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Monday, April 28, 2025

February 2018

North Carolina Power 100

North Carolina Power 100

ALSO IN THIS ISSUE

VisionQuest chief denies federal fraud charges

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VisionQuest Capital faces federal charges of allegedly defrauding investors of about $15 million

Clayton rodmaker Cashion lures avid anglers

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It’s the science that turns this rod into a different kettle of fish.

Delmestri family earns healthy returns from hospital furniture

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IoA designs and sells customized furniture to U.S. hospitals.

The little-known tale of the N.C. Railroad Co.’s birth

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Calvin Graves is the forgotten leader who set North Carolina on track for progress.

Asheville event makes a business play on climate change

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Asheville has now been dubbed “Climate City,” as it plays host to the inaugural ClimateCon 2018.

Drapac bets on Brunswick County growth

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Australian investor Drapac Capital Partners scooped up distressed properties including several in fast-growing Brunswick County.

The big fall for top cat Jerry Richardson

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Decades of admiration and respect quickly disintegrate for Jerry Richardson.

Historic Smithfield’s star is rising

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Smithfield lures visitors as the birthplace of a famous Hollywood starlet — But the former tobacco town on the edge of the Triangle looks to develop a luster all its own.

Alevo’s dreams dashed as promises proved unattainable

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Alevo promised to reignite a storied N.C. manufacturing plant by making revolutionary storage batteries, creating an economic powerhouse. Three years later, after a bankruptcy and mass layoff, the dream faded.

Bain Capital Ventures parks $43M in Passport

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Bain Capital Ventures parks money in Passport.

Catawba county delivers on its promises

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Catawba County has reinvented itself as a high-tech hub, drawing on its roots in furniture and textiles.

Folwell, Custer, others share 2018 N.C. econ outlook

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A long list of job announcements closed out 2017. As the state looks to repeat its success this year, it can’t afford to leave rural areas behind.

First in Flight: The future of flying

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The birthplace of aviation reaches new heights as international airports and aerospace manufacturing extend North Carolina’s global reach.

First in Flight: Soaring to success

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International airports are soaring high.

First in Flight: Ready for takeoff

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From Kinston to Asheville, more than 1,000 companies make up a thriving aerospace supply chain.