Capital at Play January 2016

Annual Manufacturing Edition

The Free Spirit Of Enterprise

Thinking SMALL

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Manufacturing Due Diligence p.58 2015 Tax Strategies p.72

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MANUFACTURERS IN WESTERN NORTH CAROLINA - LIST Volume VI - Edition I complimentary edition

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| January 2016

this page :

Cypress barrels used for long term miso storage, photo by Anthony Harden.

F E AT U R E S vol. vi

10

MISO MAGIC

BELLEME, PUKEL, & EVANS

ed. i

46

THINKING SMALL TEAL & GERRY BROWN

January 2016 | capitalatplay.com

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C ON T EN T S L

j a n u a r y 2 016

tents outside of the Outdoor Retailer Summer

Market 2015, photo courtesy Forrest Merithew.

can be difficult an ent Professionals, s easy.

64

p.

MANUFACTURERS IN WESTERN NORTH CAROLINA

23

- LIST -

lo c a l i n d u s t r y

36

l e i s u r e & l i b at i o n

The Play is The Thing The Wages of Gin Outdoor gear builders in Western North Carolina are making their presence known.

Being an examination of the facts and fiction of hangovers.

colu m ns

briefs

58 M anufacturing Due Diligence

When considering the purchase of a manufacturing company, it’s up to the Buyer to look for any red flags.

32 Carolina in the West 60 The Old North State 74 National & World News

Written by Curtis Harding

72 2 015 Tax Strategies

Tax planning for the year that just ended might not be behind you yet.

Written by Tara C. Theodossis

8

| January 2016

on the cover :

Teal Brown, of Wishbone Tiny Homes, on the porch of a recent structure designed by the company. photo by Anthony Harden

78

c a p i ta l a d v e n t u r i s t

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pressing the miso to remove air.

10

| January 2016

Miso Magic A little taste of Japan – with big health benefits – is being made at a most unlikely spot in Western North Carolina. written by marl a hardee milling

|

photos by anthony harden

January 2016 | capitalatplay.com

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T

r aking cooked soybeans into vats.

hink of miso soup and your mind most likely makes a connection to Japan or your favorite Japanese restaurant, but there’s a surprising link to Western North Carolina and miso that most people don’t know. It’s a great ice-breaker line at a party: Did you know that the world’s largest organic miso manufacturer is located in Rutherfordton?

It’s true. The American Miso Company churns out about 700,000 pounds of handcrafted miso every year.

It’s marketed under the Miso Master Organic Miso brand.

“We are a tiny company with a big presence,” says Leila Bakkum, sales manager for American Miso Company. “Nobody knows we exist. All this beer is getting attention and no one knows we’re here. We’re the world’s oldest fermented food. My objective is to awaken people to how versatile miso is as an ingredient. I have lots of miso fantasies.”

It takes a little over an hour to arrive at the American Miso Company plant in Rutherfordton from Asheville. This after traveling part of the way on I-40, and then venturing off the highway to wind around what seems like continuous curves past nondescript trailers, fields, and small houses.

Even upon arriving at the facility, there’s nothing out of the ordinary to capture the imagination in this rural setting. Right off 12

| January 2016

scr aping cooked

rice into vats.

the two-lane road, there’s simply a series of buildings surrounded by empty trailers, refrigeration units, and cars of employees. Twenty-three workers make their living here—treasured jobs in one of the lowest income counties in Western North Carolina. Two dogs amble their way to greet the rare visitor who shows up at this site, their tails wagging with appreciation at a soft pat on their heads.

Joe Kato, the miso master, leads the way through the operation after stretching a net over his salt-and-pepper hair, which is pulled back into a small ponytail, and another one over his beard. He also wears a long coat-like smock and provides the same for visitors.

The smell of steamed rice hangs heavy in the air. It’s a Wednesday and that means it’s mixing day, so the activity in the first production building is constant with six workers synchronized in sort of an organized chaos. Giant vats filled with rice are inoculated with spores of Aspergillus oryzae (similar to the probiotic bacteria found in yogurt) to create what’s known as koji. This is the first step in creating miso.

Workers pass by with a fully inoculated bin of white rice and wheel it into a closet, where the rice will “sleep” overnight. At the same time, other workers are scraping trays of the koji rice into buckets, and others are raking cooked soybeans into vats, adding salt, and mixing the ingredients together.

“The fermented rice is the key ingredient,” says Kato.

“We mix it with soybeans and sea salt. There are only three ingredients mixed together.” He takes a pinch of the koji rice and holds out his hand for his visitor to sample. It tastes like steamed rice, only drier and sweeter.

As the workers continue their synchronized duties, Bakkum says, “There are few miso shops anywhere that are this labor intensive. Most miso factories do everything by machinery. Ours is handmade.”

There are different varieties of the miso they produce. Mellow White Miso and the Traditional Red Miso are the most popular, but they also sell Country Barley Miso, Brown Rice Miso, Sweet White Miso, and Chickpea Miso. The difference is in the proportion of the three main ingredients

“Most miso factories do everything by machinery. Ours is handmade.”

January 2016 | capitalatplay.com

13

that they use, as well as the length of time spent fermenting.

The chickpea variety exchanges the soybeans for chickpeas.

Kato walks to the back of the building to open a door, revealing dozens of vats of miso that are fermenting. Each vat is covered with plastic and has river rocks interspersed on top in order to press out the air. Short-term fermentation is used for the lighter colored miso varieties. Kato says these vats are kept at 80 degrees for about 30 days. At the other end of the spectrum is the long-term fermentation, which creates the deeper colored miso and requires room temperature as the fermentation process carries out over one to two years.

Kato has been with the company for more than 20 years, but he admits it hasn’t been consecutive. He left for awhile during the ‘00s to open Heiwa Shokuda restaurant on Lexington Avenue in downtown Asheville. After running it for several years, he ultimately sold it and decided to return to his post as miso master.

He leads the way out of the first production building and enters a second where another crew awaits the finished miso to pack and ship. They package the miso varieties in 8 oz. and 14

| January 2016

1 lb. tubs for retail consumers, and 4 lb., 15 lb., and 40 lb. for wholesale accounts and manufacturers.

Entering the final building, Kato points to the massive casks—each one standing seven feet high and eight feet wide.

It’s here that the long term miso is stored as it goes through the fermentation process. “These barrels are mostly cypress,” Kato explains, “but we have some older ones that are oak. Arrow Tanks in Buffalo, New York, makes these for winemakers, but we asked them to make some for us. We started with eight and now we have 55.” Each barrel holds 8,000 pounds of miso.

Behind the barrels is another room—a cooler filled with cases of miso ready to ship.

“Miso Master Miso is available in virtually every single natural food store in the country,” says Bakkum. “We are in every Whole Foods. [Asheville] is also the home of Earth Fare, and we are the only miso on the shelf there. The natural foods industry is where we thrive, but slowly but surely conventional chains are waking up to the benefit of having miso on their shelves. Miso is one of the most versatile ingredients you’ll ever encounter.

mixing the ingredients for miso.

“ The natural foods industry is where we thrive, but slowly but surely conventional chains are waking up to the benefit of having miso on their shelves.

Miso is one of the most versatile ingredients you’ll ever encounter.� miso master Kato with miso storage casks.

January 2016 | capitalatplay.com

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Think Outside the Bowl

Dairy Free Miso Pesto Ingredients: 1 cup tightly packed fresh basil, leaves only 2 – 4 cloves garlic, peeled ¼ cup walnuts or pine nuts, toasted ¼ cup fresh parsley, de-stemmed 2 – 4 tbsp. Miso Master Organic Mellow White ¼ - ½ cup extra virgin olive oil Directions: COMBINE the first five ingredients in a blender or food processor. Very slowly trickle olive oil into top of the machine with motor running, until desired consistency is reached.

Serve with pasta, over vegetables, as a pizza topping, or stir into soup for a flavorful treat.

Miso Sriracha BBQ Sauce Ingredients: 3 tbsp. Miso Master Organic Mellow White Miso 5 tbsp. brown sugar 4 tbsp. sriracha sauce 1 tbsp. soy sauce 2 tbsp. sesame oil 2 tbsp. rice wine vinegar Directions: WHISK together all ingredients. Slather over tofu, fish, chicken, or use with your favorite BBQ recipe.

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Tasty Thai Sauce Ingredients: 4 tbsp. Miso Master Organic Mellow White Miso 3 tbsp. peanut butter 2 tbsp. fresh lemon juice ¼3 cup water 1 tbsp. cooking sherry 2 tsp. ginger juice 1 clove garlic, minced ¼ - ½ tsp. hot sesame oil Directions: THOROUGHLY mix the miso and peanut butter. Combine remaining ingredients and stir into the miso-peanut butter mixture. Put this mixture in a sauce pan and slowly warm, stirring frequently until it thickens. Serve over noodles, rice, vegetables, or as a dip for kebabs.

Marvelous Miso Hummus Ingredients: 1 cup cooked chickpeas 2 tbsp Miso Master Organic Chickpea Miso 2 tbsp tahini 2 cloves garlic 1 ½ tbsp. lemon juice Directions: MIX all ingredients in food processor or blender. Serve as dip for pita bread, crackers or veggies, or as a delicious sandwich spread with red onion, lettuce, and tomato.

✁

While miso soup is the traditional way to partake of miso, there are creative alternatives to incorporate it into sauces, dips, and glazes. Test out some of these recipes provided by Miso Master Organic Miso:

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preparing rice prior to putting in a closet to “sleep.�

18

| January 2016

k ato in a room of fermenting miso.

That’s where we’re seeing a lot of growth—restaurants and manufacturers. For example, Brad’s Raw Kale Chips adds miso as a flavoring.”

She says some of the Asheville area restaurants that buy Miso Master Organic Miso include Heiwa, Doc Chey’s, Chestnut, Early Girl, The Hop Ice Cream Café, Vortex Doughnuts, and Gan Shan Station.

Great Beginnings So how did Western North Carolina become the site of the world’s largest organic miso manufacturer?

Its history goes back to 1979 when John and Jan Belleme traveled to Japan to learn how to make traditional miso from the Onozaki family. The Bellemes are noted for writing several books, including 2004’s The Miso Book: The Art of Cooking with Miso, as well many articles about miso, which educate readers about its health benefits. Their interest in a macrobiotic diet is what ultimately inspired their study in Japan. With support and encouragement from famed macrobiotics expert Michio

Kushi, they took action on their dream to bring miso making to the United States.

“It was a high risk situation,” says John Belleme of the decision to learn the trade in Japan. “People in Japan have been making miso for generations. Whether we could learn it in nine months was questionable, but we did it.”

The story of what happened in Japan is quite remarkable.

They flew into Tokyo with the knowledge that someone would meet them at the airport and take them to a miso shop that was aware they were coming. But the driver didn’t know anything about this plan. Amid the confusion, he located a miso shop and drove them there. “Before the owner committed to anything, the man drove off and left us. It turned out to be the best place in the world to wind up and we were dumped there,” says Belleme.

The miso shop owner and his family welcomed the Bellemes into their 300-year-old unheated house and began to teach them the traditional way of making miso. None of them spoke a word of English; Belleme had only gone through a three-month language class, and his wife didn’t know any Japanese.

January 2016 | capitalatplay.com 19

“We had an extraordinary teacher who was willing to go out of his way to teach us the basics,” says Belleme. “The likelihood of it being a success was pretty extraordinary. If we had wound up at another place, it’s unlikely it would have happened. We wound up with a man who had a lot of integrity and compassion.”

Isothermal Belt. It’s a strip of land, not very big, [only] about 20 miles wide by 80 miles across, and Rutherford sits in that band of land. We wanted to have the company in North Carolina, and this area is more warm and humid than in surrounding areas.”

