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VOL. XXIV
Spray, N. C., August 16, 1965
NO. 3
^ Father and daughter give blood _ Posey Snead, of the Bleachery, and
Js daughter, Miss Martha Snead (right) were among the 189 persons who gave
^ ®od when the Bloodmobile visited Leaksville August 5. Miss Mary Sawyer (left),
^fiend of Miss Snead, also was a blood donor. See additional Bloodmobile pictures
** Pages four and five.
Heldcrest Adds $25 Million To Economy
economic impact of Fieldcrest
^ills
on the Tri-Cities and Fieldale, Va.,
j®^ulting directly from the operation of
® mills in these localities was over
K ’000,000 last year, H. W. Whitcomb,
®sident of Fieldcrest Mills, Inc., has
^Ijounced.
ieldcrest payrolls in the area reach-
Pi
Sh all-time high, totaling $23,109,204.
^■116
this amount, $17,814,323 was paid to
*0 employe
'jC^04,881 to 1,281 employees of the
$5,
employees in the Tri-Cities and
Mill at Fieldale.
top of the payrolls, Fieldcrest paid
$1,000,000 in Social Security taxes
sii> Payroll taxes for unemployment in-
urg-
ance. By law, the company pays half
tax' employee half of Social Security
Of +k company pays 100 per cent
■f. the taxes to provide state-adminis-
jjj compensation for eligible em-
Pees when out of work,
ateri f'tdition, over $550,000 was distrib-
tijg in 1964 in the form of pensions for
)q . Company’s retired employees, a ma-
Q. tty of whom are residents of the Tri-
and Fieldale.
ifipteldcrest paid property taxes total-
I-jI hearly $500,000 in the ’ Tri-City-
ale area. Paid to Rockingham
tthty was $200,746 and to Henry
County, Va., $71,802. Property taxes paid
to municipalities were: Town of Spray,
$91,241; City of Leaksville, $51,532; and
Town of Draper, $47,249. Meadow
Greens Sanitary District was paid $4,-
306.
Most of the above $25,000,000 pump
ed into the local economies by Fieldcrest
operations was in direct payments. Ad
ditional large sums were spent on fringe
benefits for the over 6,000 Tri-City and
Fieldale employees and their depend
ents.
Also to be added are the expenditures
made for purchases of goods and serv
ices from local firms, including con
struction and property improvement.
The figures do not include payrolls for
any manufacturing locations other than
the Tri-Cities and Fieldale or for sales
personnel. Expenditures for raw ma
terials, machinery and equipment, also
are omitted.
Mr. Whitcomb said that the economic
impact of Fieldcrest is expected to be
even greater in 1965, based on the oper
ating results of the first six months of
the year. He said the company’s present
unfilled order position and the current
rate of the nation’s economy indicate
another successful year for Fieldcrest.
119 Employees Give
Blood At Bloodmobile
Fieldcrest employees gave 119 pints
of blood of the 189 pints donated when
the Bloodmobile visited the Leaksville
Moose Hall Thursday, August 5. The
Fieldcrest group accounted for 63 per
cent of the overall donations.
The Karastan Mill furnished 47 don
ors, followed closely by the Bedspread
Mill with 42 donors, representing an
outstanding response at both plants. The
General Offices furnished eight donors
and the Finishing Mill furnished five.
The Bleachery and Blanket Mill fur
nished four donors each and there were
two donors each from the Central Ware
house and the Research and Quality
Control Department. One person gave
blood from each of the following loca
tions: Fieldcrest Store, Mechanical De
velopment Department and the Traffic
Department.
Thomas Meeks of the Finishing Mill
donated his 16th pint to become eligible
for the “two gallon” club. Seven other
persons gave their eighth pint to become
members of the “gallon” club. These
were Wayne Lawson, Research and
Quality Control; Henry Adams, Bed
spread Mill; Billy Jarrell, Bleachery;
Bill Barton, Karastan; Vaughn Grogan,
(Continued on Page Four)
‘Spellbound’ Blanket
On ‘Price Is Right’
Fieldcrest has a new television star.
It’s “Spellbound”, our Creslan acrylic
blanket which was selected as a sweep-
stakes award for the week beginning
August 9 on the ABC Network’s “The
Price is Right,” starring Bill Cullen.
During the entire week, over 20,000,-
000 TV viewers were directed to go to
their local store to find out the exact
suggested retail price of the blanket
($16.99 in the 66 x 90 size).
Our customers throughout the coun
try were asked to alert their sales peo
ple to this promotion and to call atten
tion to it with a special sign.
Our sales promotion people in New
York reported that the reaction was
“tremendous”. Early in the week, the
switchboards at the Fieldcrest Sales Of
fice was swamped with calls as New
York area television viewers sought to
learn the price of the blanket.