Tietex Interiors Sale To BMS Reunites Two Former Burlington Operations
Burlington Manufacturing Services Inc. (BMS), Burlington, N.C., has acquired Spartanburg-based
Tietex International Ltd.'s (TI's) Tietex Interiors division in a move that will create a vertical
interiors fabric supplier from raw material to finished fabric, and which also will be able
to address current domestic market needs for flexibility and small-lot production. The move also
reunites two operations that were formerly part of Burlington Industries Inc., which now is part of
Greensboro, N.C.-based International Textile Group Inc. (ITG).
The acquisition includes Tietex Interiors' intellectual property including all residential and certain contract woven fabric patterns and associated inventory, as well as the Williamsburg plant and capital equipment in Matkins, N.C., which Tietex Interiors - itself a former division of Burlington that was acquired by TI in 2002 - acquired from ITG in 2005.
BMS, whose operations include yarn and warp preparation, was formed in 2007 when its CEO, former Burlington executive Robert Sills, acquired the manufacturing operation he had been heading at ITG's Pioneer Plant, which had been established in 1923 as Burlington's first manufacturing plant. BMS also has been a supplier to Tietex Interiors over the last few years.
"By being vertical, from raw materials to finished goods, we offer a reliable and secure supply chain that is refreshing news on the domestic front," Sills said. "We are now in a position to answer the need for short runs and reduced lead times, and to help take the pressure off the inventory and cost restraints facing today's fabric customers."
TI will continue to serve contract panel and task seating product markets by supplying its proprietary micro-stitching technology, and also will continue serving woven wall covering markets and retain certain woven contract patterns.
March 3, 2009