Springs Industries, Inc. - Textile Company Specimen Stock Certificate

Unissued Stock printed by Security-Columbian United States Banknote Corporation. Fort Mill, South Carolina. Springs Global is a Brazil-based multinational corporation engaged in the manufacturing, marketing, and sale of packaged textile and non-textile home furnishings. It makes textile goods, such as sheets, pillows, bedspreads, towels and bath rugs, under the Springmaid and Wamsutta brands.

The previous owner, Springs Industries, combined its home textile operations with Brazil's Coteminas, and the main manufacturing operations were moved to South America from Lancaster County, South Carolina, where the original plant had provided jobs for nearly one-third of the county's population. After the relocation of manufacturing to Brazil, the resulting structure left the renamed Springs Global US to work alongside Coteminas as the operating units of parent Springs Global; most manufacturing decisions and control originate from the Montes Claros headquarters, while executive control is in the U.S.

In 1887, Samuel Elliott White and others started Fort Mill Manufacturing Co. in Fort Mill, South Carolina. The plant opened in 1888. At one time, the plant employed 2000 and was the largest producer of fabric for bed sheets in the world, but in 1983 when it closed, only 200 still worked there. The White Plant in Fort Mill opened in 1892. In 1959, Elliott Springs died and H.W. Close became president of The Springs Cotton Mills and Springs Mills Inc., adding new plants and products and making Springs a publicly traded company in 1966. A new sales office in New York City, the Springs Mills Building, opened in 1963. Read more at https://en.wikipedia.org/w/index.php?search=Springs+gloval&title=Special%3ASearch&ns0=1

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