TITLE

P'tex gets more time to find cash or buyer

AUTHOR(S)
Hogsett, Don
PUB. DATE
July 2003
SOURCE
Home Textiles Today;7/7/2003, Vol. 24 Issue 42, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the deal between the textile producer Pillowtex Corp. and bank lenders in North Carolina. Deadline of the agreement; Terms of the deal; Financial issues faced by the company.
ACCESSION #
10208476

 

Related Articles

  • Pillowtex reviews leaves possible deals in doubt. Hogsett, Don // Home Textiles Today;5/19/2003, Vol. 24 Issue 36, p1 

    Reports on the complication in the deal between the textile firms Pillowtex Corp. and Spring Industries Inc. in the U.S. Uncertainty in the proposed buyout; Review of the company's financial results; Net loss of the company.

  • Pillowtex upgrades FC Division. McCurry, John W. // Textile World;Oct98, Vol. 148 Issue 10, p77 

    Discusses Pillowtex Corp.'s upgrading of its FieldCrest Cannon (FC) division. Initial challenges of folding FC in the Pillowtex organization; Cost containment and capital spending to improve plant efficiencies; Pillowtex's pursuit of acquisitions as the primary method of growth; Effects of...

  • Pillowtex wins still more time.  // Home Textiles Today;7/21/2003, Vol. 24 Issue 44, p1 

    Reports on the additional time given to the textile firm Pillowtex Corp. to pay for debts in the U.S.

  • The next chapter. Marks, Jennifer // Home Textiles Today;8/11/2003, Vol. 24 Issue 46, p12 

    Comments on the liquidation of the textile firm Pillowtex Corp. in New York. Changes in the home textiles industry; Impact of the collapse of Pillowtex on the industry; Benefits of overseas mills for the industry.

  • Issues decided, will P'tex bidders line up? Felgner, Brent // Home Textiles Today;9/1/2003, Vol. 25 Issue 1, p1 

    Reports on the extension of the timetable for the auction of Pillowtex Corp.'s textile business. Estimates of the total value of the firm's liquidated assets; Agreement by a bankruptcy court judge to ratify a negotiated settlement between the company and its creditors.

  • Companies 'raid' P'tex workers.  // Home Textiles Today;9/19/2003, Vol. 25 Issue 4, p34 

    Focuses on the bankruptcy of textile company Pillowtex Corp. in Delaware. Reduction of bonus payments to Pillowtex employees; Terms of the bankruptcy; Impact of bankruptcy for the financial status of employees.

  • Taking the place of P'tex. SanFilippo, Michele // Home Textiles Today;9/8/2003, Vol. 25 Issue 2, p1 

    Reports on the impact of the demise of Pillowtex Corp. on the textile industry in the U.S. Benefits of the demise for the solid-color sheets suppliers; Gap created by the company due its closure; Date for the auction of the company.

  • Retailers are suddenly just a bit nicer.  // Home Textiles Today;8/11/2003, Vol. 24 Issue 46, p11 

    Reports on the liquidation of the textile manufacturer Pillowtex Corp. in the U.S. Increase in the attention span among retailers; Void left by Pillowtex in the marketplace; Impact of the liquidation on the textile industry.

  • Textiles take pounding in July.  // Home Textiles Today;8/11/2003, Vol. 24 Issue 46, p14 

    Reports on the unemployment rate in the textile industry in the U.S. Migration of textile production offshore; Number of jobs lost due to the liquidation of Pillowtex Corp.; Total jobs lost in the apparel industry.

Share

Read the Article

Courtesy of NEW JERSEY STATE LIBRARY

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics