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City of Kannapolis history
City of Kannapolis company history timeline
In 1906 J.W. Cannon purchased the land that later became Kannapolis, and acquired a total of 1008 acres in Cabarrus and Rowan Counties.
Cannon Manufacturing began production in 1908.
In 1914 Cannon Manufacturing became known as the world’s largest producer of sheets and towels.
Mill founder J.W. Cannon’s youngest son, Charles A. Cannon, consolidated all the separate mills into the giant Cannon Mills Company in 1928.
Vernon, built in 1943 and named after its likeness to George Washington’s home in Virginia.
Cannon Mills was purchased by Pacific Holding Company and David H. Murdock in 1982.
Cannon Mills was sold to Fieldcrest Mills of Eden, NC in 1986.
In 1997, Fieldcrest Cannon was sold to Pillowtex Corporation.
Pillowtex filed for bankruptcy protection in 2000.
But the economic downturn of 2008 put a damper on the balance of the development.
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City of Kannapolis competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| City of Grand Ledge | 1871 | $3.4M | 25 | - |
| Centre for the Arts | - | $5.7M | 94 | 5 |
| Town of Harrisburg | 1973 | $3.3M | 25 | - |
| City of Odessa | 1878 | $1.6M | 30 | 62 |
| City of Thomasville - GA | 1825 | $6.5M | 127 | 27 |
| City of Midland | - | $1.4M | 14 | 40 |
| Village of Bourbonnais | - | $7.2M | 125 | - |
| City of Salisbury | - | - | 420 | - |
| Idaho Falls Regional Airport | 1864 | $8.5M | 750 | 8 |
| Welcome to City of Whiteville | - | $840,000 | 7 | - |
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