Business North Carolina articles from August 2004

Business North Carolina archives from August 2004

Poli sigh.(Up Front)
August 1, 2004... I kicked my dog the other day. It was a terrible thing to do, and I did it for the worst possible reason. Because I could. But it made me feel better. And he wouldn't have listened if I had told him to f--- himself. Lick himself maybe, but he's...

Trend.(Illustration)
August 1, 2004... [GRAPHIC OMITTED] [ILLUSTRATION OMITTED] [GRAPHIC OMITTED] [GRAPHIC OMITTED] [GRAPHIC OMITTED] [GRAPHIC OMITTED] [GRAPHIC OMITTED] [GRAPHIC OMITTED] [GRAPHIC OMITTED] ...

State needs to get on the roads again.(Economic Outlook)(Interview)
August 1, 2004... North Carolina's growing population is taxing state roads, says a report by The Road Information Program, a Washington, D. C.-based transportation-research and advocacy group funded by road-building companies. Deteriorating roads and congestion...

Eastern.(Regional Report)(Innovative Machine Technology buys plant in Clarkton, NC)(Superior Essex to add jobs)(Intracoastal Waterway dredging )
August 1, 2004... ELIZABETHTOWN -- Farmville-based Spectratex II has moved into a building vacated by a garment dyer. It employs about 30 in textile dyeing. CLARKTON -- Bladenboro-based Innovative Machine Technology, which rebuilds water-purification...

Triangle.(Regional Report)(Pergo to expand plant in Garner NC)(Atlantic Airlines to expand services)(Eaton buys Powerware)
August 1, 2004... GARNER -- Swedish laminated-flooring maker Pergo is spending $36 million to expand operations here, adding 86 jobs. The factory, which will make an all-purpose molding for flooring, was scheduled to open in August with 54 employees. The rest of...

Triad.(Regional Report)(TriPath Imaging wins approval for screening kit collection devices)(Hillerich & Bradsby buys Practice Partner's baseball equipment business)(Rheem Manufacturing plans warehouse in Randleman, NC)
August 1, 2004... BURLINGTON -- TriPath Imaging, which makes cancer-screening products, won approval from the U.S. Food and Drug Administration to use two more kinds of cell-collection devices with its cervical-cancer screening kits. The approval should make the...

Charlotte.(Regional Report)
August 1, 2004... CHARLOTTE -- The Carlyle Group, a Washington, D.C.-based private-equity company, sold Horizon Lines shipping company to Castle Harlan, a New York private-equity company, for $650 million. Horizon, the nation's largest ocean-transportation...

Western.(Regional Report)(Healthcare Industry)(Cellphone Company)(Shopping Industry)(Airline Commuter Service)(Brief Article)
August 1, 2004... MARION -- Citing pressures to cut costs, Deerfield, Ill.-based Baxter Healthcare, which makes intravenous solutions, announced that it will lay off about 75 of 2,700 workers this summer. NEWFOUND GAP -- Cell-phone company Cingular Wireless...

FTC says it has no ash to grind in RJR merger.(Tar Heel Tattler)(R.J. Reynolds Tobacco Holdings planned merger)(debating red light cameras in Greensboro NC)(Native American activists attempt revival of Tuscarora nation)
August 1, 2004... Pulling off a big merger in the glare of antitrust scrutiny requires a tricky balancing act. Investors need assurance that the deal will help the company compete better, while regulators need to be persuaded that it won't help too much. ...

Business makes new ASU chief a rare bird.(People)(Appalachian State University)(Biography)
August 1, 2004... When Ken Peacock began teaching income taxation at Winston-Salem State University in 1973, he wasn't looking for a career in higher education. A tax planner and auditor for one of the big accounting firms, he volunteered to fill in for faculty...

Insurer's stock price might fall as interest rates rise.(Money Matters)
August 1, 2004... If you own a home, chances are you've bought title insurance. Most lenders require it. And if you own a home in North Carolina, chances are good it's from Chapel Hill-based Investors Title Co. (Nasdaq: ITIC). The company had the state's top...

N.C. small business sees little incentives.(Capital)(North Carolina )
August 1, 2004... The best thing government can do for business, Ronald Reagan was fond of saying, is to get out of its way. Maybe--though reality often took a back seat to his rhetoric--but that's not the North Carolina way. The prevailing viewpoint among...

Panthers try to run up the score on last season.(Sports Section)
August 1, 2004... Winning, they say, changes everything. But the Carolina Panthers' front office is doing the same things after a Super Bowl appearance this year as it did after the team finished 1-15 in 2001: negotiating player contracts, searching for new...

The play's the thing: but who pays is another for the state's--and the nation's--oldest outdoor dramas, whose audiences are slipping away.(Feature)
August 1, 2004... As the Battle of Kings Mountain rages around them, Jack Stuart slashes at Maj. Patrick Ferguson with his sword. Behind them sprawls a dead redcoat. Every summer, six nights a week, the scene plays out in the 2,500-seat Daniel Boone Theatre in...

New wave: will rising interest rates mean declining fortunes for the state's largest publicly traded companies?(Top 75)
August 1, 2004... In the stock markets, a rising tide doesn't lift all ships--just the ones without holes in their hulls. With money about as cheap as it could be and the gross domestic product on the rise, the median market value of the state's 75 largest...

The jet set: Honda builds a little jet that could have a big impact on business aviation--and a growing Triad industry.(Cover Story)
August 1, 2004... As the chilly day dawns, the attention of aviation enthusiasts around the world is riveted on North Carolina's Outer Banks, where builders of a replica of the Wright brothers' 1903 airplane race to repair crash damage before the centennial...

Keeping house: it takes up to 1,600 people to run the Biltmore Estate. You need a lot of help to hold back the hands of time.(Picture This)
August 1, 2004... Smoothing wrinkles from the lap of George Vanderbilt's luxury can be tedious. Whether it's cataloging tapestry tassels or applying eyeliner to animal trophies, the jobs required to maintain and operate the Biltmore Estate prove less is more....

Executive Education 2004 report.(SPECIAL ADVERTISING SECTION)
August 1, 2004... There was a time when business experience was enough. But in today's competitive environment, education is essential. Traditional MBA programs are available at most colleges and universities. As the state's economy has shifted, programs are...

Welcome home.(2004 Luxury Living: SPECIAL ADVERTISING SECTION)
August 1, 2004... If you've ever wondered whether it's possible to feel as if you are at home and on vacation at the same time, the answer is yes. Since 1988, National Golf Club in the Village of Pinehurst has offered private residential communities with a...

Bricks & mortar.(Brief Article)
August 1, 2004... The CCB sign atop Central Carolina Bank has been a landmark in Durham since it was erected in 1964. It will come down in 2005 after a merger with Atlanta-based SunTrust. First known as the Hill Building, the 17-story tower was completed in 1937...