JAMES SPENCER LOVE
Ours is the only major industry where prices are lower and yet quality is higherthan ten years ago. We have really done a job on inflation. We have done it by building up productivity faster than we built up wages."
So boasts the top man in the $15 billion-a-year textile industry: North Carolina's young-looking, wiry (5 ft. 10 in., 143 Ibs.) J. Spencer Love, 63, who sewed up a bunch of middling mills into one efficient producer called Burlington Industries, world's biggest weaver. By bringing in modern machinery and management and gambling heavily on the wonder synthetics, Spencer...
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