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2 results for Business North Carolina Vol. 8 Issue 2, Feb 1988
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Record #:
15608
Author(s):
Abstract:
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
Author(s):
Abstract:
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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