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Burlington To Sell Decorative Mats Business To Ronile

Burlington To SellDecorative Mats Business To RonileBurlington Industries Inc., Greensboro, N.C., has signed a definitive agreement to sell its decorative mats business to Ronile Inc., Rocky Mount, Va. The mats, marketed under the Bacova® name, are manufactured in Low Moor and Bath County, Va.Ronile will operate the company under the current name, Bacova Guild Ltd., and will continue to sell products under the Bacova brand name.Burlington Chairman and CEO, George W. Henderson, said, The sale of this operation completes the divestiture of the Burlington House Floor Accents Division. This action is in line with our initiatives to reduce debt and focus our resources on our core businesses. August 2001




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