Hayworth, a former member of the High Point University Board of Trustees, has been a major benefactor at HPU. The N.C. Museum of History Foundation recently received a $2.5 million gift from the David R. Hayworth Foundation. In 1921 Charles E. Hayworth Sr. bought the plant and shifted its concentration to making desks. At Hayworth’s death in 1928, his widow, Myrtle Hayworth Barthmaier, ran the company until 1955 and remained as board chairman until her death at age 89. Charles Hayworth Jr. succeeded his mother as president. His brother, David Hayworth, became president in 1988. Alma was sold in March, 1990, to a team of five members of the Alma executive staff. Dennis Hunt was president and CEO. At that time, the company had factory and corporate headquarters on Lincoln Drive, with more than 1,500 employees. In February, 1993, the company then known as Alma Industries filed for bankruptcy and closed in 1998. .