funding becomes more important.
Assets from the stock sale will be used to purchase showroom real estate in major business areas. These showrooms will be filled with products direct from manufacturers around the world and here in the USA. This is a Business to Business showroom not open to the general public. Currently we have over 100 manufacturers waiting for the final SEC decision.
Pending the sale and its success, we look to open a number of small clothing thrift stores in areas suffering most from hard economic times.
With recent shareholder approval, we look forward to an even more profitable year in 2013.