2005-06

Article Title Issue

Board doesn't keep faith, so Belk bolts

Andrew Jackson said that one man with courage makes a majority. If one man with currency could perform the same trick, you’d think it would be John Belk at Davidson College. The chairman emeritus of Belk department stores is the school’s most generous individual donor, though it won’t say how much he has given.
2005-06

Cheap imports kill mills as wharf fare heats up

During the past 10 years, Tar Heel textile makers have closed factories, laid off workers and moved a good portion of what production they have left offshore. The most-cited reason: a glut of cheap imports.
2005-06

Finding diamonds in the rough was his job

Sometimes, Donald Haack says, he wonders who the young man with a crew cut in the yellowed photographs was. The one who nearly suffocated in a South American river when his diving helmet failed.
2005-06

High ambition

Western North Carolina is a great place to live but a hard place to make a living. Its assets include rugged mountain beauty and a willing work force, but much of it is isolated, geographically and politically. New companies barely keep pace with plant closings.
2005-06

High-school confidential

Lots of people hang their college degrees on the walls of their offices. The publisher of The Pilot, the Southern Pines newspaper, also displays his high-school diploma. He wonders why I would think that odd. “It was a huge accomplishment, getting through four years there, rigorous as it was,” David Woronoff says.
2005-06

If business is good, he loses his pants

Bar-S-Ranch is not your average country club, but it has the bare essentials. Play the nine-hole golf course or pingpong, go for a swim, fish in the 7-acre stocked lake, roam the nature trails on its 400 acres 10 miles west of Reidsville. Then get dressed and go home.
2005-06

Rules cause big headache for small-business owners

Small-business owners in North Carolina are less satisfied with local business conditions than peers in neighboring states, according to a survey by the Washington, D.C.-based National Federation of Independent Business.
2005-06

Skyline drive

Kevin Archer and his wife, Leslie, had looked at five or six condominium sites in downtown Charlotte when they rode the elevator to the top floor of a 13-story building one Sunday in January. The Archers were planning to move to the Queen City from Hickory, but they hadn’t seen anything they wanted to buy.
2005-06

Tar Heels' victory suits Soffe to a T

Pete Gilman showed up for work at M.J. Soffe Co. around midnight. His job as sales manager for the Fayetteville apparel manufacturer’s collegiate division usually requires him to work while the sun shines. What happened this night had changed that.
2005-06

Utility executive lends his energy to commerce

Some executives grow with the job. Sandy Jordan, the new director of business recruitment at the N.C. Department of Commerce, figures his job got a head start on him. “It’s a competitive business and we’re competing with locations worldwide.”
2005-06

When more than you need is not enough

To shed 450 of its 15,700 jobs, Raleigh-based Progress Energy offered early retirement to 3,500 people — everybody on its payroll who had turned 50 and spent at least five years with the company. The plan worked only too well.
2005-06

Where the elite meet

Sitting on a plush green couch in the concierge lounge on the 18th floor of the Marriott in downtown Charlotte, Dennis Campbell seems relaxed for someone who just helped give away almost $55 million. The Duke Endowment hit a milestone at its meeting, surpassing $2 billion in grants since James B. Duke started it in 1924.
2005-06