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2021 results for "Business North Carolina"
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Record #:
4471
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Corrine Economaki grew up on racing and was selling her father's paper, National Speed Sport News, at race tracks at age five. In 1985, after a variety of jobs, she joined the paper in the advertising department. Today she is the publisher. During her tenure, circulation jumped from 10,000 to 75,000, and the company has had single-digit profit gains every year. In 1997, the paper relocated from New Jersey to Charlotte and now has its own building across from Lowe's Motor Speedway.
Record #:
4472
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The state has a long history of winemaking and at one time was the nation's leader. Now with a Grape Council promoting the wine industry, the state seeks to make a name again as a wine producer. There are fourteen wineries in the state, but three - Biltmore Winery at Asheville, Westbend Vineyards in Lewisville, and Duplin Cellars in Rose Hill - produce 95 percent of the state's wine. Production doubled in the state during the 1990s, rising from 28,954 cases in 1988 to 66,426 cases n 1999.
Record #:
4478
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Art Donaldson of Greensboro didn't plan to do a lot of things. He didn't plan to practice law, but he did. He didn't plan to run for the North Carolina Supreme Court, but he did. He lost - barely. He didn't plan to own three professional sports teams, but he does - the Greensboro Generals hockey team, the Greensboro Prowlers arena football team, and the Greensboro Thundercats soccer team.
Record #:
4479
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Although Angelia Moon followed her father's wishes and went to college, then joined Wachovia Bank, eventually becoming head of the private-banking division in Greensboro, she desired a creative outlet. In 1994, she quit Wachovia to become a full-time interior design consultant. Her company, Moon Interiors, Inc., projected $1.5 million in sales for 1999.
Record #:
4484
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Wendell Murphy, owner of Rose Hill-based Murphy Family Farms, Inc., made hog farming big business in the state. His company was once the nation's top producer, valued at $750 million in 1997. However, overproduction caused prices to fall to the worse level since the Great Depression. Hog lagoon spills were headlined in the press. In 2000, Murphy sold his hog operation to Virginia-based Smithfield Foods, Inc.
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Record #:
4546
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Virginia's and South Carolina's ports do twice the business of North Carolina's two ports of Morehead City and Wilmington. To make the port of Wilmington competitive, North Carolina and the federal government will begin a project in July 2000 to deepen the port and 26 miles of river from 38 to 42 feet. The five-year project will cost $339 million. When the project is completed, 85 percent of the world's commercial fleet can sail into Wilmington. Some, however, feel dredging will not help, since Wilmington lacks the natural advantages of the other ports.
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Record #:
4547
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Contractors do not lack projects in North Carolina. What they lack is a timely supply of building materials. Nationwide, a nine-year economic expansion and a heavy demand for new construction help suppliers' keep plants running at their maximum and beyond. Even with supply difficulties, the state's top thirty contractors saw revenues increase 4 percent to around $3.3 billion in 1999.
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Record #:
4548
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Tim and Tick Clancy are CEO and COO of Clancy & Theys Construction Company in Raleigh. Their company is the state's seventh-largest construction company with earnings of $284.5 million in 1999. The brothers' office facilities are modest, without the usual CEO trappings, and they operate their company the old-fashioned way: tell the truth; make no excuses; give the customer what he wants; and let the work speak for itself.
Record #:
4549
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Frank Gentry, who retired from Bank of America Corp. in January 2000 as the bank's top corporate strategist, discusses his career, the bank, and how bank acquisitions are made.
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Record #:
4554
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Elizabeth Norris first became interested in tablecloths for handbell tables thirty years ago, when she attended a handbell festival and saw that many groups covered their tables with old sheets. It was not until 1985 that she started Custom Coverings out of her home in Waynesville. Today the company is still the world's only commercial maker of handbell table coverings. In 1999, her 12-employee company processed over 1,800 orders with revenues of $600,000.
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Record #:
4631
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Winston-Salem native Doris Gardner had modest life goals - finish her master's degree at Wake Forest and become a teacher. Instead the FBI sparked her interest, and she joined in 1988, becoming an agent in 1992. In August 1999, Gardner became the first supervisor of the FBI's fifteen member computer crime unit in Charlotte. There are sixteen such units nationwide.
Record #:
4634
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Dean Sink is president of High Point-based Mickey Truck Bodies, Inc., which makes side-loading beverage truck bodies for companies like Pepsi and Budweiser. The company employs 525 and has quadrupled revenues to $100 million since Sink became president in 1990. The company has risen from fifth to first in its main market.
Record #:
4635
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Brothers are sometimes confidants; sometimes colleagues; sometimes competitors; and sometimes they are all three. While women tend to put relationships first, men see their identify in what they do. Davis looks at the relationship of seven sets of brothers, including Joe and Jim Martin; McKay, Johnny, and Tim Belk; and Aaron, Kenneth, and Asa Spaulding.
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Record #:
4694
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After high school graduation in 1965, Darleen Johns went to work as a secretary in state government. Today she is president and owner of Alphanumeric Systems Inc. in Raleigh. In 1999, the 220-employee company earned $60 million. Alphanumeric, which Johns started in 1979, sells, installs, and services the hardware and software used to create computer networks. Johns is Business North Carolina's first Businesswoman of the Year.
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Record #:
4695
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The number of corporate jets, which cost between $3.5 and $40 million, has doubled in North Carolina since 1990, with over 450 companies operating their own planes. Increasingly the flights carry fewer CEOs and more computer technicians on critical repair missions at home and abroad. Martin describes various companies that use jets and lists type of aircraft and companies that own them.
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