PORTSMOUTH, RI – October 26, 2022 – Ocean State Innovations (OSI), a leading textile provider, announced their new offering of ITW Military Products. ITW has been providing innovative products to the US Military since 1853. Divisions such as Nexus, Fastex, and Military Products are known throughout the world for their history of Quality and Innovation.
Throughout the years, ITW’s breadth of engineered products has expanded exponentially. Now these products and associated technologies are being targeted at value added opportunities in the Military and Defense industries. ITW Military Products produces engineered and innovative solutions that meet the needs of our customers.
OSI President, Bryan Boulis, said “We are so proud that ITW has chosen Ocean State Innovations to be a re-seller of ITW Military Products. Ocean State Innovations is committed to maintaining a large inventory and providing on time deliveries along with ITW quality to all our customers.”
For more information, please visit www.osinnovate.com
About Ocean State Innovations
Founded in 1913 as Brand and Oppenheimer Company, Inc. (“B&O”) as a supplier of garment linings, the company celebrates a rich history in the textile industry. In October 2011, Praesidian Capital became an investor. In 2014 Brand & Oppenheimer acquired Performance Textiles, a US textiles supplier. In 2015 B&O entered an equity partnership with 1947 LLC’s management team: Ed Ricci, Ben Galpen, and Bryan Boulis, all industry experts with over one hundred years of combined experience. The 1947 LLC Management team has grown the business through organic sales, strategic partnerships, and acquisitions. In 2017 B&O acquired the assets of Cutting Edge TexStyles, a global supplier of Bindings, Trims and Piece Goods. In 2018 B&O acquired the assets of General Fabrics Inc., a global designer and wholesale distributor of quilting fabrics. In 2019, Brand and Oppenheimer became Ocean State Innovations (“OSI”) to continue the tradition of quality textiles, while focusing on the company’s innovative industry expertise and strong Rhode Island roots. In 2020, OSI acquired the assets of ColorWorks, a premier textile dyer and finisher located in Elizabethton, Tennessee. Ocean State Innovations has distinguished itself as the premier global source for textile products and services and continues as a leader in the textile industry for the U.S. Military. OSI is now bringing that same innovative textile expertise to many commercial market segments such as medical, industrial, automotive, and traditional apparel.
About Praesidian Capital
Praesidian Capital is an innovative private investment firm focused on providing senior and subordinated debt along with growth capital to private lower middle market business in the United States, United Kingdom, German, and selectively in Northern Europe. Praesidian invests in established small and mid-sized companies, often in connection with Management buyouts, recapitalizations, and refinancing. Based in New York with an office in London, Praesidian has nearly $1 billion in original capital commitments in aggregate. For more information, visit www.praesidian.com
Holly Buniewski, Marketing Manager, Ocean State Innovations
908-812-6384 | email@example.com