North Carolina’s 1953 Industrial Expansion Spreads Wide
Miles Hughey reports North Carolina’s 1953 industrial growth across 99 communities from the Blue Ridge to the Atlantic coast. 235 new or expanded plants with over 60 million dollars invested created 16 327 new jobs, led by textiles and including Enka Rayon Ny lon, Ecusta cellophane, Goodall Sanford yarn, DuPont Kinston, and many others in towns like Belmont, Stanley, Woodland, Wallace, and Kinston.
MENTIONED IN THIS ARTICLE
Miles Hughey
North Carolina
Ben Belas
Department of Conservation and Development
Blue Ridge
Great Smoky Mountains
Atlantic Coast
Enka Rayon Corporation
Asheville
Ecusta Paper Company
Brevard
Goodall — Sanford
Hot Springs
Tate
Talon He
Belmont
Stanley
Piedmont
Woodland
Posite
American Thread Company
Sevier
du Pont
Kinston
Dacron
J. P. Stevens
Wallace
Newton
Carolina Mills
Mount Holly
American & Efird Mills
Dover Mills
Shelby Cake
Sidney Blumental Ac & Co
Wilson
Tobacco Center
Dares Mills
Greenville
SL Mills Company
Concord
Burlington Mills
Reidsville
Paola Millis
Statesville
Adams-Millis Corp
55 Notable Industrial Gains In 1953
North Carolina projects spur expansion across textiles, power, and electronics. New plants include Hendersons mills expansions totaling over 2 million dollars and Morganton, Mooresville, Asheboro, and Washington with major factory builds and jobs. Duke Power and CP&L push multi year power programs while textile firms relocate HQs and add plants in Charlotte, Greensboro, Winston Salem, and Raleigh.
MENTIONED IN THIS ARTICLE
Henderson
Hensome Cotton Mills
Harriet Cotton Mills
Mooresville
Arn't Mills
Burlington Mills Organization
Asheboro
Burlington Mills
Morganton Cotton Mills
Laurel Hill
Washington, N. C
National Sineens Company
Reon
North Carolina
Cape Fear River
Wilmington
Lumber River
Lumberton
Duke Power Company
Buck
Yadkin River
Salisbury
River Bend
Charlotte
Virginia Electric and Power Company
Ihs
Shennehe River
Roanoke Rapids
Nantahala Power Company
Franklin
Celanese Corporation of America
Earlin '54
Electrical and Electronics
Western Electrics
Winston-Salem
Greensboro
Raleigh
Westinghouse
International Resistance Pany
Asheville
Boone
Cornell - Dublier
Sanford
West Jefferson
Sprague Electric Company
Oerlikon Tool and Arms Corporation
High Point Adds 27 New Industries and 930 Jobs
The High Point Chamber of Commerce reports 27 new industries locating in 1953, with 14 existing firms expanding. Total new jobs exceed 930 and investment surpasses 214 million dollars. Hosiery and furniture lead the expansions. 20 new stores and service outlets also opened.
MENTIONED IN THIS ARTICLE
High Point
Phil Clarke
Clarke
Furniture makers urged to boost warehouse stock in 1954
SRFA spokesman John Tobin predicts tighter competition in 1954 will push furniture factories to expand storage capacity, citing Lexington Chair Co and firms in High Point. He says delivery speed will win orders, while the balance of buyer and seller power improves. Some salesmen may drop out as markets adjust to a stronger economy.
MENTIONED IN THIS ARTICLE
John Tobin
Southern Retailure Association
Tobin
High Point
Lexington Chair Co
Also Mentioned on This Page
Carolina
Babcock and Wilcox
Carolina Ports Authority
Deluxe Saw and Tool Company
Cadmus Repro- Graphic, Inc
Sterling Silverware
Gorham
Ralston-Purina Company
Standard Chemical Company
Waynesville
O Sosatics
Krispy Kreme
Anly
Winston & Salem
Tabor City
Dow Chemical Company
Morehead City
Spruce Pine
Kings Mountain
Ment
International Minerals Corporation
Kona
Burgaw
Stanly County
Boren Clay Products Company
Gulf
Chatham County
Sandhills
Granite Falls
Thomasville
Hickory
Wood Conversion Company
St. Paul
Minn
R. J. Reynolds Tobacco Company
N. C. State College
Amer
Amer & Efird
Amer Amer Ae Supply
Ees
Amer $S
Amer St
Auto Atlanta
Bank of America
Manhattan
Butte
Fetipse
Byutier’s
Teres Carolina Carolina &L
Carolina Tel
Atsal
Chadbournes
Lis
Foremost Dairies Sa Pia
Franklin Life’ Ins Co
Oene Garfinckel J
Garfinckel
Pra. Garfinckel J
Garlock Packing Co Ee
Euene S Ponent
Guilford Natt Bank
Flames
Tome Insurance Co
Jotels Statler
Saat
Houston Oil Field Mat
Tome Finance Group
Inter Mountain Eter
Cellu Us
Irvin Trust Co
Jefferson Standard Kell
ING Scesvescucese
Kingsport
Eeeneee
Life & Casualty Ins Co
Life Ins Co
Virginia
Grry Lucky Lone LS Steel
McLean Tre Co
AK “Com
MacMillan Co
Tyla Eee
Co ‘Telephone
Peninsular Ee
Mont Norther
Piedmont Aviation
Piedmont Nat Gas N
Tash Co
Pyramid Life Ins Co
Pocentry Ife & Trust
Rity Natl
Solar
Southern Webbing
Ariane
Pra
Stromberg
Strom Gatison
Taylor Scult Seer Taylor Instrument Co
As Ms
Texas Eastern
Textiles, Inc
Thamer
Sine Agence
Trans ‘Gas
Benjamin Franklin
W. Washington ST
North State
Randleman
SRFA
North
N. C
State Farm Mutual
High Point Township
H. Point Township
State Farm
Personalized Claim Service
State Farm Mutual Automobile Insurance Company
Otis
N. Main St
Monthey Ave
Lane
Hien Point Savings and Trust
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