SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934



       Date of Report (Date of earliest event reported): February 28, 2003


                           Burlington Industries, Inc.
                           (Exact Name of Registrant)

     Delaware                        1-10984                     56-1584586
     --------                        -------                     ----------
(State of Incorporation)     (Commission File Number)     (IRS Employer ID No.)

                            3300 West Friendly Avenue
                        Greensboro, North Carolina 27410
                    (Address of Principal Executive Offices)

                   Registrant's telephone number: 336-379-2000



<PAGE>


ITEM 5.  Other Events.

         On February 28, 2003, Burlington announced that Berkshire Hathaway Inc.
had terminated its February 11, 2003 agreement to acquire Burlington.  A copy of
the press release is attached.

ITEM 7.  Financial Statements and Exhibits.

         See attached exhibit index.



<PAGE>


                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.



                                  BURLINGTON INDUSTRIES, INC.



                                  By:        /s/ JOHN D. ENGLAR
                                     ---------------------------------------
                                        Name:  John D. Englar
                                        Title: Senior Vice President, Corporate
                                               Development and Law


Dated: March 3, 2003



<PAGE>


                                INDEX TO EXHIBITS



         Number           Exhibit
          99.1            Press release.



<PAGE>


                                                                    Exhibit 99.1

 Berkshire Hathaway Terminates Burlington Acquisition Agreement Following Ruling

                            Court Extends Exclusivity

GREENSBORO,  N.C., Feb. 28 /PRNewswire-FirstCall/ -- Burlington Industries, Inc.
(OTC Bulletin Board: BRLG - News) said today that Berkshire  Hathaway,  Inc. had
terminated  its February 11, 2003  agreement  to acquire  Burlington.  Under the
agreement,  Burlington creditors would have received distributions  estimated at
$579 million in cash.

Berkshire's  action  follows a ruling  yesterday  in a hearing  in  Burlington's
reorganization  case to  consider  procedures  to  solicit  alternatives  to the
Berkshire transaction. The Bankruptcy Court indicated it approved the procedures
generally,  but  disapproved  the  break-up  fee and  certain  other  conditions
required by Berkshire to proceed as a "stalking  horse" in the  alternative  bid
process.  While the secured bank lenders were in support, the Official Committee
of Unsecured Creditors opposed the granting of a break-up fee.

George W. Henderson III, Burlington's Chairman and CEO, said, "It is unfortunate
that the Berkshire  Hathaway  break-up fee was not accepted by the Court and the
offer has been  subsequently  withdrawn by  Berkshire.  It was a firm cash offer
that would have been a good  outcome  for the  company,  our  employees  and our
creditors.

"The fact  that  there is so much  interest  in the  company  is a credit to our
employees  that have  worked  so hard to get us to this  point.  The  bankruptcy
process is complex and consists of many steps."

Henderson  continued,  "We are  pleased  that the Court  extended  our period of
exclusivity as part of this hearing.  We are reviewing our alternatives in light
of these developments,  including a process to solicit new proposals.  We expect
to advise the Bankruptcy  Court of our thinking next week and intend to move the
process forward in a positive and expeditious manner."

Warren E. Buffett,  Chairman of Berkshire  Hathaway  commented,  "We're sorry to
have to terminate our offer.  We trust and admire the  Burlington  team and hope
the company can emerge  bankruptcy debt free.  Emergence from bankruptcy under a
debt-free  structure will provide the best chance for the long-term  survival of
Burlington  and allow the company to best  fulfill its  pension  obligations  to
employees."

With   operations  in  the  United  States,   Mexico  and  India  and  a  global
manufacturing  and product  development  network based in Hong Kong,  Burlington
Industries is one of the world's most diversified marketers and manufacturers of
softgoods for apparel and interior furnishings.

This press  release  contains  statements  that are  forward-looking  statements
within the meaning of applicable  federal securities laws and are based upon the
company's current expectations and assumptions, which are subject to a number of
risks and  uncertainties  that could cause actual  results to differ  materially
from  those  anticipated.  Such risks and  uncertainties  include,  among  other
things,  global economic activity and the implications  thereon of the attack on
September 11 and the U.S.  government's  response thereto and the possibility of
armed conflict with Iraq, the success of the company's overall business strategy
including successful  implementation of the company's restructuring plan and the
company's  development of a global  sourcing  structure,  the demand for textile
products,  the cost and  availability  of raw materials and labor,  governmental
legislation and regulatory changes,  and the long-term  implications of regional
trade blocs and the effect of quota phase- out and lowering of tariffs under the
WTO trade regime, the impact that the company's Chapter 11 proceeding has had or
may  have on the  company's  relationships  with  its  principal  customers  and
suppliers,  the  nature  of the  capital  structure  which  is  approved  in the
company's plan of  reorganization  and the company's  ongoing ability to finance
its operations and restructuring activities, the cost of future capital sources,
and the  exposure to interest  rate and  currency  fluctuations,  the  company's
ability to utilize tax loss  carryforwards and retain tax refunds received or to
be received,  and other  factors  identified  in  Burlington's  filings with the
Securities and Exchange Commission.
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{"company-data": {"conformed-name": "BURLINGTON INDUSTRIES INC /DE/", "cik": "0000870213", "assigned-sic": "3211", "irs-number": "561584586", "state-of-incorporation": "DE", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-10984", "film-number": "03588445"}, "business-address": {"street1": "3330 WEST FRIENDLY AVE", "city": "GREENSBORO", "state": "NC", "zip": "27410", "phone": "3363792000"}, "mail-address": {"street1": "3330 WEST FRIENDLY AVE", "city": "GREENSBORO", "state": "NC", "zip": "27410"}, "former-company": {"former-conformed-name": "BURLINGTON INDUSTRIES EQUITY INC", "date-changed": "19930328"}}
SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

       Date of Report (Date of earliest event reported): February 28, 2003

                           Burlington Industries, Inc.
                           (Exact Name of Registrant)

     Delaware                        1-10984                     56-1584586
     --------                        -------                     ----------
(State of Incorporation)     (Commission File Number)     (IRS Employer ID No.)