After about six months, he brought Mr. Onozaki to the United States, along with his oldest daughter and her new husband. They came to monitor the operation and make sure the traditional Japanese miso making techniques were being used properly.

“They worked with us for about six months,” says Belleme.

American Miso Company was an initial partnership between Belleme, Sandy Pukel, and Barry Evans. Pukel had owned a natural foods store where Belleme had served as manager and Evans was a frequent customer. The Bellemes learned how to make the miso and the others provided funding. It was originally called Erewhon Miso Company; Erewhon is the name of a company owned by Michio Kushi and his wife, Aveline, but Erewhon ultimately went bankrupt and

“You need ambient temperatures to ferment the miso. There’s a phenomenon called the Isothermal Belt. It’s a strip of land, not very big, [only] about 20 miles wide by 80 miles across, and Rutherford sits in that band of land.”

The Bellemes returned to Western North Carolina and built the company in Rutherfordton, chosen because of the environment. “You need ambient temperatures to ferment the miso,” explained Belleme. “There’s a phenomenon called the

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the partners changed the name of the miso factory to American Miso Company.

Today, Barry Evans remains the owner of American Miso Company and the Great Eastern Sun, which is the distribution side of the operation based in Asheville. “After about seven years of making miso, I trained someone else to do it,” says Belleme.

“Barry Evans bought me out.”

Health Benefits of Miso Miso Master Organic Miso is touted as “the finest miso in the world,” and that claim is based on the strict standards to prepare high quality organic miso using ancient traditional Japanese techniques.

They’ve achieved many certifications—their miso is Certified Organic, Verified Non-GMO, Certified Gluten-Free, and Certified Kosher. The company also takes care not to use additives or preservatives to speed up the fermentation process, such as alcohol. “We let our miso age naturally,” says sales manager Bakkum. “Other brands add fermentation accelerants.”

Miso is known for having many health benefits. It’s loaded with helpful bacteria, vitamins, protein, and dietary fiber,

among others. “If you look in The Miso Book that I wrote with my wife, there’s a chapter on Miso Medicine,” says Belleme.

“There are pages of documented medical benefits and it’s all based on research.”

One recent study—published in 2013 by the Journal of Toxicologic Pathology—reveals that miso is beneficial in reducing incidents of radiation injury, cancer, and hypertension. Even though miso is relatively high in sodium, the study says, “It is better to refrain from excessive intake of salt, but it may be recommended to consume miso soup to prevent lifestyle-related diseases including hypertension.”

As miso master Kato puts it, “Miso is the best natural food in the world.”

Study cited in article: http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3695331/

January 2016 | capitalatplay.com

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| January 2016

local industry

Play Thing THE

IS

THE

Outdoor gear builders in Western North Carolina are making their presence known far beyond the immediate region. written by forrest merithew

photo courtesy of Forrest Merithew January 2016 | capitalatplay.com 23

local industry

summer market, photo courtesy of Outdoor Retailer.

T

he actual first day of Outdoor Retailer

Summer Market 2015 (August 3-6 in Salt Lake City) is always the demo day, which involves demoing and testing of gear by all who are at the conference and wish to attend the offsite event. In other words, this is recess before folks get down to the nitty, gritty business side of things.

For Summer Market, they are holding this year’s demo day on Aug. 2 at Pineview Reservoir, located about an hour north of Salt Lake City, just past Snowbasin ski resort. While many of the manufacturing companies present have their own transportation necessary to move their gear from the conference headquarters in downtown Salt Lake City the day before and set up for the demo, for the rest of us guests—buyers, writers, speakers, nonprofit fundraisers, retail store owners, reps, and athletes—it’s a comfortable one-hour coach bus shuttle ride. One every hour, or at least as soon as there’s a good number of folks ready to fill an available bus and go.

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| January 2016

Our bus is no exception, as it is loaded with folks buzzing with energy, typical of the first day of an outdoor recreation conference. Five minutes into the ride, when we’re leaving downtown and heading north on Interstate 15 with Grandview Peak, Bountiful Peak, and Francis Peak visible to our right, two rows in front of me I hear, “In Asheville we have the WNC Outdoor Gear Builders Association.” (OGB). Lo and behold, it’s Alan Davis of Blue Ridge Chair Works, talking with a member of the Grassroots Outdoor Alliance from Atlanta. We discuss the success of the “Get In Gear Fest” OGB put on earlier that spring at Riverlink Park and the continuing evolution of the Association and its growing membership and members. The Association is working to be a vital resource for the local independent companies in outdoor recreation gear; their product development and manufacturing may be on a smaller scale than their West Coast competitors, but the combined resources and knowledge can create notoriety and protect their general shared interests and selling power.

I’m not the only one within earshot that hears the location mentioned. Quickly others, from around the country, are involved in the conversation, primarily asking about or heralding the outdoors and the many activities that the region surrounding Asheville has to offer (plus the occasional food or beer reference). It appears OGB has had success in getting the word out.

This same thing happens to all of those traveling from Asheville for their work with their respective gear companies.

Holly Colson, vice president of marketing for Cane Creek Cycling Components, says that when she travels and tells people within the cycling community that she is from Asheville, they usually have a story about a previous visit or plans for one in the near future. She believes that it’s not only important for the businesses to keep up with the purchasers and enthusiasts using gear with regularity, but also to tie in the location of these local companies producing the gear with the use of those products to advance local economic opportunities.

photo courtesy of Eagles Nest Outfitters, Inc

Just in Western North Carolina alone there are 26 recreation gear manufacturers [providing] 470 jobs and over $6 million of local sourcing.

We’ve already seen this via the beer industry, as large scale companies are relocating here for the water and central geographic location on the East Coast, as well as the quality of life. Just as the breweries have seen this area as a business hub for East Coast distribution and operations, we will continue to see other commercial outdoor gear and recreation endeavors— particularly those in manufacturing—establish operations here, recreating the strong textile and manufacturing history of the region, but in a sustainable, community-oriented, and environmentally friendly way. What’s impressive is the number of companies that have already done this and started their businesses and operations here with successful results.

Just in Western North Carolina alone there are 26 recreation gear manufacturers as identified in Advantage West’s 2014 (and first) census on the issue. Those companies provide approximately 470 jobs and over $6 million of local sourcing to this community, and those numbers don’t include the many outfitters, recreational locations, and retail companies that rely upon this equipment and its users—Kolo Bike Park, Bailey Mountain Bike Park, Asheville Outdoor Center, Southern Raft Supply, Diamond Brand, Black Dome, and the handful of regional ski resorts, just to name a few. The census determined

photo courtesy of Outdoor Retailer

photo courtesy of Forrest Merithew January 2016 | capitalatplay.com 25

local industry

that the outdoor recreation manufacturing industry was one of the faster growing industry sectors in the region, primarily due to the “natural, cultural, and economic assets, tradition of innovation, and supportive community of outdoor enthusiasts.”

The great thing, which will take our local businesses past the tipping point and into the future, is that recognition for the region and businesses currently based here is now coming from around the country, continent, and world (100% of the Asheville Outdoor Recreation Manufacturers distribute nationally and 76% of them distribute internationally). For example, my hotel roommate this trip, Norm, was a sponsored Boardworks Athlete and SUP Expedition leader out of British Columbia, Canada.

Stand Up And Be Counted

Demo day at Outdoor Retailer’s Summer Market consists primarily of paddle equipment and water opportunities on the Pineview Reservoir, with the occasional sunglasses, electric skateboard, pop up equipment vendor, and nutrition company sprinkled in. The Reservoir’s beach is the focus, strung with a

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| January 2016

long line of sponsored pop up canopy tents dotting the whole coast of the relatively large cove. My first thought after stepping off the bus is, “Whoa, way too many stand up paddle board (SUP) companies exist.” But you can already see why—because of the interest and ease of access as evidenced by the large number of folks in the water and along the shore, which has caused the explosive growth of SUP to be the most popular current paddle sport.

One particularly successful company in the SUP industry is Boardworks out of Carlsbad, California (just up the road from where I attended law school and practiced in San Diego before returning to Asheville). Boardworks had been recently purchased by Confluence Outdoor out of Greenville, South Carolina, the well-known company that distributes Dagger, Perception, Wavesport, Adventure Technology, and Mad River Canoe boats, kayaks, paddles, and paddle gear. At Demo Day, Confluence takes up its fair share of beach property in order to exhibit and demo the many different watercrafts the subsidiaries produce for a wide range of uses and interests.

While we here in Western North Carolina have local SUP startups, like West Asheville Standup Paddle Boarding that shapes fiberglass SUP boards, one of the established companies known for dependable whitewater rafts and now immersing itself in the blowup SUP industry is NRS, out of Moscow, Idaho.

It’s on the bus ride back towards town later in the afternoon I overhear the guy behind me talking with his neighbor. “I’m a rep for NRS, and we just moved from Idaho to Brevard, North Carolina, so I can work the Southeast region,” he notes, sharing details about why he is happy about the move, including, but not limited to: fly fishing, water amount and access, views and wilderness, and the people and companies in the region he works with as a sales rep for the well-known boat manufacturer. We chat briefly near the end of our return trip, and he shares with me that NRS will be a sponsor and involved in the activities of Asheville’s inaugural 5Point Film Festival occurring the following weekend, which includes the river cleanup and subsequent river demo segment. It becomes quickly apparent that in the short amount of time he’s moved

cross country and started the new position, he has had plenty to do, both for work and personal enjoyment.

Miles Of Aisles

On Wednesday morning, 24 hours after stepping onto the Demo Day shuttle bus, the real conference starts—the business side of things, as it were—with an opening breakfast sponsored by the Outdoor Industry Association and North Face discussing the current situation in Nepal following the earthquakes of the previous year. This is then followed by hours and miles of tradeshow floor walking sprinkled with mid-day speakers and lectures. Me, I’m here as a speaker to provide the legal insight on a panel on “Co-labs,” cool industry speak known more formally as joint ventures. I’m quickly starting to see folks I know from Asheville. Walking to the breakfast I get a hug from one of our local Keen reps and, after the presentation on the way back across the street, I catch up with the owner of Southern Raft Supply. While it is noticeable that some of the sponsorship

2 tiered eno e xhibit

photo courtesy of Eagles Nest Outfitters, Inc. January 2016 | capitalatplay.com 27

local industry

and large scale productions at the conference are done by large clothing and gear companies based out of West Coast locations such as California, Oregon, and Washington, there are plenty of companies scattered around the United States whose gear is considered near the top of their respective activities in quality and leading technologies or applications. For those companies that aren’t necessarily leading the industry in sales numbers, it appears that in most cases their business’s development naturally evolved out of the activities that they and their communities were pursuing, thereby causing the need that became the seed for ingenuity and product creation.

It’s this energy and balance that puts Asheville on the map, not just as a place to play, but a place from which the elements needed to play best are designed and created.

One has to figure out his or her goals and plans of attack when it comes to covering the tradeshow floor of Outdoor Retailer Summer Market. It not only commands the whole Salt Palace (Salt Lake City’s downtown Convention Center), it also consists of three very large rectangular tent structures and a demo staging area that takes up a city block across the street.

The scene is primarily divided up by activities, although there is a little mixing and matching, particularly in the tents. I start with the climbing gear and am pleasantly surprised to encounter some Boone locals at the Misty Mountain Threadworks booth, a North Carolina company that started in 1985 making climbing harnesses with the idea to have a sustainable process for a high quality product that would involve and employ the people who used it. With the original owners growing up in Charlotte and climbing west from there, it’s not hard to see how they consolidated their interests with the need for development of gear and the strong textile operations and industries already existing in the region and from which they could gather insight and materials.

