BNET Industries

Cone Mills Corp.

is in the Manufacturing Industry

Last Fiscal Year Sales:$300.0M
  • Private
Dow Jones Description

Established in Greensboro, North Carolina in 1891 by brothers Moses and Ceasar Cone, Cone Denim has been a leading supplier of fabric to top denim apparel brands for over 100 years. Throughout the century, Cone Denim has been synonymous with authenticity and innovation. Today, the same entrepreneurial spirit, expertise and advanced capability continues to service and inspire the global market. Cone Denim currently operates in the U.S., Mexico and Turkey with expansion initiatives underway in China and Nicaragua.

President
John Bakane
Number of Employees 2,999
Contact Information

www.cone.com

NAICS Code Broadwoven Fabric Mills: 313210

News & Analysis

cone mills corp. - All News and Analysis

  • ITG's Cone Mills Announces Plans for 30 Million-Yard Guatemala Denim Plant

    - 2004-05-13

    Business Editors GREENSBORO, N.C.--BUSINESS WIRE--May 13, 2004 International Textile Group ("ITG"), subsidiary Cone Mills, announced today plans for a 30 million yard denim plant in Guatemala. Cone Mills is already the largest denim provider in the world, with plants in the US and Mexico and joint ventures...

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  • ROSS COMBINES BURLINGTON, CONE MILLS INTO $900M ITG.

    - 2004-03-29

    NEW YORK-Investor Wilbur L. Ross christened his second conglomerate last week. During a news conference in Greensboro, N.C., Ross said he was merging Burlington Industries and Cone Mills into a new entity called International Textile Group. Ross said the...

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  • ROSS'S STRATEGY: A BRANDING BLITZ FOR TEXTILE FIRMS.

    - 2004-03-22

    ATLANTA -- Wilbur L. Ross has big plans for his new, international textile powerhouse, aptly named International Textile Group ITG, that include making Burlington and Cone recognizable consumer brand names and swimming against the tide to grow ITG in a post-Jan. 1, 2005, no-quota...

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  • Burlington and Cone gel to form ITG.

    - 2004-03-22

    NEW YORK -- International Textile Group ITG has been formed by the combination of Burlington Industries with the acquisition this month of Cone Mills by Wilbur L. Ross. The combined companies have revenues of $900 million. At the same time, Ross announced...

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  • Burlington Industries Merges with Cone Mills to Form Competitive Textile Firm.

    - 2004-03-18

    By Richard Craver, Winston-Salem Journal, N.C. Knight Ridder/Tribune Business News Mar. 18--Wilbur Ross made it official yesterday that he has merged Burlington Industries Inc. and Cone Mills Corp. to form what he believes will be a competitive global textile manufacturer. ...

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Decision Makers

Name (plus bio) Position
John Bakane President
Mark D. Collins
Thomas McKenna Marketing Executive

Organization Position Status
Cone Mills Corporation President Current

Mark D. Collins is a director of Richards, Layton & Finger, where he is Chair of the firm's Restructuring & Bankruptcy Group. Mr. Collins concentrates his practice in the areas of bankruptcy, insolvency and creditors' rights, with particular experience representing debtors, institutional lenders, creditors' committees and acquirers in national Chapter 11 cases. Mr. Collins has served as counsel to numerous chapter 11 debtors, with recent representations including Teleglobe Communications Corporation, Tower Records, FAO Inc. and Armstrong World Industries. Mr. Collins also has an active secured lender practice, with recent representations including the senior lenders in Federal-Mogul Corporation, Thaxton Industries, Cone Mills Corporation and Owens Corning.

Organization Position Status
Cone Mills Corporation Current
Owens Corning Current
Federal-Mogul Corporation Current
Richards, Layton & Finger Director Current
Tower Records Former

Organization Position Status
Cone Mills Corporation Marketing Executive Current
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