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Springs Mills, Inc. - Specimen Stock Certificate - Now Known as Springs Global Based in Brazil

Inv# SE2405   Specimen Stock
State(s): South Carolina
Years: 1888

Stock printed by Security-Columbian Banknote Company.

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 1895, Leroy Springs and others started Lancaster Cotton Mill in Lancaster, South Carolina. Springs also bought the Chester and Cheraw Railroad, renaming it the Lancaster and Chester Railroad, or L&C. Lancaster had the largest print cloth factory in the world in 1939.

In 1948, Springs opened the Grace Plant on the Catawba River near Lancaster at the site of a former locomotive shop. The company made consumer products for the first time. 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/wiki/Springs_Global

Condition: Excellent

Stock and Bond Specimens are made and usually retained by a printer as a record of the contract with a client, generally with manuscript contract notes such as the quantity printed. Specimens are sometimes produced for use by the printing company's sales team as examples of the firm’s products. These are usually marked "Specimen" and have no serial numbers.

Item ordered may not be exact piece shown. All original and authentic.
Price: $51.00