ITG Integrates Burlington, Cone

GREENSBORO, N.C.— Burlington Industries and Cone Mills have been fully integrated into the International Textile Group (ITG) owned by WL Ross & Company. In addition, a five year, $150 million credit line has been approved by Bank of America, GE Capital Corp. and The CIT Group according to Wilbur Ross, chairman. ITG now owns Burlington House and Cone Jacquards with...