Proximity Mill, Original Building, n.d.

n.d.

Proximity Mill, Original Building, n.d.

When Proximity Mills opened in 1895, it housed 7,600 spindles and 250 looms. According to historian Philip T. Noblitt, the mill turned a profit immediately and, within three years, yielded a twenty-five percent return on investment. From Carl J. Balliett, World Leadership in Denims Through Thirty Years of Progress; Dedicated to the Founders of the Cone Mills at Greensboro, North Carolina (Greensboro, NC: Proximity Print Works, 1925), n.p.