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International Textile Group Inc  (ITXN)
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Price: $0.0000 $0.00 %
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Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 27
 Employees 4,750
 Revenues (TTM) (Millions $) 607
 Net Income (TTM) (Millions $) 22
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 9

International Textile Group Inc

International Textile Group, Inc. is a global, diversified textile manufacturer headquartered in Greensboro, North Carolina, with operations in the United States, Mexico, and China. The Company believes it is one of the world’s largest and most diversified producers of denim fabrics and the largest producer of better denim fabrics for products distributed through department stores and specialty retailers. In addition, the Company believes it is one of the largest worsted wool manufacturers and commission printers and finishers in North America, and is a leading developer, marketer and manufacturer of performance synthetic apparel fabrics, automotive safety fabrics, technical and value added fabrics, contract fabrics for interior furnishings, and other textile products used in a variety of niche industrial and commercial applications. ITG’s long-term focus includes realizing the benefits of its global expansion, including reaching full production at the Company’s facilities in China


The Company, a Delaware corporation incorporated in 1994, was formerly known as Safety Components International, Inc. (“SCI”). The Company combined with a company formerly known as International Textile Group, Inc. (“Former ITG”) in October 2006 (the “Merger”) in a negotiated transaction. Upon completion of the Merger, SCI changed its name to “International Textile Group, Inc.”

Former ITG was formed in August 2004 by certain entities affiliated with WL Ross & Co. LLC, our controlling stockholder (“WLR LLC”), to consolidate the businesses of leading textile and fabric manufacturers, including Burlington Industries, Inc. (a manufacturer of textile products for apparel and interior furnishing products) and Cone Mills Corporation (a manufacturer of textile products, primarily denim, for apparel and interior furnishing products).

ITG’s strategy is to be the preeminent global supplier of solution-based, value-added performance products and services for the textile supply chain. Combined with capabilities in the U.S., Mexico and China, the Company’s facilities are a key part of the Company’s comprehensive global supply chain solution that is intended to allow the Company to seamlessly supply products and related services to customers worldwide. We believe geographically aligning with our customers is a critical component of our success.

The Company is organized and managed primarily according to product categories and manufacturing processes rather than by markets or end-use customers. The Company currently has four operating segments that are reported to the chief operating decision maker (“CODM”) and three reportable segments that are presented herein. The reporting of the Company’s operations to the CODM in four segments is consistent with how the Company is managed and how resources are allocated by the CODM.



   


Customers Net Income grew by ITXN's Customers Net Profit Margin grew to

11.13 %

5.72 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

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International Textile Group Inc's Segments
 
 
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  Company Estimates  
  Revenue Outlook
International Textile Group Inc does not provide revenue guidance.

Earnings Outlook
Leslie s Inc does not provide earnings estimates.

 
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