Adams-Millis Corporation
The Adams-Millis Corporation was founded by John Hampton Adams and James Henry Millis in 1904 and became a leading hosiery manufacturer. Headquartered in High Point, N.C., the company by 1988 employed over 3,500 people and operated 16 factories under the leadership of its chairman and chief executive officer, James H. Millis, Sr. At that time one of its major clients was the Sara Lee Corporation, for which it produced Hanes brand socks. The idea of Sara Lee's acquiring Adams-Millis first arose in 1985 and meetings between Sara Lee and Adams-Millis officials concerning the prospect began in late 1986. The concept came to fruition in October 1988, when Adams-Millis's stockholders approved the acquisition agreement reached in June of that year.
From the guide to the Adams-Millis Corporation Records, 1985-1988, (University of North Carolina at Chapel Hill. Library. Southern Historical Collection.)
The Adams-Millis Corporation, a hosiery manufacturer, was founded in 1904 with headquarters in High Point, N.C. Adams-Millis produced socks for a number of different companies. One of its major clients was the Sara Lee Corporation, for which it manufactured Hanes brand socks. The idea of Sara Lee's acquiring Adams-Millis arose in 1985, when Adams-Millis was under the leadership of chairman and chief executive officer, James H. Millis, Sr. Serious meetings between Sara Lee and Adams-Millis officials concerning the prospect began in late 1986. The concept came to fruition in October of 1988, when Adams-Millis's stockholders approved the acquisition.
From the description of Adams-Millis Corporation records, 1985-1988. WorldCat record id: 38525622
Role | Title | Holding Repository | |
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creatorOf | Adams-Millis Corporation. Adams-Millis Corporation records, 1985-1988. | University of North Carolina at Chapel Hill | |
referencedIn | Wilmington Trust Company. Trust Dept. Investment analysis files ("A"), 1909-1959 (bulk 1931-1954). | Hagley Museum & Library | |
creatorOf | Adams-Millis Corporation Records, 1985-1988 | University of North Carolina at Chapel Hill. Library. Southern Historical Collection |
Role | Title | Holding Repository |
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Filters:
Relation | Name | |
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associatedWith | Millis, James Henry, 1923- | person |
associatedWith | Sara Lee Corporation | corporateBody |
associatedWith | Wilmington Trust Company. Trust Dept. | corporateBody |
Place Name | Admin Code | Country | |
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North Carolina |
Subject |
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Consolidation and merger of corporations |
Hosiery industry |
Occupation |
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Activity |
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Corporate Body
Active 1985
Active 1988