TITLE

The best laid plans

AUTHOR(S)
Marks, Jennifer
PUB. DATE
May 2003
SOURCE
Home Textiles Today;5/12/2003, Vol. 24 Issue 35, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Comments on the implications of the pending acquisition of Pillowtex Corp. by Springs Industries Inc. for the home textiles industry in the U.S. Efforts of the Union of Needletrades, Industrial and Textile Employees to block the possible merger of the two companies; Interest of the trade union in bidding for Pillowtex's purchase; Benefits of the acquisition for Springs Industries Inc.
ACCESSION #
9753042

 

Related Articles

  • Union moves to scuttle P'tex deal. Hogsett, Don // Home Textiles Today;5/12/2003, Vol. 24 Issue 35, p1 

    Reports on efforts of a textile worker's union to block the much-discussed sale of Pillowtex Corp. to Springs Industries Inc,, a move that would likely trigger the shutdown of Pillowtex's Kannapolis, North Carolina manufacturing complex. Anticipation of a loss of more jobs and the absorption of...

  • Politics may succeed where Stockman didn't. Hogsett, Don // Home Textiles Today;5/12/2003, Vol. 24 Issue 35, p6 

    Reports that a textile worker's union is threatening to block a deal that would create a textiles industry powerhouse in the U.S. Efforts of members of the textile worker's union to stop Springs Industries Inc.'s pending buyout of Pillowtex Corp.; Plan of union president Bruce Raynor to...

  • A powerhouse deal that may never see day.  // Home Textiles Today;5/12/2003, Vol. 24 Issue 35, p1 

    Reports on the implications of the possible merger between home textiles companies Springs Industries Inc. and Pillowtex Corp. in the U.S. Company background; Benefits of the merger for both companies; Home fashion sales forecast of Springs.

  • Pillowtex girds for lively auction. Felgner, Brent // Home Textiles Today;9/29/2003, Vol. 25 Issue 5, p2 

    Reports on the auction for the home textile retailer Pillowtex Corp. in New York City. Interest of the Springs Industries Inc. on the firm; Total number of possible bidders; Date of the auction.

  • Sale OK'd, the waiting begins. Felgner, Brent // Home Textiles Today;10/13/2003, Vol. 25 Issue 7, p1 

    Reports on the acquisition of the textile firm Pillowtex Corp. by GGST LLC in Delaware. Brands of Pillowtex; Total value of the assets of Pillowtex; Approval of the winning bid by the bankruptcy court.

  • Owen looking to spring(s) ahead.  // Home Textiles Today;5/12/2003, Vol. 24 Issue 35, p6 

    Reports that Springs Industries Inc. has completed its buyout of blanket producer Charles D. Owen Manufacturing Co. in the U.S. Financial results of Charles D. Owen Manufacturing Co.; Management of the merged company; Plan of Springs to cut preliminary deals to acquire two other home fashions...

  • Springs Will Not Abandon U.S.  // Home Textiles Today;10/31/2005, Vol. 27 Issue 8, p1 

    Reports on the merger of Springs Industries with Brazilian manufacturer Coteminas. Creation of Springs Global; Projected global sales of Springs Global; Plans to establish Springs Global's headquarters in Brazil; Springs' plan to continue its manufacturing operations in the United States.

  • Category Leaders Shift as Giants Drift. Mammarella, James // Home Textiles Today;1/7/2008, Vol. 29 Issue 1, p1 

    The article discusses the impact of the 2007 strategic repositioning of home textiles companies Springs Global and WestPoint Home on the sales volume rankings of the "Home Textile Today" Top 5 Supplier Giants. Both companies had large sales volume throughout 2007 as relatively new ownerships...

  • Pillowtex done in by aggressive growth. Hogsett, Don // Home Textiles Today;11/20/2000, Vol. 22 Issue 12, p23 

    Cites the factors behind the decline in the performance of Pillowtex. Acquisition of companies since the 1970s; Attempt in 1993 to venture into the blanket business; Acquisition of Beacon Mfg. in 1995; Decline in value of the company.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

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

Try another library?
Sign out of this library

Other Topics