Articles in regional publications that pertain to a wide range of North Carolina-related topics.
for Business North Carolina Vol. 22 Issue 2, February 2002
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Sparta, North Carolina was chosen as the site for an air-conditioner compressor plant that would bring in 750 jobs. Eventually, the company closed its doors, laying off all of its employees. Early on, Sparta had paid the company handsome incentives to put their plant there but never got any of the money back.
Jim Fain served as secretary of commerce at a time when the economy started to fall and the North Carolina state budget was cut. The author interviews Fain on his responsibilities and how he thinks the economy is faring.