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Entrepreneurship
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Barringer Gold Mine Encyclopedia
Historians claim the opening of Barringer Gold Mine was a watershed event. Formerly one of the most important gold mines in 1800s North Carolina, the Barringer Gold Mine is remembered now mostly for being the first gold mine in the Southern Piedmont to use lode mining (pure mining from mineral deposits).
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Caleb Bradham (1867-1934) Encyclopedia
Known mainly for inventing “Brad’s Drink,” later called Pepsi-Cola, Caleb Bradham’s business career reached its apogee a couple years before World War I. The effects of the government’s rationing of sugar during the Great War cost Bradham immensely. Although Pepsi-Cola declared bankruptcy in 1924, the New Bern resident had created a product that North Carolinians and Americans (and now the world) still enjoys.
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Bunker Hill Covered Bridge Encyclopedia
Designated as a National Civil Engineering Landmark in 2001, the Bunker Hill Covered Bridge is the only remaining wooden example of the Improved Lattice Truss patented by Brigadier General Herman Haupt and one of only two original covered bridges remaining in North Carolina.
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Cameron Village Encyclopedia
The Cameron Village Shopping Center opened in 1949 with three stores and one restaurant. The open-air shopping mall was not only Raleigh's first shopping center away from downtown but also is considered the first shopping center constructed between Washington, D.C. and Atlanta, Georgia. By 1950, Cameron Village, a “town within a town,” comprised 65 stores, 112 business or professional offices, 566 apartment units, and 100 private homes.
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The Cupola House Association Encyclopedia
One of the earliest preservation efforts in North Carolina, The Cupola House Association has maintained the Cupola House in Edenton, built in 1758, for all to enjoy. It is a prime example of concerned citizens finding private solutions to solve historical preservation problems.
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Don Curtis and the Curtis Media Group Encyclopedia
Although Don Curtis founded the Curtis Media Group in 1968, he started his media career ten years earlier. In 1957, 15 year old Don began working at WKMT in Kings Mountain, North Carolina. He transformed his weekly broadcast in Bessemer City into one of the largest single shareholder companies in the United States.
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Duplin Winery Encyclopedia
Although Tar Heels were national leaders in wine making before the Civil War and once again during the early 1900s, few modern-day Americans—and even native Tar Heels—have regarded the state as a leader in grape and wine production. North Carolina is known mainly today for championship college basketball and tourist attractions and its tobacco and pork industries. Over the past two decades, however, wineries have been started across the state. Yet Duplin Winery in Rose Hill has been the major link between the days of state and local Prohibition and the current revival in North Carolina viticulture and serves as a harbinger for the medicinal uses of the muscadine.
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Food Lion Encyclopedia
A regional grocery chain and subsidiary of Belgium-based Delhaize Group, Food Lion began in 1957 as a one-store operation in Salisbury, North Carolina, under the name Food Town and the direction of
Ralph W. Ketner. After the introduction of the
LFPINC concept in 1967, the grocery chain grew from seven stores to approximately 800 in 1991, the year in which Ketner retired. Before then in 1983, the company had changed its name to Food Town. During the early 1990s, the supermarket chain went through legal battles that curbed its exponential growth. Under the leadership of DelHaize Group executives, the company in February 2007 employed approximately 73,000 workers in almost 1,200 stores and served nearly ten million customers in eleven states.
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Freedmen's Bank Encyclopedia
After the Civil War, Northern missionaries and Freedmen’s Bureau agents encouraged emancipated slaves to participate in a free-labor economy and embody middle-class values. But the South lay in ruins. It was difficult for many whites to rebound financially and for former slaves to find work, much less start enterprising careers. Freedmen, however, adjusted quickly to the demands of a free-labor economy.
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Antebellum Gold Mining (1820-1860) Encyclopedia
“The mining interest of the State is now only second to the farming interest.” So wrote a reporter of the Western Carolinian of Salisbury in 1825. But according to historians Richard D. Knapp and Brent D. Glass in
Gold Mining in North Carolina (1999) the average Tar Heel did not fall victim to gold fever. Nevertheless, there was enough demand by 1830 for a Charlotte-based
Miners’ and Farmers’ Journal to begin publication.
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Willis Hinton (1840-1924) Encyclopedia
In spite of his illiteracy, Hinton was a successful entrepreneur. He ran two flourishing businesses when African Americans struggled for equality and respect and the chance to participate in a free market where each held his own.
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Ralph W. Ketner (1920- ) Encyclopedia
Co-founder of Food Town (later renamed Food Lion), Ralph Ketner started working in the grocery business as a child in his father’s meat store in Salisbury, North Carolina and later as a teenager during the Depression in his brother’s Kannapolis, North Carolina store. These early experiences, combined with an innovation and lifelong desire to cut costs, helped Ralph Ketner revolutionize the grocery industry and make a one-store operation in Salisbury into a leading, national supermarket chain.
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Lunsford Lane (1803-?) Encyclopedia
Born just outside of Raleigh, North Carolina on May 30, 1803, Lunsford Lane exhibited entrepreneurial talent as a child and a determination as an adult to buy his freedom. He is most famous for writing a slave narrative that included descriptions of his business activities while in bondage and his troubles securing his and his family’s freedom.
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LFPINC (Lowest Food Prices in North Carolina) Encyclopedia
LFPINC (Lowest Food Prices In North Carolina) was an acronym used successfully by Ralph W. Ketner, co-founder and president of Food Town/Lion, to symbolize his cutting cost theory—lowering prices on all items to sell more products and therefore make a larger profit. By the 1970s, the LFPINC concept revolutionized the supermarket industry.
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Historic Murray's Mill Encyclopedia
In the rolling hills of eastern Catawba County, Murray’s Mill is located where it was built in 1913. Three generations of the Murray Family operated the mill before bureaucratic red tape and increasing taxes forced Lloyd Murray, John’s son, to close its doors in 1967.
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