Spray, N. C., Monday, December 21, 1959
NO. 12
A Christmas Message
FROM OUR PRESIDENT
qk .■^^°ther year is ending. We pause this week to celebrate another
^ nstmas. Next week we will enter another new year which will begin
to decade. It has become a tradition for the President of our Company
it ,® brief Christmas message to Fieldcrest people at this time and
^ s a privilege and a pleasure for me to do so again through the pages of
Mill Whistle.
'^he year 1959 has been a favorable year for our Company. Our sales
broken previous records. Payrolls and employment have touched
gai acceptance of our products and our sales programs have
Of tvf'^ strength throughout the country. In line with the general economy
'■he nation our profits improved over previous years.
the employees received a general wage increase last March and
fefore shared in these improved conditions. Our Directors approved
$10^nn^ substantial modernization and expansion program which will cost
eg ’^0>000 during 1959, 1960 and 1961. Evidence of these improvements
t>e seen on all sides.
pg No dividends have ever been paid on the common stock of the Com-
Our Drnfit« Tfn bark" intn fhp tn imnmvp thp mill^
Our' profits go back into the business to improve the mills, reduce
and thereby increase the securitj' of the Company’s position as
Inc yours and mine as employees. In other words, Fieldcrest Mills,
•1 is strong and healthy and we intend to keep it so.
indications point to favorable conditions in 1960. Some people
o( L ^ “the Soaring Sixties” and foresee a tremendous economic growth
ejjj^’^siness and industry generally due largely to the great and continuing
of the population of this nation. Competition is extremely keen
effj our continued modernization program and your cooperation and
work we intend to hold our own and forge ahead in our expand-
^ nation.
in g Directors and my associates in our management group join me
thi .Pressing our appreciation for the grand job that all of you have done
'''ith year. We hope that all of you will enjoy the Christmas holidays
your families and friends.
May you have
The gladness of Christmas which is Hope
The spirit of Christmas which is Peace
The heart of Christmas which is Love.
i
ARTHUR L. JACKSON
Jackson Is Appointed
Assistant To Harris
Other Changes Associated With
Moving of St. Marys To Spray
Area Are Announced
New appointments in management
personnel at Fieldcrest Mills, Inc. have
I een announced by Harold W.
Whitcomb, president of the company.
A. L. Jackson, former plant manager
of St. Marys Woolen Manufacturing
Company, was named assistant to R. A.
Harris, vice president in charge of manu
facturing.
Mr. Jackson is a native of Kings
Mountain and served with the Naval
Air Corps in World War II. He gradua
ted at North Carolina State College in
1948 with a B. S. Degree in textiles.
He studied industrial administration at
Yale University and Westminster Col
lege under the Navy’s V-12 program,
and is a graduate of the Executive Pro-
(Continued on page five)