Graniteville Co. back on track with record profits and growth
Kingsmore credits worker efforts and corporate objectives for revived performance at Graniteville, noting a 16 percent rise in productivity with fewer employees and a backlog at an all-time high. Operation Breakthrough cut costs through 575 employee ideas, enabling seven day production and stronger profitability.
Posner Brings Changes To Graniteville Company
Victor Posner has steered Graniteville Company toward stabilization and modernization. He overhauled management, installed new leadership, and plans to invest tens of millions in spinning and weaving equipment as part of Operation Facelift. Despite past layoffs, local workers and residents seek security from Posner’s restructuring.
MENTIONED IN THIS ARTICLE
Posner
Graniteville Company
Graniteville
William Gregg
Miami
Victor Posner
Southeastern Public Service Company
Granite, Warren and Enterprise
Harold D
Doug) Kingsmore
Kingsmore
Tures
Riegel Corporation
Avondale
Cannon Mills
Iran Ordered Kidnapping and Release Tied to Tehran
U S intelligence says Iran ordered journalist Charles Glass kidnapping and held eight other Americans in Beirut. Glass escaped after reportedly locking up captors, with officials citing possible Iranian pressure from Syria as influence. Washington authorities plan to interview him in London to verify details.
MENTIONED IN THIS ARTICLE
Washington
Iran
Charles Glass
Beirut
Reagan Administration
Glass
U.S
London
State Department
Phyllis Oakley
Syria
Weather and Cockpit Tape Tie to Sunday Plane Crash
New details describe light rain and a thunderstorm about 20 miles away as a 10 to 12 mph cross wind affected takeoff. The cockpit voice recorder captured a stall warning just after liftoff followed by impact sounds, while data recorder decoding was delayed by two days.
MENTIONED IN THIS ARTICLE
Lauber
Jack Drake
NTSB
Also Mentioned on This Page
Granite
Warren
Ginny Southworth
Harold D. Kingsmore
Priscilla Boatwright
Middle East
Terrorism
Dulaine Hammond
Aiken
Gordon Hwy
Augusta
Chafee Ave
Martinez
Porky Bradberry
Piece Goods Shop
Desig
NEW Krogerikmart Center
Silver Bluff Rd
Aiken, S.C
Ae Craft
Pee
Wendy’s
Wendy's
Weenye