Pillowtex Corporation

Pillowtex Corporation
Industry Textile
Fate bankrupt, sold
Successor Iconix Brand Group
Founded 1954
Defunct 2003
Headquarters Dallas, Texas, Kannapolis, North Carolina
Key people
 David H. Murdock
Products Bedding: pillows, towels, bed sheets, etc.
Number of employees
 14,000
Parent Amoskeag Company
Subsidiaries Cannon Mills Company, Fieldcrest Cannon, Beacon Blankets

Pillowtex was a United States textile manufacturing company from 1954 to 2003. Pillowtex was originally a pillow, mattress pad and down or synthetic comforter maker. They bought Fieldcrest who made products by the brands Cannon, Royal Velvet, Fieldcrest, Charisma, and others. Its brands were purchased by Iconix Brand Group in 2007.[1] It was publicly traded on NYSE as PTX.[2] It ended its operations in 2003 when it filed for bankruptcy.

The Pillowtex brand was bought by Pacific Pillows in 2009 and memory and latex foam pillows are now sold under the Pillowtex name.[3]

See also

References

  1. ↑ http://www.reuters.com/article/governmentFilingsNews/idUSN0130531720071001
  2. ↑ http://www.fool.com/dtrouble/1999/dtrouble990730.htm
  3. ↑ http://www.pacificpillows.com/pillowtex.html


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