Record #:

3062

Author(s):

Scheer, Lisa

Abstract:

Fieldcrest Cannon, Inc., headquartered in Kannapolis, lost over $20 million in 1995, through low retail sales and rising cotton prices. The company looks to restructuring, operating cost cuts, and factory upgrades to remedy this.

Source:

Business North Carolina (NoCar HF 5001 B8x), Vol. 16 Issue 8, Aug 1996, p30-31,33-34,36-38, il

Subject(s):

Textile industry; Fieldcrest Cannon, Inc. (Kannapolis)