                            3300 West Friendly Avenue
                        Greensboro, North Carolina 27410
                    (Address of Principal Executive Offices)

                   Registrant's telephone number: 336-379-2000
ITEM 5.  Other Events.

         On February 28, 2003, Burlington announced that Berkshire Hathaway Inc.
had terminated its February 11, 2003 agreement to acquire Burlington.  A copy of
the press release is attached.

ITEM 7.  Financial Statements and Exhibits.

         See attached exhibit index.
SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.

                                  BURLINGTON INDUSTRIES, INC.

                                  By:        /s/ JOHN D. ENGLAR
                                     ---------------------------------------
                                        Name:  John D. Englar
                                        Title: Senior Vice President, Corporate
                                               Development and Law

Dated: March 3, 2003
INDEX TO EXHIBITS

         Number           Exhibit
          99.1            Press release.
Exhibit 99.1

 Berkshire Hathaway Terminates Burlington Acquisition Agreement Following Ruling

                            Court Extends Exclusivity

GREENSBORO,  N.C., Feb. 28 /PRNewswire-FirstCall/ -- Burlington Industries, Inc.
(OTC Bulletin Board: BRLG - News) said today that Berkshire  Hathaway,  Inc. had
terminated  its February 11, 2003  agreement  to acquire  Burlington.  Under the
agreement,  Burlington creditors would have received distributions  estimated at
$579 million in cash.

Berkshire's  action  follows a ruling  yesterday  in a hearing  in  Burlington's
reorganization  case to  consider  procedures  to  solicit  alternatives  to the
Berkshire transaction. The Bankruptcy Court indicated it approved the procedures
generally,  but  disapproved  the  break-up  fee and  certain  other  conditions
required by Berkshire to proceed as a "stalking  horse" in the  alternative  bid
process.  While the secured bank lenders were in support, the Official Committee
of Unsecured Creditors opposed the granting of a break-up fee.

George W. Henderson III, Burlington's Chairman and CEO, said, "It is unfortunate
that the Berkshire  Hathaway  break-up fee was not accepted by the Court and the
offer has been  subsequently  withdrawn by  Berkshire.  It was a firm cash offer
that would have been a good  outcome  for the  company,  our  employees  and our
creditors.

"The fact  that  there is so much  interest  in the  company  is a credit to our
employees  that have  worked  so hard to get us to this  point.  The  bankruptcy
process is complex and consists of many steps."

Henderson  continued,  "We are  pleased  that the Court  extended  our period of
exclusivity as part of this hearing.  We are reviewing our alternatives in light
of these developments,  including a process to solicit new proposals.  We expect
to advise the Bankruptcy  Court of our thinking next week and intend to move the
process forward in a positive and expeditious manner."

Warren E. Buffett,  Chairman of Berkshire  Hathaway  commented,  "We're sorry to
have to terminate our offer.  We trust and admire the  Burlington  team and hope
the company can emerge  bankruptcy debt free.  Emergence from bankruptcy under a
debt-free  structure will provide the best chance for the long-term  survival of
Burlington  and allow the company to best  fulfill its  pension  obligations  to
employees."

With   operations  in  the  United  States,   Mexico  and  India  and  a  global
manufacturing  and product  development  network based in Hong Kong,  Burlington
Industries is one of the world's most diversified marketers and manufacturers of
softgoods for apparel and interior furnishings.

This press  release  contains  statements  that are  forward-looking  statements
within the meaning of applicable  federal securities laws and are based upon the
company's current expectations and assumptions, which are subject to a number of
risks and  uncertainties  that could cause actual  results to differ  materially
from  those  anticipated.  Such risks and  uncertainties  include,  among  other
things,  global economic activity and the implications  thereon of the attack on
September 11 and the U.S.  government's  response thereto and the possibility of
armed conflict with Iraq, the success of the company's overall business strategy
including successful  implementation of the company's restructuring plan and the
company's  development of a global  sourcing  structure,  the demand for textile
products,  the cost and  availability  of raw materials and labor,  governmental
legislation and regulatory changes,  and the long-term  implications of regional
trade blocs and the effect of quota phase- out and lowering of tariffs under the
WTO trade regime, the impact that the company's Chapter 11 proceeding has had or
may  have on the  company's  relationships  with  its  principal  customers  and
suppliers,  the  nature  of the  capital  structure  which  is  approved  in the
company's plan of  reorganization  and the company's  ongoing ability to finance
its operations and restructuring activities, the cost of future capital sources,
and the  exposure to interest  rate and  currency  fluctuations,  the  company's
ability to utilize tax loss  carryforwards and retain tax refunds received or to
be received,  and other  factors  identified  in  Burlington's  filings with the
Securities and Exchange Commission.