Industrial firms expanding in High Point area minutes
Nu- Products plans a move to the old Cassard Furniture plant at 505 Russell St by early April, adding 20 000 square feet of space for metal furniture frames. L M Metal Works expands Oakdale Road plant, aiming to hire 10 15 more workers and grow further. A Wood Office Furniture Institute forms with Tom R Pitts as director and Raphael Blessinger as president, offices in Washington. Presstite sale to American Marietta endorsed, issuing 90000 common shares valued around 4 5 million. Pressure Engineering supplies seals and tapes for aerospace and building sectors.
MENTIONED IN THIS ARTICLE
High Point
Nu- Products, Inc
T. A. Robertson
Cassard Furniture Co
Russell St
Renetanemh
Spoving Itu
Ivvi Prospect
Nu-Products
Robertson
Russell Street
Metal Works
L & M Metal Works, Inc
Oakdale Road
Kivett Drive
Lawrence Laprade
James Melton
Wood Office Furniture Institute, Inc
St. Louis
Tom R. Pitts
Myrtle Desk Co
Raphael Blessinger
Jasper Desk Co
Jasper
Ind
American-Marietta Company
Pressure Engineering Company of
Presstite
American - Marietta
American -Marietta Company
Pressure Engineering Company
Coca Cola Introduces New 26 Ounce Family Bottle
Coca Cola debuts a 26 ounce family bottle expected to shift buying habits. Early sales target homes, with limited rollout in Thomasville area and broader distribution still forthcoming as public consumption trends move from drugstores and parks to home use.
MENTIONED IN THIS ARTICLE
Coca-Cola
Thomasville
Telephone Meeting Reports Growth and Expansion Plans
North State Telephone Co. announced at its stockholders meeting that it added 1 660 new stations in 1955 and reduced back log requests to 710. The company plans a half million dollar borrowing to fund future expansion as its directors and officers were reelected. A new directory for Southern furniture manufacturers lists 360 members across 14 states with North Carolina housing about half.
MENTIONED IN THIS ARTICLE
North State Telephone Co
John S. Welborn
Velva G. Hayden
H. N
Directory of
Southern Furniture Manufacturers
Southern Furniture Manufacturers’ Association
Southeastern
Ohio and
Potomac Rivers
Texas
Oklahoma
Arkansas
North Carolina
Furniture Makers Shift More Shipments To Truck Lines
Southern manufacturers expect to boost furniture shipments by truck after a 6 percent rise in railway freight rates. A Southern Furniture Manufacturers Association survey shows truck use rises with distance, with about 75 percent by truck 400 to 500 miles and over half beyond 500 miles, especially for upholstered items.
MENTIONED IN THIS ARTICLE
Southern
Southern Furniture Manufacturers Association
Second Quarter Sales Outlook From Dun and Bradstreet Survey
Dun and Bradstreet finds higher second quarter net sales likely for 1956 with two thirds of executives predicting gains. Manufacturers especially optimistic about durable goods. profits seen rising by about half, prices up over ten to one versus decreases. Inventory expected steady. employment growth modest with 16 percent hiring.
MENTIONED IN THIS ARTICLE
Dun & Bradstreet
Sales Leader G Reid Marsh Qualifies for 1955 Council
G Reid Marsh, a top 300 salesman for New York Life Insurance, earned a place in the 1955 President's Council and qualified to attend an educational conference in Palm Springs, California, in April.
MENTIONED IN THIS ARTICLE
G. Reid Marsh
New York Life Insurance Company
Palm Springs
Calif
January production up for local furniture makers records set
A Southern Furniture Manufacturers Association survey shows January production and shipments 25 percent ahead of 1955. Unfilled orders at month end exceed 60 days of current shipments. January new orders about equal prior years. February unfilled orders run 33 percent higher than a year ago. The piece notes a rise in U S telephone operators by 159 or 79 percent since 1940.
MENTIONED IN THIS ARTICLE
Southern Furniture Manufacturers Association
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THE
Girl Scouts OF the
U.S.A
United States of America
High Point Savings and Trust Co