The real crème de la crème when it comes to tradeshow booths is local company ENO Hammocks, which won the REI Company’s Vendor of the Year award in 2014. They designed and built a two story wood and metal structure that allows them to show and exhibit their products and can also be seen from across the tradeshow floor, thereby increasing their own visibility. Their location itself is prominent, on the main floor near such companies as GoPro, prAna, and Columbia Sportswear. ENO believes that their success is very much predicated on linking arms with the strong outdoor recreation businesses and manufacturers already in the area. Even though they are now one of the leaders of this movement from a commercial standpoint, they still believe that each company and individual in the local industry brings something special to the table, and that the surface has only been scratched when it comes to exposure, sales, and use of such equipment.

Located in the paddle sports area is another OGB member, Astral. Similar to ENO, they’ve also wisely included a second story structure along with their known artistic touch to create an inviting yet unique atmosphere, enjoyed during work hours 28

| January 2016

photos on this spread courtesy of Outdoor Retailer.

by buyers and at happy hour hosted in the booths at the end of the day by all. When asked about their choice to be located in Asheville and Western North Carolina, Astral responds that ease of access for the activities their gear is intended, along with testing, was of great importance to them. Additionally, they personally know the users of their products, whether they be friends, neighbors, or professionals in the industry, and therefore realize that the gear needs to be of high quality or they will quickly hear about it. This seems to be a recurring theme among these local companies: That quality is greater than quantity and not just when it comes to their products, but with respect to the way of life as a company and the business practices as employer. Astral does recognize that Asheville needs more full-time employers and employment opportunities and believes that the best way to do so is to recognize the passion and interest in a myriad of aspects related to the businesses, products, and activities.

It is important to realize that while this conference is more retail-centric than many others in the industry—like the Outdoor Industry Association’s Rendezvous Experience that was held in

January 2016 | capitalatplay.com 29

local industry

that there was a need for new products or improvements/ upgrades on those already existing. Bill Medlin, previously of Liquid Logic Kayaks and now an independent consultant for the industry, thinks that a while back we reached a tipping point where people “understood that their cool DIY project could be more than a hobby and took the jump to make it a business.” Medlin genuinely believes that much of the growth of a number of companies located here can be attributed to the strong innovative energy and people of the region. With a small pool of local purchasers and investors sharing similar interests and activities, that ingenuity was applied with success and these companies were able to slowly but surely increase their geographic sales region. Now, these companies are attending, demoing, and taking large nationwide purchase orders at the industry’s preeminent event in Salt Lake City twice a year, and there has developed a support community of professionals for testing, use, or professional services collaborating and assisting in their successful development and growth.

Striking A Balance

As I exit the tradeshow on Friday evening (it wraps up on Saturday morning), I pass Kyle Mundt and Tom Dempsey of

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Asheville, October 2014, or Overlandia 4x4 Expo that just held its second annual East Coast show this past fall at Taylor Ranch in Fletcher—there are still a number of non-retail businesses and individuals present and involved, yours truly included. One of these companies is Darby Communications, an Asheville-located public relations business focusing on media and brand relations for the outdoor recreation and gear industry. Coral Darby is the principal and she believes that Asheville now has widespread and prominent recognition in the industry, where before it was more of a niche locale. It is her opinion that the businesses which have started here have primarily evolved out of the recreational opportunities the region provides.

Those business owners have taken their involvement in activities and turned it into a practical product that they and fellow users can then apply. Additionally, she says it doesn’t hurt that we have a local airport hub (with several larger ones nearby in the region) and a city with a range of business abilities and services, things typically lacking from a rural location where people can play but can’t necessarily make a living or base commercial operations due to a lack of people and resources.

Western North Carolina has that balance.

As mentioned previously, many of the local companies were created because users located here in the mountains realized

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SylvanSport trailers, an OGB Member based out of Brevard, holding a business meeting inside their product—the SylvanSport GO, a pop up camper trailer that can do many things. A big focus of SylvanSport, and most (if not all) OGB members and outdoor recreation companies, is the balance of use and preservation of those outdoor environments that enable the play and use of such gear. In that vein SylvanSport has partnered with Goal Zero solar power systems and batteries to provide even more accoutrements for their camper trailers and other equipment via a joint venture opportunity (a business model and opportunity which I had spoken about two hours before).

The following morning I’m moving forward in the Salt Lake City Airport security line when I hear the TSA officer checking IDs attempt to practice his self-admittedly limited Japanese with the gentleman in front of me. He’s part of a group of buyers from Japan that have come and collected vast amounts of production information, pictures, and contacts to take back

to their own outdoor recreation industry and users. I’m next, and when he looks at my North Carolina license, he muses, “Huh, Asheville, there has been a lot of those coming through here today.” I smile and explain we are quite the East Coast mountain town and, as such, have strong ties with the tradeshow and people of the West Coast ranges. Not bad; in two back-to-back security checks he encounters Japan and Asheville and knows a thing or two about both. He hands back my license, waves me along, and tells me to “have a safe trip home.”

As I step forward in my DeFeet socks (another OGB member), I’m already thinking about what I’m going to go do when I get back—the kind of passion that so many of our gear companies rely upon both internally with respect to employees and product development, and externally by the retailers, buyers, and end users.

People “understood that their cool DIY project could be more than a hobby and took the jump to make it a business.”

January 2016 | capitalatplay.com

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CAROLINA in the

WEST [

news briefs

Making Snow, Making Snow, Making Snow avery and haywood counties

Temperatures remained in the balmy 50s and 60s as ski season got off to a rip-roaring start in North Carolina—at least at the Cataloochee Ski Area in Maggie Valley. Cataloochee, which aggressively strives to stay open longer than its competitors, opened November 15.

Snowmakers had been running around the clock to take advantage of the cold spell, with temperatures dipping to 23oF the morning before. Cataloochee had invested in snow making equipment this summer to help with its ambitions.

Also opening was Sugar Mountain in Avery County. Governor Pat McCrory was on hand for the grand opening and ribbon cutting ceremony for the resort’s new $5 million high-speed, detachable,

]

six-passenger chairlift on November 14.

Sugar Mountain remained open for skiing and snowboarding through the weekend, but had to close due to unseasonably warm temperatures. Western North Carolina’s six ski areas are Appalachian Ski Mountain in Watauga County, Beech Mountain Resort in Avery County, Wolf Ridge Ski Resort in Madison County, Sapphire Valley in Transylvania County, Sugar Mountain, and Cataloochee.

Cataloochee’s ski season typically runs 127 days a year, but last year they enjoyed 141 days of business.

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The Asheville Regional Airport opened a third parking lot the Wednesday before Thanksgiving. Offering 240 long-term

spaces, the new lot will be credit card only. Parking rates will be the same as for the other long-term spaces, at $1.50 per hour with an $8 daily maximum. The new lot was constructed to meet growing demand. In 2014 the airport served a record 756,425 passengers, up 11.6% from 2013. The perception is that this year has been even busier, but numbers are not available yet. Executive director Lew Bleiweis credited increased ground transportation to two things. First, major carriers, Delta, US Airways, and United, are all embracing Delta’s model of flying passengers into hubs instead of providing point-to-point service. Secondly, ultra-low-cost carriers are marketing airfare with vacation packages to popular Florida destinations. At its October meeting, the airport authority unanimously approved designs for a parking garage, with construction costs built into the airport’s five-year capital improvement program. The new parking lot is located past the terminal building and is accessed via its own exit off Terminal Drive. The old short-term parking lot and three conjoined long-term lots are all accessed by a single, different exit.

The new lot brings total parking at the airport to 1720 spaces.

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Anthropologie, a high-end retailer of curated and diversified items for today’s woman, opened a store on North Lexington Avenue in downtown Asheville. Founded in 1992 in Philadelphia, Pennsylvania, the store now has 185 stores retailing high-end apparel, accessories, gifts, and home décor throughout the United States, Canada, and the United Kingdom.

The retailer also boasts a long list of corporate gifting. The opening came four months after independent business owners started a petition requesting a moratorium on chain and big-box stores downtown. Anti-chain activists argued nationals and multinationals invest less of their profits in the local community, homogenize what could be a unique downtown experience, drive up retail rents, overutilize limited parking space, don’t treat and pay employees fairly, and crowd out incubating local businesses.

The petition has collected thousands of signatures, and bumper stickers with the slogan “UnChain AVL” are cropping up.

Since the grand opening was scheduled for the day of the Asheville Holiday Parade, local merchants staged a mini parade to follow, which took the form of a jazz funeral procession. Picketers also worked

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in shifts outside the store to “engage with the public about the importance of supporting local businesses” and gently suggest a boycott.

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top of preparing a product customers loved. So, she now avails paid internships for residents of Mainstay Women and Children’s Shelter of Hendersonville.

But there’s a twist to this story, Mimi’s Mixes don’t call for dairy products, eggs, or preservatives. They just ask the baker to add their favorite 12-ounce beer, stir, and bake.

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Lin Johnson, known as Mimi to her ten grandchildren, hit hard times in the 2008 recession. She lost her job in banking and her husband. As therapy, and as an attempt to reinvent herself, she began baking bread. Using her grandmother’s recipes, she borrowed kitchen space at a church and began selling at farmers’ and flea markets. She found joy in perfecting recipes, and soon discovered she could capitalize on peoples’ love of bread and dislike of baking it. Johnson launched her business a year ago, and it has really taken off. She now sells Mimi’s Mountain Mixes at 75 Ingles locations in the Carolinas, as well as a number of delis and gift shops. During the holiday season, she booked a number of sampling gigs about town. Johnson had a personal commitment that she would only go into business if it would provide a vehicle for her to give back to the community, on

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The Flymen Fishing Company, a designer, manufacturer, and distributor of fly-tying materials and fish flies, is building a new, permanent home in Brevard. The new building, with 1800 sq. ft. of office and warehouse space, will be built on a lovely plot with pastures and woodland, next to French Broad Stone Supply on Rosman Highway. Since owner Martin Bawden and his staff are avid outdoor enthusiasts, they promise the mix of existing trees and intentional landscaping will be a sight to behold. The expansion follows years of solid growth in an area with strong supply and demand.

Bawden had run a successful, international IT business for fifteen years before

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discovering fly-tying and fishing in 2008.

Four years later, he started a fly-tying business in Brevard. With 75% of employees being graduates of the Brevard College Business School, the company continues to earn its reputation as a knowledge-based, entrepreneurial organization. Among more traditional products, it offers innovations of its own R&D, including the Nymph-Head and Fish-Skull lines. With continued gratitude, Bawden is sure local leaders will be glad they granted his rezoning request.

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Visitors to Asheville have long harbored the perception that there is insufficient parking downtown. Now, it’s official. An investigation by WLOS-News13 discovered 12,600 parking spaces are needed, but the city has only 11,800. Only 24% of downtown spaces are open to the public; the rest being private, permitted, or otherwise bespoken. Parking is so scarce, permit holders are frequently bumped from their reserved spaces by illegally-parked vehicles. Now, with five new hotels on-deck, parking should only become scarcer. The city has invested about $60,000 in a few parking studies still underway, although leadership ignored the recommendations of the last report. The city’s Unified Development Ordinance still does not require new construction to provide any parking at all. City leaders argue the shortage of parking will force visitors to think twice about using automobiles and build demand for greener alternatives like a trolley car or differential parking rates to encourage downtown employees to park on the outskirts. Unintended consequences for the policy have included downtown workers opting to get dropped off and picked up, and tourists orbiting until they’re too frustrated to shop.

