Cannon Mills

Cannon Mills Company
FormerlyCannon Manufacturing Company (1887–1921)
Company typePrivate (1888–1983)
IndustryTextile
Founded1887
FounderJames William Cannon
Defunct2003; 21 years ago (2003)
FateAcquired by Fieldcrest in 1983, becoming "Fieldcrest-Cannon Corporation", sold to Pillowtex in 1997
SuccessorFieldcrest-Cannon (1982–1997)
Pillowtex Corporation (1997–2003)
Headquarters,
Key people
Charles A. Cannon (President, 1921–62)
Donnell S Holt (President, 1962–64)
ProductsTowels, bed sheets

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.[1]

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.[2]

  1. ^ Kannopolis, the town that towels built by Mary Newson, 10 May 2016
  2. ^ Canon brand on Iconix Brands, 17 Aug 2020