Pag* aOA-KlNGS MOUNTAIN HERALO-Thursday. Dscambar 17. 1981
•it
First Citizens Merger Announced
First Citizens Bank merged
with Commercial and Farmers
Bank of Rural Hall and Com
mercial and Savings Bank of
Richeson
Boonville December 15.
Upon merger, the banks will
become part of First Citzens
Banks’ statewide system.
Construction
Manager
John D. Ritcheson has been
named construction tool sales
manager for Carmet Company’s
Minetool division, a member
company of Allegheny Interna
tional, Inc.
Ritcheson was alTiliated with
Stratoflex, Inc. as a sales
engineer before joining Carmet
Minetool.
Married to the former Barbara
Mabon of Petersburg, VA, the
couple has Five children and cur
rently resides in Duluth, GA.
Carmet Minetool is a major
supplier of mining and construc
tion tools.
The North Carolina Commis
sioner of Banks and the Federal
Deposit Insurance Corporation
approved the merger proposals
earlier this fall.
Commercial and Farmers
Bank has deposits of $26 million
and operates three offices in the
northern portion of Forsyth
County.
I •
Commercial and Savings Bank
has deposits totalling $14 million
and is located in northern
Yadkin County.
Ms. McFee
Production
I.D. RITCHESON
First Citizens Bank, head
quartered in Raleigh, operates
235 offices in 101 cities and
towns across the state. Assets
total $1.4 billion.
There will be no change in
management or staffing at either
bank.
RETIRES - Vara Black, cantar, of 118 Monta
Vista Driva, Kings Mountain, has ratirad altar
35 yaors of sarrica at Parkdala Mills oi Kings
Mountain. Sha is picturad har baing givan a
gold watch by plant managar Bamcad
Harvay, laH, and spinning-winding suparvisor
Randy Clcnk.
Supervisor
M. Jeanette McFee has been
named production supervisor for
Carmet Company’s Minetool
division, a member company of
Allegheny International, Inc. In
her new position, she will be
responsible for planning and
directing manufacturing and ser
vice functions.
McFee was formerly
associated with the Homelite
division of Textron Inc. and,
prior to that, Barrett Textile
Recovery. She joined Carmet
Minetool in 1979 as a braze
group leader. She makes her
home in Gastonia.
Carmet Minetool is a major
supplier of mining and construc
tion tools.
Commercial Shearing To Acquire Lucas
Commercial Shearing, Inc. to
day announced its agreement to
acquire the business assets of
Lucas Industrial Equipment Ltd.
and Keelavite Ltd., two
operating groups of the
hydraulics division within Lucas
Industries, Ltd. of Birmingham,
England.
facility now will operate as the
Industrial Hydraulics Division of
Commercial Shearing, Inc.
facility is to be known officially
as the Keelavite Division of
Commerical Shearing, Inc.
JEANETTE McFEE
Lucas Industrial Equipment,
located near Liverpool,
manufactures a proprietary line
of hydraulic axial piston pumps
and motors, hydrostatic
transmissions, and associated
controls, as well as a small, high
speed expansion turbine used in
the liquefaction of gasses. This
Since 1935, Keelavite has con
centrated on developing,
manufacturing and installing
complete and often unique
hydraulic actuation and control
systems serving many sectors of
industry. The company also pro
duces electrical and electronic
devices interfaced with these
systems which are employed
primarily in mining, processing,
in controlling water and the en
vironment, in making steel, and
for certain military applications.
Located near Coventry, this
The Lucas series of axial
piston units complements and
expands the displacement and
frame ranges of piston pumps
and motors as well as hydrostatic
transmissions manufactured by
Commercial Shearing at its
Westerville, Ohio and
Gloucester, England plants. Ap:
plications for these broadened
lines by hydraulic products
market by Commercial
worldwide include an increasing
variety of mobile equipment and
industrial machinery. In addition
to the company’s Flowdync
piston units developed chiefly
for mobile equipment, the
Westerville plant also manufac
tures a series of high-pressure
hydraulic components essential
ly designed for application such
as required especially in oill ex
ploration and for testing aircraft
hydraulic systems.
Commercial Shearing entered
the fluid power industry in 1927
and today is a leading producer
of hydraulic gear pumps and
motors, control valves and
cylinders. Nineteen of its 24
plants in six countries are engag
ed in hydraulics manufacture or
assembly.
OFFER
GOOD
THRU
DEC. 24th
1981
(LIMIT 1 PER FAMILY)
HOLIDAY
TURKEY
K
s
LV
WITH THE PURCHASE OF ANY
HOTPOINT APPLIANCE AT STERCHI’S!
NO INSTALLMENT PAYMENTS ’TIL FEBRUARY, 1982!
$50-'
HOTPOINT
14 CU. FT.
NO FROST
REFRIGERATOR
FREEZER
IN WHITE
$1
195
R«9. S579.9S
COLOR $10 EXTRA!
This big handsome thin line
ref ngerator-freezer fea
tures full width crisper,
butter and egg storage in
the door, easy release ice
cube trays, deep door
shelves in each section
Only 28"wideand 61" high
See this super buy today!
SPECIAL X/ALUE!
^ lo LpxrLnJb
30" ELECTRIC RANGE
WITH REMOVABLE OVEN DOOR
369
EXCHANGE
• Controls on Backguard out of
Children's reach!
• Appliance outlet! No-Drop Cooktop!
• Adjustable Oven Shelves! Hidden
Leveling Legs!
• Oven Temperature Indicator Light!
• Full Width Storage Drawer!
• Removable Control Knobs for Easy
Cleaning!
• See this Terrific Range Today!
HOTPOINT
ELECTRIC WASHER
a
• REGULAR CYCLE FOR HEAVY. NORMAL S LIGHT SOILI
> SELF-CLEANING FILTER RINGI
> PERMANENT PRESS CYCLEI
(SOI
Only
^39995
Itog. tMt.as
■UV ON
STERCHI’S
CREDIT
tMTH A
PERSONAL
TOUCHI
Three water level and temperature selections, self
cleaning filter nng assures thorough lint removal,
automatic self leveling and heavy duty motor
$40/
HOTPOINT
ELECTRIC DRYER
> SPECIAL PERMAPRESS/POLY KNIT SETTINGI
• THREE DRYING SELECTIONS!
• 90 MINUTES DRYING TIME'
$29995
RM- $319.99
End of cycle signal tells when to take
things out, three drying temper
atures. family size capacity. 27" wide,
up front lint filter, separate start
control and safety door.
BUY ON
STERCHI’S
CREDIT
WITH A
SPECIAL
TOUCH
FURNISHING SOUTHERN HOMES SINCE 1S88
STERCHI’S WILL
BE OPEN EVERY
NIGHT ’TIL
CHRISTMAS
FOR YOUR
SHOPPING
CONVENIENCE
HENDERSON
HERNDON
201 SOUTH BAHLEGROUND AVENUE
KATHY
COPELAND