WL Ross & Co. LLC is/was an owner of Cone Mills

Start Date 2004-00-00
Notes 2004: Ross combines bankrupt Burlington Industries and Cone Mills, the leading supplier of Levi Strauss denim since the 19th century, to create International Textile Group. Ross benefits from a favorable tariff deal, this time for freer trade. As reported in a 2005 FORBES article, Ross lobbied for what became the Central American Free Trade Agreement, which cut 16 cents out of every dollar of apparel and textiles sent to the U.S.
Updated over 5 years ago

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