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ANGELICA CORPORATION and its subsidiaries provide products and services to a wide variety of institutions and individuals, which are in primarily three markets: health services, hospitality and other service industries. The Company was founded in 1878 and was incorporated as Angelica Corporation in 1968.The Company's businesses are reported in three industry segments: 1. Textile Services. This segment principally provides textile rental and laundry services for health care institutions, as well as a limited amount of general linen services in selected areas, principally to hotels, motels and restaurants. 2. Manufacturing and Marketing. The Company's Manufacturing and Marketing operations consist of Angelica Image Apparel in the United States and two smaller operations in Canada, collectively engaged in the manufacture and sale of uniforms and business career apparel for a wide variety of institutions and businesses. The Company has been sourcing more of its image apparel from domestic and foreign contractors and other foreign suppliers. The Manufacturing and Marketing segment is a supplier of image apparel to the Textile Services and the Retail Sales segments, and those segments are Manufacturing and Marketing's two largest customers. 3. Retail Sales. The Retail Sales segment is a specialty retailer offering
uniforms and shoes primarily for nurses and other health care professionals
through a nationwide chain of retail stores under the name of Life Uniform and
Shoe Shops, located primarily in malls and strip shopping centers and to a
limited extent inside hospitals. |