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Record #:
14742
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Abstract:
Murphy Manufacturing of Wilson was the largest manufacturer of customized refrigerated truck bodies in the country. However, the company had fallen on hard times with low morale among employees, declining sales brought on by the 1981-82 recession, and a critical need to upgrade outdated equipment and production methods. Purchasing an ailing company can be risky, but C. William Layman, owner of a Charlotte plastics company, and Harold Domenico, founder of Charlotte-based Management Analysts, Inc., undertook the challenge. Timblin discusses the results of their efforts.
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