Thursday, June 30, 2022

August 2011

The bank job

Disaster. Perseverance. Disappointment. Redemption. North American Financial Holdings Inc.’s ascent from abstract business plan to the state’s fifth-largest financial institution in less than a year has the narrative arc of a blockbuster movie, and we’ve provided the storyboards.

Regional Report Western August 2011

Steve Miller, 56, was a young employee at Biltmore House when brothers George and Bill Cecil Sr. split the Asheville estate their grandfather George Vanderbilt built at the end of the 19th century.

Onto another plane

As his black Chrysler rolls out of Little Washington across the bridge over the Pamlico River, Reggie Fountain chatters like a jackhammer into his cellphone.

Top 75 public companies


Nearly three years after the credit crisis crippled the economy, businesses are on the mend, as evidenced by the Top 75, Business North Carolina’s annual ranking of the largest publicly traded companies based in the state.

Regional Report Triangle August 2011

In June, PNC Financial Services Group Inc. agreed to buy RBC Bank USA, the Raleigh-based retail-banking arm of Royal Bank of Canada, for approximately $3.5 billion.

Regional Report Triad August 2011

Unifi Inc. opened an $8 million recycling plant in Yadkinville to meet demand for its Repreve polyester yarn.

Regional Report Eastern August 2011


Jim Fain doesn’t have big shoes to fill.

Regional Report Charlotte August 2011

“Because we don’t want to.”

Prize catch

Ed Martin, our senior contributing editor, did it once again, this year winning the gold prize for best magazine feature in The Alliance of Area Business Publications Editorial Excellence Awards.

One nation under nanny

President Obama came to town a few weeks ago, and much levity ensued.

Down the rabbit hole

Illegal immigration can do funny things to politicians.