https://www.johnsonvilleschistory.org/files/original/c7506010c2e9b0748848b38fe5e6eb4c.pdf c19cef29b380e6335797863d4e9ea6b9 PDF Text Text WELL WELLMAN, INC. T Summer, 1992 Wellman Teamwork Prevails Front row, L-R: Jeanne McGowan, Alex Hovsepian, Dennis Sabourin, Judson Abraham, Michelle Sabourin, Harry Benson, Sherry Sherwood. Back row, L-R: Carrie Christenson, Joan Christenson, Cliff Christenson, Leah Abraham, Jay Abraham, Michael Goodman, Audrey Goodman, Mair Petracco, Pete Petracco. Missing from photo: Anne Barre. THE "Wellman Walkers" strutted their stuff for a good cause. On Sunday, May 17th, Shrewsbury employees and their families joined forces for a Great Strides Walk to benefit the Cystic Fibrosis Foundation. The lOK (6.2 miles) walk took place on a stretch of the boardwalk along the Jersey Shore. Despite the cloudy skies and cool breezes off the ocean, we all managed to cross the finish line. Our youngest team member, Judson Abraham (21 months), walked the first K and with the help of Dad (Jay), strolled across the finish line in style 45 minutes later. Over $2,000 was raised by the "Wellman Walkers" efforts and we look forward to participating again next year. INDEX THOUGHTS ................. 2 AWARDS .................... 3 SAFETY ..................... 6 QUALITY ................ 8 & 9 PROFILES .............. 10 & 11 PEOPLE .................... 12 FINANCE ................... 14 PAC ........................ 16 �SEAQUIST SUPPLIER AWARD Staff EDITOR: JILL BARNICK I'm happy to announce two awards we've won in the past several weeks: the Seaquist Certified Supplier Award and the Springs of Achievement Award (page 3). Now, that's Quality. NEW YORK CORRESPONDENTS: DAL AVANT JOHNSONVILLE ENRIQUE BARCENA COMMERCE WILLIE BETHEA In the area of expansions and acquisitions, see the stories on the PET Bottle recycling and wool top production expansions - page 4. As Wellman continues to grow, the Quality Improvement Process becomes even more important in our goal to maintain a world-class leadership role. nUALITY continues to be our ~ important story, in the Network News as well as in our organization. April found us in South Carolina at the Quality Sharing Rally, a day of total commitment to experiencing the Wellman Values, our Vision of Excellence. A lively cross-section of the organization shared ideas, plans, creativity and an excellent lunch! Thanks to the magic of video, all of you soon will be able to experience what a great day this was for those of us who were fortunate enough to attend . We had a firsthand look at how successful this Quality Improvement Process can be through teamwork and strong commitment. And I hope no one gets tired of hearing me say just how committed I am to Quality! In the Quality video, "The Human Touch," you'll see that we recognize that our people are our finest asset, and we are continuing to introduce our people to you in the pages of the Network News. This is proving to be very well-read and popular, and we're hoping that you all keep these "personality" stories coming. Contact your site reporter if you have a candidate. We plan to include 2-3 per issue. Last, but certainly not least, I want to personally congratulate the 1992-93 winners (page 15) of the Wellman Scholarships. I know your parents are very proud of you, and you continue to be a source of great pride to Wellman. FAYETTEVILLE ALISON DEYETTE NEW YORK ADRIENNE GREEN PALMETTO JUDITH LANGAN NEW YORK STEVE LEFEVRE CHARLOTTE FRANCES OWENS JOHNSONVILLE JILL REA SHREWSBURY RYAN SCHOLZ Left to Right: Carroll Burrows, Michael Prosser, Lewis McKnight, John Edwards, James Walker, Frank Stewart, Ron Howard Carroll Burrows (Plant Manager of the Engineering Resins Division), Frank Stewart (Quality Control Manager), James Walker (Production Supervisor), Mike Prosser and Lewis McKnight (Production Operators) and John Edwards (Engineering Resins - Sales). JOHNSONVILLE SCOTT SPRING CHELMSFORD ERNIE TAYLOR CHARLOTTE PRODUCTION: CATHY CHIARELLI NEW YORK SHEILA FRIEDBERG NEW YORK Published quarterly for employees of Wellman, Inc. and their families. Have a great summer! @ Printed on recycled paper 2 On April 9, Ron Howard, Materials Supervisor of Seaquist Molding Center, presented the Seaquist Certified Supplier Award to the Wellman Engineering Resins Division at Johnsonville. CERTIFIED is the highest Award level that Seaquist gives to its suppliers. Seaquist is a major customer of the Engineering Resins Division, purchasing nylon compound for the manufacture of aerosol valves. Seaquist valves are used in many popular household and cosmetic sprays. Seaquist started its Quality program in 1986. Wellman was invited to work in a supplier partnership by Rick Strieter, Vice President of Operations, during a plant visit in 1989. Wally Kedzlor, Quality Manager, conducted a quality audit of the Engineering Resins Division in 1991. Among the measurements for the award are rejected products and late shipments, and Wellman had perfect scores in both categories. The award was received by SPRINGS AWARD On