Vol. 7, 1973 | CHEM-TEXTS | Page 3
13 Receive 40 Years Service Awards
[PHOTO: Group photo of people]
New members of the Forty Years group of the Twenty Five Years Service Club pose with James Cronin, Factory Manager. From left in the photo are Gene Reale, Peter Machnics, Antonio Henriques, Thomas Doran, James Cronin, Michael Chmielewski, Nicholas Salinardi, Joseph Kolakowski, and Evo Gabriel. Missing from photo are J. Conrad Ranney and Anathor Giancarlo.
[PHOTO: Group photo of people in formal setting]
From left, Dr. Charles McCleary, Director of Research and Development for Uniroyal Chemical, congratulates Mary Sullivan and Beatrice Smey on their Forty Years service.
Robert Swallow, Materials Flow Manager, right congratulates Edwin Saunders (second from right) for his service.
Breen’s
The Biggest Little Store In The Country
Visit our four floors
of famous brands for him and her
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Couture Coats
Tanner Dresses
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Joyce—Naturalizer Shoes
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Cosmetic & Jewelry Dept.
Guerlain | Yves Saint Laurent
Elizabeth Arden | Monet
Nina-Ricci | Napier
Chanel | Marvella Pearls
CHEM-PROD JOTTINGS
by 7 BUILDING CREW
SAFETY: The Monday morning 7 A.M. Safety Meetings are continuing with good success. We are experiencing better attendance than with the previous afternoon sessions. We have achieved 95% of our goal of getting every foreman and operator to at least one meeting every three months.
Chemical Production personnel should be proud of their performance and attitudes toward safety. We have had no lost time or serious accident since September. Keep up the good work.
PRODUCTIVITY: In general, business levels have been good with about half the plant running 7-day schedules. We have started to experience severe raw material shortages with some buildings being shut down for a week or two at a time. We will probably have more of these problems. Finishing productivity rates have been increasing these last few months. This should have a favorable effect on our severe cost problems in this area.
NEW OPERATIONS: The Roylar Plant is on schedule with all of 80 Building cleaned up and ready for new equipment installation. A June start up is expected. The Pre-Treatment Plant has been winterized and in standby condition with start-up scheduled probably in March or April.
QUALITY: The rejection rate has been steadily climbing for the last six months. It is still a lot better than past years, but any rejections cost money (an average 45¢/ pound tied up—300,000 pounds is $13,500). Finishing area has been spotty and in-process control is of particular importance.
Sales Up; Profit Off
Uniroyal set new records during the 3rd quarter and nine months of 1973, but net income declined.
Sales for the third quarter increased 14.8% to a record $489,047,000 compared with $425,901,000 for the same period in 1972.
Sales for the nine months were $1,545,784,000, a gain of 15.5% compared to the previous record of $1,338,549,000 for the same period in 1972.
Profits Decline
The major impact of the government-imposed price freeze occurred in the 3rd quarter and as a result net income declined 61% to $3,019,000 compared with $7,801,000 for the 3rd quarter in 1972.
Net income for the nine months was $35,005,000, a decline of 2.6% compared to the $35,929,000 of last year.
The decline in the third quarter net income broke a string of 10 consecutive quarters in which earnings surpassed those for the same period of the preceding year.
Higher Costs, Tire Market Affect Net Income
A softening in the European tire market and high costs for new constructions in radial ply truck and passenger tires affected income.
Increase Granted, But Insufficient
Although the Cost of Living Council allowed the Company price increases by 50% of the actual cost increases incurred, there is still a need for relief to offset increases in wages, salaries, materials, transportation, higher interest rates, energy, pollution abatement, and supplies required for the company’s operations.
SAFETY IS MY RESPONSIBILITY
Thirteen members of the Uniroyal Chemical Twenty Five Years Service Club were honored for their induction into the select few who contributed 40 years of service to Uniroyal Chemical.
For their years of long service with Naugatuck Chemical which started in 1933 the new members were presented Le Coultre Atmos Perpetual Motion Clocks or Hamilton Wrist Watches.
Three Employees Prevent Fire
Alfred Cignotti, Robert Edmonds, and Tano SanAngelo of the Materials Dept. averted a serious fire in one of the plant’s warehouses when a piece of plastic film caught fire on a shrink machine.
The fire took place on a Saturday morning and was quickly extinguished by the alert action of the three men. The group not only prevented serious injury to themselves and others in the area but also extensive damage to the warehouse facilities.
SAFETY IS MY RESPONSIBILITY
Fahnestock & Co.
(Established 1881)
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