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6 results for Business North Carolina Vol. 20 Issue 3, Mar 2000
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Record #:
4471
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Corrine Economaki grew up on racing and was selling her father's paper, National Speed Sport News, at race tracks at age five. In 1985, after a variety of jobs, she joined the paper in the advertising department. Today she is the publisher. During her tenure, circulation jumped from 10,000 to 75,000, and the company has had single-digit profit gains every year. In 1997, the paper relocated from New Jersey to Charlotte and now has its own building across from Lowe's Motor Speedway.
Record #:
4470
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Kathryn Cabral, American consul to Scotland, is on loan from the U.S. State Department to the North Carolina Secretary of State's office for one year. Cabral is setting up the state's first Office of International Service, which will give state officials guidance in dealing with foreign governments. In 1998, foreign companies invested $1 billion in North Carolina, so proper protocol is a must.
Record #:
4472
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The state has a long history of winemaking and at one time was the nation's leader. Now with a Grape Council promoting the wine industry, the state seeks to make a name again as a wine producer. There are fourteen wineries in the state, but three - Biltmore Winery at Asheville, Westbend Vineyards in Lewisville, and Duplin Cellars in Rose Hill - produce 95 percent of the state's wine. Production doubled in the state during the 1990s, rising from 28,954 cases in 1988 to 66,426 cases n 1999.
Record #:
4479
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Although Angelia Moon followed her father's wishes and went to college, then joined Wachovia Bank, eventually becoming head of the private-banking division in Greensboro, she desired a creative outlet. In 1994, she quit Wachovia to become a full-time interior design consultant. Her company, Moon Interiors, Inc., projected $1.5 million in sales for 1999.
Record #:
4478
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Art Donaldson of Greensboro didn't plan to do a lot of things. He didn't plan to practice law, but he did. He didn't plan to run for the North Carolina Supreme Court, but he did. He lost - barely. He didn't plan to own three professional sports teams, but he does - the Greensboro Generals hockey team, the Greensboro Prowlers arena football team, and the Greensboro Thundercats soccer team.
Record #:
4484
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Wendell Murphy, owner of Rose Hill-based Murphy Family Farms, Inc., made hog farming big business in the state. His company was once the nation's top producer, valued at $750 million in 1997. However, overproduction caused prices to fall to the worse level since the Great Depression. Hog lagoon spills were headlined in the press. In 2000, Murphy sold his hog operation to Virginia-based Smithfield Foods, Inc.
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