March 31, Springs Industries, Inc. presented a Springs Achievement Award to the Fibers Division of Wellman, Inc. The award was given to Tom Duff, President and Chief Executive Officer, and Jim Casey, Vice President of Marketing, in recognition of the Palmetto Plant's products and service. John Anderson, Bill Nugent, Joe Tucker and David Reed were also in attendance. The awards are given by Springs to suppliers who are dedicated to improvements through one or more of the seven values of The Springs of Achievement. The values are quality, service, creativity, personal and family well-being, education, respect for history, and planning for the future. ''The Springs of Achievement Awards grew out of partnerships we initiated with key vendors to foster better understanding and cooperation for mutual benefit,'' said Robert S. Hudspeth, Springs' Vice President-Purchasing. "The partnerships are resulting in improvements in Springs' quality, cost and service, and repeat business for our suppliers." Springs is one of the nation's largest textile companies, with 44 manufacturing plants in 10 U.S. states, Belgium and England. Springs has 21,000 associates worldwide. 3 Carroll said after receiving the award, "Our objective is to improve our scores in the other categories in which Seaquist audits us . We will be working closely with the customer to better our performance in 1992." Congratulations to all concerned! �Wool Division to Expand Wool Top Capacity In June, Wellman announced that it had acquired the wool top and scoured wool sales operation of A.H. Helmig & Co., Inc. Helmig is a wool top maker serving the apparel and home furnishings markets. This equipment, which is expected to be on-line in late 1992, will increase the Wool Division's annual wool top production capacity by approximately six million pounds or 37.5 percent, bringing the Division's total annual wool top production capacity to 22 million pounds. ''The acquisition of the Helmig business will make Wellman a full service supplier of wool top, scoured wool, shrink-treating and antimicrobial-treating to textile mills serving the apparel and home furnishings markets. The company is also in the unique position of offering distinctive blends of wool and synthetic fibers, including Fortrel® polyester. We look forward to offering the marketplace quality, service and reliability consistent with our goal of being a world-class supplier of wool products," says Tim Draper, vice president, Wool Division. The company also plans to order new, state-of-the-art wool scouring equipment to replace older machinery in the division. All of the new equipment will be installed in the Wool Division's existing facility in Johnsonville, SC. The Wool Division's expansion reflects continued strong demand for its wool top, high plant capacity utilization and the successful introduction of its direct sales program. We wish the Wool Division, which had an excellent 1991, continued success and much good luck with its expansion. Wellman Announces Plans to Expand PET Bottle Recycling Capacity I "We plan to recycle 200 million pounds of postconsumer PET bottles by the end of 1994," said Tom D uff. This was part of Wellman's announcement of plans to expand its capacity to process postconsumer polyethylene terephthalate (PET) soft drink bottles at its recycling operation in Johnsonville, SC. The expansion is expected to be completed in phases over the next two years and will be facilitated primarily by the addition of a new building and new equipment at the Johnsonville site. The cost of the expansion is included in Wellman's two-year capital investment plan. " Our expansion reflects the increased availability of PET bottles from curbside recycling programs across the country and Wellman's resultant plans to obtain and recycle more PET bottles from these programs. Although the supply of PET bottles from curbside recycling programs is expected to grow, it is more difficult to process than the supply of PET bottles from deposit return programs due to the presence of other plastic containers in the curbside waste stream. Based on our expected additions to PET bottle recycling capacity and mix of deposit and curbside PET bottles, Wellman intends to increase its ability to recycle postconsumer PET bottles from approximately 110 million pounds annually to approximately 200 million pounds annually by year-end 1994," stated Tom Duff in a message released to the press. The incremental PET bottles from curbside recycling programs will replace higher-cost raw materials at its domestic polyester staple fiber production facilities. In addition to expanding PET bottle recycling capacity, plans are being made to improve R&D facilities for its recycling operation for the continued development of additional waste raw material sources and recycling technology. 