NCPI Workmark
Articles in regional publications that pertain to a wide range of North Carolina-related topics.

Search Results


1 result for "R & E Electronics (Wilmington)"
Currently viewing results 1 - 1
PAGE OF 1
Record #:
14756
Author(s):
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.
Source: