Lakeland Industries leases 8,000 square feet in Fresno, CA, expanding California PPE's service capabilities for firefighting markets.
Quiver AI Summary
Lakeland Industries, Inc. has announced a strategic expansion through its subsidiary, California PPE Recon, Inc., by leasing a new 8,000 square-foot facility in Fresno, CA. This facility will enhance California PPE’s operational capacity and service offerings, particularly for the firefighting market, by improving decontamination, inspection, and repair services, as well as increasing training capabilities. The move is part of Lakeland's broader strategy to build a recurring revenue service platform in the U.S. and deepen customer relationships. CEO Jim Jenkins emphasized the significance of this expansion in meeting growing demand and enhancing service levels. Lakeland, a global manufacturer of protective clothing, aims to leverage this expanded facility to offer new services and enhance their overall growth trajectory.
Potential Positives
- Lakeland Industries is enhancing its operational capacity by leasing a new 8,000 square-foot facility in Fresno, CA, which will expand its service footprint in the California firefighting market.
- The new facility will enable California PPE to improve service delivery with faster turnaround times, increased training capacity, and potential new service offerings to meet growing customer demand.
- This expansion is part of Lakeland's strategic goal to build a recurring revenue service platform in the U.S., supporting long-term growth in the decontamination, inspection, repair, and rental market for fire service PPE.
- CEO Jim Jenkins highlighted the expansion as a major milestone that positions Lakeland to strengthen customer relationships and unlock new service capabilities, thereby enhancing overall growth trajectory.
Potential Negatives
- The company's growth is heavily reliant on its new facility and the anticipated expansion of services, introducing a risk if these operations do not achieve projected outcomes.
- The press release includes a forward-looking statement disclaimer, indicating uncertainties and potential risks that could negatively affect profitability and operational growth.
- The reliance on the California market for growth might expose the company to regional economic fluctuations and competition-specific challenges.
FAQ
What is the significance of Lakeland's new facility in Fresno, CA?
The new facility will expand California PPE's operations and improve service capabilities for the firefighting market.
How does the Fresno facility enhance California PPE's services?
The facility increases decontamination, inspection, repair services, and training capacity, and supports faster turnaround times.
What strategic goals does Lakeland aim to achieve with this expansion?
Lakeland aims to build a recurring revenue service platform and strengthen customer relationships in the firefighting market.
What future services may be offered at the new location?
Future services may include expanded rental gear programs, training, consulting, and onsite inspection deployments for fire service clients.
How does this expansion affect Lakeland's overall growth trajectory?
This expansion positions Lakeland to meet growing demand and unlock new service capabilities, enhancing its growth prospects.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LAKE Insider Trading Activity
$LAKE insiders have traded $LAKE stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $LAKE stock by insiders over the last 6 months:
- JAMES M. JENKINS (President, CEO & Exec. Chair) purchased 1,000 shares for an estimated $13,140
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$LAKE Hedge Fund Activity
We have seen 42 institutional investors add shares of $LAKE stock to their portfolio, and 49 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PERRITT CAPITAL MANAGEMENT INC removed 554,840 shares (-92.7%) from their portfolio in Q3 2025, for an estimated $8,211,632
- WASATCH ADVISORS LP removed 438,644 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $6,491,931
- POLAR ASSET MANAGEMENT PARTNERS INC. removed 269,795 shares (-83.4%) from their portfolio in Q3 2025, for an estimated $3,992,966
- KENNEDY CAPITAL MANAGEMENT LLC added 154,511 shares (+inf%) to their portfolio in Q3 2025, for an estimated $2,286,762
- MILLENNIUM MANAGEMENT LLC removed 127,465 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $1,734,798
- ROYCE & ASSOCIATES LP added 107,100 shares (+10.0%) to their portfolio in Q3 2025, for an estimated $1,585,080
- EVERNEST FINANCIAL ADVISORS, LLC removed 66,392 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $903,595
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$LAKE Analyst Ratings
Wall Street analysts have issued reports on $LAKE in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- DA Davidson issued a "Buy" rating on 09/11/2025
- Lake Street issued a "Buy" rating on 06/10/2025
To track analyst ratings and price targets for $LAKE, check out Quiver Quantitative's $LAKE forecast page.
