UNIROYAL CHEM-TEXTS
Vol. 5, 1971 | PUBLISHED FOR THE PEOPLE OF UNIROYAL CHEMICAL | No. 3
New Oxford Center Opens
New Stock Plan Offer
A new Stock Purchase Plan will be offered to all employees about August 10.
The offering will be similar in most respects to the 1966 and 1968 Stock Purchase Plans. Approximately 65% of the Naugatuck Chemical employees participated in the ’68 Plan.
The option price will be the median market price of Uniroyal common stock on August 10, 1971.
No later than Sept. 8, 1971, an eligible employee may elect to purchase all or part of the (Cont’d. on page 3)
35 Enroll; 22 Increase Bonds
35 additional employees enrolled and 22 increased their participation in the purchase of U.S. Savings Bonds during the campaign recently conducted at the Chemical plant. 504 of 1500 employees, or 33%, now purchase E Bonds through the payroll deduction plan. The E Bonds pay a guaranteed 5½% interest rate if held to maturity, 5 years and 10 months.
Bond purchases can be made any time through the payroll savings plan by contacting Molly Cobbol, Ext. 218.
Facilities Open To Employees
Uniroyal’s new Management and Research Center officially opened on July 12 after nearly 3 years of construction.
Some 400 people moved into the granite and bronze tinted glass structure that is fully carpeted, air conditioned, soundproof, and set scenically on 118 acres of woodlands and farmland
[IMAGE: Sign reading “Polled Herefords THE BIG BOLD BREED” with UNIROYAL, INC. below]
Not far from the Center are the two Uniroyal Farms where polled herefords are raised for prize showings and prime table stock.
[IMAGE: Modern glass and granite building – Administrative Center]
The Administrative Center, a glass and granite structure set in scenic woodlands, is one of industry’s most modern corporate headquarters. It houses a vast computer system and most corporate functions.
acquired by the Company in Middlebury.
The Center is easily accessible from Interstate 84 (Exit 16) and routes 188 and 64.
Two Centers Opened
Recently opened was the Administrative and Computer Center which houses all of the Corporate functions except the advertising, finance, public relations, legal, and certain sales and other corporate departments. These groups will continue to operate from “1230” in New York City. The other facility is the combined Cafeteria, Guest House and Corporate Conference Center.
The Research Center, the largest of the buildings will open about June 1972 and will consolidate the Corporate Research staff in Wayne, N.J. and the
Research and Development facilities of the Consumer, Industrial, and Plastics Products division. The laboratories will have the most modern equipment and finest instrumentation available in the industry.
Ultimately 1500 employees will be located at the Complex.
Uniroyal Farms
Near the site are the two (Cont’d. on page 3)
[IMAGE: Construction site of Research Center]
The Research Center, which will be completed in 1972, will consolidate Corporate, Consumer, Industrial, and Plastic products research and development.
[IMAGE: Corporate Conference Center building]
Training sessions for employees will be conducted at the Corporate Conference Center. It features a cafeteria, guest house, cocktail lounge and dining facilities which are open to employees and their families.