John Correnti is the president and chief operating officer of steel company Nucor Corp. Correnti transformed Nucor into a larger company that spans multiple states.
The Kier brothers operate Lida Inc., a Charlotte-based maker of polyester stretch fabrics that employs about 600 people in Mecklenburg and Gaston counties. The brothers chose to take their business public, which allowed them to reap a twenty million dollar payout but caused stock shares to lose half their value.
Sports Endeavors Inc. is the nation’s biggest soccer catalogue retailer and was the brainchild of teenager Mike Moylan. Now, the company, based out of Hillsborough, is worth fifteen million dollars and employs forty people.
Sports Endeavors Inc. is the nation’s biggest soccer catalogue retailer and was the brainchild of teenager Mike Moylan. Now, the company, based out of Hillsborough, is worth fifteen million dollars and employs forty people.
Robert L. Jones is one of North Carolina’s top developers who had to face significant debt after the real-estate market’s collapse. This article discusses the collapse and how Jones managed to keep his business afloat in the aftermath.
After several years of depression-like conditions in commercial real-estate, North Carolina’s major markets are seeing declining vacancies and rising values and rents. This article presents various development companies in North Carolina and current projects in some of the state’s cities.
North Carolina’s government encouraged fishermen to outfit their boats for shark fishing. Now, regulators believe shark fishing is no longer a feasible market and environmentalists claim shark populations are being overfished. Shark fishermen are struggling to bounce back from the loss of their investments in the market.
Though the condition of the Neuse River has improved over the years after textile mills and other factories stopped dumping waste into it, environmentalists agree it has a long way to go before the river quality is back to what it should be.
Smithfield Foods of Virginia hopes to build a hog plant in Bladen County along the Cape Fear River. Though the proposed plant would bring money and jobs to the economically depressed area, many are worried about the environmental impacts the plant would have on the already polluted Cape Fear River.
The Pigeon River and the area around it has become vastly polluted as a result of industrial businesses. This article discusses the history of the river, how it became polluted, and the economic impact of such pollution.
After environmentalists fought the construction of a dam on the New River, it was added to the National Wild and Scenic Rivers System in 1976. Many houses were then built on the banks of the river because of its beautiful scenic reputation. Critics claim today that preventing the dam inadvertently caused development on the river, ultimately undercutting its beauty.
Lowering insurance bills has been difficult for companies, but Nucor Corporation saves by requiring its employees to pay fifty percent of health care costs. At other companies, employees typically pay only twenty percent of health care costs.
Duke University Medical Center is the cutting edge location for heart surgery. This article examines the costs of operations and who ends up paying for them.
North Carolina Dance Theatre was originally housed in Winston-Salem and was supported by many contributors. Eventually, it moved to Charlotte, hoping for larger contributions that have not materialized. Now, the company is in financial shambles.