Nise N Kosy Incorporated
Nise N Kosy Incorporated is a full service apparel manufacturer, silk-screen printer and importer of knitted t-shirts, sweatshirts and other basic apparel. Due to the increase in competitiveness in the retail sector and the availability of ever cheaper imports, the viability of Canadian based apparel manufacturing had reduced significantly. The Company filed a Division 1 Proposal which was approved at a meeting of creditors on July 10, 2006 and subsequently approved by the Court on August 3, 2006. The proposal has been amended and is ongoing.