4 EARTH CONCERNS BLOOM A s the concern to keep the earth green continues to grow across the nation, hardly a month goes by without Wellman being invited to participate in an environmental show, seminar or event. On a wet and chilly weekend in April amidst roses, tulips, daisies and fuchsia, Alison Deyette, Jill Barnick, Alex Hovsepian, Dennis Sabourin, Sheila Friedberg and Judith Langan joined other ex- hibitors at the New York Botanical Gardens at their Third Annual Green Earth Expo themed "Working Toward a Greener World." This Expo was aimed at educating the children, and our mission was to show them exactly what happened to the beverage bottles that they take back to the supermarket or recycle at their curbsides. Our hope was to educate them, thus motivating them to act on their environmental concerns. Our large display dominated the exhibition tent and our large photos and clear cases of recycled green and clear pellets beckoned to the children, encouraging them to "dig in." Many of them wanted to take samples home and by the end of the weekend our carefully separated pellets were all mixed together. Some of the other exhibitors included Pfizer Inc., AT&T, Marcal Paper Products and the NYC Department of Transportation. In the entertainment tent, families were delighted with performances by Cliff Wright Sunflower from Bear Honey Farms with his bee stories, Steve Tomcek "That Science Guy" from WNBC-TV, a children's show, and a psychic who read her crystal ball and children's palms to tell them what their environmental future would Students at New York Botanical Gardens Eco Expo • Los Angeles Tom Bavaria at Eco Expo Center ~ We Recycle 5 ) --..:·-..ir , ' be. We think their futures will be bright if they take all that they learned at the Green Earth Expo and put it into practice. Educating the masses was what made the second annual Los Angeles Eco Expo in March such a success. The messages were clear and not forgotten, "If you're not recycling, you're throwing it all away," "Save the Rain Forests,'' ''Write to Bush: Tell him to go to the World Summit for the Environment to be held in Brazil" (which he later, under pressure, agreed to attend), "Plant a Tree," and many more. A recent update of the event shows attendance reached 33,000, with 384 exhibitors occupying over 700 booth spaces, plus several added features helped spice up the 1992 show; exhitors enlarged their displays, an Eco-fashion show featured clothing and accessories made of cork and inner tubes, plus the L.A. Children's Museum's "EcoCity," where kids built a futuristic city using discarded materials. The Eco Expo heightened audience awareness and generated new business for all exhibitors. And, in a related event at the Children's Museum of Manhattan, CRinc., along with the town of Poughkeepsie, contributed to an Earth Day celebration. The town donated bottles from curbside pick-up and CRinc. molded the crushed containers into benches. The museum had speakers to teach kids about the importance of recycling and caring about the environment. N ext stop ... San Francisco. The "Eco-team" will be attending the next Expo in September. �SAFETY Wayne Clary said he and his men don't fix washing machines but at times they still feel like the Maytag repairman. Clary likened the Emergency Brigade of the Palmetto Plant to the popular television commercial, saying, "We're there, but we don't get that much experience. I think we have one of the top brigades in South Carolina," said Clary, the plant safety supervisor, also in charge of the Emergency Brigade. Clary said many insurance companies have told him the Palmetto Plant's brigade is the best trained outfit they've seen. The brigade maintains about 60-80 volunteer members, who train a minimum of 48 hours per year. Twelve to 15 state-certified emergency medical technicians are on the squad. The brigade members train in a variety of fields - fire protection, first aid, rescue procedures and chemical emergencies. The training includes hose handling, mock fires and medical emergencies. "They're all cross-trained and they can all do anything,'' said Clary. "Just two years ago there was an incident in which a contract employee, while eating lunch in the canteen, had heart failure," said Clary. ''The emergency alarm was pulled and the Emergency Brigade arrived on the scene immediately. For 20 minutes they performed CPR until the E.M.S. arrived and took control of the situation. At about the same time the company doctor showed up and gave the patient some kind of injection. He then rode with the E.M.S. and patient to the hospital. By the time they left the man was breathing,'' confirmed Clary. ''The doctor later wrote a letter to the Emergency Brigade praising them for their work . "Without you the man would not have survived." This is a testament to the Brigade's training and effectiveness . Brigade members are from all ranks of the plant's population," said Clary, who added the first responsibility of a brigade member is to answer the call when an alarm sounds. The Emergency Brigade formed in early 1974, Clary said, and several members of the current squad have been involved since the start. In the plant's early days the brigade was called about once a month, Clary said. However, in