Increasing parking downtown has been

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Long-time hippie hangout Rosetta’s Kitchen is up for sale. An ad on Craigslist offered an “Iconic Restaurant and Bar in Asheville.” Rosetta’s opened in 2002, back when late-night vegetables were cutting-edge. Seen by many as the heart of Lexington Avenue’s funk scene, Rosetta’s fed the Occupy Asheville movement and has for years offered the “Everybody Eats” plate, sold on a sliding scale. Business was so good that owner Rosetta Buan opened a café on the campus of UNC-Asheville, then the Buchi Bar at street level below the original Rosetta’s Kitchen. Just last April, Buan announced the launch of a frozen product line, offering Appalachian home-cooked favorites from the restaurant at local grocery stores, including Earth Fare and Ingles.

While the business has stagnated, it is on-target to become debt-free in two years. Buan, a mother of four, said the restaurant is not closing; she just seeks new leadership. She prefers creating to dealing with daily details. Buan has been in the restaurant business since she was fifteen. In her late thirties now, she said it’s time to try something else.

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SylvanSport has contracted with an expert in marketing, sales, and operational management in a global niche to help take sales of its GO and GO Easy products to the next level. GO and GO Easy are utility trailers engineered for easy, efficient hauling of outdoor sports equipment. National Geographic Adventure called GO the “Coolest.

Camper. Ever,” and the GO Easy has

been described as “the Swiss Army Knife of camping trailers.” Designed selfishly to meet the personal needs of camping enthusiasts, the products are light, sturdy, and versatile; and they’re easy to load, maneuver, and store. Serving in the role of management advisor will be John Sztykiel, former president and CEO of Spartan Motors, Incorporated. Sztykiel is described as a longtime follower of SylvanSport who is interested in the potential of transforming products in a seemingly unbounded market.

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J. Ward Group has joined up with Insurance Service of Asheville (ISA), the largest locally-owned, independent insurance agency in Asheville. ISA was begun by President Jim Stickney’s father, James W. Stickney III, in 1958. He was well connected, so he started selling insurance and typing out policies from a room in the basement of the Battery Park Hotel. He grew his customer base as word spread about him keeping his promise to “be there” when his customers needed him. ISA now attributes its widespread success to its emphasis on building strong personal relationships with its clientele. For that reason, the agency wanted an office in Hendersonville to be closer to its growing customer base.

Jim Ward will continue to be in charge of the Hendersonville office. A lifelong resident of Hendersonville, he has been in the insurance industry for the last sixteen years. He is licensed to manage property, casualty, crop, life, and health insurance, including Medicare supplement and Medicare Advantage plans. The merger was led by ISA senior vice president Jonathan Nelson, who oversees ISA expansion. He has twenty-eight years of experience in the insurance business.

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L leisure & libation

THE

Wages of Gin Being an examination of the facts and fiction of hangovers, together with solutions other than suicide. written by roger mccredie

|

photos by anthony harden

January 2016 | capitalatplay.com 37

leisure & libation

“This morning I woke up feeling as if I had a manhole cover on my head... imagine my surprise when I reached up and there, on my head, was a manhole cover.” – W.C. Fields F ROM

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| January 2016

Oh, you silly party-goer, you. You floated home in the wee hours of New Year’s morning on a lake of Harvey Wallbangers. (Or was it apple pie moonshine?) Now, in the cold light of New Year’s Day, you’re kneeling on the bathroom floor, praying to the porcelain throne, afraid you’re going to die and afraid you’re not. Or maybe you’re just staring at the Rose Bowl parade and trying to distinguish the thumpthump-thump of the marching bands from the pounding in your own head.

You’re suffering from veisalgia, a pernicious set of symptoms that are the inevitable consequence of a bout of heavy drinking. In layman’s terms: You have a hangover. Writing in the New York University Journal of Medicine, Dr. Anthony Tolisano recently called the hangover “a condition that is well recognized yet poorly understood.” Ah, but you understand all too well, right? You just feel like nine miles of bad road. Well, this article, cold comfort that it may be, is offered for your edification.

Note: In the interest of full disclosure, I should point out that I am eminently qualified to comment on this subject. I retired from the drinking classes some decades ago when I received a communication from the folks at the Smithsonian asking if I would be willing to bequeath them my liver (see below) as a matter of historical interest. But I am intimately acquainted with the hangover phenomenon; and anyway, the properties of alcohol—including its hangover-inducing capabilities—remain unchanged. So there.

Anatomy of a Hangover The human body is a highly effective self-healing machine and it wastes no time. As soon as you leave off poisoning it with alcohol, whether by passing out on the couch or falling into bed, it begins repairing the damage you’ve done to it, all the while cursing you for your callous mistreatment of it. Indeed, while you’re still conscious and still drinking, it may decide to override the abuse by causing you to throw up.

Failing that, it will start cleaning up the mess as soon as you lose consciousness. If you wake up before the process is completed, which is usually the case, that’s just tough.

Maybe next time you’ll think twice before accepting a challenge to play beer pong.

In Of Time and the River, Thomas Wolfe describes how his youthful protagonist and alter ego, Eugene Gant, discovers a satchel full of various liquors brought home by one of his brothers and, through reckless experimentation, becomes hopelessly drunk while the other family members are out Christmas shopping. When they return and find the passed-out amateur, Eugene’s father, a battle-hardened tosspot, says with professional authority that the first order of business is “to get it off his stomach.” This has a sound basis in fact, as far as it goes. Certainly expelling unabsorbed alcohol from the stomach by inducing vomiting means there’ll be less of it for the body to have to deal with.

But whether or not you avoid further toxicity by preliminarily blowing your beans, all that ethanol you’ve ingested still has to be dealt with. It’s a complicated process.

You see, while you were in the act of consuming your very first drink of the evening, your system was already converting the ethanol your drink contained into a substance

L called acetaldehyde, which is actually 10 to 30 times more toxic than the ethanol itself. Acetaldehyde produces an instant chemical imbalance that translates into mild to moderate mental aberrations (hey, you’d probably look really cute in that lampshade) and inhibited motor function (hence the slurred speech and the blind staggers). But that’s just the beginning; acetaldehyde can stay in your system at an elevated level for hours after you stop ingesting booze. It’s the cornerstone of a hangover.

In addition, almost all alcoholic beverages contain congeners, which are chemical substances that are by-products of the distillation and fermentation process. These differ by amount and type according to the grains and other ingredients that make up the recipes of different types of beverages. Congeners aren’t necessarily toxic themselves, but they complicate things when it comes to metabolizing booze: The more congeners, generally speaking, the more the adverse effects of the ethanol are heightened or prolonged.

“Brown,” or amber, liquors contain more congeners than the clear stuff, which means that a surfeit of Old Fashioneds is liable to give you a worse time the next morning than a comparable intake of vodka-and-tonics.

Alcohol is not a stimulant, despite all the literature and movies wherein folks take a slug of whiskey to fortify themselves against the cold or to bolster themselves against danger or hardship.

Instead, it’s the exact opposite; it’s a depressant, which means that it actually slows the functions of the central nervous system (see acetaldehyde, above). Upon ingestion it neutralizes inhibitions and provides an insidious temporary euphoria that is the basis of its addictive properties: When the euphoria begins to fade, you want it back… so, another drink, more euphoria. Taken in moderate amounts over time, alcohol produces a euphoria level that translates to nothing more than conviviality and a feeling of warm well-being, and this accounts for

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leisure & libation

its popularity as a social lubricant. More drinks, of course, attack deeper inhibitions.

We’ve all seen the results, as when mousy Mary Jane from accounting sheds various garments, hops on the coffee table, and begins to belt out “I Gotta Be Me.” But then at some point the law of diminishing returns kicks in and your system begins to nudge you and say, “This isn’t fun anymore.”

Additionally, alcohol is an astringent. It dries things out. Doctors recommend that when you irrigate your ear canals to get rid of excess wax, you finish off with a drop of alcohol. That’s to dry out any remaining water that could cause inflammation or breed infection. Swab some on your forearm and

At some point the law of diminishing returns kicks in and your system begins to nudge you and say, “This isn’t fun anymore.” blow on it, like mama used to do when the cat scratched you. Dries right up, doesn’t it?

That’s what’s happening to your innards as the ethanol metabolizes, and the resultant dehydration, one of a hangover’s hallmark ingredients, is what makes your next-morning tongue feel swollen, your teeth feel like they’re all wearing little fuzzy sweaters, and you feeling overwhelmingly thirsty.

So way to go, pilgrim. You’ve put a massive amount of this toxic depressant/astringent fluid into your body and now it’s time to pay the piper—you know, the one that’s playing “Too Long in This Condition” in the middle of your frontal lobe. The good news is that you’re mostly detoxified by now. The hangover symptoms actually kick in when your body’s blood alcohol content approaches zero, thanks in large part to the heavy lifting of that indefatigable janitor and unsung hero, your liver. And now you’re left with a bouquet of unpleasant after-effects.

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What to do? Surely there must be a way of mitigating this misery, right?

Um, well.

For as long as there have been hangovers, there have been seekers after a cure for them. Google “hangover remedies” and you’ll find more than a thousand right off the bat. They range from aspirin to raw oysters, from cold showers to hot compresses. Herewith is a random but annotated sampling of sworn-by remedies, some enshrined in folklore, some well kept secrets, some best forgotten: 42

| January 2016

Coffee Strong, black coffee has long been touted as a cure for drunkenness per se. That’s on account of its caffeine content, which supposedly clears an alcohol-fogged brain, though critics say it only leaves you drunk and wide awake. As a hangover remedy, though, coffee has no effectiveness; in fact, since coffee constricts blood vessels, thereby elevating blood pressure, coffee can make a hangover headache even worse. On the other hand, if you’re a habitual coffee drinker, by all means have a cup if you feel up to it; you wouldn’t want to add coffee withdrawal to your existing

headache’s potency. So either drink it or don’t—but don’t expect it to “help” your hangover.

A big, greasy breakfast As soon as you can keep it down, food is good in the sense that you need to eat.

But there’s no indication that fried eggs, bacon, and buttered toast will have any more salutary effect than cereal and milk or a smoothie. And none of those will do anything to help right your metabolism’s upset equilibrium.

L

Hair of the dog The idea of taking another drink to mitigate the effects of having taken too many drinks seems at first to make a weird kind of sense. If a hangover is essentially a mini-withdrawal, why not even things out with a Bloody Mary or a Screwdriver? Ingesting more alcohol may indeed make you feel temporarily better, but it’s easy to start the whole wretched mess all over again. Next thing you know you’re thoroughly buzzed, another hour of reckoning looms, and repeating the process yet again can put you on a merry-go-round that has no brass ring.

Burnt toast Seriously. The theory here is that the carbon from the charred bread filters out the hangover-causing impurities left in your system, letting them be passed off as waste instead of being absorbed.

This is actually the principle involved in emergency room treatment of alcohol poisoning, where a carbon-rich slurry is pumped directly into the victim’s stomach. But that’s an intensive clinical procedure, doctors say, designed for an emergency situation; eating burnt toast to achieve a much more limited result is like, well, eating burnt toast.

Alka-Seltzer For 85 years, Alka-Seltzer has held the high ground as king of the patent medicine (alleged) hangover remedies, thanks in part to some of the cleverest advertising in history. Alka-Seltzer contains plain old bicarbonate of soda, which is an effective neutralizer of excess stomach acid and can quell queasiness, but it also contains aspirin and citric acid, which can actually irritate your stomach lining and cause more harm than good. Trade nausea for heartburn?

It’s your call.

