International Textile Group
The merger with Safety Components was completed on October 20, 2006. This group manufactures fabrics and cushion for airbags, which are sold to automotive safety groups, such as Autoliv, TRW and Delphi.BST employs over 1200 persons worldwide. . The company s president and CEO is Joseph L.
Ross. Ross & Co.
Many automobiles throughout the world contain ITG s safety fabrics. The merger, completed in October 2006, created a $1 billion a year revenue company.
LLC of New York, NY. The chairman of the company is New York-based investor Wilbur L. The company also produces some technical fabrics, such as fabrics made of polyester and nylon.
Almost all famous brands of denim fabrics purchase fabrics from Cone Denim, including Levi s, Wrangler and American Eagle. Ross & Co.
By adding BST Safety Textiles ITG s business in automotive components has now grown significantly. BST is a producer of flat fabric used in manufacturing automobile airbags, one piece woven (known as OPW) airbags, and narrow fabric used in automobile seatbelts and all types of industrial strapping applications.
Also during 2007, the Company has opened a mill in China that will develop apparel and interior fabrics and the Company is developing a Vietnam venture that will supply apparel fabrics and garments. On April 1, 2007, BST Safety Textiles came into the ITG family of business. Customer of the wool fabrics include many well-known makers of wool garments (such as Joseph Banks and others).
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. However, in the summer of 2009, ITG s air bag unit filed bankruptcy and was taken over by secured creditors. In December 2006, Wilbur Ross completed the purchase of BST Safety Textiles GmbH (BST), previously known as Berger Safety Textiles, of Maulburg, Germany.
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. BST currently operates locations in southern Germany, Poland, and the US in Virginia.
fabric maker based in Greensboro, North Carolina. The fabrics and cushion are manufactured in various locations (U.S., Germany, Poland, China, Mexico). The company owns the brand BURLINGTON, which is licensed to a company in Germany for a European menswear brand.
At a time when most North American textile companies are struggling for survival, with many in chapter 11 bankruptcy reorganization, ITG is expanding into new markets. International Textile Group (ITG) is a diversified U.S.
The company has developed a source for wool fabrics in India by working with OCM India Limited, a mill in Amritsar, India, which is also owned by funds controlled by W.L. 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.
This makes the venture to build the plant almost a total loss to ITG). These fabrics have a variety of uses, such as in uniforms, in performance apparel items and for safety services. The ITG Automotive Group is a new development.
The headquarters is based in Greenboro, NC. In January 2007, ITG announced that it was selling it mattress fabric product line to Culp, Inc., another U.S. (in the summer of 2009 ITG reported that it had closed the Nicaragua mill- which it had just opened- because its main customer moved its cut and sew operation out of Nicaragua.
textile company that is based in High Point, NC. 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 is majority-owned by private equity funds controlled by W.L. Recently, the company sold certain trademark rights to the BURLINGTON brand in Europe to FALKE, a European high-fashion brand. In September 2006, ITG announced plans to merge with Safety Components International, Inc., a Greenville, SC company that manufactures nylon fabrics that are used in automotive airbags.
The company is also known for its worsted wool fabrics, which are made in North Carolina and in Mexico.
