Historical Newspapers of South Carolina

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Martin retires after 42 years of service Mary C. Martin, Plant No. 2 roll picker, retired Jan. 31 following more than 42 years of continuous service to the company. "There comes a time when you have to retire," says Mary as she talked (Continued from page 1) nated for students in the W. Paul Stillman School of Business. "My goal is to help qualified students of today get the benefit of a Seton Hall educa tion," he explains. Raleigh has served as senior vice president of the New York Board of Trade since 1981 and is also executive vice president of the Greater New about her career with the company. "I don't say I'll be happy, but I believe I will," she added. Martin, now 76 years old, recalled the early days of her association with the company. York Councils of the Boy Scouts of America. He has received wide recog nition for his civic and business achievements including the March of Dimes Service to Humanity Award, the Torch of Liberty Award from the Anti-Defamation League of B'nae Brith, and the Boy Scouts' Silver Beaver Award. He also has been named "Man of the Year” by the Textile Salesmen's Association, Inc. "I had three children to raise and I was able to do it with the job I had in the plant," she explained. She was quick to point out that the company had been good to her and there was little to complain about during her long service with the company. During most of her working career, she walked to work or caught a ride with someone who worked in the department with her. "You know, I really never lived beyond walking distance to the plant." Although she is leaving a job she's had for quite some time, idleness isn't on her mind. "When I was young, I helped sup port a family by quilting and sewing and I’m planning on doing that again," she noted. "If I can get my fingers and hands to cooperate. I’ll Mary C. Martin give those two activities another try." Martin, who was raised at Thom- well, has seen a number of changes during her employment with Clinton Mills. "In all these years. I've been in one department all except four.” ^Raleigh swct tw» Clinton Mills Tt . L ,^ E MANUFACTURERS OF SUPERIOR QUALITY FABRICS AREA C ° DE 803 F. O. DRAWER 1215 CLINTON, SOUTH CAROLINA 29325-1215 Summary Annual Report The Clinton Mills, Inc. Retirement Plan This is a summary of the annual report for the Qinton Mills, Inc Retirement Plan, EIN 57- 0836044 for January 1,1989, to December 31,1989. The annual report has been filed with the Internal Revenue Service, as required under the Employee Retirement Income Security Act of 1974 (ERISA). Basic Financial Statement Benefits under the plan are provided by a Trust Agreement. Plan expenses were $365,906. These expenses included $29,616 in administrative expenses and $336,290 in benefits paid to participants and beneficiaries. A total of 2,395 persons were participants in or beneficiaries of the plan at the end of the plan year, although not all of these persons had yet earned the right to receive benefits. The value of plan assets, after subtracting liabilities of the plan, wes $4,462,177 as of December 31,1989, compared to $3,756,827asof January 1,1989. EHiring the plan year the plan experienced an increase in its net assets of $705350- This increase includes unrealized appreciation or depreciation in the value of plan assets; that is, the difference between the value of the plan's assets at the end of the year and the value of the assets at the beginning of the year or the cost of assets acquired during the year. The plan had total income of $1,071,256, including employer contributions of $587,353, gains of $94,089 from the sale of assets, unrealized appreciation of assets of $81,447, and earnings from investments of $308,367. Your Rights to Additional Information You have the right to receive a copy of the full annual report, or any part thereof, on request. The items listed below are included in that report: 1. an accountant's report; 2. assets held for investment; 3. transactions in excess of 5 percent of plan assets; 4. actuarial information regarding the funding of the plan. To obtain a copy of the full annual report, or any part thereof, write to the office of Pauline S. McLendon, who is the plan administrator. The charge to cover copying costs will be $3.00 for the full annual report, or $.25 per page for any part thereof. You also have the right to receive from the plan administrator, on request and at no charge, a statement of the assets and liabilities of the plan and accompanying notes, or a statement of income and expenses of the plan and accompanying notes, or both. If you request a copy of the full annual report from the plan administrator, these two statements and accompanying notes will be included in that report. The charge to cover copying costs given above does not include a charge for the copying of these portions of the reports because these reports are furnished without charge. You also have the legally protected right to examine the annual report at the main office of the plan, Qinton Mills, Inc., 600 Academy Street, Qinton, SC 29325, and at the U.S. Department of Labor in Washington, DC, or to obtain a copy from the U.S. Department of Labor unpon payment of copying costs. Requests to the Department should be addressed to: Public Disclosure Room, N4677, Pension and Welfare Benefit Programs, Department of Labor, 200 Constitution Avenue, N.W., Washington, DC 20216. For assistance in obtaining a copy of available information, contact the Personnel Manager in your work area. Pauline S. McLendon, Financial Administrator Qinton Mills, Drawer 1215, Qinton, SC 29325 Carolim-Georgia Blood Center sets regular scheduled visit In a few days, employees will have an opportunity to roll up their sleeves and give blood as the company, in cooperation with the Carolina- Georgia Blood Center makes their regularly scheduled visit to Plants No. 1 and 2 on March 20 and 21, followed by Bailey and Lydia later in the year. "Donoting blood has never been more critical or important," stated Blood Driver Coordinator Mack Par sons. Blood collected may find its way to aid a Persian Gulf military casualty or someone in a nearby hospital. Due to the shelf life of blood and its components, the donor supply has to be carefully regulated to avoid wast ing the life-saving substance. Employees who have a known physical problem, or anyone who weighs less than 110 pounds, are under age 17, or pregnant, should not donate blood. "Many employees," said Parsons, express a concern about contacting AIDS during the "donation" process. This is highly unlikely because all needles are sterile and are never reused." Employees can usually resume their normal work activities after ab out thirty minutes following a blood donation. Briefly, here is how the Qinton donor process works: SUPERVISOR SCHEDULES — The Blood Drive Coordinator works with plant supervision to determine the number of persons interested in donating blood and the best time for this to be done. You will be asked to provide a few items of personal information and then blood center personnel will ask each potential donor a few questions relating to medical history. That his tory, together with a mini-physical consisting of temperature, pulse, blood pressure and a finger prick for blood iron content, will determine if the employees blood can be accepted. ACTUAL BLOOD DONATION — Portable beds are set up in the plant conference rooms. Trained blood cen ter personnel ask employer donors to lie down and the arm selected for donation of blood is scrubbed and a needle is inserted into the arm and a pint of blood is extracted. REST AND REFRESHMENTS — Qinton Mills provides light refresh ments consisting of juice and cookies after each donation process. A few minutes rest is advised before resum ing normal job functions. POST DONATION BLOOD PRO CESSING — Blood gathered at the plants is carried back to the Carolina- Georgia Blood Center in Greenville where it is procured. Blood is typed and an expiration date assigned. The substance is divided into platelets and red blood cells. DISCARDED BLOOD — Some blood collected in the plant drive will will not be used because it does not pass specific analytical tests. Dis carded blood is discarded in accor dance with strict biohazard regulation or sent to medical labs for research. About 5% of the blood drawn doesn't pass the tests for acceptable health standards. DISTRIBUTION OF BLOOD UN ITS — Blood drawn from Qinton Mills employees may wind up in any of 15 area hospitals. The blood needs for the area usually run about 132 pints per day. About 25 pints per week is requested by the US Army.