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7 results for Business North Carolina Vol. 43 Issue 6, June 2023
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43883
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"The son of a governor reinvented himself throughout his career." Hodges was significant in the growth of NCNB after its formation in 1960. He ran for U.S. Senate in 1977 but lost to John Ingram. He was later tapped by President Jimmy Carter for deputy secretary of Commerce during the second half of Carter's single term.
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43884
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"Guilford County welcomes new transportation projects while its stronghold furniture industry keeps on giving." High Point's furniture and home interiors market events bring in $6.7 billion worth o business into the state and contributes 15,000 jobs. Thomas Built Buses added 300 new employees last year and is making progress on its Jouley electric powered model. Toyota is investing $5.6 billion in its electric battery plant near Liberty.
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43885
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"An elite coastal beach club preps to become the East Coast's finest." Coral Bay Club at Atlantic Beach began in 1958 and has a current membership of 625, an elite power list from across North Carolina. The renovation project is expected to cost $20 million.
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43886
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"Flour Mill expansion highlights Johnston County's diverse economic landscape." Though the county has experienced tremendous growth relevant to pharmaceuticals, it remains heavily invested in agriculture and food processing. An example is the recent $28 million expansion of the state's largest flour mill, located in the Johnston County hamlet of Wilson's Mills. The operation is owned by Kansas City based Bartlett.
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43887
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Two North Carolina sisters from Fayetteville with Indian roots formed an apparel company the infuses Indian looks with a modern touch. Niki and Ritika Shamdasani are owners of Sani.
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43888
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"Charges of antitrust violations sets up a courtroom battle between major protein producers and retailers." North Carolina is one of the largest meat producers in the United States. Mount Olive has its Butterball plant with more than 3,000 workers and Smithfield foods in Bladen County hosts a workforce of 4,500. Tourists note Rose Hill-based House of Raeford as the world's largest skillet, capable of handling 360 fryers at one time. By year's end the industry will be locked into a major courtroom battle in Chicago regarding manipulation of prices in violation of the Sherman Antitrust Act.
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43889
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"Cheese please! Becca Wright turns a family recipe into a burgeoning gourmet snack." the brand Piedmont Pennies was launched in 2021 with an assistance grant from IDEA in Durham.
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