t' 1 c AOX ■Azi Adams MiUis AmCO NcWS Vol. 40, No. 1 April 1984 Company Joins Adams-Millis Family Silver Knit Has Long, Prosperous History Silver Knit Industries has worked hard to be at the right place at the right time with the right products at the right price. For more than 50 years, the company has strived to create a niche for itself in the hosiery in dustry. The portion of the market Silver Knit operates in was just what Adams-Millis was looking for when it decided to expand its operations by buying out its neighbor in downtown High Point. “It will give us another market area that we’re not in,” said Adams-Millis President Robert M. Bundy, Jr. of the sale. “They are high-priced, high-quality pro ducers; not to say we’re not high- quality, but we’re more a volume house that caters to the large na tional chains.” Silver Knit is a custom house for men’s and girl’s hosiery. They produce a lot of wool blend, orlon and specialty yarn products. Leg warmers have been a strong item for them in the past several years. Silver Knit Industries, Inc. was a family-owned company which was born during the Great Depression and gained a foot hold in the business during those lean years. It had its beginnings in Kingsport, Tenn. in 1930 when Milton Silver, a young man from High Point, acquired a small company known as Rex-tex. Gene Hall Roy Hayes Plant 1 Earns Honors For New Safety Record Plant 1 in High Point has reach ed a milestone for Adams-Millis. As of January 31, the plant had worked 1,000,000 hours without a lost-time accident. It took Plant 1 three years to reach this goal and it is the first time an Adams- Millis plant has achieved such a record. “Reducing accidents reduces cost and time away from the job when an injury occurs,” said Robert M. Bundy, Jr. Adams- Millis President. “We think this 1,000,000 safe hours is a remarkable ac complishment and congratulate the management and employees at Plant 1 for an outstanding job.” Gene Hall, Plant 1 Manager, When Milton’s brother, Robert, joined him in the operation, Rex- tex had 45 knitting machines and about 10,000 square feet of manufacturing space. After operating in Tennessee for a while, Milton and Robert decided to move the company to their hometown. Not only did they feel literally more at home in High Point, but they knew the conditions and people there and were also better known by the community. So in 1933 the depression-bom manufacturing enterprise first located on Wise Street in High Point and became the present Silver Knit Industries. It operated at that location un til 1935 when it moved to its pre sent site on South Hamilton Street where it occupies approx imately 275,000 square feet. Silver Knit, its Drexel Knitting Mills division and Hayward- Marum, Inc. have nearly 600 employees. Sales offices are maintained in New York City and they have sales representatives in Chicago, on the West Coast and in the Southeast. Through its more than 50-year history, the company has been under the direction of the Silver, family. Milton’s sons, Edward and Don, came into the company in 1952 and 1957 respectively. They bought out Robert’s interest in Silver Knit in the 1970s and cur rently Edward is Chairman and Chief Executive Officer and Don is President. Continued on Page 3 ing Continued on Page 3 Pam Wilson “Boards” socks. feels the record reflects a com bined effort of supervisors and employees in maintaining a safe work environment. “We have tried to keep the plant as safe as possible,” Hall said. “We all know we’re crowd ed here and that means it takes extra effort on the part of every employee. I feel our people are proud of this honor and they cer tainly should be. We’re proud of them and their efforts.” Hall agrees with safety experts that the cause of most accidents is carelessness or “just not think- “All of our people have worked together on safety,” he said. “We try to call attention to potential Sandra Combs, left, Sue Caldwell “Pair” hosiery.

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