Graniteville denim demand boosts regional textile outlook
Assistant vice president Bill Johnson says Graniteville Company anticipates a strong first quarter ending March 30 with no layoffs. Denim remains in tight supply worldwide, aided by stronger export potential as dollar weakness and quota shifts redirect trade, though Russia poses risk. The trend toward baggy tapered jeans increases cloth use and supports textile firms.
MENTIONED IN THIS ARTICLE
Graniteville Company
Bill Johnson
Graniteville
Johnson
Far East
South
United Merchants Faces Slow First Quarter Prospects
Guy Thompson, manager at the Clearwater Finishing Plant, says United Merchants and Manufacturing is slow with about 60 layoffs since last summer. Half have returned, demand across fabrics declines while seersucker rises. Costs rise 7 to 10 percent, fuel excluded, and photo-engraving film will jump 40 to 75 percent January 25. Thompson hopes activity picks up by August.
MENTIONED IN THIS ARTICLE
United Merchants and Manufacturing
Guy Thompson
Clearwater
Thompson
United Merchants
Tito's Leg Deteriorates But Tito Improves Says Doctors
Belgrade Yugoslavia AP reports Tito 87 remains at Ljubljana hospital with a leg blockage after last weekend surgery. Doctors term his left leg in gradual deterioration yet say his general condition is improving with vital signs normal and he has not been seen publicly since January 6.
MENTIONED IN THIS ARTICLE
Belgrade
Yugoslavia
Josip Broz Tito
Statesman
Tito
Ljubljana
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Carolina
George Cornelson
S.C. Textile Manufacturers Association
Russia
Blue Bell Inc
North Carolina
Blue Jeans
Blue Bell
Wrangler Jeans
Sterling
Bradberry’' Jewelry
Aiken
Townhouse
Brenda Blitchington Rendell
Rae
Osbon
Sylvia Rae Clary
Virginia Kirkland
Richland Ave
Aiken Veterinary Clinic
Charlie W. Timmerman
Tony Caver
Venaye P. Reece
Um&m
Cairo
Jerusalem Post
al Ahram
J&p
Corley the Garden Center
Park SE
Velda
Tor
Studi
Automotive Values
of Ns
Western Auto
Kalmia Plaza
DIAL
F.E.T
Automotive Service
U.S
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