BRACEBRIDGE, ON – A Bracebridge company supported by the Muskoka Founders Circle is giving back.
Sheertex, a manufacturer of high-end, so-called indestructible pantyhose, donated $15,000 to the Founder’s Circle, a group of Muskoka business leaders dedicated to economic development in Muskoka. The company has relocated to Montreal after its production line was not able to keep up with demand for the $99 per pair product.
“We leave Muskoka with mixed emotions,” said Katherine Homuth, Founder and CEO of Sheertex. “Our manufacturing process is very specialized and an opportunity in Montreal became available that addresses all of our immediate growth requirements, so we moved quickly. We will be forever grateful to Bracebridge and Muskoka for incubating our young company. And the work that Founders Circle is doing deserves to be supported, so we’re pleased to be able to say ‘thank you’ in this way.”
Sheertex won $15,000 earlier this year as the 2019 Founders Choice Awards first prize winner.
Executive chair of the Founders Circle, Rick Dalmazzi, said one of the criteria for choosing a winner was looking at the spirit of a company in terms of giving back, so the donation by Sheertex showed a lot of that.
“One of our selection criteria for the Founders Choice Awards is that the company contributes to the economic growth of the Muskoka region,” said Rick Dalmazzi, executive chair of Founders Circle. “With their imminent move to Montreal that will no longer be possible for Sheertex, so they graciously decided to ‘pay it forward’ by donating an equal amount to support future aspiring entrepreneurs in Muskoka.”