Burlington propped by Prudential cash

MONTICELLO, Ark. — Prudential Capital Partners LLC, the new owners of Burlington Rug Corp., recently invested more than $10 million of equity into the company, making "significant improvements to its financial stability," said Gary Brookshire, CEO.

Also, the company recently sold its broadloom carpet business to Mattel Industries. As part of the sale, theMonticelloFlooring sales and support staffs have been hired by Mattel."As we returned our focus to rugs, we have already seen significant improvements in our quality control and fill rates in recent weeks," said Roger Miller, vice president of operations. "We have also made substantial improvements in our production planning software and staffing as part of our commitment to exceed our customer's expectation in deliveries."In other company news, Jeff Seagle has returned to Burlington Rug Corp. after a brief stint with Mohawk Home working in its doormat division.His post, formerly marketing director, has been restructured to vice president of marketing.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • The Countdown to the ICON Honors Continues featuring Christophe Pourny

    Camera Icon More Videos


HTT digital edition

See the May 2017 issue of Home & Textiles Today. In this issue, we discuss our annual Market Basket survey, which finds higher prices and more polyester at leading retailers. See details!