XXIV
• - Plunt, .It Du-Pf.-, City, Grr.-r>».ll.., U-uksvifl..,'Mount Holly^ Sal'sLu.y, 5-nth-f,‘-lri
■■■ - Spr»y_S!}j Wo.th..iH.^^C.;_h^ldjk.. Vo.; Cc-u-nbut. G». c-.»J Am.urn. N. y
Spray, N. C. January 24, 1966
Heldcrest Big Factor In Local Economy
jj^'®Wcrest Mills paid out more than
, ^-million in the Tri-City area in 1965
j Payrolls, for city and county taxes
a for new machinery, equipment and
">udings in Leaksville-Spray-Draper.
j,1he company’s payrolls in Leaksville
.Unship in 1965 were $20,547,217, an
of 16 per cent over 1964. Total
K^°yment in the company’s plants in
Of 1 Slid Draper at the end
1965 was 4,351, an increase of 315
the
6 or a 7.8 per cent increase over
''ill
Previous year.
'eldcrest paid city taxes in Leaks-
Spray and Draper amounting to
her
. an increase of $64,727, or a 32
fan oy®'’ 1964- The com-
® Rockingham County taxes were
^ 't,045, an increase of $27,408, or a
9®" cent increase over the previous
®ttv ’ property and personal prop-
'hcl “ Rockingham County,
city and county taxes, were
I3,.h952, an increase over 1964 of $92,-
or 23.3 per cent.
Total
SS-
ttak
cash payments for new ma-
:,'tcry, equipment and buildings in the
'City area for 1965 were $4,636,000,
"Pg a total of $22,961,000 in capital
cnditures by the company in the Tri-
Cities since October 1, 1953, when Field-
crest Mills, Inc. was organized.
Fieldcrest paid close to $1,000,000 in
Social Security taxes and payroll taxes
for unemployment insurance for Tri-
City employees. By law, the company
pays half and the employee half of
Social Security taxes and the company
pays 100 per cent of the taxes to pro
vide state-administered compensation
for eligible employees when out of
work.
In addition, a substantial sum was dis
tributed in 1965 in the form of pensions
for the company’s retired employees, a
majority of whom are residents of the
Tri-City area.
Most of the over $25-million pumped
into the local economy by Fieldcrest
operations was in direct payments. Ad
ditional large sums were spent on fringe
benefits for the 4,351 Tri-City employees
and their dependents. Also to be added
are the expenditures made for purchases
of goods and services from local firms.
The figures do not include the money
paid out at any manufacturing locations
other than the Tri-Cities or for sales
personnel. Expenditures for raw ma
terials also are excluded.
\00 Blood Donors Needed Feb. 10
Hijj^®^^crest employees will have a pro-
part in the visit by the Blood-
^Orh ^ to the Leaksville Moose Hall on
"'ith ® Street Thursday, February 10,
^ a goal of 200 pints.
Mills will conduct its own
WjJ^^Ument campaign in its Leaksville
Every employee of the Bedspread
ijL ^arastan Mills will be contacted and
'■itig ^ P^t of blood. Giles Hun-
superintendent, and Jones
industrial relations representa-
tL®’ 'vill be recruitment chairmen for
arrears. “Each community must be able
to care for its own needs. It is going to
be imperative that we increase our
donations here to match our usage.”
He urged everyone who can give
blood to do so on the February 10 visit.
“Regardless of where a person lives or
works, we call on him or her to give
blood at this time instead of waiting
until the Bloodmobile visits their own
localities,” he said.
■ tWo mills, respectively.
G. Cunningham, chairman of the
liNp 'ty Blood Program, made an
''’*11 h ^T’Peal for donors. “The 200 pints
®®"ely meet the community’s needs
Jtfj do little toward reducing the
in blood donations,” he said.
*'hv '*'®PO''ted that by the end of Jan-
**^60 *Ee Tri-City community will have
85(j^-T28 pints since the fiscal year be-
1(1(1 Tuly 1^ 1965. During the same per-
589 pints have been donated.
Cunningham said the local
**am cannot continue to operate in
Community Fund To
Have Annual Meeting
The annual meeting of the Tri-City
Community Fund will be held Tuesday,
January 25, at 7:30 p.m. at Consolidated
Central YMCA.
All persons who have contributed
$1.00 or more in the most recent cam
paign are invited to attend, according
to Warren Wilson, president.
Reports will be heard from the vari
ous participating agencies and new di
rectors and officers will be elected lor
the coming year.
Betty Roach, of the Towel Mill Data
Processing Department, earries plate at
barbecue dinner served to mill’s em
ployees as award for their outstanding
safety record. (See story and additional
pietures on pages four and five)
Payroll Department
Preparing W-2 Forms
W-2 forms, employees’ federal income
tax withholding statements for 1965,
NC-2 forms for employees in most of tne
North Carolina plants and VA-2 forms
for employees of the Towel Mill are be
ing prepared in the Payroll Department
at Spray and will be distributed to em
ployees during the week ending Januarv
28.
In addition to the Tri-Cities and
Fieldale, forms are being handled at
Spray for Greenville, Mount Holly and
Sm.ithfield as well as for employees at
Muscogee Mills, Columbus, Ga.
The withholding statements for the
Nye-Wait plant at Auburn, N. Y., are
prepared there and those for the North
Carolina Finishing Company, the Alex
ander Sheeting Mill, Forest City and the
Worthville Plant, at Worthville, are pre
pared at Salisbury.
Employees who are out sick or laid off
are to receive their withholding state
ments through the U. S. mail.