leldcrest Purchases
Alabama Facility
I g®*‘*®rest Mills, Inc. has purchased a 269,000 square foot facility
^ill Ala. The plant will replace the present Scottsboro Rug
scility for the manufacture of bath rugs and bath accessories.
to J. P. Foster, division vice president and general man-
lin i modify the building for the company’s use will be-
ip. '’'*’’®‘^lately. It is planned that the new plant will be completely
® 'onal prior to year-end.
u
also announced that in addition to the purchase of the build-
luj^i®'*'****onal equipment has been ordered which will Increase pro
irpg ®Bpabilities 35 percent in the bath rug and bath accessories
Test^ Scottsboro Rug Mill was purchased in 1969 to allow Fleid-
develop its own bath rug and bath carpet lines, directly co-
*^*^lnated
with its other consumer products.
^’^OiibEcitional Changes Announced
S. Ayscue has been
Seneral manager of
Ireland Limited, the
cow» '•°wel mill now under
in Kilkenny and jointly
t\vo T . y I*’ieldcrest Mills, Inc. and
IrelanH^” partners, the Bank of
Ayscyp P- J- Carroll Company.
Presid formerly division vice
and general manager,
Dus Towel Manufacturing.
was made by
Presi^ Jackson, senior vice
Pieldcrest Mills, Inc.,
three additional
changes.
'iivisioj, • ■ ^P'”ouse was named
•Paiiagp president and general
® Columbus Towel Manu-
K. WILLIAM FRASER, JR.
LACONLA H. NANCE
l^yscue To Head Irish Projed
i Wiiij~^ _
hatue^ ™ S. Ayscue has been ’ facturing, replacing Ayscue.
Nelrtp S^neral manager of Sprouse was formerly plant
''''■lliam ayscue
facturing, replacing Ayscue.
Sprouse was formerly plant
manager of the Fieldale Towel Mill.
George C. Jolley was named plant
manager, Fieldale Towel Mill. He
was formerly was plant manager of
the Alexander Sheeting Mill.
William F. Evans Jr., was named
plant manager of the Alexander
Sheeting Mill. He formerly was
general superintendent of Cotton
System Yarn Manufacturing and
Weaving at the Blanket Greige Mill.
Ayscue, who will be moving to
Kilkenny in the near future, has
been with Fieldcrest since 1973 when
he joined the company as plant
manager of the Fieldale Towel Mill.
In 1974 he was transferred from
the Fieldale Towel Mill to the
Columbus Towel Mill as plant
manager. He was promoted to
division vice president and general
manager of Columbus Towel Manu
facturing in 1976. A graduate
of North Carolina State University
with a B. S. degree in textile
technology, he is a native of
Henderson, N. C.
Prior to joining Fieldcest, Ayscue
had textile experience as a plant
manager for Dominion Textile Ltd.,
based in Ontario, Canada, and later
as vice president and general
(Continued On Page Three)
FRANCIS X. LARKIN
THOMAS W. GRAVES, JR.
Board Announces
Four Promotions
The Board of Directors of
Fieldcrest Mills, Inc. announced the
promotions of four corporate
officers at its regular meeting on
September 1.
Named to new positions were K.
William Fraser, Jr., from vice
president and treasurer to senior
vice president and treasurer;
Laconia H. Hance, from vice
president — Research and
Engineering to senior vice president
— Research and Engineering;
Francis X. Larkin, from vice
president of Fieldcrest Mills, Inc.
and president of the Karastan
Marketing Division to senior vice
president of Fieldcrest Mills, Inc.
and president of the Karastan
Marketing Division; and Thomas W.
Graves, Jr., from general
counsel and secretary to
vice president, general counsel and
secretary.
Fraser joined John P. Maguire &
Company in 1963. Maguire then was
a factoring subsidiary of Fieldcrest
Mills, Inc. He was named assistant
treasurer in 1964, and treasurer in
1967. In 1970 he was named vice
president — Finance and treasurer
of Fieldcrest Mills, Inc. A native of
Riverside, Conn., he holds an under
graduate degree from Cornell
University and a Master of Business
Administration degree from New
York University.
Hance joined the company in 1964
as division vice president —
Research and Engineering. Prior to
joining Fieldcrest, he had been
president of the Institute of Textile
(Continued On Page Eight)
Fieldcrest Directors Vote Dividend
Directors of Fieldcrest Mills, Inc. voted on September 1 to pay a
quarterly dividend of $.35 per share on September 30 to holders of
record September 16.