Business North Carolina’s August 2021 magazine spotlights the 75 largest public companies based in North Carolina, ranked by market value. The list shows double-digit gains for most companies because of the strong stock market rebound over the last year. One of the stronger performers, Kontoor Brands, is featured in a story on the apparel company’s successful spinout from VF Corporation.
Another feature details efforts to boost North Carolina’s cannabis industry including a strong legislative push to legalize the use of medical marijuana. In a similar vein, writer Shannon Cuthrell explains how the state’s gambling industry is gaining a higher profile through the controversial new casino opened by the Catawba Indian Nation in Kings Mountain in July.
The magazine also features the expanded popularity of kombucha lounges around the state; how window and door manufacturer Jeld-Wen is faring amid the housing boom; a little-known Cary-based company that is among the 15 largest U.S. realty agencies; and a look back at former Gov. Luther Hodges’ legacy as both an economic development pioneer and a strong supporter of school segregation.