Workforce in Transition
In 2003 when Pillowtex (better known in the Carolinas as Fieldcrest Cannon) closed, more than 4,300 local employees lost their jobs. A dozen towns in Cabarrus and Rowan counties absorbed about half the job losses, with Kannapolis taking the biggest hit.
In response to the massive displacement of workers, Foundation For The Carolinas created the Pillowtex Carolinas Care Fund to marshal financial resources to assist nonprofit organizations in providing immediate, humanitarian assistance for those who were impacted by the sudden shut down.
By working to form collaborative relationships between the government, corporate and nonprofit sectors, the Foundation provided an effective channel to assist the laid-off workers with basic necessities.
In addition to the Pillowtex Carolinas Care Fund, the Foundation coordinated several additional Workforce in Transition funds. Lead organizations such as United Ways, Departments of Social Services, Departments of Health and Crisis Assistance Ministries helped to determine fund distributions throughout the affected counties.