Norman W. Paschall

Norman W. Paschall Company, Inc. (“NWP” or the “Company”) is a privately held corporation established in 1946.  The Company is a processor of by-products from textile spinning mills, cotton gins, and apparel and carpet manufacturers.  The Company, operating out of Peachtree City (Georgia) and Kennett (Missouri), purchases predominately cotton and synthetic by-products and converts them for uses in a variety of industries.  The Company also acts as a broker, purchasing and merchandising by-products that do not require processing.  NWP obtains by-products from textile manufacturers and other locations primarily in the Southeast.  The finished products are then sold throughout the United States and in some international markets for various end uses including spinning, batting, stuffing, padding, medical products, and paper products. One of the strengths of the Norman W. Paschall Company, Inc. is strong marketing and resourcefulness, as well as adapting to changes and opportunities in the market place.  A new product under development is a market for ground carpet scraps from an abundant economical supply of raw materials.  Another new product under development is polyester/viscose non-woven scrap material to process into fiber for spinning. Management’s abilities and relationships are a key determinant of success in the textile industry.  As mentioned previously, the managers of a firm must be adept at locating new market niches.  They must be able to understand new technology for an industry that is increasingly capital intensive.  Strong personal relationships must be maintained with both customers and suppliers.