recent years emergency-related calls have dwindled to three or four per year. Most situations get resolved in about 20 minutes; Clary said, "It's not real dangerous, but it's a lot different than their regular jobs." The brigade is outfitted with state-of-the-art equipment, Clary said. "To have a good brigade, it takes a heck of a lot of time . . . a heck of a lot of planning,'' he said. Many brigade personnel are also members of their community fire and rescue groups, Clary said. Safety Talk Contest Wayne Ivey, a Wellman Fayetteville Plant employee, finished third in the North Carolina Southeastern Safety Talk Contest. Twelve contestants represented their counties in a timed, judged, seven-minute presentation. The annual safety talk contest is sponsored by the North Carolina Industrial Commission, and has been a significant factor in accident prevention. Employees compete for honors of being the best in promoting safety on or off the job. The winner of this regional contest has the honor of representing his or her company in the state-wide contest. Wayne's presentation contained - Slow Day for Those In the Safety Brigade ,.J • Wayne Ivey information on hand safety, with the Safety Problem Solving Team's involvement shown in the Fayetteville Plant to eliminate hand in- s juries or hazards. Congratulations were welldeserved for Wayne since he did an outstanding job in his presentation. "State of Wellman" Cliff Christenson presents his portion of management address to Shrewsbury office. Asst. Treasurer, Audrey Goodman Is In the foreground. Second Annual ''State of Wellman'' Address Tom Duff, Wellman's President and CEO, and Cliff Christenson, Vice President and CFO, traveled to all of the Company's east coast facilities in April to present the second annual "State of Wellman" address to all employees. Between Monday, April 6 and Friday, April 10, they delivered their hour and a half presentation 17 times to approximately 800 employees at nine locations. Their hectic tour began in the New York office and then went to the Fayetteville Plant, the Bonded Fibers Division and Parkway Plaza office in Charlotte, the Johnsonville Plant, Famous Pizza in Hemingway, the Marion Facility, the Palmetto Plant, CRinc. 's offices in Massachusetts and then home (weary and hoarse), to the corporate offices in Shrewsbury. Cliff Christenson began each presentation with a review of the company's operations, which was very helpful in light of all the organizational, management and division name changes that have occured over the past year. He then reviewed Wellman's financial performance, concentrating on 1991, and described how the company's employees (and shareholders) impact on and have benefitted from the company's performance. Tom Duff reviewed the current state and recent history of the polyester staple and POY markets and Wellman's position and performance in these markets (for which mainly kudos were in order). He outlined the future challenges to the fiber industry and Wellman, and how we must prepare to meet them. As part of this, he described the company's capital investment plans for the next few years, highlighting the strategies and major projects to be under-taken by the Fibers Division, the Recycling Division, the divisions within the Manufactured Products Group, CRinc. and the company's European operations. Mr. Duff ended the presentations with a discussion of Wellman's Values Statement, our Vision of Excellence, which states the principles we, as a company, will strive 7 to effect so that all of our employees, customers, shareholders and suppliers continue to be proud ofus. Interesting question and answer sessions followed the presentations. Most questions were directed to Tom Duff, who greatly enjoys the Q&A part and requests more questions next year. No questions were directed' to Cliff Christenson, who said that next year he would like to be asked how he stays in such great physical shape. Employees who attended the presentations came away fully informed and enthusiastic about the company they work for. While there is always room for improvement and plenty of work ahead for everyone, it certainly sounds like our management has a winning and exciting future planned for Wellman and its employees. We employees extend our sincere appreciation to Tom and Cliff for taking the time to visit and inform us. We look forward to seeing you both next year. �11 FJL\11\ \\Jl 1-:'i QUALITY RALLY "It is truly remarkable to see the amount of creativity and teamwork that can be generated in such a short period of time," remarked Tom Duff at the close of the first Wellman Quality Sharing Rally held on April 2. One hundred people from throughout the company met in Florence, South Carolina to bring the company closer together in our pursuit of quality excellence. The focal point of the conference was the Wellman Values Statement which is our Vision of Excellence for the company. In the morning, the attendees heard the senior managers of the company talk about what the values mean to them. It