Kannapolis: The Town a Billionaire Bought Twice
Published July 11, 2026
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Kannapolis: The Town a Billionaire Bought Twice On July 30, 2003, Pillowtex Corporation filed for bankruptcy — and by the end of that day, 4,340 people in Kannapolis, North Carolina had no job. It remains the largest single-day mass layoff in North Carolina history. But the collapse was only half the story. The CEO wh…
- Published
- July 11, 2026
- Made for kids
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