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7 results for Business North Carolina Vol. 19 Issue 7, July 1999
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Record #:
4188
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Abstract:
Patricia Eason Pane is the owner of Medical Insurance Assistance of Wilmington. The company assists people in dealing with their medical bills; for example, making correct payments, obtaining refunds, or completing write-offs. Since 1993, Pane has recovered around $3 million for her clients. Prior to starting her business, Pane worked for DuPont in Wilmington for twenty-three years as a benefits administrator.
Record #:
4187
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Sandy Lyons is CEO of Hickory-based Siecor Corporation, the world's largest fiber optic cable maker. He joined the company in 1986 as a sales manager and worked his way up. A graduate of West Point, Lyons honed his leadership skills while in the military. Siecor employs 6,000 people, 2,500 of whom work in North Carolina. Total sales in 1998 topped $1.2 billion.
Record #:
4189
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Robert Poole of Clayton is the creator of Rules of the Game, a board game similar to Trivial Pursuit, except that the 580 questions deal with sports. He hopes to take his company, Game Technologies, Inc., public and is awaiting approval from NASDAQ to trade as an over-the-counter stock. Poole expects sales to reach 750,000 games in 1999.
Record #:
4186
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Tom Smith, chairman, president and CEO of Food Lion, retired in April 1999. Smith, 57, had been with the supermarket chain for thirty years. Some question remains as to whether he retired voluntarily or was pushed out.
Record #:
4198
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Capel, Inc., located in Troy, is the country's largest privately owned rug manufacturer and importer. Started in 1917 by A. Lon Capel, the company is currently run by his three sons. While Capel, with $50 million in sales in 1998, has a strong market position, competition is growing. As the third-generation prepares to assume control, the company is trying to decide whether to become a major retailer or to continue as an importer and manufacturer.
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Record #:
4199
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Abstract:
Ostrich and emu farming started in the state in the late 1980s and peaked around 1994 with about 800 businesses. Prices for a breeding pair of birds reached as high as $100,000. However, by 1996, it became evident that a demand for ostrich meat was not developing. Many farms failed. Today around 100 ostrich and emu farmers remain.
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Record #:
5718
Author(s):
Abstract:
The editors of BUSINESS NORTH CAROLINA ranked the state's most powerful people. Individuals considered had to make their power felt in the business world, whether they owned or ran a business or not. Included are Hugh McColl, Chairman and CEO, Bank of America; Marc Basnight, President pro tem, N.C. Senate; Nan Keohane, President, Duke University; and Jack Cecil, President, Biltmore Farms Inc., Asheville.
Source:
Business North Carolina (NoCar HF 5001 B8x), Vol. 19 Issue 7, July 1999, p28-33, 35-38, 40-41 Periodical Website
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