Founded in 1898 Wm. T. Burnett was established in Baltimore as a trading company for cotton linters. It evolved into a manufacturer of cotton batting and felt for the furniture and bedding industries, and quickly earned a reputation for quality, dealing in high-end India cotton. During WWII, the company was a designated government supplier of kapok, an important material used in life preservers.
In 1964, synthetic fiber was introduced to the Statesville plant, which had previously only converted cotton. Starting in 1965, polyester was used to form filling batt.
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