The story
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.
In 1962, Springs announced a warehouse complex in Fort Lawn, which was followed by the Elliott Plant and the Frances Plant. 650 people worked at the three operations. The warehouses could hold cotton worth more than $19 million.
The Katherine Plant in Chester opened in 1968.
In October 1985, Springs announced the $265 million acquisition of New York City-based M. Lowenstein, the largest merger ever in the textile industry, making Springs the no. 3 publicly held textile company in the United States, as well as the largest maker of sheets with a quarter of the market. The deal gave Springs the premium Wamsutta brand. Springs had previously been considered a possible buyer of Cannon Mills.
On October 21, 1986, Crosland-Erwin Associates and Springs chairman Walter Elisha announced plans for an outlet mall in the Fort Mill plant. The project turned out to be too expensive and it was tainted by the Heritage USA scandal. The Fort Mill plant burned June 28, 1988.
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Springs was the largest industrial employer in South Carolina with $1.7 billion in sales in 1987 and 23,500 employees at 39 plants in six states plus Belgium, England and Japan. About 18,000 people worked at 24 plants in South Carolina.
Springs was the largest employer in Chester County, South Carolina when on May 2, 1988, the company announced a $12 million plant in Fort Lawn to make comforters, draperies and other bedroom items. With 325 new jobs, the county would have 4000 people working for Springs. Already, Springs made bedspreads at the Riverlawn Plant in Fort Lawn.
In August 1988, Springs announced that 200 jobs would be lost at its 93-year-old Lancaster complex. This would reduce the number of employees to 1300, down from 4500 in 1981. The number of fly shuttle looms was reduced during the same period from 7000 to 300.
On October 20, 1988, Springs announced plans to spend $370 million over the next two years on modernization, as well as closing or selling some plants. This would include the Home Furnishings and Industrial Fabrics groups. Already, the White Plant in Fort Mill and the Katherine Plant in Chester were getting $20 million in improvements each, while in Lancaster, 200 jobs were being dropped as a weaving process was ended, and 179 lost their jobs in Anderson, South Carolina with the closing of the Lyons Plant.
In 1989, Springs opened the Close Plant in Fort Mill.
On February 18, 1998 Springs announced it would close the dye and printing plant opened in Rock Hill in 1929 by M. Lowenstein & Sons, laying off 480. 5000 people had worked there at one point.
From Wikipedia’s article on Springs Global, shared under CC BY-SA 4.0.3