Historical Newspapers of South Carolina

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From the President 80's In Review We can remember 1989 as a year for accomplishments TO: ALL EMPLOYEES This year has been one of great progress for all of us, and your efforts on the job have been greatly appreciated. As the decade of the 1980's comes to a close, we can remember many accomplishments in 1989: Wages and Benefits within our company reached an all time high as employees participated in increased pay rates and expanded benefits that are among the best in the textile industry; North American Lace Company was consolidated into the expanded Elastic Fabrics of America facility; Plant No. 2 began an extensive modernization program involving in excess of $16 million dollars for air jet weaving and related yam preparation equipment; The Clinton Foundation awarded three scholarships and numerous interest-free loans to assist college-bound students further their education; A new Advancement Opportunity Policy was implemented to provide clear cut procedures for shift change, transfers and promotions; Clinton employees began another year of participation in the Skills Enhancement Program; Continued from Page 1 you go to the hospital. During much of the year, great emphasis was placed on the modernization of Plant No. 1. On December 30, 1986, the ownership of Clinton Mills was On July 19, 1988, the Comp>any announced that eligible associates would participate in an Employee Attitude Research Survey. The results of the survey were carefully evaluated and appropriate action taken in areas of concern. September, 1988, brought an acquiredbyagroupofmanagement overwhelming response to thenew investors along with Merrill Lynch Skills Enhancement Program. The G. Thaddeus Williams Major improvements in the company's vacation policy were announced; Employees were advised that they would participate in a new Christmas Gift Certificate Program; and A new emphasis on Quality Assurance was announced. While these are among our many accomplishments, opportunities for further improvement became evident; we must dedicate ourselves to these tasks in 1990. For the present, let's look forward to the Christmas season and the decade of the 90's which is fast approaching. Merry Christmas and Happy New Year. G.T. Williams Capital Partners, Inc. The year 1987 saw G.T. Williams assume the responsibility of President and Chief Executive Officer of Clinton Mills, Inc. In January, the Clinton Credit Association, which was founded in 1986, began accepting applications for secured and unsecured loans. The Associate Assistance Program began in April of 1987. The program brings professional help to employees experiencing financial, legal, alcohol, family or drug-related problems. During 1987, hundreds of Clinton employees increased their participation in the Credit Association activities. _ O n January 11, 1988, President announced plans to consolidate its G.T. Williams announced that Nalco operations into the recently program is designed to provide assistance in upgrading basic skills in reading, writing and arithmetic. In October, the Company began installing canned drink machines in all plants. Employees were pleased to learn on December 1,1988, that effective December 12, 1988, the Company would provide a group dental assistance program for all full-time active employees. As 1989 began, the Company revealed the establishment of the Clinton Foundation. The Foundation will award up to three college scholarships and ten interest free loans annually. On March 20,1989, the Company Clinton Mills through the Elastic Fabrics of America division would purchase North American Lace Company, headquartered in North Bergen, New Jersey, and with manufacturing operations in Oxford, North Carolina. Employees were apprised of an improved health care plan on February 18, 1988. A highlight of the new plan was increasing the Accidentand Sickness Benefits from 13 to 26 weeks and the major medical benefit from $400,000 to $500,000. Group medical and life plan for employees who become totally and permanently disabled Effective January 1,1990, active employees covered under the group medical plan, who become totally and permanently disabled, may continue their coverage fora period of 12 months from the date last worked, by payment of premiums as due or in advance. At the end of the twelve months, the employee may be placed on COBRA, if eligible, for a maximum period of eighteen (18) months by payment of premiums as due or in advance. The total period of coverage will cover the thirty (30) months waiting period required before the employee is eligible for Medicare. If the employee becomes eligible for Medicare before the expiration of 18 months, the employee will no longer be eligible for COBRA. If the employee fails to qualify for Medicare within the 30 months, he/ she will be offered conversion rights. Any person eligible for group coverage as an employee or a dependent under another group plan or under Medicare will not be eligible for COBRA. The term life insurance may be continued if you become totally disabled before age 60. As long as you are totally disabled, Clinton Mills will continue to pay the non- contribu tory life insurance, and you may convert your contributory life insurance, in effect at the time you become disabled, to an individual policy. Any reductions in the amount of insurance as provided in the schedule of benefits will apply to any insurance being continued under this disability provision. If you have any questions concerning the subject or desire any additional information please contact any of our insurance specialists in the respective Personnel Departments. expanded Greensboro EFA facility. A major modernization program was announced for Plant No. 2 to include air jet weaving and related yarn preparation equipment. The year 1989 brought announcements that included changes in the Promotion and Advancement Opportunities Policy, an improved vacation policy to be effective in 1990, and a revision in the traditional Christmas Gift Program to include a Wal-Mart Gift Certificate, and numerous management changes. As the new decade comes, we can reflect on the happenings of the 80’s and positively anticipate the excellent opportunities that lie ahead. The Clothmaker cannot recapture everything that has happened, but our memories will be shaped by our attitudes of the past and for the future. It matters! 2 : If < M ClothMaker