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Record #:
15578
Author(s):
Abstract:
BUSINESS NORTH CAROLINA magazine's sixth annual ranking of public companies reveals that the top three companies held the same rankings for 1987 as in 1986 - RJ Reynolds Industries, Inc., Burlington Industries, Inc., and Lowe's Companies, Inc., respectively.
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Record #:
15579
Abstract:
BUSINESS NORTH CAROLINA magazine and Arthur Andersen & Company present their annual ranking of the state's top one hundred privately-held companies. McDevitt and Street Co., a Charlotte general contractor specializing in commercial, industrial, and institutional construction, ranked first, followed by Cone Mills Corp., a Greensboro manufacturer of textile fabrics for jeans and casual sportswear, in second place.
Source:
Business North Carolina (NoCar HF 5001 B8x), Vol. 7 Issue 6, June 1987, p26-27, 30, 33-37, il Periodical Website
Record #:
15580
Author(s):
Abstract:
Ron Rice is an Asheville native who went to Florida after college to teach school, coach football, and dabble in oil--suntan oil. His personal worth is estimated at $30 million. He owns Tanning Research Labs, Inc., which employs 3,000 people in fourteen countries. The company generates revenues of over $100 million annually. His empire was built on a popular tanning lotion--Hawaiian Tropic tanning products--which he began mixing in bathtubs and garbage cans. The product now is second only to Coppertone.
Source:
Business North Carolina (NoCar HF 5001 B8x), Vol. 7 Issue 6, June 1987, p38-40, 42-43, 44, il Periodical Website
Record #:
15581
Author(s):
Abstract:
At one time headache powders were big business in the South. Most fell victim to changing times and the public's preference for modern tablets like Advil and Tylenol. Three major headache powders survive, and two of them are manufactured in North Carolina--Goody's Manufacturing Corp. and Stanback Co. Goody's has been a staple in Winston-Salem since 1932, and Stanback's was introduced to the public in 1910 in Spencer.
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Subject(s):
Record #:
15582
Author(s):
Abstract:
By day Frank Lanning is a product designer for Yale Security Systems in Monroe. By night and on weekends he is Levi Ledbetter, arms merchant, of the Civil War. His business, C&L Canteen Works is North Carolina's largest volume Civil War sutler (merchant), catering to a growing market of reenactment hobbyists. Customers, who can chose items from a list of two hundred come from all around the country and from England and Germany.
Source:
Business North Carolina (NoCar HF 5001 B8x), Vol. 7 Issue 6, June 1987, p62-63, 65, 67, il, por Periodical Website
Record #:
15583
Author(s):
Abstract:
Hatteras Hammocks was founded seventeen years ago in Greenville by Walter Perkins, a tobacco buyer who started making hammocks in his living room. The company expects to sell around 60,000 in 1987. Today Hatteras is a $6 million business with 150 employees, production lines, and machines. Their best-known competitor is Pawleys Island Hammocks of South Carolina.
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Record #:
15584
Abstract:
John Lemmon of John Lemmon Films of Charlotte makes clay animation commercials. At the 1986 Houston International Film Festival he received top awards for his commercials. There are five companies in the nation that offer clay animation, but only Lemmon and one other company work exclusively in the technique. Since each commercial can take from six to eleven weeks to prepare, he takes only four to six jobs a year. Messmer describes the process.
Source:
Business North Carolina (NoCar HF 5001 B8x), Vol. 7 Issue 6, June 1987, p82-83, 84-85, il, por Periodical Website
Record #:
15585
Author(s):
Abstract:
How can the small, independent grocer survive in an industry dominated by large supermarket chains? The chains will never have 100 percent of the market offerings; therefore, the successful small operator needs to have his special niche to attract customers. This is the thread that connects the small stores--knowing that they cannot be all things to all people and just concentrating on their sliver of the market.
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Record #:
15586
Abstract:
There are a number of reasons why a building is demolished--provide vintage materials; partially destroyed by fire or natural disaster; or make way for a more profitable building. Carl Bickel owns Charlotte-based Bison, Inc. and has been in the demolition business for twenty-two years. The company handles about twenty jobs a year. As Bickel thinks about retirement, his three daughters have joined the company.
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Record #:
15587
Author(s):
Abstract:
Glenn Matthews of the Pleasant Hill community near Liberty hatched a winner when he started making furniture in his mother's two 210-foot-long chicken houses. He decided in 1977 there was a better opportunity in making and selling furniture then driving someone else's product to market. Greenbriar Furniture, Inc. started small and today is a $500,000 with twenty-three employees. He also operates Matthews Trucking Co., a ten truck, twenty-one trailer business that hauls the furniture.
Record #:
15588
Author(s):
Abstract:
Paul Rizzo made UNC's only two touchdowns in the 1950 Cotton Bowl on passes from Charlie \"Choo Choo\" Justice. After graduation Rizzo went to work for IBM for almost thirty years. Now he has returned to UNC as Dean of the Business School.
Source:
Business North Carolina (NoCar HF 5001 B8x), Vol. 7 Issue 9, Sept 1987, p12-14, 17, 19-20, por Periodical Website
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Record #:
15589
Author(s):
Abstract:
Rick Hendrick of Charlotte is the principal owner of twenty-two automobile dealerships in eight states, making him the nation's third-largest car dealer. He also owns four racing teams on NASCAR's Winston Cup stock-car circuit and is a minority owner in the new Charlotte NBA team, the Hornets. Although he won't say how much he's worth, Business Week has estimated his net worth at $100 million.
Source:
Business North Carolina (NoCar HF 5001 B8x), Vol. 7 Issue 9, Sept 1987, p22-26, 29, 31-32, il, por Periodical Website
Record #:
15590
Author(s):
Abstract:
Johnson describes the workings of two pickle packing companies in North Carolina that have captured almost all of the state's pickle market--Mount Olive Pickle Company of Mount Olive and Cates Pickles of Faison. The two companies are located less than eight miles apart in the heart of the state's tobacco, soybean, pepper, and cucumber country. Nationwide the pickle market generates over $1 billion, and the two companies work hard at getting a slice of it.
Source:
Business North Carolina (NoCar HF 5001 B8x), Vol. 7 Issue 10, Oct 1987, p32-36, 39, il, por Periodical Website
Record #:
15591
Author(s):
Abstract:
Founders Carol Place and Ginger Travis started Travis Place, Inc. based on a common complaint among women--they hated to shop for underwear. Women wanted high-quality, natural fiber products, long on comfort, and available through the mail. However, when Travis Place began, natural fibers products were hard to find in a market filled with synthetics, but the two pressed on, making $14,000 their first year. Georgann Eubanks, one of the principals and a Durham graphic artist, designed a catalog, which is sent to 200,000 people. Sales in 1987 should top $400,000 with $1 million a possibility in 1988.
Record #:
15592
Author(s):
Abstract:
Donsky profiles Roger Soles, who has worked for Jefferson-Pilot Corp., of Greensboro, one of the Southeast's dominant insurers, for forty years. He was named chairman and chief executive officer in 1967.
Source:
Business North Carolina (NoCar HF 5001 B8x), Vol. 7 Issue 12, Dec 1987, p16-20, 22-23, il, por Periodical Website