Articles in regional publications that pertain to a wide range of North Carolina-related topics.
for Rayon industry and trade--Asheville
Currently viewing results 1 - 2
American Enka Corporation came to Asheville in 1928 and later moved its corporate headquarters there. The company produces mostly rayon. After a career with Hercules, Inc., Philip Barton Stull came to Asheville in 1959 as president and board chairman. When he stepped down as president in 1967, gross income had risen from $95 million in 1962 to $185 million by 1967. Total employment rose from 6,300 to 10,000 for the same period due to expanded production.
In 1928, the AKU organization of Arnhem, Holland established the American Enka Corporation in Asheville. In 1929, the stock market crashed. In 1969, the company is a leading producer in manmade yards and fibers and ranks as the fifth largest North Carolina based corporation. The article recounts Enka's achievements over the past forty years and describes the scope of its operations.