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Article: Make it by themselves: bucking trends, manufacturers manage to hold their own in this year's ranking of closely held companies.(North Carolina 100)
- Article from:
- Business North Carolina
- Article date:
- October 1, 2004
- Author:
CopyrightCOPYRIGHT 2004 Business North Carolina. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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No one would say 2003 was a great year for North Carolina manufacturers--particularly in textiles and furniture. In July 2003, Kannapolis-based textile giant Pillowtex folded, putting 3,300 out of work in the state's largest mass layoff ever.
But you couldn't tell that manufacturing was suffering by looking at the top of the North Carolina 100, the annual ranking of the state's largest closely held companies that Grant Thornton LLP compiles for BUSINESS NORTH CAROLINA. The list is based on 2003 revenue. Two textile companies--Gastonia-based Parkdale Mills Inc. and Winston-Salem-based National Textiles LLC--are among the top seven, as is Asheboro-based Klaussner ...