January 2016 | capitalatplay.com 43

leisure & libation

So, out of the depths of your misery you cry, “Is there nothing to be done?” Well, actually, there are some steps you can take that won’t magically cure your hangover but that are definitely beneficial and will make you feel at least somewhat better:

Rehydrate yourself Replenish all those fluids you’ve lost. Plain old water is the absolute best. Juices are okay and sports drinks, such as Gatorade, may help restore electrolyte balance. Avoid milk or milk-based drinks; they have to be digested and you don’t need that extra burden.

Attack the headache There may not be an overall hangover cure, but there are plenty of proven headache remedies out there, so why suffer?

Aspirin – in its unadulterated form – is fine if you take it with plenty of water to minimize its acidity. Ibuprofen is good and for that matter so is naproxen (Aleve), again with lots of water.

Rest “Balm of hurt minds,” Shakespeare called sleep, and he could just have well added “and hangovers.” If you have the luxury of being able to sleep in, do it. This includes taking a sick day or half of one if you can get away with it; if your hangover is virulent, you won’t be any good at work anyway. Sleep and let

“Balm of hurt minds,” Shakespeare called sleep, and he could just have well added “and hangovers.” your body do its work. Because, as you may have intuited by now, the only sure cure for a hangover is time.

For that matter, when it comes to preventing future hangovers the most obvious course is not to drink alcohol at all. Don’t

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| January 2016

L

squawk; I said that to make a point. You can’t get a hangover unless you’ve been drinking to excess. Moderation is the key. Know your limits. And if you find yourself repeating the hangover scenario very often, maybe it’s time to take a clear-eyed, next-day look at the role booze plays in your life.

Sort of like the guy who was sitting in his hotel room the morning after a particularly energetic drinking bout, listening to his head split open and gazing bleakly at a nearly full bottle of Old Scratch on the nightstand. “You’re killing me,” the victim intoned. “You’re making me miserable, and if this keeps up, you’re going to ruin my life. I’m not going to let you do it! I’m not, do you hear? I’m getting rid of you!”

And with that he seized the liquor, opened the window, and made to defenestrate his tormentor. When he cocked his arm to throw, the remaining booze in the bottle made a little gurgling sound. The man lowered his arm slowly and looked at the bottle.

“Did I hear you say you’re sorry?” he asked.

Base to Summit in 5 Minutes on Sugar’s New High Speed, Detachable, Six Passenger Chairlift

www.skisugar.com / 800-Sugar-MT January 2016 | capitalatplay.com 45

wishbone te am (L to R)

upper: Victor Hernandez, Jenna Gallagher, Jay Belo bottom: Gerry Brown, Teal Brown, Mario Chavez, and Michael Granados Orozco.

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| January 2016

Thinking Small In an era where for many, bigger doesn’t necessarily mean better, Wishbone Tiny Homes is promoting a vision whose time has clearly come. written by emily ball ard

|

photos by anthony harden

January 2016 | capitalatplay.com 47

te al brown

M

any family businesses have been passed down from one generation to the next, with a history of successful business decisions at the core and a concrete plan for succession in the future.

This has not been the case for Wishbone Tiny Homes. Gerry Brown has enjoyed a long and thriving career in building and construction for over 40 years. Just as he was beginning to slow down and ponder the idea of retirement, his son, Teal Brown, came to him with an idea that Gerry can only describe as “irresistible.� In two short years, this father and son duo have created the Wishbone Tiny Homes business and generated an overwhelming amount of interest and support in a burgeoning industry steeped in values they hold close to their hearts.

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| January 2016

gerry brown

Building a Business On the company website there is a picture dated 1981 in which Gerry and a young Teal are tinkering with wood. Beside it is a recreation of that picture 30 years later, and although the side by side photos show the playful humor that these two possess, it is also a clear indication of the strong relationship that they have developed over their lifetime of working and learning together.

As Teal recounts the story of how he came up with this business idea, there is an obvious admiration for the man sitting across the desk from him, the same man who sparked his interest in building at an early age, but also supported and urged him to find his own path along the way. “My parents really encouraged me to explore what I wanted to do,” Teal explains. “They were awesome supportive parents that way.”

Although Teal had shown great promise and interest in woodworking, he felt a strong drive to be independent and discover his own direction in life. His passion was music and, after graduating with a percussion and drumming degree, he attacked his dream with full force. For six years he travelled the world with his band, Asheville’s acclaimed Toubab Krewe, and January 2016 | capitalatplay.com 49

a tiny home interior :

living area (7.5’ x 7.5’), kitchen (3.5’ X 7.5’), loft (7.5’ x 7.5’)

made a life for himself, fulfilling his adventurous ambitions.

Along the way he got married and his priorities began to change.

The prospect of starting a family seemed impractical with a touring schedule.

After years on the road, Teal decided to pursue a job opportunity in Charlotte, and his focus began to shift back to the building industry. He quickly moved into a management position with a company that trained builders on the standards of certified green building. Teal found himself enthralled with the idea of sustainability, renewability, and efficiency—and solar energy in particular. He took this time to educate himself in these areas, and the entrepreneur inside him began to develop some interesting ideas of how to incorporate these into a business. He didn’t want to work for a corporation, and he says that in the back of his mind he knew he wanted to work for his father.

After doing some research, Teal found that there was a serious interest in tiny home construction, and he felt that Asheville was the perfect location to test this theory. Gerry was operating a workshop on Biltmore Avenue, building custom carved high end entrance doors when Teal presented the idea to him. “We both pivoted from what we were doing and decided to build a model out of my shop and that became our prototype,” Gerry remembers.

“I thought at a minimum it couldn’t hurt just to build a tiny house with my Dad,” Teal adds. “There was no big agenda other than just build a great tiny home and see where it takes us.”

This first project was an experiment, but the interest that it attracted was undeniable. They knew they had tapped into something unique.

People were taking note of this interesting construction and they were asking questions. “A tiny home is like a big billboard, and they attract the most interesting people who want to come see and talk about it,” says Teal. They decided that they wanted to try and take the business to the next level. Gerry went to the city to apply for a business license which they were happy to grant, but due to the industrial nature of the business the men weren’t given permission to operate downtown.

Teal’s wife happened to see a listing on Craigslist for a space in West Asheville, formerly the home to Steebo Sculptures on Haywood Road. As luck would have it, the location is also directly across from Builders FirstSource, a provider of building materials. They jumped at the opportunity to buy the building and start the Wishbone Tiny Home business.

Blogger Buzz Tiny home construction is much more than an economical home building option. It is a worldwide movement that has generated a significant amount of media attention and the curiosity and interest continues to grow. Behind this increasingly popular minimalist idea is a whole community of followers that support environmental sustainability, financial freedom, and an overall decluttering of space and lifestyle.

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te al and gerry

with new homeowner Chad Clay.

January 2016 | capitalatplay.com

51

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Tiny Home Tidbits STARTING BUDGET: $40-80K CONSTRUCTION TIME: Average of four months to build SIZE: Anything under 400 sq. ft. is considered “tiny.”

Between 400 and 1,000 sq. ft. is considered “small.”

MOBILITY: Option of building on foundation or on wheels/platform.

workspace

to create tiny homes.

And as their business began to grow, Teal and Gerry took to social media to generate attention, sharing their building experience and posting pictures to relay their progression.

Industry bloggers picked up the story and soon the inquiries were pouring in from prospective clients across the country—as far away as Alaska, California, and Oregon—and around the world. Teal and Gerry say they were blown away by the attention they were receiving, explaining that sound construction of a tiny home is certainly the first step, but having eye-catching pictures taken of the process and the final product is what has propelled their business forward. “That’s kind of every business owner’s dream, but it’s also one of those good and bad things,” Teal adds. “Now we had to figure out how to ramp up, scale up, and accommodate without disappointing.”

Now the time had come to really evaluate the feasibility of not only building the homes, but also transporting them to far away locations. The reality quickly sank in that hauling a tiny home to Alaska was not cost effective to either Wishbone or the customer. Gerry and Teal began to explore their capabilities and ride the wave of a fairly steep learning curve.

Wishbone’s approach to the business is based on a concrete knowledge of building practices, but perhaps most importantly,

a sincere passion for not just the product they are selling but the idea as well. They admit there is no business plan to speak of, but that their success stems from meticulous planning and a collaboration with the community both industry-wide and

“Something about tiny houses attracts a very unique segment,” says Teal. “People have figured out in their life that experience is more important than possession.” locally. “As a company we believe in partnering with nonprofits, and creating an overall positive thing for the community is our business model,” Teal says. “It is definitely from the heart, and there is a lot of trust in that.”

Bigger Doesn’t Have to Be Better The concept of tiny living is not a new one. Japanese culture has been utilizing this model for decades, and Gerry has not only been interested in, but also has firsthand knowledge of living this way. He explains that this business has brought his January 2016 | capitalatplay.com

53

fit for a (frugal) king: this tiny home measures just 8.5’ W x 26’ L x 13.5’ H

life full circle in a sense. As the country was in a state of political and social unrest in the ‘60s and ‘70s, a movement emerged that advocated a return to the land and a simplification of life that Gerry really connected to.

With the tiny house movement continuing to grow in popularity, Gerry finds that the same ideals that attracted him to it decades ago still hold true today. “I realize that there was a lot about that era that was misguided, but there was a lot that wasn’t,” he remembers. “A lot of those values about efficiency, right use of resources, and consideration of the land are the things that really appealed to me when Teal brought up this idea.”

Over the years there has been exponential development across the country and houses have grown in square footage. Now there is a trend to minimalize and efficiently scale down this space.

Millennials and baby boomers are both strong proponents of this philosophy.

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| January 2016

Teal refers to this as the “Apple Effect.” This theory suggests that as Apple iPhones have become a staple in our lives there has been a shift to digitalizing, hence putting more into less space.

He describes it as a way of organizing your life and possessions in a way that streamlines and eliminates clutter, and he feels that this closely parallels with building tiny homes. “People want to get their lives put away to a tiny little space. I think it is the whole subconscious part of this movement. Something about tiny houses attracts a very unique segment. People have figured out in their life that experience is more important than possession, yet they still value aesthetics and their space.”

As the population begins to contemplate this move from material abundance to a simplified living experience that enables a freedom to live unburdened of debt with less impact on the environment, it is easy to be swept up in the idealistic values. Therefore, when customers come to Wishbone with high

hopes of converting to a tiny home there are often some harsh realities that Gerry and Teal present to them.

Challenges of Small Living Wishbone builds two types of tiny homes, some on wheels and some on foundations.

The square footage varies upon the design and can range from 150 sq. ft. to 1,000. The majority of their work is building on platforms that are mobile and can be transported.

Although the houses can be moved from one location to the next, they are not meant to be travel homes that are hauled behind vehicles on cross country trips. They are typically driven to a designated location and remain January 2016 | capitalatplay.com

55

sedentary unless the owner finds a new location to move it to.

This is where tiny home construction moves into a grey area.

If you build one on foundation, it has to be built to all new home construction codes and regulations, but if you are building one on wheels, which is the appeal to most, there are some tricky obstacles to overcome. The number one problem that prospective owners face is where to put their tiny home. Since they are on wheels, they are not subject to standard zoning and are considered recreational vehicles (RVs).

It is not actually legal to live in an RV unless it is parked in a designated zoning area such as an RV park. Unless you are able to get around municipal codes most people do not have the appropriate space to legally own and live in a tiny home. If a viable space is found to park the tiny home,

the second piece of the puzzle is financing. Conventional home loans are not an option because it is a custom home on wheels, yet RV loans don’t work either because it is new construction.

Therefore, individuals must procure their own funding for the project. Additionally, because this type of building is so new, there hasn’t been a clear resale value estimation, hence the hesitation by financial institutions.

