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Home > Company Index > Consumer Products-Durables  > Home Furnishings > Pillowtex Corporation

Pillowtex Corporation
OTC: PTEXQ
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 PROFILE
In the stack of home textile manufacturers, Pillowtex is #3, behind #1 Springs Industries and #2 WestPoint Stevens. It is the top US producer of towels, blankets, pillows, and down comforters, and makes other bed, bath, and kitchen textiles and accessories. Pillowtex makes the Fieldcrest, Cannon, and Royal Velvet brands, as well as private and licensed labels. Pillowtex supplies retailers and the institutional markets in North America, including department stores, mass merchants, wholesale clubs, and catalogs. Former CEO Charles Hansen owns about 18% of the company's stock, while Mary Silverthorne, widow of the founder, owns about 20%. Pillowtex filed for Chapter 11 bankruptcy protection in 2000.

 COMPETITION
Dan River Inc. (DRF)
Springs Industries, Inc. (SMI)
WestPoint Stevens Inc. (WXS)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,349.60
1-Yr. Sales Growth: (13.0)%
Employees: 12,500
Revenue per employee: $107,968.00

 KEY PEOPLE
• Ralph LaRovere
    CEO
• Anthony T. Williams
    CFO

 CONTACT INFO
4111 Mint Way
Dallas, TX 75237
US
Phone: 214-333-3225
Fax: 214-330-6016
Online: Web Site

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