2007-02

Article Title Issue

Coming attractions boost industry's going concerns

Good weather meant good times for Tar Heel tourist attractions last year. From the coast to the mountains, a winter that was cold but not too cold, a summer that was hot but not too hot and a hurricane season that brought little wind or rain allowed crowds to flock to beaches, golf courses and other spots.
2007-02

Commercial builders do not expect to hit the wall in '07

Even in good times, life in the construction industry can seem like a nerve-racking creep along an I-beam several stories high. When work is easy to find, prices for building supplies go up and labor gets harder to find and keep. But having too much business is better than the alternative.
2007-02

Companies fret about generations to come

The state's biggest power companies spent the last few years tightening focus on electricity generation and distribution. Now they need to figure out how to keep the juice flowing to a growing population. "A lot of the companies like us are having the same experience," says Bill Johnson, chief operating officer of Raleigh-based Progress Energy.
2007-02

Factories find future is what you make it

Barry Matherly lives in the future. As executive director of the Lincoln Economic Development Association, he scouts the globe for prospects. The result of his efforts is a mosaic of what manufacturing might become in North Carolina.
2007-02

Foreign trade keeps companies on the go

Foreign trade is making waves at state ports in Wilmington and Morehead City. In fiscal 2006, it helped boost the N.C. State Ports Authority to record revenue of $46.9 million, up 32% from the year before and the authority's biggest profit in 15 years. International trade is expected to double by 2020, mainly driven by China and India.
2007-02

Investments inject new life into sector

When Intersouth Partners sought investors early last year, the Durham venture-capital firm didn't have to look hard. Intersouth closed its fund in May with $275 million, the most it has ever raised. "Venture fundraising has been on a tear," spokeswoman Suzanne Cantando says.
2007-02

Jim Fain became commerce secretary as forces mobbed up to rob jobs from the state. Here’s how it replaced them.

Jim Fain, a former banker, became the state's secretary of commerce in 2001 — just as the economy was heading south. After nine years of gains, the state's private sector lost jobs and continued losing them until 2004.
2007-02

Making a difference - N.C.'s largest employers

As the number they employ continues its long decline, Tar Heel manufacturers manage to do more with less.
Broyhill Furniture Industries, the Lenoir-based manufacturer that once was a Tar Heel icon, ended last year the way it ended 2005: announcing that it was shutting a plant in its hometown.
2007-02

Making a name for yourself

As much as I distrust the federal government’s efforts to pry into our affairs, I don’t lose a lot of sleep over it. That’s due not only to my lack of confidence in our leaders’ competence at most things, whether it’s running a war or getting the mail delivered, but also to the American people’s uncanny ability to confound the powers that be — and themselves.
2007-02

N.C. companies hoist sales for inner and outer banks

North Carolina's two largest banks went shopping last year, but their sexiest deals weren't for full-service banks like themselves.
2007-02

Rate payers might benefit from healthy competition

During the past decade, with medical costs often rising double-digit percentages annually, some health insurers left the state rather than try to compete with Blue Cross and Blue Shield of North Carolina. In 1995, the Chapel Hill-based company claimed about 25% of the market for accident and health insurance. In 2005, it had 39%.
2007-02

Shoppers might start furling stores' sales

Economists don't always see eye to eye. And even when they do - most, for example, believe retail spending won't grow much in North Carolina this year - they often don't concur on the reason.
2007-02

Tar Heel techies try to get the boom to echo

In the world of high-tech electronics, sometimes there's no such thing as a straight line.
2007-02

To stay patients, state will need more doctors

For most of 2006, Tar Heel health care appeared to be on the mend: Malpractice angst eased, physicians dodged a cut in government payments, and hospitals were building.
2007-02

Where there's smoke, there's fare for farms

Don't tell Faylene and Richard Whitaker that tobacco farming is fading in North Carolina. Despite a federal buyout of quotas that has reduced production in recent years, they grow about 140 acres of it on their Climax farm - double what they devoted to it two years ago.
2007-02