Historical Newspapers of South Carolina

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1976 In Review Clinton I Year Eve The year 1976 was an eventful one for Clinton Mills. The twelve months just passed were filled with activities as the company celebrated its 80th year of operations. In February, the company announced a $260,932 contribution to the employee profit sharing program. This was of particular significance because the textile industry was just recovering from the sharpest recession since the depression era. February was filled with activities as the company celebrated its 80th year with cake cuttings, souvenir flag distributions, anniversary brochures, etc. In March, the Clothmaker featured construction of a 7,250 square foot addition to the Lydia Plant. Our April edition announced Lou Stephens and Ray Riley would be the company sponsored delegates to Boy's State, and David Word, paymaster, assuming the presidency of the Laurens Shrine Club. The Bailey Foundation, in May, announced Susan Simmons and David O'Shields as Bailey Scholars; and in June the company distributed summer vacation pay to eligible employees. In July and August the company began preparing for its first employee golf tournament which would be held Labor Day at Persimmon Hill near SaluOur Child Sheri La Dawn Spire* is the granddaughter of Mrs. Willie Mae Spires, a Plant No. 1 Spinner. Sheri's parents are Reverend and Mrs. M.D. Spires of Forest Park, Ga. Ml is9 wtfu! da, S.C. Also, an expansion to the main office was begun. September marked the kickoff of the annual United Way Drive in the plants as well as an extensive educational program on Swine Flu. In October, the Cloth maker received a superior rating from the Carolina Association of Business Communicators. That issue also featured two long service employees who have returned to the southern tradition of making cane syrup. In November, Clinton Mills employee Christmas savings totalling over $538,776 were distributed to participating savers. In addition, November marked the company's further expansion into the carpet yarns markets through its Mid America Yarns Mill purchase of the Marie Lamar Division of Wehadkee Yarn Mills, Tal1 arlpoa AlaKama December was highlighted by the distribution of $180,481 vacation pay. When added to the July 4th vacation pay of $191,793, eligible employees received vacation pay totalling $372,274. For Social Sei Taxable Wag* The maximum amount of the Social Security payroll tax ho 4 'tavoKlo tirorro Koeo" _ t $16,500, effective January 1, This is an automatic in Security legislation enacted The current Social Securi continue in effect for 1977, legislation. In other words, based i percentage rate of Social Sea the same for 1977 as it has b< amount of employee earn deductions for Social Securit This means that for all more in 1977, the maximun $965.25, up from $895.05 this ye maximum will be the same ft employee payments. The combined rate for en will be 11.70 Dercent tax on e $16,500. Under the present law, t employees and 5.85 percent fo through calendar year 1977, b Clinton Mills like other < federal government to mak employees' pay for the Social the Company must match ea for Social Security. Therefore, during 1977, > 5.85 percent and the company dollar you earn up to the max combined amount (11.70 pero government to help pay th< system, which includes Med ^Mj^?3^y^r^GLB^ --^ - ^^|Kh|^BR^^^^|^6| Mrs. Ruth Boyette retired fn a spinner, had been with the G Timer's Club," Ruth happily recal Company as she received a retin the past years. Record C Savings WI) Thrifty Clinton Mills employees arc saving at ans the rate of approximate- pre ly $15,668 a week pre through the oomnanv's w 1 J ? Christmas savings pro- no < gram. not Last year, completed employee Christmas met savings accounts totalled over one half million woi dollars. If continued at the per present rate, 1977 savings could well ex- coul ceed last year's record amounts. I mer mar curity: ?? the is Up Again o,a earnings in a year from which : is deducted - commonly called mm vas increased from $15,300 to 1977. rcrease, resulting from Social by Congress in 1972 and 1973. ity tax rate of 5.85 percent will unless Congress enacts new on existing federal laws, the irity payroll deductions will be een in 1976. However, the total ings subject to payroll tax y will be upped to $16,500. employees earning $16,500 or o Social Security tax will be iar. The increase of $70.20 in the or employers, who must match iployees and employers in 1977 ach employee's earnings up to he tax rate of 5.85 percent for r employers is scheduled to run ut go up to 6.05 for each in 1978. |l employers - is required by the II e the proper deductions from Security program. In addition, ch dollar paid by the employee 'ou - as an employee - will pay ' will pay 5.85 percent for every imum taxable wage base. This ent) will be taken by the federal ? costs of the Social Security icare. 2| \ x 1 MC Dm Plant No. 1 Spinning on December 27, 1976. Ruth, umpany since May 21, 1951. A member of the "Old led her many years with her fellow employees and the nent gift from those with whom she had worked over afety Is... r AT to o A wrww LAI 19 3ATM X I This question has many answers. Notice from the wers listed below that most of them include the vention of damage to equipment as well as the vention of injury to people. SAFETY means doing things in such a manner that Dne will get hurt and the equipment and product will be damaged. SAFETY is the protection of persons and/or equipit from hazards which exceed normal risk. SAFETY is the prevention of a circumstance that ild lead to injury or damage. SAFETY is the way to work with little risk to sonal well-being and to property. SAFETY is the control of exposures and hazards that Id cause personal injury or property damage. SAFETY is controlling people, machines, and environit, to perform the job without injury or damage. SAFETY is performing one's daily tasks in the iner that one knows is correct, or else seeking the essary knowledge to perform the tasks properly. GAPVTV !. tk. _li?: iJ ? ... um mi u buc ciuiuimiiun 01 ioreseen nazards and incorporation of necessary training for the prevention ccidents to personnel and facilities. WILL YOU TAKE A CHANCE? A CHANCE IS A K, A HAZARD! BULK RATE U. S. POSTAGE M PAID Clinton. S. C. Permit No. 9# ADDRESS CORRECTION REQUESTED