INTERNATIONAL TEXTILE GROUP INC - FORM 10-K - EX-21.1 - EXHIBIT 21.1 - March 25, 2015

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EX-23.1 - EXHIBIT 23.1 - INTERNATIONAL TEXTILE GROUP INCex23-1.htm
EX-31.2 - EXHIBIT 31.2 - INTERNATIONAL TEXTILE GROUP INCex31-2.htm
EX-10.24 - EXHIBIT 10.24 - INTERNATIONAL TEXTILE GROUP INCex10-24.htm
EX-10.10 - EXHIBIT 10.10 - INTERNATIONAL TEXTILE GROUP INCex10-10.htm
EX-32.2 - EXHIBIT 32.2 - INTERNATIONAL TEXTILE GROUP INCex32-2.htm
EX-31.1 - EXHIBIT 31.1 - INTERNATIONAL TEXTILE GROUP INCex31-1.htm
EX-32.1 - EXHIBIT 32.1 - INTERNATIONAL TEXTILE GROUP INCex32-1.htm
EX-10.47 - EXHIBIT 10.47 - INTERNATIONAL TEXTILE GROUP INCex10-47.htm
EX-10.25 - EXHIBIT 10.25 - INTERNATIONAL TEXTILE GROUP INCex10-25.htm
EX-10.18 - EXHIBIT 10.18 - INTERNATIONAL TEXTILE GROUP INCex10-18.htm
10-K - FORM 10-K - INTERNATIONAL TEXTILE GROUP INCitxn20141231_10k.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, 2014.

 

Name

 

State or
Jurisdiction of
Incorporation or
Organization

 

 

Percentage of
Voting Power
Represented by
Securities Owned
by the Company on
December 31, 2014

 

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%

 

Cone Denim (Asia) 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%

 

Cone International Holdings, Inc.

 

   Delaware

 

 

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%

 

 

(1)

ITG indirectly owns 60% of ITG-Phong Phu Ltd., Co. 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 this entity. The operations of ITG-Phong Phu Ltd., Co. were deconsolidated as of May 25, 2012 as a result of the enforcement agreement described elsewhere in the Annual Report on Form 10-K of which this exhibit forms a part.

(2)

Burlington Morelos, S.A. de C.V. is 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.

 

INTERNATIONAL TEXTILE GROUP INC Reports