Page 2 CHEM TEXTS Vol. 2 No. 5
FROM THE FACTORY MANAGER
Dear Fellow Employee:
Technological advances, especially those over the past twenty to thirty years, have rapidly outpaced our ability to understand each other. While new communication devices, such as television and the computer have expanded our ability to send messages faster, little has been done to make sure that these messages are received, for a message is communicated only when it is understood and the intended purpose of the message is accomplished. Man’s inability to complete this communication cycle is largely responsible for the many problems that face society today.
The recent company-wide survey conducted by Opinion Research, in which many of our people took part, has confirmed that we in UNIROYAL are no different in this respect. To accomplish our purposes of growth and job security for all we must — send, receive and thereby reach understanding of our common objectives. While our efforts may be aided by CHEM-TEXTS, letters and other tools, success can only be achieved if we each, as individuals, regardless of our jobs, learn to talk to each other. We must-always remember that communication is a three-way street — UP, DOWN and SIDE-WAYS. While we each may momentarily have different points of view, fair interchange of these points of view will always clarify the larger purpose.
Sincerely,
Moniz’s Hard Hat Prevents Injury
[IMAGE: Photo of Joe Moniz showing hard hat to Sal Aloise]
Joe Moniz, left, shows Sal Aloise of the Safety Department the lump of hard rubber which fell 15 feet onto his hard hat.
Recently Joe Moniz reported to work for the 11-7 shift in the Reclaim Digesting Department. He changed clothes and put on all his proper protective equipment for his job: safety shoes, safety glasses and hard hat. Joe didn’t expect an accident that night but he was prepared for the “unexpected happening”.
While opening a chain valve, a large piece of rubber fell 15 feet and would have hit his head. Fortunately, his hard hat prevented a very serious head injury. Moniz’s hard hat saved him and his family considerable anguish and suffering because he wore the proper safety equipment for his job.
Company Sets Third Quarter Records For Sales And Income
Uniroyal, Inc. set new records in sales and net income both for the third quarter and the first nine months of 1968 despite heavy start-up expenses for several new plants under construction in the United States and abroad, George R. Vila, chairman and president, reported today.
Net income for the third quarter was at a record $12, 769,000 or 91 cents per common share, 68.8 per cent above the $7,563,000 or 51 cents a share reported last year.
Net income for the nine-month period was $42,650,000, equivalent to $3.11 per share of common stock, an increase of 128.5 per cent compared with the $18,663,000 or $1.20 per common share reported during strike-marred 1967.
Sales and operating revenues for the third quarter were $341,874,000, an increase of 18.4 per cent compared with the $288,804,000 reported last year.
Sales and operating revenues for the nine months totaled $1,060,659,000, a gain of 14.3 per cent compared with $928,320,000 in 1967.
PINK COLOR CARS ARE THE SAFEST
A Swedish color expert surveyed 31,000 auto collisions and found that black cars are up to 10 times as likely to be involved in accidents as light or bright colored autos.
Pink was the safest car color, involved in only 2.0% of the accidents.
Special Xmas Offer: Royal Golf Balls
A special Christmas offer of ROYAL Golf balls is available to all Company employees. Orders should be placed with the Employees’ Salesroom on Rubber Avenue from now till Dec. 15.
Prices per dozen are: ROYAL Plus at $9.25; ROYAL at $9.25; ROYAL Red at $9.25; ROYAL Queen at $9.25; and FAIRWAY II at $5.45.
The bonus golf ball policy does not apply on this special offer.
Next to black, the most dangerous colors were all shades of brown and gray. Dark colors were more susceptible to collision because they are the hardest to see against a background of trees or buildings, especially at dusk.
New Maintenance Control Center Speeds Up Repairs
In October, a new maintenance control center was initiated at the Chemical plant for the planning and scheduling of work in the Chemical and Reclaim plants. The Center is similar to the Synthetic control center which has been in operation for five months. The center will be in Bldg. 7 and manned by a staff of four people.
The basic purpose of this system is the organization of communications to and from the maintenance department and all other related plant departments requiring service. With this central control of information, it will be easier to plan and coordinate related work, establish priorities, and take advantage of the flexibility of crews. In addition, job information is accumulated for incorporation with electrical data processing which collects data and disseminates
[IMAGE: Photo of four men at control center]
Receiving and transmitting job orders, and recording data for job information are l to r: Frank Gariano, Pat King, Al Manzi and Frank Zettlemoyer. Receiving information from the Center is Tom Dowling.
reports for future job planning, preventive maintenance evaluation and budgeting.
The broad objectives of this system are: 1) to provide
better service; 2) minimize lost time; 3) reduce maintenance costs; and 4) optimize use of manpower, tools, equipment and material.
Board of Directors Recommend 2 For 1 Stock Split
The board of directors of Uniroyal, Inc. voted to recommend to stockholders that the present common stock of the company be split two shares for one, George R. Vila, chairman and president, announced.
The board called a special meeting of the stockholders for January 14, 1969, to obtain stockholders’ approval of the proposed split.
The board declared a quarterly dividend of 30 cents a share on the common stock, payable December 24 to stockholders of record November 25. The board of directors also announced that
it intends to declare a quarterly dividend of 17.5 cents a share on the newly split shares. This would represent an increase in the quarterly dividend from 30 cents to 35 cents a share on the present shares.
At the January 14 meeting, the stockholders will also be asked to act on the board’s recommendation to increase the number of authorized common shares from 30 million shares with a par value of $2.50 each, to 60 million shares with a par value of $1.25 each and to abolish preemptive rights applicable to the company’s common stock.
The board recommended the stock split with the expectation that it would broaden the market for the shares and increase the number of shareholders. The company now has approximately 49,000 common stockholders.
At the board meeting the directors also declared a dividend of $2 a share on the first preferred stock, also payable December 24 to stockholders of record November 25.
SAFETY IS MY RESPONSIBILITY