With the funding of its currency losses now behind it, Speizman Industries believes it is now positioned for growth and profitability, consistent with its long-term strategic plan. "Our vision is to build on our current leadership position in the commercial machinery industry for the sock and laundry segments by providing the latest innovative product solutions and value-added services," Robert S. Speizman, chief executive officer of Speizman Industries, commented. "Capitalising on our dominant market position, we have taken important steps on each of the elements in our strategy which we believe will increase both revenues and profit margins and build value for our stockholders."