Hickory Springs prospers thanks to Parks Underdown and several managers
The Hickory Springs Company succeeded to the present day because it operated as a corporation rather than depending on the leadership of one man, namely Parks Underdown. It benefited from his ideas but did not close down like the other businesses when circumstances were bad.
Citing this Excerpt
Oral History Interview with Sidney Leneer Pete Underdown, June 18, 2000. Interview I-0091. Southern Oral History Program Collection (#4007) in the Southern Oral History Program Collection, Southern Historical Collection, Wilson Library, University of North Carolina at Chapel Hill.
Full Text of the Excerpt
- KATHLEEN KEARNS:
-
Can I ask you one more Hickory Springs question and then we'll stop. Why
do you think that Hickory Springs managed to survive and grow the way it
has when all of Parks's other businesses-or most of
them-went under in one way or another? What was the
difference?
- PETE UNDERDOWN:
-
Well, of course I don't like to say that anything great happened while I
was here, but it was a start, because it was about gone too. And we just
decided that we didn't have to depend on any one person, that we could
operate as a corporation and got it incorporated. And I think that was
the start of it.
And as I say, Parks was a visionary. He went out and found things to
make. He wound up with this foam deal somehow. I don't know how he got
it, but he got it. And that was a big boom to him. That put him right in
the lead of where he was. And then Bob Bush and Neil have done a
wonderful job with the rest of it. And I think maybe if it hadn't been
for Bob and Neil it might have gone under at one time. But Bob was kind
of a salesman like Parks was. He could sell you almost anything. And
Parks could do that. Now he could sell you most anything that you ever
heard of.
- KATHLEEN KEARNS:
-
So none of those other businesses were incorporated?
- PETE UNDERDOWN:
-
Oh, no. They were just worked out of your back pocket.
- KATHLEEN KEARNS:
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So that was really crucial.
- PETE UNDERDOWN:
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Newton Furniture is an example of that thing. When business got bad,
everybody wanted to back out. And Earl Newton got a chance to sell his
part of the building to Hickory Springs. He was glad to do it.
- KATHLEEN KEARNS:
-
This was what became Brookford?
- PETE UNDERDOWN:
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Brookford.