Individualized Apparel Group (IAG) said it is nearing a deal to acquire Hartz & Co, a clothing manufacturer.

Hartz will otherwise be forced to shut its doors in October, meaning the loss of more than 230 jobs. 

The manufacturer makes apparel under names such as Tallia, Bill Kaiserman, Hilton, and Mondo Di Marco.

IAG is made up of clothing makers including English American, H. Freeman & Son and Oxxford Clothes.