The clothmaker. [volume] (Clinton, South Carolina) 1952-1984, June 15, 1970, Image 1

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-sr.-XnSljlH JSlS'rA? U r-jstx*:-x.:3gc; VI 4z:s*m?5 mmu jwxsxsawata ? "-ajscsrsrc e;}ri555HH2 3326333 SHKalCKjSij SINCE MM l|ppi VOL. 19, NO. 6 i I I Hl ' m ^ nr " < ii dkI v-" * '' ^|| ^ * I ^ Pete Belcher, 1, and I Clintex J. A. reports after ] sent Clintex at the Nationa Sponsored by Clinton Mills Clintex Wins t m m rear Clintex won the Compai second annual Future Unli Pete Belcher of Thornwc gate to the National J A summer. Veronna Gilliam, Matilda Williams, and Ann Yelton, all Clintex Achievers, were honored for their perfect attendance records. Silas Campbell, Sam Williams, Mack Parsons, Bill Hill, Harvey Dickert, and Barry Whitman were presented plaques for their advisory services to Clintex. Robert H. Yeargin, President of Yeargin Construction Company, in addressing the young achievers, stated: "Find yourself a job you pan rpallv pninv " T-To hioc aiming his remarks at those preparing to enter the business world. "Don't let glamour or money be the sole guides to your selection of a profession. Your health and happiness have more to do with your life than anything else. Yeargin, a native of Gray Court, added, "Be enthusi laiiy i^isgy, %.- ::: r_- j S: M,*:n>H".-.h: ^.35.-..: 3 vv i?J=2:*55li rrr;.- 3S.T : ~:j.-:: x..xr~.x:jvwjtjiz:-v.?::. ?;: annr.a:Kr:*::u^Kqsr.rr;rd!r-^;^-rCtn:?J: rUDLIMlCKJ BT AND L T7 tobert Yeargin, r, examine Belcher was named to repre1 J. A. Convention. Company of the Award ny of the Year award at the mited Banquet recently. ?11 was named Clintex's deleConvention in Indiana this astic about your work. Enthusiasm is catching and it pays off. Do more work and better work than you have to do. Enthusiasm is a vital key to success." It is difficult to assess the educational value of the program and its impact upon the minds of the young achiever participants. Junior Achievement is a system of "learning-by-doing." Few of us can disagree with this age old philosophy in securing knowledge. The experiences encountered in this program will pay big dividends to those successfully c o m p 1 c t in g their J A work. Very few programs offer such an opportunity to see "first hand" how free enterprise actually works. littfiiiliijiifiN n' .. SKflH >'SK;; *,H^p KsisSslwjiijgs-i; Swaj-HH^ ^"^rbuinjt^fe uiSH^rru-lnH^^: ifS^lsJHjS: hr .K- ;:r^ r.- rr.r.--r.r."r:rv -:ji,?*-.n={i FOR EMPLOYEES OF CLINTON Mil CM TO ACQ Clinton Mills President, < Robert M. Vance, an- i nounced today that Clinton 1 Mills has entered into an < agreement with Superior Knits, Inc., Greensboro, | North Carolina, under ^ which the two companies ! will merge on June 30. Superior will operate under , its present management as a division of Clinton Mills. < Superior Knits, a young ; and progressive company. ! is one of the leading pro- 1 ducers of double knit fab- < rics for ladies' and men's ( outer garment manufac- | turers. Superior, founded in 1968, early established , a good reputation as a fine i Tax Withholding Will Be Reduced Walt Sigman, Clinton n a.? ti? i iviiiis controller, reminas us that we can expect a slight reduction in Federal Income Tax withholding as of July 1, 1970. The 10 percent Federal Income Tax surcharge ended with 1969, but the Tax Reform Act of 1969 included a 5 percent surcharge for the first half of 1970 and no surcharge thereafter. Also, each ner sonal exemption will change from $600 to $650 as of July 1, making an average of $625 for the year 1970. The amount of each employee's tax reduction will depend upon his earnings, marital status, and number of dependents. According to Mr. Sigman the average rpHlintinn fr?v nnr .x.v?v?viiv/ll iv/| V/Ul I will be around seven percent (7''). For example, a married person with three exemptions and earning $100 weekly now has $8.47 Federal Income Tax withheld. On July 1 the amount i will drop to $7.85. HkMM ^^"%5*E:^^^T;p3WJwx?y?25i?3?^3 IS, CLINTON, S. C. UIRE SUPERI quality knitter. Today, it b is considered to be one of ^ the best fancy double knit ^ operations anywhere. ^ Double knit fabrics have gained tremendous popu- ti larity in ladies' wear dur- n ing the past 4 to 5 years. In 1966, one out of every c< 10 ladies' outer garments e [dresses, suits, coats, sports- a wear, etc.) was made from b double knit fabrics. Last a year one out ot every 3 s< was made from this ma- a terial. The success of dou- g ble knits in ladies' apparel can be attributed to its k comfortable wear, long life, F non-wrinkle aspects, and a the fact that it is machine t< washable. Forecasts indi- / cate that men's wear, a b market virtually untapped c Vacation Pay Tota ir ? _i i_ .. _ vctiauwii pay cnecKS IO- 5 tailing $127,859.50 will bo $ distributed to more than 1 1200 eligible Clinton Mills employees on June 26. v In December, eligible J employees received Christ- t mas vacation pay totalling J 5^-2 325!5S H*Hr-:-; aSiSffSi:. ||pi|p|^^P^u MmtaSBr JUNE, 1970 I0R KNITS y double knits to date, rill soon be similarly af?cted by the introduction f new machinery which rill knit a light weight ma:erial with as fine a texare as any good quality len's suit material. Superior's fabrics will omplement Clinton's well stablished range or highly ccepted woven cotton and lended apparel fabrics nd enter it into another egment of textiles which lso demonstrates good rowth potential. Clinton Mills entered the nitted fabrics market in 'ebruary when it acquired substantial financial inerest in Elastic Fabrics of Lmerica, a Pennsylvania ased Raschel knitting ompany. 1 i LJl Is $127,859.50 76,534.49. .making a total of 1197,005.20 for the year 969. All Clinton Mills Plants vill stop operations Friday, fune 26. and resume operaions midnight, Sunday, fuly 5.