Pillowtex Corporation

Pillowtex Corporation
Company typePrivate
NYSE: PTX
IndustryTextile
Founded1954 (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)
Brands
  • Cannon
  • Charisma
  • Fieldcrest
  • Royal Velvet
Number of employees
14,000
ParentAmoskeag Company
Subsidiaries

Pillowtex Corporation was an American 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.