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HK firm clinches Games contract

Walmart

PAM & Frank International Holdings has won lucrative rights to manufacture and sell promotional items for the Centennial 1996 Olympics, to be held in Atlanta, Georgia.

The deal was sealed through Copywrite Products of Chicago, a 90-per-cent-owned subsidiary.

The rights, awarded by Atlanta Centennial Olympic Properties, will last for two years starting today.

Under the licence agreement, Pam & Frank will produce all-purpose sports bags, writing instruments and stationery bearing the 1996 Olympics and five-ring logos for sale in North America.

Orders are expected to bring HK$62 million in revenue.

Pam & Frank's prototypes are on show at the Chicago Sporting Goods Trade Show.

Pam & Frank was the official premium-gift producer for the 1994 World Cup in the United States.

Pam & Frank chairman Frank Yeung said the World Cup deal and now the appointment for the 1996 Olympics, 'indicates worldwide recognition for our quality products and efficient production'.

Pam & Frank is recognised as one of Hong Kong's largest listed cut-and-sew bag manufacturers.

Mr Yeung said he believed the US Olympic deal would both reinforce the confidence of the company's existing customers and enhance the group's effortsto further develop its North American market.

The company already boasts a string of big name customers in the region, including K-mart, Wal-mart, Avon, Coca-cola, Canada Tire, Fred Meyer and Franklin.

In addition to building the Pam & Frank Industrial Park in Shenzhen, which occupies a gross floor area of 750,000 square feet and employs over 3,500 staff, the company also has offices and warehousing facilities in California in the United States.

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