Burlington Industries

Greensboro /ˈɡriːnzbʌroʊ/  is a city in the U.S. state of North Carolina. It is the third-largest city by population in North Carolina and the largest city in Guilford County and the surrounding Piedmont Triad metropolitan region. According to the 2010 U.S. Census,... Greensboro's population stands at 269,666. The city is located at the intersection of two major interstate highways in the Piedmont region of central North Carolina. In 2003, the previous Greensboro – Winston-Salem – High Point metropolitan statistical area was re-defined by the U.S. Office of Management and Budget, resulting in the formation of the Greensboro-High Point MSA and the Winston-Salem MSA. The 2010 population for the Greensboro-High Point MSA was 723,801. The Greensboro – Winston-Salem – High Point combined statistical area , popularly referred to as the Piedmont Triad, had a population of 1,599,477. In 1808, Greensborough was planned around a central courthouse square to succeed the nearby town of Guilford Court House as the county seat.
more

International Textile Group is a diversified U.S. fabric maker based in Greensboro, North Carolina. It acquired the assets of the former Burlington Industries out of bankruptcy in late 2003, and the assets of the former Cone Mills Corporation in 2004. The company has recently ventured into the world of automotive fabrics with acquisition of Safety Components International of Greenville, SC and BST Safety Textiles of Maulburg, Germany. The... company is majority-owned by private equity funds controlled by W.L. Ross & Co. LLC of New York, NY. The chairman of the company is New York-based investor Wilbur L. Ross. The company's president and CEO is Joseph L. Gorga. ITG's operating companies include: ITG continues to manufacture fabrics in North America, but it has also developed fabric mills in China, Vietnam and Central America. Its best-known fabrics are denim and specialty nylon fabrics used in automotive airbag systems. Denim fabrics are made in the United States, in Greensboro, NC, in Mexico and are also now being made in China and Nicaragua in new company plants.
more