Pillowtex Corporation

Pillowtex Corporation
Company typePrivate
NYSE: PTX[1]
IndustryTextile
Founded1954; 70 years ago (1954)
Defunct2003 (2003)
FateBankruptcy, assets liquidated
SuccessorIconix Brand Group
HeadquartersDallas, Texas, Kannapolis, North Carolina
Key people
David H. Murdock
ProductsBedding products (pillows, towels, bed sheets, mattress protectors)
BrandsCannon
Charisma
Fieldcrest
Royal Velvet
Number of employees
14,000
ParentAmoskeag Company
SubsidiariesFieldcrest Cannon
Beacon Blankets

Pillowtex Corporation was a United States textile manufacturing company from 1954 to 2003. Beginning as a pillow manufacturer, the company diversified and manufactured bedsheets under various brand names. The company was officially declared bankrupt on October 7, 2003. The company liquidated over the following nine years, including machinery and brands.

  1. ^ "Company Information". sec.gov. February 17, 1998.