$LAKE Price Targets
Multiple analysts have issued price targets for $LAKE recently. We have seen 2 analysts offer price targets for $LAKE in the last 6 months, with a median target of $23.0.
Here are some recent targets:
- Michael Shlisky from DA Davidson set a target price of $20.0 on 09/11/2025
- Mark Smith from Lake Street set a target price of $26.0 on 06/10/2025
Full Release
HUNTSVILLE, Ala., Nov. 19, 2025 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. (NASDAQ: LAKE) (“Lakeland” or the “Company”), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, today announced the next phase of its strategic expansion via its recently acquired subsidiary , California PPE Recon, Inc. (“California PPE”). With the lease of a new 8,000 square-foot facility on a half-acre parcel in Fresno, CA, California PPE is positioned to significantly expand its service footprint, strengthen operational capacity, and introduce additional service offerings to support its growing customer base in the California firefighting market and beyond.
Facility Expansion to Support Growth
California PPE has executed a lease for a newly-secured 8,000 square-foot facility strategically located in Fresno, CA and sized to accommodate its expanding operations. This expanded footprint will enable greater throughput of decontamination, inspection and repair services, rental gear logistics, and increased training capacity for fire service clients. The half-acre site allows for ancillary support space, equipment staging and vehicle access, positioning the business to scale efficiently as demand grows.
The upgraded facility ensures California PPE will more effectively serve its existing Southern California fire department customers while enabling Lakeland to leverage this platform to extend services into additional public safety markets. The expanded operations will support faster turnaround times, improved workflows, potential additional shifts, and the opportunity to offer new service modalities over the coming quarters.
Strategic Rationale
- The new facility supports Lakeland’s broader strategy of building a recurring revenue service platform in the U.S., complementing its global manufacturing business.
- By enhancing capacity and infrastructure, California PPE can accelerate growth, deepen customer relationships, and increase the value proposition of Lakeland’s fire service ecosystem.
-
Future services under consideration include expanded rental gear programs, training, and consulting for NFPA 1850 care and maintenance standards, and onsite inspection deployments, each of which aligns with Lakeland’s service-oriented growth objectives.
CEO Commentary
“Expanding California PPE’s footprint with this new 8,000-square-foot facility is a major milestone for our U.S. service platform,” said Jim Jenkins, President, Chief Executive Officer and Executive Chairman of Lakeland. “This investment underscores our confidence in the long-term growth of the decontamination, inspection, repair and rental market for fire service PPE. With enhanced infrastructure and operational scale in place, we are well positioned to meet growing demand, deliver elevated service levels to our customers, and unlock new service capabilities that will deepen our recurring revenue streams and strengthen Lakeland’s overall growth trajectory.”
About Lakeland
Lakeland Industries (NASDAQ: LAKE) is a global manufacturer and provider of industrial protective clothing, first-responder gear and comprehensive safety solutions. The Company distributes to a broad set of end-users worldwide—including industrial, construction, cleanroom, pharmaceutical, government and fire/rescue markets—and through its expanding service platform in North America is broadening its value-added offerings in decontamination, inspection, repair and rental of PPE. For more information, please visit www.lakeland.com .
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the timing, location and benefits of the lease and new facility, expansion of services, future growth of California PPE and its integration with Lakeland’s service platform, and the anticipated contribution of these operations to Lakeland’s recurring revenue and profitability. Actual results may differ materially from those indicated by such statements because of various factors, including without limitation the ability to successfully install and activate new operational capacity, allocate resources to scale services, achieve projected customer expansion, and realize synergies as expected. Lakeland undertakes no obligation to update or revise these forward-looking statements, except as required by law.
Contacts
Lakeland Fire + Safety
256-600-1390
Roger Shannon
Chief Financial Officer
[email protected]
Investor Relations
Chris Tyson
Executive Vice President
MZ Group - MZ North America
949-491-8235
[email protected]
www.mzgroup.us