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6 results for Business North Carolina Vol. 43 Issue 4, April 2023
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43898
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Increased labor costs as well as shipping costs more recently associated with Chinese imports are giving opportunity for a resurgence of North Carolina's furniture industry. Chaddock Furniture Workroom originally started in California and now in Morganton has chosen to target the luxury furniture market.. In 1990, North Carolina had more than 90,000 people working in the furniture industry. By 2009, this number had dropped by more than a half due to a trade agreement that opened up imports from Asia. Kevin Ward is Chaddock's president.
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43901
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North Carolina's Southeast is a public-private partnership that pulls together 20 counties in the southeastern portion of the state to nurture successful regional economic development. An advantage for this region is that it covers principal military bases like Fort Bragg, Seymour Johnson and Camp Lejeune. In the mid-1990s, the North Carolina General Assembly created regional economic development commissions to ensure all of the state's 100 counties had access to meaningful job creation strategies.
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43902
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"Smart money is banking on a Triangle firm's biology-based cement. Biomason believes it proprietary technology can eliminate 25% of global carbon emissions with regard to concrete production by the year 2030. The company employs about 100 people and has a plant in Durham.
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43903
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2022 was the first year that more people played golf indoors than outdoors. Indoor entertainment facilities are now the industry's fastest growing sector. SkyTrak in Winston Salem is now the leading seller of consumer simulators and launch monitors. Simulators allow 24/7 practice without having to carve out four or five hours at the golf course. younger players are attracted by the added technology.
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43938
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Wake Technical Community College recently received a federal grant to jumpstart the college's Hendrick Center for Automotive Excellence's electric vehicle training program. The state is emerging as a center for electric vehicle technology. North Carolina is also a key source for lithium used in EV batteries.
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43937
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Totaling 520 establishments, North Carolina's golf courses and connected entities contribute 53,000 jobs and a combined wages of $1.3 billion to the state's economy. A statistical list of the state's top 100 courses is provided.
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