Cannon Mills
The Cannon Mills Company was an American textile manufacturing company based in Kannapolis, North Carolina, that mainly produced towels and bed sheets. Founded in 1887 by James William Cannon, by 1914 the company was the largest towel and sheets manufacturer in the world.
Main offices of the Cannon headquarters, shortly before demolition in July 2005 | |
| Formerly | Cannon Manufacturing Company (1887–1921) |
|---|---|
| Company type | Private (1888–1983) |
| Industry | Textile |
| Founded | 1887 |
| Founder | James William Cannon |
| Defunct | 2003 |
| Fate | Acquired by Fieldcrest in 1983, becoming "Fieldcrest-Cannon Corporation", sold to Pillowtex in 1997 |
| Successor | Fieldcrest-Cannon (1982–1997) Pillowtex Corporation (1997–2003) |
| Headquarters | , US |
Key people | Charles A. Cannon (President, 1921–62) Donnell S Holt (President, 1962–64) |
| Products | Towels, bed sheets |
Cannon remained family-owned until 1982 when it was sold to David H. Murdock. Murdock sold the company to Fieldcrest in 1985, becoming Fieldcrest-Cannon. The company was sold to Pillowtex Corporation in 1997, which entered bankruptcy in July 2003. The remaining Cannon brands were purchased by the Iconix Brand Group.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.