Teal and Gerry are actively involved in perpetuating t h is conver sat ion w it h zoning boards and city councils, urging them to consider feasible options, and they have seen great advancements in their short time in the industry. They are involved with groups such as the Asheville Small Home Advocacy Committee (SHAC), a group of individuals seeking practical solutions to these issues.

Nowadays, affordable housing options are in high demand and a shift in social consciousness paired with evolving personal lifestyles are the driving forces behind the Wishbone Tiny Homes business.

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Despite these looming drawbacks people are still moving forward, but with any big purchase there can also be buyer’s remorse. Wishbone has certainly seen this firsthand. “There is a romantic attraction to it. People go into it with an idea that it’s really cool, but the reality of living in it is different than the anticipation of it,” Gerry says.

The Road Ahead Tiny living is certainly not for everyone. There are endless aspects to consider. The team at Wishbone get to know the intimate details of their client’s lives so that they can build a custom house that will fit their needs. The planning process is extensive, and unorthodox building challenges present themselves, such as how to build in space for a cat litter box, or room enough for the owner to do daily yoga.

With tiny houses every inch of space must be considered to maximize efficiency and comfort. For Teal and Gerry, the design process may be a challenge, but it’s also their favorite part. “It is really cool that we get to dig into the microscopic level of what are the bare essentials that you need,” Teal emphasizes.

As they approach the completion of their tenth tiny home construction project they are able to examine what the future holds. They recognize that the media attention may begin to wane, but they only foresee growth in the industry. Nowadays, affordable housing options are in high demand and a shift in social consciousness paired with evolving personal lifestyles are the driving forces behind the Wishbone Tiny Homes business.

For many, relocating to a tiny house is an unrealistic lifestyle change. For others, though, it is a legitimate consideration. If nothing else, Wishbone Tiny Homes offers a unique perspective on everyday living that is worth looking into.

“At first blush the idea of living in such a small space seems ridiculous, but I think that is the fascination of it,” Gerry concludes. “But what is really ridiculous is living in a house that you are a slave to the mortgage and that is robbing you of your spare time.”

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January 2016 | capitalatplay.com 57

column

Manufacturing Due Diligence

When considering the purchase of a manufacturing company, it’s up to the Buyer to look for any red flags.

C

H

curtis harper

is owner/ Broker-InCharge at Sirius Realty, LLC, in Greenville, South Carolina.

58

ERE ARE SOME THINGS I HAVE FOUND MOST useful in performing a due diligence on a manufacturing company once a purchase contract is in place. I would do these things in parallel to a detailed financial review, which could be a whole article unto itself.

The first place I always go is the OSHA 300 log. Is it readily available? Is it filled out completely and in a timely fashion? Are there incident investigation reports for each injury? Do they identify the root cause of the injury? If the answer is “No” to any of these questions, that is a huge red flag. If every incident report identifies the root cause as failure to follow procedures, there is something deeper going on. Are there multiple injuries or illnesses on the same piece of equipment or location? If so, then that also is a huge area of concern. It tells me the management team does not take these incidents seriously and has not been properly trained on root cause analysis.

Why do I check a facility’s safety record first? It’s simple to do, and I have never been in a manufacturing facility that had a poor safety record that also did not have poor quality, morale, and eventually, customer satisfaction. The safety of the employees is management’s responsibility. If the management team does not care about the safety and well-being of the people they work with every day, will they

| January 2016

genuinely care about their customers whom they may only see occasionally or maybe never?

Does a poor safety record cancel a sale? No—it’s just an indication of the state of the company. It can be a great opportunity for the Buyer to come in and make a statement about who they are and that they do care about people. Safety performance can also be one of the easiest things to turn around.

I would also check for environmental or regulatory lapses, warnings, or penalties. Are there issues pending, and what is the likely resolution, timing, and cost both in penalties and any required remediation?

If the company routinely uses large quantities of solvents and cleaning fluids, or processes hazardous materials, a Phase II environmental survey will likely be required.

So where do we go next? Let’s take a tour of the facility. I look for three things:

(a) Are there shop towels/rags around most of the equipment soaking up oil or hydraulic fluids? If

C so, that tells me the maintenance program needs a complete overhaul. I would look closely at maintenance logs for a couple key pieces of equipment and up time records. I would look to see what percent of maintenance is preventative versus break down.

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(b) Are the laboratories or other testing areas neat and clean and are procedures readily available? Check to be sure all testing instruments are routinely calibrated or certified. If not, the quality program is likely not functioning properly. I would look at records for customer complaints or claims. Are operating procedures readily available at work stations and are they up to date?

(c)

Is the overall condition of the plant in good shape? How is the order and arrangement of the facility? A place for everything and everything in its place: One would expect it to be as good as it gets for a Buyer tour. Whatever you see, expect it to be worse when visitors are not there. I look for holes in fencing or painting that is long overdue or significant cracks in concrete floors.

None of the above is necessarily a deal breaker, but more likely an indication that the management team needs help or redirection and maintenance expenditures have been deferred.

Now that I have a sense for the operation, I will look at the customer base. Is there a high degree of customer concentration? If so, has the customer been with the company a long time or are there long-term contracts in place? Other factors to consider are barriers to entry, proprietary processes or intellectual property used to meet customer orders and certifications, or regulatory hurdles for a competitor to overcome. Significant customer concentration may be an opportunity to renegotiate the price and/or terms. See how many new customers have been acquired in the last twelve months and, more importantly, how many left and why did they leave.

After reviewing these items, I would want to look at the inventory. How often do items turn?

I would be concerned if more than ten percent of the inventory was turning two times slower than the average items. Large blocks of inventory being held as customer returns or quality holds can be a real problem, both in terms of the potential for write-down or an indication that there are issues in the order fulfillment process or quality systems.

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Finally, I would try to determine two things:

(a)

Are key employees committed to the transition to the new Owner? Check to see if they have bonuses in place or other incentives to stay until the company sells or for a certain time period after the sale. Do they even know it is for sale?

In many cases they may not and the Buyer and Seller must develop a transition plan prior to completing due diligence.

(b) Why is the Seller truly selling? If they say they are retiring, ask about retirement plans: travel, hobbies, relocation, etc. If for family reasons—divorce, illness, etc.—try and verify if possible. The true reason for sale needs to be in synch with the stated reason for sale. If they don’t match, there may be a huge underlying issue that is motivating the Seller, likely a financial or customer issue.

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After doing the above, we will have a good indication of the current state of the operation and can estimate what resources will need to be applied to fix any issues we have uncovered. We should be able to infer what improvements can be made short term and what will flow to the bottom line by implementing these improvements.

January 2016 | capitalatplay.com 59

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Skiers Prefer North Carolina statewide

The ski industry in Western North Carolina had an estimated economic impact of $197.2 million last winter. The announcement came at a meeting of the North Carolina Ski Areas Association held at the Last Run Lounge at Sugar Mountain Resort: $119.5 million came in direct revenues, and $77.7 from second-order transactions that presumably would not have occurred without the first $119.5 million. The findings came from a report commissioned by the association, which was prepared by RRC Associates of Boulder, Colorado. Other impressive stats showed the resorts recorded 653,654 visits, up 7.5 percent from last year, with revenues at $40 million, over

wilmington, nc

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last year’s $35 million. Putting things in perspective, presenter Dave Belin said the slopes had more visitors last year than the Charlotte Panthers, Carolina Hurricanes, and Charlotte Hornets. North Carolina slopes bucked a national trend. Overall, national ski resort visits fell 5.2 percent to 53.6 million. The North Carolina industry employed 87 full-time employees and 1787 seasonal workers and invested $8,493,000 in capital improvements. According to over 2000 survey responses, 60 percent of skiers generated room nights, 31 percent day-tripped, and the rest were local customers. An average of $182.84 was spent per person per excursion. Gross revenues collected from lodging in Sugar Mountain and Beech Mountain, where skiing is practically the only show in town, ran around $3.2 and $3 million, respectively.

Ski resort attendance in the state peaked in the 2009-10 season at 671,554.

PharPoint Research, Inc., a contract research organization (CRO), is expanding its office at 1001 Military Cutoff Road in what is known as Wilmington’s Clinical Trial Alley. A new, open floor plan is designed to drive innovation for the company that specializes in clinical operations, data management, and biostatistics. The decision to expand was driven by stable growth in clientele.

Headquartered in Research Triangle Park, PharPoint is a three-time winner of the Triangle Business Journal’s Fast 50 Award, presented to the area’s fasted growing companies in terms of revenue and profitability. PharPoint attributes its competitive edge to a better way, being “founded with a rebellious spirit and firmly focused mission: to create an alternative to rigid, stodgy, quality-compromised CROs.” PharPoint further sets itself apart by precision-tuning specialized services to offer top-quality, full-service, turn-key products on-time and on-budget. PharPoint is happy to claim it can present its entire client list as references.

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Change a Life in Asheville by Donating Your Car!

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Help provide transportation to someone in the community.

Give us a call and we will pick up your car and take care of the rest.

We often provide a much better tax advantage to the donor than other organizations.

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(828) 676-5150

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74

carolina in the west

national & world

the old north state

Oh, What They’d Give for a Drag

What Your Patients Are Really Taking

Pledging to Buy Green Megawatts

winston-salem, nc

burlington, nc

rutherford county, nc

RJ Reynolds Tobacco Company signed a definitive vapor technology sharing and licensing agreement with Nicoventures Holdings, Limited, a subsidiary of British American Tobacco (BAT), Limited. BAT is Reynolds’ largest minority shareholder, and it recently entered into a $4.7 billion deal to maintain its 42% status following a $29.25 billion deal in which Reynolds acquired Legacy Lorillard.

The agreement covers collaboration of Nicoventures with Reynolds in the creation of next-generation vaping products.

The two entities will cooperate with research and development, manufacturing processes, and regulatory lobbying.

The intent is not so much to invent new products as to take existing ideas to new levels and market them more widely. Under terms of the agreement, Reynolds’ Vuse and four product extensions, Port, Pro, Connect, and Fob, would be finessed. Ideas in the work include a dock and lock cartridge system. BAT is also working on a hybrid tobacco and electronic cigarette. The agreement runs through December 31, 2022.

Laboratory Corporation of America Holdings unveiled an enhanced report for drug monitoring developed by MedTox Laboratories, a member of the LabCorp Specialty Testing Group. The report contains a visual presentation of drug test results in the context of drugs prescribed. ToxAssure provides data about prescribed drugs, over-the-counter medications, unauthorized prescription drugs, and contraband. The information can, for example, stop a doctor from over-prescribing when a patient is afraid to admit he’s not been faithfully taking his meds. It can also isolate controllable factors caused by substances nobody wants to admit they abuse. Making more informed decisions about prescriptions will help doctors comply with increasing pressure to improve outcomes while controlling costs. ToxAssure is the latest in a suite of enhanced decision support reports for disease management offered

by LabCorp. By the end of the year, LabCorp expects it will have prepared over five million enhanced reports, which are made available to physicians using the company’s testing services.

Google, the world’s largest buyer of renewable energy, is not surprisingly the first customer for North Carolina’s Green Source Rider (GSR) program. The state legislature approved the program two years after Google asked Duke Energy to pursue its creation. GSR allows corporate entities to bypass complex regulations imposed by the North Carolina Utilities Commission and purchase energy directly from Duke. To take advantage of the program, corporate buyers will inform Duke of their interest. Then, Duke will find a green energy developer and agree to purchase a certain output.

Google has entered into an agreement for the purchase of 61 megawatts of power for its Lenoir data center from a solar farm, yet to be built, in Rutherford County. sixty-one megawatts is enough to power 12,000 average United States households. Similar programs operate in ten other states. Google has committed to powering all its operations with renewable energy sources, and to date it is 37% of the way toward its goal. Globally, Google has entered into agreements for the purchase of 1.2 gigawatts of clean energy.

