l', • - ^ • — m • U.O.CREST MJI.A.S * XXIV 3lpry, Sm thf #»lcl, burn, N. Y. Spray, N. C. January 10, 1966 Honored For 50-Year Record j, ®^^her W. Hopper completed 50 (, V® of continuous service January 2, Cott^^ worked the entire time in the tii„ Spinning Department at the “'anket Mill. He Was the guest of honor at a lunch- meeting of the Fieldcrest “50-Year and c” “ Thursday, December 30, at the j aaow Greens Country Club. Attend- eight other 50-year employees, o(fj ,oo*'s of general management ooials of the Blanket Mill. sZ''®®ident Harold W. Whitcomb pre- jUjjO Mr. Hopper with the Fieldcrest 50-year pin, a gift remembrances. He commend- long-service employees for their and loyalty to the company ® half-century or more, k h Officials Attend Hiaof Harris, vice president-man- presided and called on Otis fot Mill Whistle, Vert ® invocation. Mr. Harris intro- guests attending, including Vri R- Roberts, vice president- heji?®’ Hr. L. H. Hance, division vice ^ ®nf for research and engineering; ilill.'.^Pung, manager of the Blanket H- Mitchell, mill superintend- Cotto^ Funderburk, foreman of the n Spinning Department; Jack Jar- industrial relations reprC' gilding Projects 'fe Near Completion Th . lYiodern, ;Sin air-conditioned Sheet jy ‘g Mill being built by Fieldcrest b Street near Draper is expected tij *^®®dy for occupancy in March. All is up and the brick work is >11 complete. Parking lots have *“ the f^® froui the plant ®ompany property line paved. S M ® $1,500,000, the is located in the middle of a \p^ ®it® that was cleared on the St Carbide property south- ®f Draper. facility will house the sheet will iiuu&c uic biieei ten warehousing operation nov/ in the Nantucket Building at 1 >?• project, Fieldcrest is en- Sip^ fh® million-dollar Karastan ® Center on Summit Road west of (Continued on Page Four) FLETCHER W. HOPPER sentative; and R. L. Wilkes, manager of employee benefits and services. D. F. Carson, manager of employee relations, introduced the other 50-year employees attending: W. A. Blackburn, retired from the Mechanical Develop ment Department; A. D. Weaver, re tired from Synthetic Fabrics Mill; Cora H. Rickman, retired from Blanket Mill; Mack Overby, retired from Blanket Mill; H. T. Lee, retired from Karastan Mill; J. T. Patterson, employed at Fin ishing Mill; Betty H. Ratliff, retired from the Spray Cost Department; and (Continued on Page Three) Exemption Changes The Payroll Department reminds em ployees that changes in the number of exemptions for federal and state income tax purposes should be reported promptly. Employees should notify the Payroll Department within 10 days of any change in their dependents for federal or state income taxes such as death divorce, separation, births, dependents earning over $600, etc. Forms for completing a revised ex emption certificate for either state or federal withholding tax may be obtain ed from the foreman, department head, personnel office, or the industrial rela tions representative in your area. Six Regional Sales Managers Appointed Effective January 1, six regional sales rnanagers have been appointed to super vise the field sales organization of the Fieldcrest Marketing Division of Field crest Mills, Inc., it has been announced by G. W. Moore, president of the Field crest Marketing Division. William I. Krohn will head the West Coast region, with offices in Los An geles. The Midwest will be under the direction of Paul E. Schickler, Jr., with headquarters in the Chicago Merchan dise Mart. Jack A. Schroeter will be regional manager in the Southwest, with offices in the Dallas Apparel Mart. The Lake States region will be headed by Ran dolph C, Johnston, with headquarters in the company’s service center in Cleveland. Arthur S. Thompson, Jr. will super vise sales operations in the Northeast and will be located in New York. In Atlanta, Chris A. Fox will direct sales in the Southeast. These appointments will strengthen the Fieldcrest sales organization by giving greater responsibility to the re gional managers, Mr. Moore said. Dividends By Credit Union Total $24,954 Dividends for the Fieldcrest Mills Credit Union totalled $24,954 for the six months ending December 31, 1965, rep resenting a substantial increase over the $17,398 paid for the comparable period last year. Semi - annual statements from the Credit Union are being distributed this week to all the members. The state ments show the members’ share ac counts, the amount of dividends credit ed, interest paid and unpaid loan bal ances, if any. If a member has not received his statement by the end of this week or if there is any question concerning his ac count, the member should get in touch with the Credit Union office. The Credit Union has paid at least a four per cent per annum dividend on savings each six months since it was organized in 1958. The dividend rate was increased from 4 per cent to 4^i per cent per annum January 1, 1965.

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