I
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MR WOODFORD R BOEBINGER
the standard printing CO
?PX 1736
l-Ol'ISVIl LE KFNTOCKY
XXVI
P™'’"’ »«. Uok..ilIe, Mow Holly, Solrtbury,
) #l^«riiWo, Pa, and Mh»n.d.T^^
Employees Invited To Fashion Shows
PlELDCREST TOWEL MILL at Fieldale, Va„ is one of the largest towel mills in
nation. The mill employs approximately 1,300 persons. Under way at present is
^ ?5-milIion expansion involving the installation of additional looms and the neces-
^^ry additional yarn manufacturing facilities.
Mt. Holly Employees Recognized For Safety
A stunning array of fashions which
some of the nation’s foremost designers
have created from Fieldcrest products
will be modeled in fashion shows this
week in the Eden and Fieldale areas.
Fieldcrest joined forces with the
giants of the fashion industry to create
a fashion show in whicli sheets are
transformed into evening gowns, shower
curtains into beaohwear, towels into
bikinis, and other Fieldcrest products
into a wide assortment of fashion items.
Designers represented in the collec
tion of approximately 30 creations are
Adele Simpson, Frank Adams, Andrew
Woods, Sarmi, Lito Manalang, John
Moore, Edie Gladstone, Delissa, Diana
Dew, Trigere’ and Anne Klein.
The fashion show will be presented in
the Fieldale-Collinsville High School
auditorium Tuesday, April 30, at 10:30
a.m. and at 8:00 p.m., and in the More-
head High School auditorium, at Eden
Thursday, May 2, at 10:30 a.m. and
at 8:00 p.m.
Employees, their families and friends
are invited to attend at the time most
convenient for them. There is no charge
for admission.
The Eden Junior Woman’s Club, of
which Mrs. John Smith, HI, is presi-
(Continued on Page Three)
—PICTURES ON PAGE SEVEN—
Employees of the Mount Holly Spin-
}hg Mill at Mount Holly were recog-
^^ed for their outstanding safety rec-
when they were given a barbecue
®rved in the miU on all shiftsi.
The barbecue was given by the com
ply under the terms of the safety con-
at all Fieldcrest plants. A barbecue
inner is given at any mill which oper-
for an average of 2,000 hours per
^loyee without a lost-time accident.
The Mount Holly employees have
orked since March 10, 1967, without
Jiy lost time due to injuries. They have
^cumulated 2,263 hours per employee
pthout a disabling injury, totaling
^>487 accident-free man-hours.
H. Justice, superintendent of the
^ ®Unt Holly plant, congratulated the
hiployees on their good safety record
hd urged them to continue their efforts
the prevention of accidents.
P' A. Purcell, general manager-towel
who has responsibility
lations and urged a continuation of the
accident-free record into the future.
K. R. Baggett, Fieldcrest safety direc
tor, in a talk to the employees said,
“The company appreciates your efforts
in the prevention of accidents and as
your fine performance continues I hope
to see you at a safety barbecue again
next year.”
First Quarter Results
’T^Ufacturing,
shift employees, extended congratu-
the Mount Holly plant, in a talk to
Textile Quote
“The United States has the most
advanced textile technology in the
world, but it is* difficult to remain
ahead. New products, machinery
or production techniques do not
remain secret very long. In most
instances, technological improve
ments developed in the United
States are put to use very soon in
other textile manufacturing coun
tries.”—William C. Harris, presi
dent, Institute of Textile Technol
ogy, Charlottesville, Va.
Fieldcrest Mills, Inc. reported record
earnings of $.55 per share for the quart
er ended March 31, more than 2.75 times
the $.20 earned in the same period last
year.
Sales increased 18.1%, from $34,973,-
000 in the first quarter of 1967 to
$41,318,000 in 1968, also a new record
for the Company. Net earnings amount
ed to $1,947,000 in the first quarter of
1968 and $704,000 in 1967, and were
4.7% and 2.0% of sales in the respective
periods.
In reporting the results. President G.
W. Moore attributed the record sales
volume to the general improvement in
the country’s retail trade volume and to
Fieldcrest’s growing abihty to take ad
vantage of such improvements.
Earnings benefitted from the in
creased sales volume and from a higher
rate of manufacturing activity which
contributed to recovery from the ab
normally low profit margins of the
early months of 1967.