THE MILL WHISTLE
Eden, N. C., March 7, 1977
No. 16
changes In Plan
important To You
ai]i read your new Pension
ive
, V ''V* 1 ^
®ugh the revised booklets were
*
_ fed to all hourly employees
ago, it is not likely that
Pfeyees have read them.
®™ployees may feel that
^ is in the distant future and
A- ILLGES, JR.
Ws Named
^sident Of
Spinning
Jr., was named president
'Itlcfp Spinning Mills, a division of
Mills, Inc., in Columbus,
H, j,. March 3.
was executive vice
[litf before his promotion and
W ^as vice president of
He joined Swift as a
year after completing
It of active duty as an officer
,H ^^^al Reserve.
*ag the announcement,
Hattie, president and chief
® officer of Fieldcrest Mills,
Jehf executive vice
ha Hwift Spinning Mills, Mr.
made a very substantial
k '*hon ThA
C^nce
^s.
to the company. The
of Swift under his
has shown continuous
Itl Pbasize that the selection of
as president was based
his own capabilities and
'‘^itinuedTo Page Two)
not very interesting right now. Yet,
employees of all ages need to read the
booklets to become familar with their
rights and priveleges under the
Fieldcrest Pension Plan.
Revisions made effective January
1, 1976, are important even to young
employees and those with few years
service. For this reason, the present
article and features in later issues of
The Mill Whistle will describe
highlights of the Hourly Pension Plan
which should be of interest to all
hourly employees.
It is well known that Fieldcrest was
one of the first textile companies to
provide a pension plan for hourly
employees, it having been started
nearly 35 years ago. Revisions have
been made from time to time to
improve the Plan or to meet legal
requirements.
An outstanding feature of the hourly
Pension Plan is that the cost is paid
entirely by the company. No
contribution at all is required from
the employee. Also, the pensions from
Fieldcrest are in addition to any
income from Social Security.
In fact, the Pension Plan was
designed to supplement Social
Security benefits, personal savings
and other resources to provide a
greater degree of financial security
(Continued To Page Six)
At Columbus Towel Mill
m
■ J,.
Carl Pulliam, a drawing tender at the Draper Sheeting Mill, reads new
hourly Pension Plan booklet.
$3V2 Million Expansion Announced
Fieldcrest Mills, Inc. will spend
approximately $3V^ million for
additional equipment to increase the
production of quality towels at the
Columbus Towel Mill, Columbus, Ga.
The expansion project was
announced by C. L. Kametches,
division vice president of bath
fashions manufacturing for
Fieldcrest.
New equipment to be installed
together with equipment for the pre
paratory processes supporting the
additional weaving capacity.
Mr. Kametches said the expansion
project will create approximately 100
new jobs in the Columbus operation. A
number of the additional employees
are already being trained and others
will be employed and trained later.
Some of the looms already have
arrived and all are scheduled to be
installed within the next four months.
Air conditioning and utilities at the
Columbus mill are being increased in
preparation for the installation of the
new looms.
A building addition was not
(Continued To Page Eight)
Stewart Is New Division VP
named a sales representative and in
1956 was named district manager,
George D. Stewart, department
manager, Bath Rugs, has been named
a division vice president of
Fieldcrest. The announcement was
made by David M. Tracy, president of
the Fieldcrest Marketing Division.
Mr. Stewart joined the Fieldcrest
sales staff in 1946. In 1947, he was
serving successively in the
company’s San Francisco,
Philadelphia and New York offices.
He was appointed the Northeast
regional manager in 1963. After a
(Continued To Page Three)