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Article: Burlington Industries Inc.(to close Cuernavaca, Mexico plant)(Brief Article)(Statistical Data Included)
- Article from:
- Business North Carolina
- Article date:
- November 1, 2000
CopyrightCOPYRIGHT 2000 Business North Carolina. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In announcing plans to slash 1,600 jobs -- nearly 9% of its work force -- Burlington Industries Inc. raises a caution flag to two other tattered Greensboro-based textile companies opening low-wage factories in Mexico. Burlington is closing its unprofitable cut-and-sew factory in Cuernavaca. Expenses got out of control partly because employees frequently quit, running up costs for training replacements. Guilford Mills Inc. and Galey ...
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Article: Burlington weighing offer of $67 a share by Edelman. ...
Daily News Record;
May 8, 1987 ;
700+ words
... ... Share By Edelman NEW YORK (FNS) -- Burlington Industries said Wednesday that the $67-a ... 637,400 shares traded. Several Wall Street observers said that the market may ... it has placed the debt ratings of Burlington Industries, Inc., and Burlington Overseas ...
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