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2021 results for "Business North Carolina"
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Record #:
14875
Author(s):
Abstract:
J. Edgar Broyhill, II, grandson of the founder of Broyhill Industries, Inc., is president and CEO of Edgar B Furniture Plantation. Located in Clemmons, five-year-old Edgar B is a mail-order company selling middle- and top-line furniture at discount prices. The company targets upper-income customers, and the average order is between $1500 and $2000. Edgar B sold more than $15 million in merchandise in 1984.
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Record #:
14876
Abstract:
Thad Eure and his son Thad, Jr. both have staying power in their respective fields. Thad, Sr. was elected to the General Assembly in 1929, and in 1986 will celebrate his fiftieth year as NC Secretary of State. His son is a well-known Raleigh restaurateur who has operated a number of restaurants. The Angus Barn, which he opened in 1960, is the best-known.
Record #:
14877
Author(s):
Abstract:
Turkeys are not just for Thanksgiving and Christmas anymore. Over the past twenty years turkey growers have made North Carolina the nation's leading turkey producer, according to statistics from the NC Department of Agriculture. In 1964, 4.4 million were produced with a gross income of $17.4 million. In 1984, 30.4 million were produced with a gross income of $289.1 million.
Subject(s):
Record #:
14878
Author(s):
Abstract:
Rising rates in full-service motels, like Holiday Inn and Ramada Inn, have created a gap between them and the lowest motel chain, Motel 6. Enter Days Inn of America, Red Roof Inn, Super 8 Motel and others to fill the gap between the high and low places. This means big profits for two North Carolina-based economy chains - Charlotte-based Econo Lodges of America and Winston-Salem-based Cricket Inn.
Source:
Business North Carolina (NoCar HF 5001 B8x), Vol. 5 Issue 11, Nov 1985, p27-30, 32, il, por Periodical Website
Subject(s):
Record #:
14879
Author(s):
Abstract:
Dee Birke and Rick Ray of Charlotte maxed out their credit cards in 1978 to buy the television rights for their first sports venture - the Great Alaska Shootout. They gambled that die-hard N.C. State basketball fans would tune in to see their team. They did, and Raycom Sports was born. It is now the country's largest sports syndication company, growing from $80,000 in net advertising sales in 1979 to a projected $30 million in 1985.
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Record #:
14880
Author(s):
Abstract:
BUSINESS NORTH CAROLINA magazine features Charles A. Hayes in its business profile. Hayes is president and chief executive officer of Guilford Mills, a large textile firm headquartered in Greensboro. It is the world's largest producer of warp knit fabric with sales in the last fiscal year of $356 million.
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Record #:
14881
Author(s):
Abstract:
There's a new cathouse on the market. Skitty Witty, designed and built by William Runion of Winston-Salem, is the trade name for a structure resembling a stereo console cabinet, which was unveiled in 1984 at the High Point fall furniture market. The $450 house has everything a cat lover would desire for his pet.
Record #:
14882
Author(s):
Abstract:
In 1982, Richard Spoor put up $90,000 to buy a plant near Battleboro, just north of Rocky Mount, and American Lincoln Homes began. The company sells its log homes as kits through 120 dealers in thirty states. Prices range from $10,000 to $38,000, with plumbing, electrical, and other finishing touches extra. American Lincoln had $2.5 million in sales its first year and projects $20 million at the end of its fourth fiscal year.
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Record #:
14883
Author(s):
Abstract:
Atkinson's Mill, located on the Little River near Clayton in Johnston County, was built in 1757 and is one of the state's oldest grist mills still operating. It was rebuilt in 1950 after fire destroyed the original. The mill is operated by Jim Wheeler and his family, who purchased it in 1971. Their business grew slowly but steadily, and the mill now operates twenty-four hours a day, six days a week, utilizing a staff of thirty-two. The water-powered mill grinds over 100,000 bushels of corn a year, in addition to other items like hush puppy mix.
Record #:
14884
Author(s):
Abstract:
Contracting services formerly performed by governments, such as garbage collecting and maintaining highway rest areas, have the potential to save funds and increase accountability and efficiency. Recent budget constraints have prompted a debate within the state on whether state and local governments should move in this direction. Finger discusses how privatization could affect state and local services, including refuse collection, water and sewer systems, state art museum and symphony, hospitals, and prisons.
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Record #:
14885
Author(s):
Abstract:
Hundreds of years ago artists could depend upon patrons of their work to be the nobility and the church. Now a new patron has emerged within the state and across the country -- corporations. Galleries and artists report a growing number of corporations are buying works to enhance the environments of their workers and to build company art collections. Galleries report that purchases can range from $5,000 for a single work to $500,000 for acquisitions for an entire building.
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Record #:
14886
Author(s):
Abstract:
Pucillo, a former basketball star at North Carolina State University, owns and operates Lou Pucillo, Inc., a liquor brokerage firm. He and his four salesmen sell exclusively to the state's ABC stores. In 1976, his first year of operation, he sold 250,000 cases, and in 1985 sales had increased to 600,000 cases. North Carolina does not buy liquor in a central location, having instead 145 buying units. There are twelve other brokers with sales staff in the state competing with Pucillo, who works solely on commission.
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Record #:
14887
Author(s):
Abstract:
New York, Los Angles, and Chicago are the top three cities in television commercial production, with Miami, Dallas, Atlanta, and Nashville being the top Southern cities. Although Charlotte ranks slightly below the group, it has five formally structured, full-service production companies doing work inside the state and beyond. The city's reputation as a commercial maker is largely unknown to all but industry insiders, but that could easily change through the work of the city's five production companies.
Source:
Business North Carolina (NoCar HF 5001 B8x), Vol. 6 Issue 3, Mar 1986, p12-14, 16, 18, il, por Periodical Website
Record #:
14888
Author(s):
Abstract:
Deregulation of the trucking industry is a boon to shippers. It has doubled the number of for-hire carriers engaged in interstate trucking from 16,000 to 32,000, and it has allowed shippers to cut over $25 billion over the past four years from annual freight costs. However, critics say the downside of deregulation is highway safety for both the truck drivers and the general public.
Source:
Business North Carolina (NoCar HF 5001 B8x), Vol. 6 Issue 3, Mar 1986, p20-21, 23-24, 26, il Periodical Website
Subject(s):
Record #:
14889
Author(s):
Abstract:
American Express announced in April 1985 that it will open a regional credit card center near the airport in Greensboro. Completion of the center is scheduled for October 1986, but it is already taking hundreds of calls a week. At full capacity the center will employ 2,000 people. Business and civic leaders indicate that center's economic impact will spread far beyond the number of those employed.
Source:
Business North Carolina (NoCar HF 5001 B8x), Vol. 6 Issue 3, Mar 1986, p43-44, 46, 49-51, il Periodical Website