The textile industry didn't grow up in places like Danville, Virginia in the 1880s. In this country, it actually had its roots in the 1790s in New England. The displacement of industry has been almost a constantly recurring theme for generations in this country. And interestingly, the pace seems to accelerate as companies and entire industries make very rapid decisions and have no qualms about walking away from capital investments that cost millions of dollars to build.
The factory credited with *starting* the industrial revolution was a textile mill around 1769 in Cromford (IIRC), England.