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Last $0.08 USD
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ITXN On Other Exchanges
As of 8:10 PM 09/30/15 All times are local (Market data is delayed by at least 15 minutes).

international textile group (ITXN) Snapshot

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52 Week High
10/13/14 - $0.29
52 Week Low
04/30/15 - $0.03
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Average Volume 10 Days
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international textile group (ITXN) Details

International Textile Group, Inc. operates as a diversified textile manufacturing company. The company’s Bottom-Weight Woven Fabrics segment offers apparel fabrics, including denim under the Cone Denim brand for jeans wear market; synthetic and worsted fabrics under the Burlington WorldWide and Raeford Uniform brands for use in the production of men’s and women’s apparel, performance active wear, and uniform career apparel, as well as for the military dress uniform business; and cotton fabrics. This segment also produces technical and value added fabrics used in various niche industrial and commercial applications, such as engineered materials used in fire service apparel, ballistics materials, filtration, military fabrics, and outdoor awnings and covers; and automotive airbag fabrics, which are components of airbag modules, as well as exports airbag fabric to Europe. Its Commission Finishing segment manufactures and sells fabrics for battle dress uniforms primarily to the United States government and government contractors; and military prints for the United States government, as well as for other governments and commercial interests. This segment also provides textile dyeing, printing, and finishing services for decorative fabrics and specialty prints. The company also provides transportation services. The company markets and sells its products to customer base in the bottom-weight woven fabric, government uniform fabric, decorative fabric, automotive safety, and specialty fabric and services markets primarily in the United States, Mexico, and China. International Textile Group, Inc. was founded in 2004 and is headquartered in Greensboro, North Carolina.

4,650 Employees
Last Reported Date: 03/25/15
Founded in 2004

international textile group (ITXN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $952.7K
Principal Financial Officer and Executive Vic...
Total Annual Compensation: $435.0K
President of Burlington Worldwide Group
Total Annual Compensation: $500.0K
Compensation as of Fiscal Year 2014.

international textile group (ITXN) Key Developments

International Textile Group, Inc. Announces Resignation of Harvey L. Tepner as Member of the Board of Directors

International Textile Group, Inc. announced that effective as of August 31, 2015, Harvey L. Tepner, a member of the board of directors of International Textile Group, Inc. since 2012, tendered his resignation from such position.

International Textile Group Announces Board Changes

On June 17, 2015, David L. Wax, a member of the board of directors of International Textile Group, Inc. since 2006, tendered his resignation from such position. The board has appointed Su Yeo, a principal at W.L. Ross & Co. LLC, affiliates of which hold a substantial majority of the company's stock, as a member of the Board, including as a member of the Audit Committee to replace Mr. Wax. Ms. Yeo is an experienced and versatile financial services executive with over 18 years experience in principal investing, debt restructuring and investment banking roles.

International Textile Group, Inc. Announces Board Changes, Effective April 1, 2015

On March 18, 2015, Stephen W. Bosworth, a director since 2006 and Chair of the Compensation Committee and Dr. Daniel D. Tessoni, a director since 2005 and Chair of the Audit Committee of the board of directors of International Textile Group, Inc., tendered their resignations from respective positions effective April 1, 2015. John W. Gildea, a director of the Company, will become Chair of the Compensation Committee effective April 1, 2015. William P. Carmichael, a director of the Company, will become Chair of the Audit Committee of the Company's board of directors effective April 1, 2015.


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