was clear to everyone that management is personally and strongly committed to achieving these values. As Tom Duff stated, "This is the right way to run a company." The attendees also viewed a video tape entitled "Do Right," which featured Notre Dame football coach, Lou Holtz. The tape focused on the importance of teamwork and setting goals. It was both inspirational and entertaining. Each team was then given one of the ten values and asked to create a display which represented the value. Each 8 group had a set of materials from which to create their display. The creativity and imagination demonstrated was overwhelming. It clearly showed how much could be done in a short period of time by getting everyone focused on a goal, and then having each person contribute their best to achieving the goal. Specially designed awards are on the way to the winners! The team of John Anderson, Willard Ruggles, Marian Pittman, Audie Dupuis, Rosa Nowlin, Paul Doucette, Joe Eaddy, Randy Wilson, Raymond Haselden, and Maudina Mitchell was recognized as having the best display. A video tape entitled "The Human Touch" has been produced from the Quality Rally and will be shown to all employees during quality awareness training. Without a doubt, the first Wellman Quality Sharing Rally was a huge success. Each person left with a renewed pride in our company and a better understanding of their importance to achieving success . Ask someone who attended what they thought - they will be glad to tell you all about it. 9 �THE MUSIC MAN For 20 years, Jim Davenport, Wellman's media specialist at the Palmetto Plant, has been performing with bands, writing and producing music and perfecting his vocals. "But it's only a hobby," says Jim modestly. He recently went into the studio and produced a six song demo tape to give to friends and family. His brother, a doctor by profession and also a musician by hobby, with his band helped put some of the instrumental music on Jim's tape. Of course, after 20 cult-like music industry. Rhythm and blues and Motown songs of happy times and upbeat music are a hit of the South. You could say they win popularity polls hands down. So what groups are classified as "Beach Music" groups? Jim answers, "The Drifters, Four Tops, Marvin Gaye; all those old danceoriented tunes." Some of his lyrics go along themes similar to Motown songs like, '' Some little girl broke my heart." In college Jim studied graphic A Rose By Any Other Name ritory. He organizes audio visuals, designs computer graphics, takes industrial, landscape and ID photos, creates company art work, puts together news releases and trains others how to use the company's technical equipment. Besides being a devoted musician on his off-time, Jim is an avid science fiction reader. "Isaac Asimov and Arthur Sinclarke are two of my favorites," he says. And when he's not on the job, or writing songs he enjoys piddling around Jim Davenport years Jim is quite accomplished at playing several instruments that include guitar, percussion, piano and organ. That kind of talent came in handy during his high school and college years; as a member of a band he could fill in for any performer's part. Jim sticks to writing and performing what he calls "Beach Music." He claims the title originally came from England and has sparked a arts and after graduation he worked as a stone sculptor for a monument company. He admits he enjoyed designing them, but it turned morbid when they were planted in the ground. His next career move led to a job as a construction engineer and soon after he joined Wellman. "And that's where I've been for 17 years," he says casually with a smile. Jim's job rarely turns dull since "variety" comes with the ter- classic English cars. "I've always owned English cars whether it be a Triumph or an MG." Beach music, English cars and the far reaches of space and the future fascinate Jim Davenport, plus spending time with his 13-yearold daughter, Caycie adds more fun and love to his life. When you want Jim, just reach out and he'll be there. Some people might believe the old saying that a rose is a rose is a rose. Bud Batts knows differently. Batts, a maintenance superintendent at the Palmetto Plant, is a consulting rosarian - a person recognized as an expert about roses. A rosarian is also responsible for the encouragement of rose growing. Batts began growing rose bushes as a hobby in 1969 after he gave his wife, Roberta, a dozen rose bushes for a Valentine's Day gift when they moved into their Quinby home. Ten years later, Batts became involved with the American Rose Society. As his interest in his hobby blossomed so did his enjoyment. Batts exhibits roses, is a judge at rose shows and is president of the South Carolina Rose Society. Citing the rose's reputation as "Queen of the Flowers," Batts said, "It comes across a little more special when you give someone roses.'' The 40 rose bushes, located at the Palmetto Plant are cared for by Batts, along with 200 bushes at the Batts' new home in Florence and 125 bushes in