EX-21.1 5 ex21-1.htm EXHIBIT 21.1 ex21-1.htm
  Exhibit 21.1
SUBSIDIARIES
 
Set forth below is a list of subsidiaries of International Textile Group, Inc. (“ITG”) and, as to each person named, the percentage of voting securities owned, or other bases of control, by its immediate parent as of December 31, 2012.
 
Name
 State or
Jurisdiction of
Incorporation
Organization
 
Percentage of
Voting Power
Represented by
Securities Owned
by the Company on
December 31, 2012
Valentec Wells, LLC
 
Delaware
   
100%
Safety Components Fabric Technologies, Inc.
 
Delaware
   
100%
International Textile Group Acquisition Group LLC
 
Delaware
   
100%
Carlisle Finishing LLC
 
Delaware
   
100%
Cone Jacquards LLC
 
Delaware
   
100%
ITG (Barbados) SRL
 
Barbados
   
100%
Cone Denim Jiaxing Limited
 
China
   
100%
Jiaxing Burlington Textile Company Limited
 
China
   
100%
ITG-Phong Phu Ltd., Co.
 
Vietnam
   
(1)
Burlington Industries LLC
 
Delaware
   
100%
Burlington Industries V, LLC
 
North Carolina
   
100%
Apparel Fabrics Properties, Inc.
 
Delaware
   
100%
Burlington Worldwide Inc.
 
Delaware
   
100%
Burlington Worldwide Limited
 
Hong Kong
   
100%
Cone Denim LLC
 
Delaware
   
100%
Cone Administrative and Sales LLC
 
Delaware
   
100%
Cone Denim White Oak LLC
 
Delaware
   
100%
WLR Cone Mills IP, Inc.
 
Delaware
   
100%
Cone Acquisition LLC
 
Delaware
   
100%
Narricot Industries LLC
 
Delaware
   
100%
Cone International Holdings, Inc.
 
Delaware
   
100%
Cone Denim De Nicaragua, S.A.
 
Nicaragua
   
100%
Cone International Holdings II, Inc.
 
Delaware
   
100%
Burlington Morelos, S.A. de C.V.
 
Mexico
   
(2)
Burlington Yecapixtla, S.A. de C.V.
 
Mexico
   
100%
Cone Denim Yecapixtla, S.A. de C.V.
 
Mexico
   
100%
Casimires Burlmex, S.A. de C.V.
 
Mexico
   
100%
Servicios Burlmex, S.A. de C.V.
 
Mexico
   
100%
Parras Cone de Mexico, S.A. de C.V.
 
Mexico
   
100%
Manufacturas Parras Cone, S.A. de C.V.
 
Mexico
   
100%
Summit Yarns, LLC
 
North Carolina
   
(3)
Summit Yarn Holding I, Inc.
 
Delaware
   
(3)
Summit Yarn Holding II, Inc.
 
Delaware
   
(3)
Grupo Burlpark, S.A. de C.V.
 
Mexico
   
(3)
Servicios Burlpark, S.A. de C.V
 
Mexico
   
(3)
Commercializadora Burlpark, S.A. de C.V.
 
Mexico
   
(3)
Hilos de Yecapixtla, S.A. de C.V.
 
Mexico
   
(3)
Immobiliaria Burlpark, S.A. de C.V.
 
Mexico
   
(3)
 
(1)
ITG indirectly owns 60% of this entity. The remaining 40% is owned by Phong Phu Corporation. The joint venture agreement between these parties contains certain restrictions on the transfer of the stock of the joint venture. The operations of ITG-Phong Phu Ltd., Co. have been deconsolidated as of May 25, 2012 as a result of the Enforcement Agreement described elsewhere herein.
(2)
65.97% owned by Cone International Holdings, Inc., 33.83% owned by Cone Denim LLC, 0.10% owned by Cone International Holdings II, Inc., and 0.10% owned by Cone Acquisition LLC
(3)
ITG indirectly owns 50% of the capital stock of these entities.