| Business Summary | | Burlington
Industries
is
a
developer,
marketer
and
manufacturer
of
fabrics
and
other
textile
products
used
in
a
wide
variety
of
apparel
and
interior
furnishings
end
uses.
Among
the
Company's
products
are
woven
worsted
and
worsted
blend
fabrics,
woven
synthetic
fabrics
made
with
100%
polyester,
100%
nylon
and
polyester
or
nylon
blended
with
wool,
rayon,
lycra
or
other
fibers,
denim
fabrics,
focusing
on
fashion,
value-added,
specialty
products,
as
well
as
ready-made
and
made-to-measure
draperies,
window
coverings
and
coordinating
bedroom
ensembles,
mattress
ticking,
upholstery
fabrics
and
decorative
fabrics.
It
also
produces
tufted
area
and
bath
rugs
for
home
use,
and
tufted
synthetic
carpet
for
commercial
uses,
comprised
of
broadloom
carpet,
carpet
tiles
and
six-foot
vinyl-backed
carpet. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Burlington
Industries
is
a
developer,
marketer
and
manufacturer
of
fabrics
and
other
textile
products
used
in
a
variety
of
apparel
and
interior
furnishings
end
uses.
For
the
39
weeks
ended
6/01,
net
sales
fell
10%
to
$1.08
billion.
Net
loss
totalled
$14.4
million,
up
from
$3.3
million.
Revenues
reflect
the
announced
closure
of
two
PerformanceWear
facilities
and
the
sale
of
the
tufted
area
rug
business.
Higher
loss
reflects
restructuring
and
plant
curtailment. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| George Henderson, lll, 52 Chairman,
CEO | $607K | Douglas McGregor, 59 Pres,
COO, Director | 453K | Charles Peters, Jr., 48 CFO,
Sr. VP | 494K | John Ganley, 46 Pres,
Burlington House Division | -- | Bernard Leonard, 61 Pres,
Burlington CasualWear Division | -- | Dollar amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|