Florence's Timrod Park. After the death of the rosarian who had been caring for them, Batts was asked to help care for the park's rose bushes. The city of Florence couldn't maintain the park's original 600 bushes which were planted with donations and the neighborhood's help. However, interest soon faded and the bushes again fell into bad shape, Batts said. ''Some people might believe the old saying that a rose is a rose is a rose''. .. .Bud Batts knows differently... Budd Batts 10 11 The city wanted to make the area into a parking lot, but the neighborhood again intervened. This time a deal was struck; the city would pay for a reduced number of bushes and Batts would care for them. "Many people think roses are hard to grow, but you just have to spend a little time every week. A little water, a little spray and some fertilizer, then you 're ready to go," Batts said. Difficulty in growing rewarding roses was one of the reasons why Batts and his wife, also a rosarian, moved to Florence, Batts said. Adequate sunlight sometimes was a problem there, he said. Batts and his wife grow a variety of roses, from minature to large garden roses. Batts' interest in roses may stem from helping his mother plant a small rose garden at their home in the late 1940s. Batts can now tell the different varieties of roses and their histories. For instance: During one of the many French and English conflicts, the British navy would allow the French ships to transport rose cuttings. "No guns or groceries, but you could transport roses," Batts said. �Fayetteville Plant Idea Winners The Fayetteville Plant continues to have a very active and successful Plant Improvement Idea Program. Each month, a "Submitter of the Month'' is chosen to recognize employees for their interest and participation. This is a random selection, made from all ideas submitted during the previous month. The Fibers Division and Family Circle MAKE MUSIC TOGETHER The 1991 idea "Submitters of the Month" were: Left to Right: (front) Lonnie Mclaurin, Gladys Gilmore; (rear) Mary Glaspie, Mark Taylor Willie Alford, Randy Barbour, Cary Dudley, Jeff Fisher, Jimmy Fisher, Gladys Gilmore, Mary Glaspie, Lonnie McLaurin, Philip Neill, Mark Taylor (see photos), Judy Ake and Paul Williams (not pictured). The winner of the month is awarded a special parking place for the month and receives additional recognition via the communication center and bulletin board postings. The idea program represents a primary source for continual teamwork at the facility. All Fayetteville employees deserve thanks for their involvement. t Left to Right: Willie Alford, Cary Dudley, Randy Barbour, Jimmy Fisher Left to Right: Jeff Fisher and Philip Neill 12 The Fibers Division and Family Circle magazine worked together on a celebrity fashion editorial in the Music City Capital of America -Nashville, Tennessee. We photographed three country music stars in red, white and blue clothes of Fortrel from key manufacturers for Family Circle's July Americana issue. By coordinating a photo shoot with Family Circle, we are able to reach 29 million readers on a very small budget. Alison Deyette, Family Circle's fashion editors, photographer Michael Halsband and his assistant, flew into Nashville for six days of shooting and publicity. We first shot Tanya Tucker at her large Tara-like home high on a hillside that overlooks two ponds. Tanya was great to work with. She rarely complained of the cold as she stood in a sleeveless pantsuit or T-shirt and jeans in 45 degree weather while we stood layered in sweaters and jackets. She kicked, jumped, swung around and shook her hair, all with ease in front of the camera and always with a smile. And as day turned into night, our photographer devised several lighting tricks so that our last shot of Tanya reclining in a 1950's powder blue convertible Chevy looked as if she was enjoying a bright, sunny day. We then shot newcomer and twice Grammy-nominated Trisha Yearwood in the Ryman Auditorium; the original stage for the Grand Ole Opry. While not as comfortable with having her picutre taken, she sang along to her favorite tunes on the stereo. She 13 especially liked Bonnie Raitt's "Let's Give Them Something to Talk About," so we played it about 20 times before she asked for a change. On our last day we drove about a half hour outside of Nashville and ventured deep into the woods to Barbara Mandrell's 20,000 square foot log home. Bad weather caused us to shoot indoors or along the exterior walls, but Barbara was a trooper. She is a very petite woman but still worries about how she looks in the camera, and she didn't want an extra inch to appear. Once the work was done we had to leave Nashville behind, but not without plenty of hearty handshakes, hugs and kisses from our female music stars and plenty of invitations to return. �FINANCE WELLMAN SCHOLARSHIPS 1992-1993 Wellman Inc. Announces 17.5°/o Increase In Net Earnings for First Quarter of 1992 Wellman Inc. is pleased to report that net earnings for the first quarter ended March 31, 1992 increased 17.5% to $12.2 million from $10.3 million reported for the first quarter of 1991. Earnings per share for the first quarter of 1992 were $0.37, a 15.6% increase from the $0.32 reported in the year-ago quarter. Sales and operating income for the first quarter of 1992 were $207. 