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2021 results for "Business North Carolina"
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Record #:
15594
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One industry travelers in the North Carolina mountains don't expect to see is Asheville Industries. Located in the small Buncombe County town of Arden is a single defense contractor that makes and designs parts for nuclear submarines, one of them the U.S.S. Asheville, currently under construction at Norfolk, Virginia. The company also makes parts for two nuclear aircraft carriers.
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Record #:
15603
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Ross Johnson took over as CEO of RJR Nabisco in Winston-Salem in January 1986. He restructured RJR, the largest company headquartered in the South, and moved it to Atlanta, after a one hundred and eleven year stay in Winston-Salem. The move did not endear him to residents of North Carolina. For this decision Johnson was named BUSINESS NORTH CAROLINA magazine's Mover and Shaker of the Year.
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Record #:
15608
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Wallace J. Conner is president and chairman of the board of Conner Homes Corporation of Newport, a company he began in 1959 with a single mobile home lot in Havelock. In 1964, he began manufacturing mobile homes from a plant in Newport and began building the company is a nationally-recognized leader in the mobile home industry. The company made $7 million in 1985, yet over the next eighteen months it lost $40 million. Donsky discusses how the country's fastest growing company in the mobile home industry stumbled and fell.
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Record #:
15609
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At 62, Morris Karpen retired from his custom-door business on Long Island and moved with his family to Weaverville in western North Carolina. Retirement bored him, so he started a little business making doors to custom specifications. Karpen Steel Products Co. lost $30,000 the first year. Six years later he was grossing $2 million. He estimates he has about a quarter of the nation's custom-door business.
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Record #:
15671
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Pat Swisher and Al Wood founded Swisher Service Company three years ago. Ignoring snickers because their company focuses on cleaning bathrooms in commercial enterprises, such as restaurants, car dealerships, offices and factories, they have built their business in a $3.4 million concern. The company prides itself on providing high-quality service in the sanitizing of public restrooms.
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Record #:
15672
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Trion, Inc., located in Sanford, is the world's largest maker of electrostatic precipitators, or electronic air cleaners, from table top models to giant industrial systems. Though the company manufactures only one product, it has developed a wide market base, and this year is celebrating its fortieth anniversary.
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Record #:
15689
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Cotton is on the comeback trail in North Carolina and other Southern states. High-tech research developed no-iron polyester fabrics that almost brought about cotton's demise, and high-tech research, much of it conducted at the Research Triangle, is contributing to its revival. New fabric blends create a new demand for cotton clothing; new fashion uses are being found; mills are changing to process the fiber more cheaply and effectively; and farm suppliers are selling more equipment to harvest the crop.
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Business North Carolina (NoCar HF 5001 B8x), Vol. 8 Issue 5, May 1988, p22-27, 29-30, 32, il Periodical Website
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Record #:
15690
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Donsky discusses how traffic congestion is affecting North Carolina, such as the state's high reputation for quality of life, whether companies considering relocation to the state will come, and what the economy will allow the state and major cities to do to alleviate the situation. North Carolina now ranks as the tenth most populous state, and growth continues.
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Business North Carolina (NoCar HF 5001 B8x), Vol. 8 Issue 5, May 1988, p46-49, 53, 55-57, il Periodical Website
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Record #:
15691
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Tourism has always been popular in the state's mountains, and it dates back to pre-Civil War days. Now skiing has added a new dimension to it, and the tourist season is a year-round activity. Currently there are ten ski resorts in the mountain counties. Although the new activity has affected some local economies, such as new construction and restaurants and stores staying open almost year round, skiing hasn't been a big lift everywhere.
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Business North Carolina (NoCar HF 5001 B8x), Vol. 8 Issue 5, May 1988, p58-61, 6364, 66-68, il Periodical Website
Record #:
15692
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BUSINESS NORTH CAROLINA magazine's annual ranking of the state's top fifty public companies reveals that the list has undergone its most extensive shakeup since the listings began in 1982. Last year's top three companies were RJR Nabisco, Burlington Industries, and Food Lion. This year Food Lion takes over the top ranking with Lowe's and Fieldcrest Cannon taking over the second and third positions.
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Record #:
15693
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GoodMark Foods Inc. proves there is still a strong market for junk food among the nation's snackers. The Raleigh-based company owns the \"meat snack\" category, with their signature product, Slim Jim, capturing forty-two percent of the market. Along with their other products, the company topped $100 million in revenues in 1987.
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Record #:
15699
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Donsky discusses the operation of short line railroads in the state. Short lines are small or mid-size companies that operate over short distances, for example, forty-seven miles, as compared to a national company having thousands of miles of track. The NC Department of Transportation lists nine short lines in the state with the oldest being the Aberdeen & Rockfish Railroad, founded in 1892.
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Business North Carolina (NoCar HF 5001 B8x), Vol. 8 Issue 6, June 1988, p20-25, 27-29, il, map Periodical Website
Record #:
15700
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BUSINESS NORTH CAROLINA magazine and Arthur Andersen & Company present their annual ranking of the state's top one hundred privately-held companies. It was a tough year for real estate developers and building contractors, but for the textile industry it was a very good year. Cone Mills Corporation and McDevitt & Street Company ranked first and second, a reverse of the positions the companies held in 1987.
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Record #:
15737
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Only four women are CEOs of the North Carolina 100, the state's largest private companies. They are Ann H. Gaither, of J. H. Heafner Co. Inc., a Lincolnton distributor of rubber tire products; Annabelle L. Fetterman, of Lundy Packing Company, a Clinton pork processor; Dale F. Halton, of Pepsi Cola Bottling Company of Charlotte; and Lola Richardson, of Star-based Clayson Knitting Co. Inc. Nelson discusses with the four women how they got to be CEO's without being SOBs (Sons of the Boss).
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Record #:
15738
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Founded in 1967, Photo Corporation of America, now PCA International, headquartered in Matthews, has developed into the world's largest portrait photographers, with operations in 6,700 stores nationwide. However, competition in the 1980s from home photographers and shopping center one-hour finishing labs caused the business to decline, and the company went into debt. This article focuses on how new management and new directors are turning the company around.