Yanoor Corp. PurchasesBurlington’s Monticello PlantBurlington Industries Inc., Greensboro, N.C.,
has sold its tufted bath and area rug business located in Monticello, Ark., to the Toronto-based
Yanoor Corp., a holding company owned by Saeid Korhani. The new business will operate under the
name Burlington Rug Corp.Ralph Grogan, president, Burlington House Floor Accents, said, We are very
pleased that this facility will continue as an ongoing operation both serving the marketplace and
providing employment for our associates. Burlington has a long history in Monticello.Burlington had
announced in October 2000 that it would exit the tufted area-rug portion of its Burlington House
Floor Accents business.
April 2001