80 Charlotte Street Asheville, NC 28801 (828)252-1594 CarpetOneAsheville.com January 2016 | capitalatplay.com 61

the old north state

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Juleigh Raines is now offering 3D sonograms in uptown Shelby. The 25-year-old licensed practical nurse opened her business, Love at First Sight, in October.

Before that, the closest 3D sonogram service was thirty minutes away. Raines became infatuated with the technology after she saw a 3D ultrasound rendering of her own son. The technology allows parents to know their baby’s gender six weeks earlier than they can with a regular sonogram. Parents can also see what their baby’s eyes and nose look like and sometimes even see hair. Since Raines is keeping her day job, she can only schedule appointments nights and weekends, but business has been strong and steady.

She had sixteen appointments her first weekend, and now she’s booked several months out. For $95, a client can get a 30-minute scan with a printout, DVD, and CD. Raines said one lady was so excited to see her baby on the big screen, she leapt off the exam table. Raines hopes to be able to take her business full-time within a year.

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Old Dominion Freight Line announced the completion of two years of renovations at its corporate headquarters. The renovations coincided with the company’s nationwide technology network upgrades. Improvements optimized available space in a two-story, 166,000 sq. ft. building to increase workspace capacity 50%. Samet Corporation of Greensboro was the general contractor for the project, which came with an initial price tag of $8 million. Featuring over 300 work spaces, 11 conference rooms, and 300 additional parking spaces, the new and improved headquarters has room to add to the 1015 staffers currently employed. Old Dominion is the fourth largest less-than-truckload motor

carrier in the country. In addition to shipping, the company offers logistical services, including expedited ground-air coordination, supply chain consulting, truckload brokerage, container delivery, and warehousing. Old Dominion has been in business 81 years, and it has been headquartered in North Carolina since it acquired Bottoms-Fiske Truck Line of High Point in 1962.

Train of Thought statewide

Two decades ago, a small contingency wanted the state to invest $136 million in improving existing railroad tracks to accommodate recreational rail service between Asheville and Salisbury. Now, the state is considering providing a shuttle bus so residents of Western North Carolina can hook up to the Salisbury Amtrak station. Service would begin in 2018. The shuttle is expected to grow demand for a western railway connection. Improving the tracks between Charlotte and Raleigh and adding a fourth and fifth train are also expected to grow capacity. Paul Worley, who heads up the Department of Transportation’s Rail Division (DOT), said the only thing standing in the way of the shuttle, or the tracks for that matter, is money. If a study currently underway indicates a “reasonable” amount of interest, the DOT would initiate talks with local governments and potential corporate sponsors to piece together financing.

Right now, it is possible to drive between Charlotte and Raleigh in just over two and a half hours. The train takes just over three hours.

A Learning Experience jacksonville, nc

The Onslow County Hospital Authority Board (OCHA) voted unanimously to disengage from exclusive partnership negotiations with Vidant Health and Carolina East. Negotiations for a threeway hospital partnership had continued

for twelve months, but were stalled after irreconcilable differences developed over federal anti-trust and local governance issues. OCHA chair Pat Alford said the board concluded after due diligence the partnership would not be in the best interest of the hospital’s clientele.

Opting out of a formal partnership and combined governance will not, however, mean the hospitals will discontinue clinical relationships to optimize services for the citizens of Onslow County. Alford chalked the negotiations up to a learning experience. From them the hospital was able to improve its finances and quality procedures. The hospital now operates in the black, and it has received several regional and national awards for quality standards. OCHA remains focused on improving the continuum of care available in Onslow County, and is therefore not going to be closed-minded about forging future partnerships.

Your source for Hearth & Patio needs 264 Biltmore Ave. Asheville, NC | 828.252.2789

Old-Fashioned Business wilmington, nc

Josh Meredith, a 16-year-old, is in the business of cutting and delivering Christmas trees, wreaths, and garlands.

The idea started a few years ago when his family was cutting their Christmas tree at a farm owned by a friend in Ashe County.

He took some wreaths home and sold them at a profit. This year, the business expanded to add trees. Meredith started taking orders before Thanksgiving, soliciting via a flyer mailed to neighbors in his hometown of Fayetteville. Then, during a trip to the Ashe County farm, he cut the trees himself and hauled them back in the family truck. With the help of his older brother, Michael Horton, Meredith delivered the trees, wreaths, and garlands ordered. Meredith continued to take orders, with prices ranging from $60 for a 6-foot tree to $135 for a 12-footer.

Meredith reported business was good and said he wanted to continue to run Concierge Christmas Trees through high school. He didn’t want to expand too fast, though, citing the importance of building relationships with his clientele.

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January 2016 | capitalatplay.com 63

local industry

Man•u•fac•ture

verb: to make, produce, mass-produce, build, construct, assemble, put together, create, fabricate, turn out, process, or engineer (something) on a large scale using machinery (see: ambiguous...)

I

n light of various conversations and whisperings about just how many, or few, manufacturers exist in our 18 counties of Western North Carolina, we decided it might be helpful to present a list of them to you, our reader.

There are many useful lists and organizations providing lists, either as a public service (as the many we spoke with do) or for sale. We found that while these lists are relatively accurate at a local level, there were more discrepancies as the area of interest becomes larger.

There is also the additional complicated question of what actually constitutes a manufacturing operation. According to the Bureau of Labor Statistics (and the North American Industry Classification System): The Manufacturing sector comprises establishments engaged in the mechanical, physical, or chemical transformation of materials, substances, or components into new products.

[

KEY

Business Name (Known date

[

established in Western North Carolina) Description of product

Avery Addco Manufacturing Company Auto Sway Bars

Linville Falls Winery Winery

Misty Mountain Threadworks

Establishments in the Manufacturing sector are often described as plants, factories, or mills and characteristically use power-driven machines and materials-handling equipment. However, establishments that transform materials or substances into new products by hand or in the worker’s home and those engaged in selling to the general public products made on the same premises from which they are sold, such as bakeries, candy stores, and custom tailors, may also be included in this sector. Manufacturing establishments may process materials or may contract with other establishments to process their materials for them. Both types of establishments are included in manufacturing.

This kind of ambiguity might lead to the exclusion of some firms. We will leave this separation up to you. If you see something you think should or should not be included, please let us know at editor@capitalatplay.com. We value your opinion.

Accurate Technology, Inc. (ATI) (1989)

Instruments and Related Products

Climbing harnesses and gear

Addison Farms Vineyard

S Banner Cabinets Incorporated

Air-Vent Exteriors, Inc. (1984)

Custom Cabinetry & Doors

Vance Toe River Lodge Winery

Winery

Canvas & Related Products Mills

Allegra Print & Imaging (1986)

AMCOR (1965)

Plastics Products

American Backcountry Apparal

American Speedy Printing Center (1986)

Commercial Lithographic Printing

Andy Oxy Co., Inc. (1946)

Commercial Lithographic Printing

Industrial Gas

Alliance-Carolina Tool and Mold Corp. (1964)

Appalachian Technology, LLC (2001)

A Stitch-N-Time (1964)

Alliance-Carolina Tool and Mold Corp. (Plastics Division) (1983)

Appalachian Tool & Machine, Inc. (1990)

Grandfather Vineyard & Winery

A V L Technologies, Inc.

Altamont Brewing

Landsman Forest Lawn Guard

A-B Emblem - A Division of Conrad Industries, Inc. (1963)

AMC, Inc., Steel Division (1984)

Banner Elk Winery

Buncombe

Blind Squirrel Brewery

A & M Tool - M Division, Inc. (1980)

Winery

Brewery

Industrial Molds

Flat Top Brewing Co. Brewery

Embroidery Shop

Winery

Landscape & Detaining Walls

64

| January 2016

Mobile Satellite Antenna Systems

Embroidered Emblems & Patches

Industrial Molds

Industrial Molds Brewery

Fabricated Structural Metal

Electronic Locks

Machine Shops

ARC (1972)

Digital Printing

Arcadia Dairy Farms, Inc. (1940)

Fruit & Vegetable Canning: Bottlers

Arvato Digital Services (1984) Prerecorded Compact Disc, Tape & Record Reproducing

Baldor-Dodge-Reliance (1979) Mechanical Power Transmission Equipment

Burial Beer Brewery

C & H Tooling, Inc. (1981)

Eaton Corporation Electrical Division (1977) Motors & Generators

Asheville Distilling Co.

Basofil Fibers, LLC (2002)

Asheville Hose & Equipment (1981)

Bee & Bramble Fine Meads

Carolina Knife Company, Inc. (1977)

Bhramari Brewhouse

Carolina Metals, Inc. (1985)

Electroplating, Plating, Polishing, Anodizing & Coloring

Biltmore Estate Winery (1983) Wineries

Carolina Ready Mix & Builders Supply, Inc. (2007)

Asheville Orthotic Prosthetic Center, Inc. (1994)

Biltmore Iron & Metal Company, Inc. (1948)

Carolina StoneWorks (1894)

Signage

Catawba Brewing Co.

Fed Ex Kinko’s Office & Print Center

Distillary

Rubber & Plastics Hose & Belting

Asheville Metal Finishing, Inc., Div. of TLF, Inc. (1983)

Surgical Appliance & Supplies

Asheville Paint & Powder Coat, Inc., Div. of TLF, Inc. (1992) Metal Coating, Engraving & Allied Services

Asheville Pizza & Brewing Company (1995) Breweries

Asheville Printwerk (1972)

Commercial Lithographic Printing

Asheville Rubber & Gasket Co., Inc.

Cellulosic Organic Fibers Winery

Brewery

Recyclable Material/ Scrap Metal Processing

Black Mountain Ciderworks Cidery

Black Mountain Machine & Fabrication, Inc. (1985) Machine Shops

Blue Mountain Pizza and Brewpub Brewery

Blue Ridge Biofuels (2005) Organic Chemicals

Special Dies & Tool Die Sets, Jigs & Fixtures

Blue Ridge Converting (1935)

Astral Buoyancy Company (2003)

Blue Ridge Chair Works

Atlas Precision Mold, Inc. (1974) Machine Shops

Blue Ridge Printing Company, Inc. (1974)

Atlas Precision, Inc. Tooling Division (1979)

Blue Ridge Timber Frame, Inc.

