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Cannon Manufacturing Company. In 1887 James William Cannon founded the Cannon Manufacturing Company in Kannapolis, North Carolina. His goal was to produce a basic textile product instead of yarn making or a product in which another company could produce. His company produced towels that were sold under the brand name “Cannon Towels”.What is the history of the Cannon Mills Company?
The Cannon Mills Company was an American textile manufacturing company based in Kannapolis, North Carolina, that mainly produced towels and bed sheets. Founded in 1887 by James William Cannon, by 1914 the company was the largest towel and sheets manufacturer in the world. Who is the owner of the cannon company?
Founded in 1887 by James William Cannon, by 1914 the company was the largest towel and sheets manufacturer in the world.  Cannon remained family-owned until 1982 when it was sold to David H. Murdock.What happened to the Cannon brand?
The recently formed company was sold to Pillowtex Corporation in 1997, which went into bankruptcy in July 2003. The remaining Cannon brands were then purchased by the Iconix Brand Group. In 1887 James William Cannon founded the Cannon Manufacturing Company in Kannapolis, North Carolina.