Word: pillowtex
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...owned spinning plants in Kings Mountain and hundreds of textile mills across the Carolinas, employing hundreds of thousands of people. You know how that story went. Patrick Yarns is the only family-owned spinning plant still standing in the small mill town, and billion-dollar corporations like Springs and Pillowtex have either moved their manufacturing overseas or vanished. The bigger picture is even worse. According to the U.S. Labor Department, the country lost more than 4 million manufacturing jobs from 2000 to 2008, a number that is likely to rise when the damage from this recession is counted...
...vision of David Murdock, the billionaire owner of Dole Food Company and Castle & Cooke. Estimates are that eventually the campus will create 5,500 biotech jobs locally and 37,000 related jobs across the region. More than symbolic, the NCRC stands on the grounds of a former textile mill, Pillowtex, which closed in 2003 with a loss of nearly 5,000 jobs...
...ones it helped doom: American labels that were slow to export manufacturing overseas. Last year it acquired the license to sell Royal Velvet, a home-textiles brand that went bust in '03. "We wanted a company that knew how to source overseas," says Rick Platt, managing director of Official Pillowtex LLC, which bought the bankrupt firm...
...produce carpets with the Andy Warhol Foundation, using the artist's designs. Farida Khamis says the company aims to become a market leader in a new product line: home textiles. It has inked deals to make sheets and towels for such brands as Cannon and Fieldcrest (whose parent, Pillowtex, closed its U.S. mill in 2003). "We have not reached our maturity," she explains. "We want to become even more global, penetrating markets we did not sell to before...
...wool craftspeople, outfitting legions of Americans since 1863 with signature products like plaid lumberjack shirts and brightly colored blankets. And that isn't likely to change, despite stiff competition from China, where textile quotas are about to be lifted. Although Levi's 501s, Fruit of the Loom briefs and Pillowtex pillows are no longer "Made in America," this Pacific Northwest apparel maker has found a way to continue weaving woolens here at home. Knowing it can't compete against overseas firms on low cost or mass scale, the private company has kept a foothold in the U.S. by producing limited...
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