WH
I • »S# .
j--.. '"lei-DcREST Micus INO- • Plants at Drgper, Greenville, UaksviHe, Mount Holly, Smithfield and Spray, N. C; Fieldale, Vo,j Columbus, Go. and Auburn, N. Y
i^n
Spray, N. C., October 7, 1963
NO. 7
^ieldcrest Mills, Inc. Now 10 Years Old
Mod,
Expansions,
Pij . Acquisitions Mark
^ Decade Of Ownership
1, 1S63, marked the 10th an-
tiew
Th,
y of the purchase of the mills by
corporation, Fieldcrest Mills,
decade has been one of sig-
Srowth and improvement, in-
Acquisitions, modernization, ex-
j ® 3nd new construction,
the 10
-year period the company’s
'losg from $39 million in 1953 to
° ®100 million at the current rate
>a 5jj®^®tions. The tremendous increase
resulted from the company’s
marketing and manu-
iniprovement programs.
iti
formation the company has
upgraded the styling and
tiia product lines, has improv-
‘'^facturing techniques and has
iftv.
fsted
®ti(j more than $21 million in plants
I'Jipment.
i^^'^'iition, substantial investments
made in improvements of the
managerial, sales and pro-
lliiilliifiiiiiiiiif
m
T'fXS
Organizations. Both Fieldcrest
fiiiMiia
Exemplifying advancement of Fieldcrest in first 10 years is new General Offices
building at Sp:ay. See anniversary pictures and stories on pages 6, 7, 9 and 12.
^60f„^?'astan sales organizations were
VJfCTjj . “'•'-‘A* OdlCO gaiAAi.Cl
and strengthened.
Vcgj organized separate sales
H the Fieldcrest sales divis-
® complete line of domestics
under the St. Marys label,
and under private labels to leading mail
order houses, retail chains, retail buy
ing groups and wholesale jobbers.
The number of people employed by
the company has grown from 4878 in
Ore Appointed President Of Sales Division
Moore was appointed pres-
Fieldcrest sales division.
October 1. Mr. Moore also was
u'lls ''ice president of Fieldcrest
\t,’ He succeeds Frederic W.
V. ’^he r, resigned.
Nnj "Omotion of Mr. Moore was an-
here by Harold W. Whitcomb,
°f Fieldcrest Mills, Inc.
'•he company since 1946, Mr.
Aj)j^^®fved as a member of the sales
sales manager of
department. He became
'7 director in 1955 and in
appointed vice
president in
^^’e(j^.^6Pauw University, Mr. Moore
years in World War II as a
the U. S. Marines. He remains
Sk is ^ the Marine Corps Reserve.
and has two children,
lives in Rumson, N. J.
of Philadelphia and a grad-
G. WiLLTAM MOORE
1
1953 to approximately 7,500 at present.
Some of the additional employees are
due to the expansion of existing opera
tions and the remainder to the acquisi
tion of additional mills.
Beginning with the purchase of the
St. Marys Woolen Manufacturing Com-
(Continued on Page Nine)
Gets NCTMA Honor
Harold W. Whitcomb, president of
Fieldcrest Mills, Inc., was advanced
from second to first vice president of
the North Carolina Textile Manufact
urers Association at the group’s annual
meeting at Pinehurst Thursday and Fri
day, October 3-4.
Mr. Whitcomb, in the normal course
of events, will become the president of
the association for 1964-65.
In the election Friday, Marshall Y.
Cooper, of Harriett and Henderson Cot
ton Mills, Henderson, was moved up
from first vice president to president for
1963-64, succeeding Hal W. Little, of
Wadesboro, who is president of the
Little Cotton Manufacturing Co.
The NCTMA is the state trade organi
zation for the textile industry and main
tains headquarters in Charlotte.