! I
The mill. wiSistle
S*l
s*ei-q»c9EST ■jiiii
•I
wmS
XXV
Fieldcrest To Acquire
l^lant At Asheville
g ?*®*acrest Mills, Inc., and Winchester
Corporation, of Asheville, have
Dll ^ preliminary understanding
f to which Fieldcrest will offer
'' shares of its stock for each out-
at , share of Winchester, subject to
. ast 90 percent of the Winchester
®k being tendered.
U^^ke exchange offer is expected is be
tj a® following the filing of a notifica-
tie*' ***''^®*' Regulation A of the Securi-
s and Exchange Commission.
^e above is a joint announcement by
■ Gaylord, who is president of the
». '®ehester Spinning Corporation, and
■ ■ *’‘°"** Uaksvaie, Mount Holly, Salhbury, Smithfield,
WorthvillivH. Ct Koldatp, Vo., Columbui, Gofond Aubutlv N. Y.
R. w.
'*s. Ine.
Whitcomb, president of Fieldcrest
‘uills. -
Con expected that Fieldcrest will
at least a portion of the Win-
®P***wing plant to production oi
yarns for the Karastan Rug Mill
®ated at Leaksville.
R
''’ill
Was announced that Mr. Gaylord
ol, ^ ®®Ptinue as manager of the Win-
township Teachers
^ake Tour Of Mills
rtjj'^PP''oximately 225 teachers and ad-
■jQ^^Rative personnel from Lealcsville
»Schools were guests of Field-
Mills October 24 for mill tours
®fest
Off. , a meeting with management
The
visitors assembled at Meadow
'''hOv?* Country Club for a luncheon at
(jj. J. B. O’Neal, regional personnel
wasi toastmaster. Mr. O’Neal
pf A. L. Jackson, division vice
'dent — domestics manufacturing,
Fieldcrest
'vh . — uomesucs mam
and ,?^®'"'ssed the growth of
the scope of its operations.
dgf^P' L. H. Hance, division vice presi-
for research and engineering, dis-
the company’s products, engi-
Vfti activities and research and de-
^Pment.
Soj^ *'• tVilliam McGehee, director of per-
^ research and training, described
tfgPtpyment opportunities at Fieldcrest,
r^j programs and the company’s
with the schools and the com-
v°'ty college.
° ^ response, John M. Hough, schools
Spray, N. C., November 14, 1966
NO. 9
Guinan Speaks At 25-Yr. Club Meeting
“To be great, you must stay great,’
W. B. Guinan, president of the Karastan
Marketing Division, told the 25-Year
Club members from the Karastan Mill
at their recent annual luncheon meet
ing at the Burton Grove School.
“We have to keep ahead with new
ideas and new developments not only
to maintain Karastan’s position of lead
ership today but to be ready for the
future,” Mr. Guinan said. He recalled
the beginning of Karastan in 1928 to
emphasize the quality, styling and de
velopments that have “helped us get
and keep the Karastan label as it is
today.”
He said that Karastan is the “finest
carpet made anywhere” and praised the
important contribution the long-service
employees have made to the success of
the business. He presented slides re
lating to sales and merchandising and
showed some of the newest items being
added to Karastan’s lines.
In another talk, F. W. Klein, division
vice president—rug manufacturing and
manager otf the Karastan Mill, stressed
the importance of the long-service peo
ple in the Karastan operation. The loy
alty, skill and understanding of Kara
stan’s long-service employees have been
superior through the years, and the vet
eran employees have had a significant
influence on others, Mr. Klein said.
J. G. Cunningham, general superin
tendent of the Karastan Mill and master
of ceremonies at the meeting, stressed
the importance of the acceptance of
changes, such as new machinery and
new ways of doing things. “We must be
willing to accept changes or we can’t
stay in business. If we become com
placent, Or get ‘in a rut’, we’ll soon be
gone,” he declared.
Mr. Cunningham praised E. F. Clark,
retired loom development engineer who,
(Continued on Page Three)
CAMPAIGN REPORT NEAR
Final results in the Tri-City Com
munity Fund campaign in the mills have
not been announced although H. H. Lea,
Fieldcrest chairman, said the prelimin
ary reports “look good”. Mr. Lea said
the campaign has been virtually com
pleted and that the final figures and ar
rangements for the drawings for prizes
will be announced this week.
'. ■ V ^ ■
Teachers from Leaksville Township Schools, on mill tour, are shown at Sheet
Finishing Mill. Guide at right is Betty Talley, of superintendent’s office. Sheet folder
in left foreground is Eliza Voss. (More pictures on page four).
superintendent, praised Fieldcrest for
its interest and assistance in communi
ty programs and its cooperation with
the schools.
Following the luncheon, the teachers
were divided into smaller groups and
were conducted on tours of the General
Offices, the Karastan Mill and the new
Sheet Finishing Mill, which they had
indicated they preferred to see.