Telecommuting, using computer technology and high-speed telephone connections to link employees with their offices from home or other locations, is increasing morale and productivity. IBM in Raleigh and Duke Power Company are employing this technology.
As many banks grow larger, they sometimes target only clients with large asset bases. Franklin Street Partners in Chapel Hill offers investment services to those individuals and institutions that larger banks are no longer targeting.
In an era of increased competition and relatively slow growth, Duke Power's CEO William H. Grigg is guiding the company into new areas such as power development in Latin America and the Pacific Rim, world-wide engineering services, and Duke Net.
The strong ties that have been forged between North Carolina State University and the pulp and paper industry help both maintain high levels of excellence.
Research! NC, a non-profit organization, was formed to educate North Carolina citizens and strengthen their advocacy for additional funding of medical research.
North Carolina has created many initiatives to foster community development and small business enterprises, including the Capital Access Program and the new rural initiative, a $60 million public-private program.
The Southern Appalachian Mountain Initiative is a state-driven voluntary group created by eight southeastern states, including N.C. The organization seeks to foster a cooperative, non-regulatory approach to development and environmental protection.
By 1995, health maintenance organizations (HMOs) are projected to account for 75% of the health care market. In response to this trend, pharmaceutical firms are adjusting their business and marketing practices.
Spring on the Outer Banks means the beginning of another tourist season. Six million tourists visit the Outer Banks each year, and their economic impact in 1993 was $550 million.
Greensboro native Erskine Bowles, U.S. Small Business Administration administrator, reported new proposals for streamlining the SBA and reducing governmental red tape at the North Carolina Citizens for Business and Industry's 52nd annual meeting.
Northern Telecom, located in Research Triangle Park, has won a contract valued at $40 million to supply telecommunications equipment to the Republic of Tunisia.
Governor Hunt and other Global TransPark (GTP) supporters are hoping that Mountain Air Cargo's decision to locate a facility at GTP in Kinston will attract more transportation tenants to the facility.