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Albemarle


Abstract:
Gold mining and textile mills were standards in Albemarle's economy from the 1820s into the 20th-century. Gold played out in the mid-1900s, and textiles declined in the 1990s. Albemarle has since diversified its economic base through new businesses, like Collins and Aikman, and preservation of the city's history, making it attractive to tourists. Passage of a 1998 ABC referendum also made Albemarle, once the state's second largest dry city, attractive to chain restaurants, full-service hotels, and local entrepreneurs.
Source:
Record #:
4191
Full Text: