NEW YORK — Dana-Co is among the limited ranks of independent companies looking to get a bigger piece of the lingerie business in 2003.

Established as ERO Ltd. in 1991, the firm began a transformation this year under its new name, Dana-Co, as a fashion-forward manufacturer of branded lingerie bearing the Angelie label, as well as private label merchandise tailored for major department and specialty stores that want exclusive designs and products.

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