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2021 results for "Business North Carolina"
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Record #:
6847
Author(s):
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Ken Peacock did not plan for a career in higher education. A tax planner and auditor, he began teaching income taxation at Winston-Salem State University in 1973. Thirty-one years later, he is still in higher education. He spent twenty years at Appalachian State University as a teacher and administrator. On July 1, 2004, he was named ASU's sixth chancellor.
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Record #:
6848
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In the early 1990s, Gary Bryant owned a Hickory Hams shop. With sandwich sales outdistancing packaged hams, he saw a need for an upscale sandwich shop. He sold his business and opened the first Bear Rock Cafe in Greensboro in 1997. Today there are twenty-nine restaurants in nine states, including sixteen in North Carolina. The restaurants feature a mountain lodge décor and a varied menu of salads and sandwiches. Revenues in 2003 were $16 million.
Record #:
6849
Author(s):
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The outdoor drama, a blending of historical story lines with singing and dancing, was created in North Carolina. The state has three of the nation's oldest-–\"The Lost Colony\" (Manteo), \"Unto These Hills\" (Cherokee), and \"Horn in the West\" (Boone). Two have sound financial footing; one does not. Vora discusses how productions are paid for and why audiences of these oldest of outdoor dramas are slipping away.
Record #:
6850
Author(s):
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The state's top seventy-five public companies are ranked by their June, 2004, market value. Bank of America ranks No. 1, followed by Wachovia and Lowe's. Charlotte-based MedCath, which operates heart hospitals, made the biggest advance, jumping twenty-one place to No. 44. Five companies dropped off the list. Five companies made the Top 75 for the first time or returned after missing the cut last year.
Record #:
6851
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Abstract:
The Biltmore Estate in Asheville is one of North Carolina's premier tourist attractions. Visitors are usually unaware of the many activities that go on behind the scenes to keep the place running for their enjoyment. Vora describes some of the activities of the estate's 1,600 employees, such as mowing pasture-size lawns, repairing building damage brought on by a century of wear and weather, and making wine.
Record #:
6884
Author(s):
Abstract:
Using 2003 revenues, the Grant Thornton Accounting Firm ranked the state's 100 private companies for BUSINESS NORTH CAROLINA. General Parts, Inc., of Raleigh, a distributor of replacement parts for vehicles, retained its No. 1 ranking from 2003. Manufacturers hold twenty-seven positions on the 2004 list, and these companies contribute 31 percent of the revenue. Two textile companies and a furniture manufacturer hold three of the list's top seven positions.
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Record #:
6885
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Charlotte lost its professional basketball team in 2002. The next year, Robert L. Johnson, founder and CEO of the Black Entertainment Network (BET), purchased a franchise for a new team for $300 million. He named Ed Tapscott to be president of Bobcat Basketball Holdings, which includes the new Charlotte Bobcats team, the Charlotte Sting of the Women's National Basketball Association, operation of the new arena, and the new Carolinas Sports Entertainment Television. Tapscott is profiled in this article.
Source:
Business North Carolina (NoCar HF 5001 B8x), Vol. 24 Issue 10, Oct 2004, p42-48, 50, 52, il, por Periodical Website
Record #:
6886
Author(s):
Abstract:
The North Carolina Department of Prisons inherited the making of license plates from the highway department in 1929. Plates were made at Central Prison in Raleigh until 2001 when the operation outgrew the facility. A new plant was built in 2001 at the Correctional Institution for Women in southeast Raleigh where plates are now made. It costs $1.51 to make a plate that sells for $20 a car and $30 if personalized. Last year the tag plant generated $4.1 million of revenue for the state.
Record #:
6887
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Seeking to diversify his livestock business, which produces 110,000 hogs a year in Bailey, R. C. Hunt chose aquaculture. Seven years ago he opened Southern Farms Tilapia, which at the time was the state's first tilapia hatchery. The farm is now among the country's top five in tilapia production and will produce two million pounds in 2004.
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Record #:
6891
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Pete DeVita is president and CEO of Wilmington-based Cape Fear Riverwood Corp. The company recovers from the bottom of the Cape Fear River centuries-old logs that were floated downriver by loggers from the late 1700s to early 1900s. Many of the logs sank along the route and are rare old-growth cypress, loblolly pine and longleaf pine between three and five hundred years old. Once cut, the wood is used in flooring, furniture, and house building.
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Record #:
6892
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Abstract:
Shane Cooper's company, DeFeet International, Inc., makes socks for cyclists, runners, and snow skiers. The sock design uses DuPont's synthetic CoolMax yarn to draw moisture away from the skin. In 2001, after nine years in business, Cooper's plant in Hildebran burned down. The company was back in business by January 2002 and now employs a staff of forty. Copper buys nearly all his thread from North Carolina manufacturers, because as, he says, of “proximity, quality, and pride.”
Record #:
6893
Author(s):
Abstract:
Will Morgan, executive director of the North Carolina chapter of the Coastal Conservation Association, worked with the North Carolina General Assembly to help pass legislation creating a saltwater fishing license. The issue, which had been debated for over a decade, passed in 2004. North Carolina was the only state between Texas and Delaware that did not have this license. The license is a user fee and costs $15 annually or $1 for a seven-day permit. Fees will be used for marine projects and scholarships for students pursuing marine science degrees.
Record #:
6894
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Abstract:
Many people associate Durham with tobacco, but few know that the world's most powerful jet engine is built there. GE Transportation-Aircraft Engines builds the GE90, an engine with 115,000 pounds of thrusting power that is equivalent to the power of forty corporate jets. The jets are built mostly by hand on an assembly line that moves about three feet. Most engines power commercial airliners, but some are used by the military.
Record #:
6943
Author(s):
Abstract:
T. W. Garner Food Co. is BUSINESS NORTH CAROLINA magazine's 2004 North Carolina Small Business of the Year. The company, founded by Thad W. Garner in Winston-Salem in 1929, makes and sells sauces, jams, jellies, and preserves. Texas Pete, the best-selling hot sauce in the South and No. 3 in the country, is one of Garner Food's most-recognized products. The family-owned company employs about sixty-five and projects revenues of $20 million in 2004.
Source:
Business North Carolina (NoCar HF 5001 B8x), Vol. 24 Issue 12, Dec 2004, p34-36, 38, 40, 42-43, il, por Periodical Website
Record #:
6944
Author(s):
Abstract:
Carolina Industries, Inc., headquartered in Washington, is a runner-up in the 2004 BUSINESS NORTH CAROLINA Small Business of the Year competition. The company, founded in 1972 by Timothy W. Coward, refurbishes truck bodies. Carolina Industries employs forty-four and projects revenues of $3.5 million for 2004.