5 million and $28 .4 million, respectively, compared to $191.6 million and $25.8 million, respectively, in last year's first quarter. Operations Overview The increase in first quarter sales compared to the year-ago first quarter was primarily due to higher sales in the Fibers Division, resulting from increased volumes, and, to a lesser extent, sales increases at all of the company's other U.S. operations. Sales reported for the company's Irish fiber subsidiary, Wellman International Limited, declined slightly, despite higher volumes, due to lower selling prices and foreign currency translation. Demand for domestic fiber products including Wellman's Fortrel® textile and fiberfill and carpet fibers remained good during the quarter and, recently, there has been upward pressure on some polyester fiber prices. In Europe, demand and selling prices for WIL's fiber products continued to be fairly steady. Overall European fiber market conditions, however, remain weaker than in the United States. Capital Investment Program Wellman plans to significantly increase its capital expenditures for several of its operations over the next two years in order to maintain the leadership positions and competitiveness of these businesses over the long-term. The company currently estimates capital expenditures of up to $160 million over the next two years. About half of the planned capital expenditures will ~e for upgrading and modernizing equipment in the Fibers Division, and are expected to result in process efficiencies, quality enhancement and capacity expansions. The company also plans to make significant investments in its Manufactured Products Group and in solid-stating equipment to produce polyethylene terephthalate (PET) bottle resin. The increase in first quarter sales compared to the yearago first quarter was primarily due to higher sales in the Fibers Division Recycling Operations In order to take advantage of the increased availability of postconsumer PET soft drink bottles from curbside recycling programs, Wellman plans to expand its capacity to process PET bottles at its recycling operation in Johnsonville, SC. The cost of the expansion, which is expected to be completed 14 in phases over the next two years, is included in Wellman's two-year capital investment plan. Based on the expected additions to capacity and mix of deposit and curbside PET bottles, the company intends to increase its ability to recycle postconsumer PET bottles from approximately 110 million pounds annually to almost 200 million pounds annually by year-end 1994. Wellman intends to utilize the incremental PET bottles from curbside recycling programs to replace high-cost raw materials at its domestic polyester staple fiber production facilities. In addition to expanding PET bottle recycling capacity, Wellman plans to improve R & D facilities for its recycling operation for the continued development of additional waste raw material sources and recycling technology. Wellman's subsidiary, New England CRinc. (CRinc), has signed a contract to build and operate a full-service materials recovery facility (MRF) for Larimer County, Colorado. Including Larimer CRinc. 's network of full-service MRFs now numbers 12-16 in operation, five scheduled to commence within the next year and one awarded. In addition to its MRF activities, CRinc., through its California joint venture, recently began operation of its third glass beneficiation facility in that state. CRinc. is the exclusive North American distributor of the patented Bezner materials sorting technology, which it utilizes in its MRFs, and, in April, became the exclusive distributor of this equipment in the United Kingdom and Ireland. In February 1991, the Company announced the formation of the Wellman Scholarship Foundation, Inc. Under the program $40,000 in college scholarships is awarded to dependents of Wellman employees each school year. Applicants for this scholarship are considered under certain criteria: SAT Scores, class ranking, classes (subjects) taken, letters of recommendation, transcripts, personal essays; how well the applicants express themselves, the applicants' ideas of the future. Once the information has been gathered, winners are chosen based on academics and financial need. Out of the 29 students who applied and competed, seven were awarded college scholarships. For those seven, a minimum of $1000 and a maximum of $4000 will be granted to each of them each year. We are pleased to announce the scholarship recipients for the 1992-1993 school year: NEW RECIPIENTS QUALIFYING EMPLOYEE STUDENT William J. Barrett, Fayetteville Tony C. Moore, Charlotte Samuel D. Howell, Johnsonville Matthew Palmer, Palmetto Don Thompson, Johnsonville Heber Watson, Palmetto John W. Evans, Johnsonville