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North Carolina Economy Remains Vibrant Despite Challenges

Overseeing mfgCON, a major manufacturing conference in North Carolina, Norwood Teague works to bring together major industry participants in the productive annual event. Norwood Teague is also the event manager for Business North Carolina magazine, where he maintains a close watch on trends in the dynamic statewide environment.

A recent Business North Carolina article detailed a Campbell University roundtable on the state of North Carolina’s economy. According to a professor of economics at the school, the overall picture is robust, with utilities experiencing rapid growth and the durable-goods and IT sectors strong.

Not expanding as quickly are finance and retail, which is consistent with broader US trends. Agriculture is one area of slight decline.

With personal income on the rise in North Carolina, as much as 85 percent of growth is focused in the areas of Raleigh-Durham, Charlotte, the Triad, and Asheville. A First Citizens Bank institutional portfolio strategy manager noted that real estate is flat and downside risks are related to trade with China and falling commodity prices, but recession does not appear likely in 2019.

General Eisenhower’s D-Day Landing Plan

D-Day Landing Plan
Image: popularmechanics.com

Norwood Teague directs a trio of annual events in North Carolina, including the state’s largest manufacturing sector convention, mfgCON. With a longstanding concern in the importance of history, Norwood Teague is particularly interested in World War II.

The 75th anniversary of D-Day was recently commemorated in many countries around the world. The storming of Normandy’s beaches, which hastened an end to the conflict, was commanded by General Dwight Eisenhower, who visited the Airborne Infantry in England the night before D-Day and spoke of the meaningfulness of the men’s mission and sacrifice. He had been advised that a casualty rate of 80 percent was likely for those involved in 101st Airborne paratrooper beach drops.

With an overriding concern for the safety of all participants, Eisenhower had doubled the initial assault capacity to 2.8 million men and 7,000 ships. Major variables included German reinforcement rates and the weather during the landing.

On one of the few occasions Eisenhower talked about D-Day, he recalled “hoping and praying” for good weather but instead confronted the worst possible weather report. Fortunately, there was a brief break in the storms of June 6th, and Eisenhower made a snap decision to go. That proved to be the right decision – the Germans were unprepared because they assumed the bad weather would prevent a landing.

An Interview with Quis Machinery Owner Jason Dingess

Norwood Teague is an event director with Business North Carolina magazine, where he directs mfgCON, the largest manufacturing convention in the state. In November 2018, Norwood Teague interviewed Jason Dingess, the owner of Quis Machinery, a mfgCON participant and sponsor.

Quis Machinery provides quality equipment to furniture makers, millwork companies, and kitchen cabinet companies across the Southeast. As Mr. Dingess describes it, running the company is a culmination of a longstanding interest in woodworking that began with his viewing of a portable lap desk at the Smithsonian Institute crafted by Thomas Jefferson and his carpenter. The artifact brought home the symbolic and practical importance of well-crafted wood pieces.

To this day, Mr. Dingess is in constant communication with Frank Quis Jr., the son of the founder of Quis Machinery, in the gleaning of strategic advice. At the same time, Mr. Dingess asks customers many questions and listens carefully to their answers. By placing himself in the customers’ shoes, Mr. Dingess is able to stay on top of their specific needs and wants.

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