North Carolina Newspapers is powered by Chronam.
October 11, 1954
®0ARD of directors represents ownership of Fieldcrest
Inc. They are shown in picture made December 4, 19M,
'''hen the board met at the mills. Left to right, Harold W.
Whitcomb, Robert G. Stone, E. S. Klein, Sr., F. C. Dumaine,
Jr., Albert B. Hunt, William B. Snow, chairman; and J. P.
Fieldcrest Mills, Inc. Was One Year Old Oct. 1
October 1 marked the first anniversary of the
Purchase of the mills by Fieldcrest Mills, Inc. Ihe
was announced September 20 and the new
'Corporation took over operation of the properties
effective October 1, 1953. j r, • •
The owners immediately announced their ii>
Mention to operate the mills according to the high
standards of quality and with the same high type
of employee relations as in the past. The exiting
program of employee benefits, including the Pen
sion Plan, was retained and the establisr^d distri
bution policies, selling program and Fieldcrest
brand name were continued under the new owner
See pictures and articles on succeeding paps
recalling events and accomplishments of the first
year of operation as Fieldcrest Mills, Inc.
Officers Of Fieldcrest Mills, Inc.
E. W. MEDBERY
. . Production
W. B. GtllNAN
. . . Rug Sales
F. W. HOIT
. Domestics Sales
J. C. WALSH