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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.
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Its tradenames included Beacon Manufacturing, Bigelow-Sanford, Fieldcrest Cannon, Leshner Corp. and Wiscassett Mills. [3] Pillowtex was publicly traded on the New York Stock Exchange (NYSE) as PTX. [4] In September 1997, Pillowtex acquired the Fieldcrest-Cannon bedsheet company of Kannapolis, North Carolina for US$700 million in cash and stock ...
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