JILL BARRETT JOHN W. MOORE SAMANTHA G. HOWELL MARK C. PALMER JASON THOMPSON JANIE WATSON SHARON EVANS SCHOLARSHIP RENEWALS STUDENT Kevin Honeycutt Anthony Parker Patrick Stone Stephanie Humphries Adesha Ross Yvonne Bailey Trina Jones Misty Parker Jennifer Tanner Tamara Goodson Nichelle Swanson Sandy Barnes Andy Barnes QUALIFYING EMPLOYEE James Honeycutt, Palmetto Jerome Parker, Johnsonville Wayne Stone, Johnsonville Jeffrey Humphries, Johnsonville Mickey Ross, Fayetteville James Bailey, Palmetto Richard Jones, Palmetto Herman Parker, Johnsonville John Tanner, Johnsonville Carl Goodson, Palmetto Al Swanson, Johnsonville Sarah Barnes, Palmetto Sarah Barnes, Palmetto STUDENT William Hanna Cammie Powell Tammi J elovchan Jenny Underwood Tonya Bazen Susan Robinson Brian Sims Arthur Powell Jennifer Hannah Jimmy Williams Tammy Brookens Kelvin Baggett Michele Thaw QUALIFYING EMPLOYEE Judy Hanna, Johnsonville Carey Powell, Johnsonville Vence Jelovchan, Johnsonville Carl Underwood, Fayetteville Linda Bazen, Johnsonville Sheila Hayes, Palmetto Earl Sims, Palmetto Kathy Powell, Johnsonville Harry Hannah, Palmetto Cheryl Williams, Johnsonville Renette Brookens, Johnsonville Wendell Baggett, Fayetteville Larry Thow, Palmetto Wellman is indeed proud to provide these scholarships and wishes the award recipients much success in the upcoming school year. 15 �Wellman Forms Political Action Committee With sounds of the 1992 Democratic and Republican conventions and presidential and local elections in the air, all minds are focused on who to vote for and why. In order to support those candidates who best will serve our interests in Washington, Wellman has established a Political Action Committee (PAC). A PAC is a legal way for a group of people, such as certain employees of a company, to combine its political contributions in order to have greater impact. Early in July, salaried executives, various salaried managers and administrative personnel received information regarding the establishment of our PAC. The Wellman PAC was formed in response to proposed new laws and regulations in the recycling field, a key area for Wellman, as well as governmental actions within the tr:ade area that will impact our fiber business. Via voluntary and confidential employee contributions, the PAC enables Wellman to donate monies in the company's name, to candidates for political office. Our goals are to help elect members to Congress who are supportive of business; and to become a stronger, more active player in the legislative areas that affect our business. By helping us achieve these objectives, this PAC should ultimately prove beneficial to all of us. The administration of the PAC, however, should have no impact on employees or their jobs. By law, salaried foremen and supervisors and the hourly employees whom they directly supervise are not eligible to participate. Contributors to the PAC (eligible salaried executive, managerial and administrative personnel) and the amounts of their contributions will be known only to the PAC's nonemployee treasurer in Washington, DC and to payroll personnel in the case of payroll deductions . PACs operate on a strictly voluntary and confidential basis. The Board of Directors of the PAC is comprised of Dennis Sabourin, Chairman of the PAC, and Jill Rea from the Shrewsbury, NJ office, Stephen Katz from New England CRlnc. in Chelmsford, MA, and Doug Noble from the Charlotte office. The directors are responsible for researching and awarding contributions to congressional candidates who meet certain criteria relevant to Wellman. The list of candidates which the PAC supported and amount of contributions given to them will be published periodically. PACs have become an effective and positive way for companies to address the regulatory and legislative actions that affect their business interests. Thousands of companies, including some of our customers and competitors, have created PACs and, as a result, have created a potent business voice in Washington, DC. The Wellman PAC represents a positive way to be involved in government, achieve our business and political objectives and help ensure a bright and successful future for our company and ourselves. BULK RATE U.S. POSTAGE WELLMAN, INC. JOHNSONVILLE, SC 29555 PAID JOHNSONVILLE, SC PERMIT NO . 9 ®. WELLMAN, INC ~ "' Wellman, Inc, Johnsonville, South Carolina 29555 Jim v A lJ1lliams Rt . 3, o 316 He ingw Y sc e9554 16 � Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Wellman Topics Subject The topic of the resource Wellman Inc, Wellman Combing Company Description An account of the resource Over the years, Wellman Inc. created an employee magazine detailing goings on in Johnsonville and with the company. Various surviving copies of this magazine are digitized in this collection. Creator An entity primarily responsible for making the resource Wellman, Inc. Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Wellman Topics Summer 1992 Date A point or period of time associated with an event in the lifecycle of the resource 1992