THE MILL WHISTLE Eden, N. C., December 1,1975 No. 11 !!?fview With W. C. Battle: pany’s Strong Recovery sCredited To Employees Jif 7t>ad and more people out . ‘a than H.T last year, Field- tnore machinery and not running than it W^l'^an working. Now we most of our plants Sad some of them six -u days a week.” Jlj^^^^tement was made by !'WjJ* C, Battle, president of Inc., in an in i' On recession struck customers’ orders it was obvious that itl, i^iih The Mill Whistle in ly'j ”® discussed the com- vi|v ^overy from the reces- ®ome of the reasons for |*((i^'^®very. He attributed ^®ay’s strong comeback ° the loyalty and dedi- ctnployees. lOtl take strong and severe to protect the health of ’’y- We realized that in y. the mills we were our loyal workers to lousiness Department of i^Sham Community Will offer a course in V a al Awareness Sfiagy 100) in Eden in the i( 'laarter. bourse is a required Course nounced ii'^tor degree candidates in Administration and i 'al Science and carries hours of credit, it is open as an course to adults not jlj* ^he AA degree. alass will meet on Ij^rays from 7 to 9 p.m. for » beginning December ® Leaksville Township ^Administration Building Highland Drive. ■ tij bourse may register on '1s of the first class. Ed lie instruct the class. and capitalization on capabilities and and will utilize the V,:'onal techniques of red experience, *ons, class participation. "'Sion l^^ollees undue financial hardships,” Mr. Battle said. “Even though we planned the closings so as to have as little impact as possible, we knew that things would be difficult. It was with tremendous satisfaction that I observed the under standing and cooperation of these people whose basic income had been severely affected. “We also did much by way of reducing the salaried payroll, implementing efficiencies in every aspect of the business, asking people to do more than they had done before, and when the recovery came, asking them voluntarily to work at times seven days a week. “Again* the response was tremendous. There is no doubt that the willingness of the em ployees of Fieldcrest to shoulder unusual burdens and to make sacrifices above the usual sacrifices has been the most im portant element in the strong recovery we are experiencing. “When our policies came in for accounting in the third quar ter of 1975, the element of profit increase over 1974 percentage wise was way above the volume increase. The thing that is most gratifying to me is that our peo ple have been able to achieve a very significant increase in profit with a much lesser in crease in volume,” Mr. Battle said. He went on to say that the third quarter of this year was the best quarter profitwise in the history of the company and that he feels the fourth quarter will be strong. In discussing the steps which the company took during the re cession, Mr. Battle said: “The recession caused us to do many things that will, in the long run, be very beneficial. The re cession caused us to look in depth to the efficiency of our ■company, of our operations from staff right on through manu facturing to marketing. “We have made a great num ber of adjustments, and we called on our people to perform at a greater capacity, and they responded magnificently. We have substantially, reduced our salaried payroll. We have sub stantially reduced the level of inventories, and we intend to maintain them at a lower level.” He said the company had re duced the numbers of stock keeping units in all lines. This has resulted in much more effi cient manufacturing because it makes it easier to produce the products which are in the line as it is not necessary to be continually changing from one style to another. “Also, our annual interest payments are way down. We have established very hard guidelines that will be used as danger signals for us to see that the levels of efficiency are main- (Continued on Page Eight) Children’s Parties Set iliA^bot already registered ""Urse is aimed at the dis- making to direct toward greater of themselves and “Pecos Pete,” who performed on the Old Rebel Show over Channel 2, WFMY-TV in Greensboro, for several years, will be the featured entertain ment at the annual Christmas parties for the children of Fieldcrest employees at Eden and at Fieldale, Va. Sunday afternoon, December 14, He will present a Western show consisting of sharp shooting, trick and fancy roping and bull whip tricks. He was on the Old Rebel Show for 12 years and then was with Channel 12, WXII-TV and WQTR radio in Winston-Salem. The Fieldale party will be in the auditorium at the Fieldale- Collinsville High School at 2 p.m. The Eden party will follow at 4 p.m. in the auditorium at Morehead High School. Beginning Monday, December 8, tickets to the parties will be available from the supervisors. Employees should request tickets as promptly as possible and should ask for only the num ber that will actually be used. Musical entertainment will be furnished by Mamie Dickson of the Sheeting Mill Accounting Department and Harold Squires of the Draper Industrial Engineering Department. They will also lead the children in the singing of Christmas songs. The highlight of each party will be the arrival of Santa (Continued to Page Eight) Happy Winner! Looking pleased is Frank Biegar, of Plant Service, Blanket Greige Mill, winner of a 9 x 12 Karastan Oriental design rug in Eden United Fund drawing. He chose pattern 716. Redman Named Director Hamilton M. Redman, retired vice president-finance and a present director of the Norfolk and Western Railway Company, has been elected to the board of directors of Fieldcrest Mills, Inc. The announcement was made at Eden by William C. Battle, president and chief executive of ficer of the company. Mr. Redman retired as an active officer of the Norfolk pd Western in March, 1973. He is a director of the Virginia National Bank, is chairman of the board of trustees of Southern Seminary Junior College, and is a cor porator of the Presbyterian Ministers’ Fund. HAMILTON M. REDMAN He joined Norfolk and West ern in Roanoke, Va., as a vice president in 1958. He was named vice president-finance January 1, 1959, and was elected a direc tor in April, 1960. He went to the Norfolk and Western from the Berkshire Life Insurance Co., Pittsfield, Mass., where he was a vice president and treasurer and a director. A cum laude graduate of Penn sylvania State University, Mr. Redman began his business ca reer as a security analyst for Eastman, Dillon and Co. Then he was the trust officer at the Provident Trust Co., Philadel phia, and vice president and manager of the Trust Depart ment of the National Bank of Commerce of Seattle, Wash., be fore moving to Berkshire Life in March of 1951. Mr. and Mrs. Redman live in Botetourt County, Va.