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7 results for Business North Carolina Vol. 5 Issue 6, June 1985
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Record #:
14754
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Abstract:
J. Roy David, Sr. and Lawrence Switzer started S & D Coffee in Charlotte in 1927, and two years later moved the company to Concord. At the beginning the company sold its product on the retail market through mom and pop stores and country markets. However, the market changed after World War II with the rise of the large supermarket chains which threatened smaller grocery stores. Davis shifted his coffee business to the commercial side, focusing on a customer base of food service suppliers, such as restaurants, hospitals, offices, and convenience stores. From ten employees twenty-five years ago, S & D has grown to over 300 today in thirteen states.
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Record #:
14753
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Mirror-making is a fairly crowded business, but Carolina Mirror stands out from the rest. Ed F. Garner founded the company in North Wilkesboro in 1936. Recently edged out of the number one position in the world by a German manufacturer, Carolina Mirror is now the world's second largest mirror-maker and largest in this country. In the beginning the company sold mirrors to furniture makers, but has expanded to retail mirrors and distributor mirrors. Carolina Mirror posted sales of almost $50 million in 1984.
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Record #:
14752
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Abstract:
A. O. Redding, a High Point craftsman, started Alma Furniture in 1885. In 1921, Charles E. Hayworth, Sr. purchased the company, dropped furniture making, and began specializing in wooden desks and other furniture designed for office and institutional use. Alma is now one of the top three producers of wooden office furniture in the country. Sales in 1984 exceeded $70 million, and the company remains a family-owned business.
Record #:
14750
Abstract:
BUSINESS NORTH CAROLINA magazine and Arthur Andersen & Company second annual ranking of the state's top one hundred privately-held companies reveals a change at the top. McDevitt and Street, a Charlotte general contractor, dropped from first to third. Blue Bell, Inc., a Greensboro manufacturer of jeans and other casual and work apparel, took over the top spot.
Source:
Business North Carolina (NoCar HF 5001 B8x), Vol. 5 Issue 6, June 1985, p13-14, 16-18, 20, 22, il Periodical Website
Record #:
14751
Author(s):
Abstract:
Founded in 1937 and headquartered in Weldon, Coastal Lumber Company is the second largest privately held forest products company in the country, with annual sales of over $120 million. Coastal employs 1,500 at twenty production sites in nine states and owns 160,000 acres of timberland. International sales offices are located in Los Angles, Belgium, and Germany.
Record #:
14755
Author(s):
Abstract:
Miller examines some of the boat builders' operations in the state, how they view their businesses, and prospects for the future. Most are currently enjoying good times and some are talking of expansion. Among the builders are Hatteras Yachts, Grady-White Boats, and Albemarle Boats, Inc.
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Record #:
14756
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Abstract:
In 1972, Ed Mayorga bought R & E Electronics, a struggling Wilmington telecommunications company, for $3,000. Although the company had been in business since 1952, it had a less-then-wonderful financial status, making about $36,000 in yearly sales and holding a $70,000 deficit. Mayorga paid off the debt in three years, and today he expects the company will see $25 million in sales in 1985.
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