Life Preservers

Special Dies & Tool Die Sets, Jigs & Fixtures

Avail, a Flextronics Medical Company (Asheville) (1995) Plastics Products

B & H Environmental & Sheet Metal Contractors, Inc. (1976) Sheet Metal Work

Nonwoven Fabric Mills Furniture

Commercial Lithographic Printing Wood Products

BorgWarner Turbo Systems (1981) Motor Vehicle Parts

BP Solutions Group, Inc. (1926) Commercial Printing

Braiform (1996) Plastics Products

Baity’s Precision Machining, Inc. (1985)

Brisco, Inc. (1966)

Machine Shops

Commercial & Service Industry Machinery

Balcrank Corporation (1982)

Burco International, Inc. (1972)

General Purpose Machinery

Commercial Lithographic Printing (except Quick Printing)

Machine Shops

Hand & Edge Tools Mfg. Aircraft Engine and Engine Parts

Ready-Mix Concrete

Cut Stone & Stone Products Brewery

Celtic Ocean International, Inc./Grain & Salt Society (1968) Food Products

CEMEX (1935)

Concrete Blocks & Bricks

Clark Communications (1976) Commercial Printing

Colbond, Inc. (1995)

Artificial and Synthetic Fibers and Filaments

Crawford Sign Company (1952) Signs

Creative Woodcrafters, Inc. (1976)

Commerical & Residential cabinets

Cross Canvas Company, Inc. (1986) Textile Bag Mills

Custom Packaging, Inc. (1970)

Corrugated & Solid Fiber Boxes

Daniels Graphics (1948) Commercial Printing

Dave Steel Company, Inc. (1929) Fabricated Structural Metal

Deltec Homes, Inc. (1968)

Prefabricated Wood Buildings

Echoview Farms and Industries (2005) Textile Mills

Electrolux Major Appliances of North America (1987) Major Appliances

Farnam Custom Products, Inc. (1981)

Industrial Process Furnaces & Ovens

FASTSIGNS (1995)

Commercial Lithographic Printing

Flint Group (1941) Textile Machinery

FLS Energy, Inc. (2006)

Sustainable Energy Systems

Forest Millwork, Inc. (1991) Millwork (Including Flooring) French Broad Brewing Co. (1998) Brewery

Funkatoriuim Brewery

Gennett Lumber Company, Inc. (1901)

Other Millwork (Including Flooring )

Golf Associates Score Card Company/GA Printing (1970)

Commercial Lithographic Printing

Goworx

Accessories For GoPro’s HERO® Camera

Great Eastern Sun Trading Company (1981)

Natural/Organic Food Distributor

Green Man Brewing Company (2003) Breweries

Eagles Nest Outfitters

Grove Stone & Sand Company (1924)

Earthtone Graphics (1996)

Groves Printing Company, Inc. (1960)

Parachute Hammocks & Outdoor Accessories

Commercial Screen Printing

Cut Stone and Stone Products

Commercial Lithographic Printing January 2016 | capitalatplay.com 65

local industry

Harrison Construction (1965)

King Bio, Inc. (1989)

Hi-Wire Brewing

Laser Precision Cutting, Inc. (1989)

Asphalt Paving Mixture & Block Brewery

Pharmaceutical Preparation Plate Work

National Wiper Alliance, Inc. (1996)

Nonwoven Fabric Mills

Perfection Gear, Inc. (1983) Speed Changers & Industrial High-Speed Drive & Gears

Nexus Technologies, Inc. (1997)

Perfection Tool Die & Mold (1987)

Electronic Computers

Highland Brewing, Inc. (1994)

Lenscrafters (1997) Ophthalmic Goods

Noble Cider

Highwater Clays, Inc. (1980)

Lentz Cabinets & Associates, LLC (1989)

Normac, Inc. (1967)

Breweries

Lead Pencil and Art Goods

Howling Moon Distillery Distillery

Wood Kitchen Cabinets & Countertops

Lexington Avenue Brewery

I Play, Inc. (1982)

Infants’ Cut & Sew Apparel

ImageSmith Communications (1983)

Commercial Lithographic Printing

Industries for the Blind (1936) Textile & Fabric Finishing (except Broadwoven Fabric) Mills

Industry Nine Componentry Bicycle Wheels

Ingle’s Markets, Inc.

Grocery & Food Products

Injection Technology Corp. (ITECH) (1987) Plastics Products

Brewery

Tents & Outdoor Apparal

Nypro Asheville (1988)

Lightheart Gear

Linamar Corporation (2011)

IWANNA USA, LLC. (1976) Newspaper Publishers

Jacob Holm Industries (Americas), Inc. (2004)

Cut Stone & Stone Products Plastics Products

Agriculture, Construction and Mining Machinery

Ohio Electric Motors, Inc. (1979)

Lookout Brewing

Oliver Business Products (1969)

Loren Cook Company (1989)

One World Brewery

Brewery

Industrial & Commercial Fans & Blowers

M B Marketing & Mfg. Co. (1984) Railroad Rolling Stock

Marine Systems, Inc. (1982) Mathis Electronics (1980)

Sheet Metal Work

Machine Tools (Metal Cutting Types)

Nova Enterprises DBA Nova Kitchen & Bath (1978)

Plastic Products

Ism, Inc. (1983)

Cidery

Printed Circuit Assembly (Electronic Assembly)

Medical Action Industries, Inc. (1981)

Motor & Generators Commercial Printing Brewery

Open Brewing Brewery

Optical Cable Corporation (1990) Electronic Connectors

Orthopedic Appliance Company, Inc. (1960)

Surgical Appliance & Supplies

OTS Corp. (1990)

Surgical Appliance & Supplies

Special Die & Tool Die Set, Jig & Fixtures

PGC, Inc - Parameter Generation and Control, Inc. (1977) Instruments & Related Products

Pisgah Brewing Co. Brewery

Plasticard-Locktech International (1988) Plastics Products

PolyLINKS, Inc. (1996) Plastics Products

Precision Products of Asheville, Inc. (1960) Machine Shops

Precision Products Performance Center, Inc. (1985) Motor Vehicle Transmission & Power Train Parts

Precision Tool Dye Mold, Inc. (1995) Precision Turned Product

Process Automation Technologies (2001)

Commercial & Service Industry Machinery

Promatic Automation, Inc. (2000) Factory Automation Equipment

R & D Plastics, Inc. (1979)

Surgical Appliance & Supplies

Oyster House Brewing Co.

Plastic Injection Molding & Engineering

Jewels That Dance (1983)

Metalcraft Manufacturing Corp (1969)

Brewery

P.E. Valve Company, Inc. (1961)

Ramsey Group, Inc. (1989)

Just Ducky Originals/ Children’s (1980)

Milkco, Inc. (1982)

Palmer Wahl Temperature Instruments (1836)

Randall King Knives, Inc. (2003)

Parts & Systems Company, Inc. - PASCO (1987)

Reich LLC (2010)

Nonwoven Fabric Mills

Precious Metal Jewelry

Infants’ Cut & Sew Apparel

Karpen Steel Custom Doors & Frames (1977)

Precision Turned Products Fluid Milks

Mills Manufacturing Corp. (1952) Textile Product Mills

Metal Window & Door

Moog Music, Inc. (1978)

Kearfott Guidance & Navigation Corp. (1955)

Moss Sign Company (1994)

Electronic Components

Keen Impressions, Inc. (1991)

Commercial Lithographic Printing

66

| January 2016

Musical Instruments Signs

Mountain Marble & Granite, Inc. (1994)

Cut Stone and Stone Products

Industrial Valves

Instruments & Related Products

Textile Machinery

Peco, Inc. (1973)

Soap & Other Detergents Cutlery and Flatware (Except Precious)

Transmissions and Parts, Automotive, Truck and Bus

Renaissance Glass, Inc. (1976)

Lawn & Garden Tractor & Home Lawn & Garden Equip.

Glass Products (Made of Purchased Glass)

Pentair Valves & Controls, Inc.

Rightline Gear

Customized Valve & Control Solutions

Automotive Accessories

Road King Trailers, Inc. (2002) Boat Trailers

S T & F Precision Technologies & Tools (1992) Hand & Edge Tools

Samson Corp. (1993)

Stepps Stone Work, Inc./J.R. Stone Sales, Inc. (1976)

U.S. Gear Tools - Division of U.S. Group, Inc. (1971)

Stuart Nye Hand Wrought Jewelry (1933)

Unison Engine Components (1949)

Cut Stone & Stone Products

Jewelry Mfg. (Except Costume)

General Purpose Machinery (Merchant Wholesalers)

Swaygo Gear

Screenprinting, Inc. (1994)

Sweeten Creek Brewing (2015)

Commercial Screen Printing

Silver-Line Plastics Corp. (1962) Plastic Pipe & Pipe Fitting

Simple Shot Shooting Sports Slingshots

Sir Speedy Printing Center (1994) Other Commercial Printing

Skyland Prosthetics & Orthotics, Inc. (1979)

Surgical Appliance and Supplies

Smithway, Inc. (1980) Truck Trailers

Smokey Mountain Lumber, Inc. (1977)

Millwork (including Flooring)

Smoky Mountain Machining, Inc. (1978) CNC Machine Shop

Solarnemics (1976) Machine Shops

Southern Concrete Materials, Inc. (1958) Ready-Mix Concrete

Southeastern Container, Inc. (1982) Plastics Bottles

Spego, Inc. (1991)

Metalworking Machinery

Springs Global (1972)

Nonwoven Fabric Mills

Stampco Metal Products, Inc. (1969) Metal Stamping

Stephens Upholstery Company, Inc. (1972)

Reupholstery & Furniture Repair

Backpacks & Caving Gear Brewery

Hand & Edge Tools

Aircraft Engine & Engine Parts

Urban Orchard Cider Company Cidery

Vertique, Inc. (1997)

Conveyor & Conveying Equipment

Vivid Image, Inc. (2000)

T Precision Machining, Inc. (1999)

Commercial Lithographic Printing

T-Fab & Precision Machining, Inc., Div. of TLF, Inc. (1998)

Cut Stone and Stone Products

Machine Shops

Machine Shops

Terra Forma Outdoor Solutions Self-Adjusting Outdoor Chair

TE Connectivity (1980)

Relay & Industrial Control Mfg.

The Chocolate Fetish, LLC (1986) Confectionery Mfg. from Purchased Chocolate

The Chocolate Lounge (2008)

Vulcan Materials Company - Mideast Division (1964)

W. P. Hickman Company (1975) Sheet Metal Work

Ophthalmic Goods

Standup paddle boards

Thirsty Monk

Williams Plating Company, Inc. (1982)

Twin Leaf Brewery Brewery

Tyco Valves & Controls, L.P. (Kunkle Valve & Cash Valve) (1982) Industrial Valves

Creative Sportswear, Inc.

Embroidery & Screen Printing

MGM Brakes

Brakes & Electronic Brake Monitoring Systems

Nottely River Valley Vineyards Winery

Clay

Burial Caskets

Precision Turned Products

Newspapers & Printing

Western Carolina Optical, Inc. (1986)

Threshold Provisions

Turnamics, Inc. (1969)

Cherokee Scout, Inc.

Winery

Brewery

Wireless Communications Equipment

Winery

Valley River Vineyards

Air-Conditioning, Refrigeration, & Warm Air Heating Equipment

Trident Micro Systems (1996)

Cherokee Cellars Winery

Brewery

Wicked Weed Brewing

Energy Development & Conservation

Winery

Wedge Brewing Co.

Thermo Fisher Scientific, Inc. (1981)

TransEco Energy Corp. (2006)

Calaboose Cellars

Snap-On Power Tools, Inc.

Waterproof Bags & Outdoor Products

West Asheville Standup Paddle Boarding

Brewery

Roof & Floor Trusses

Watershead Dry Bags

Chocolate, Confectionary Made From Cacao Beans

Food Products

Andrews Truss, Inc.

Wilbert Vault Co. (1966)

Shop Equipment & Automotive Diagnostic Tools

Advance Digital Cable Wire, Cable, Plastics

BC Machining

Contract Manufacturing, Machining of Metal Parts

Coleman Cable, Inc.

Wire & Cable Products

Eagle Fork Vineyards Winery

Electroplating, Plating, Polishing, Anodizing & Coloring

Lidseen Of North Carolina

Wishbone Tiny Homes

Premium Knife Supply

Home Construction

WNC Pallet & Forest Products Company, Inc. (1959) Wood Container & Pallets

Wright Machine & Tool Company, Inc. (1970) Machine Shop

York Label, Inc. (1984) Commercial Printer

Cherokee Andrews Brewing Co. Brewery

Contract Manufaturing, Machining Knife Manufacturing, Metals

Southwire

Wire, Cable, Electrical Parts

Haywood Alltec Corporation (1991)

Lightning Protection Equipment

Associated Packaging Technologies (1996)

Packaging Equipment & Materials

Bearwaters Brewing Co. Brewery

January 2016 | capitalatplay.com 67

local industry

Henderson

Boojum Brewing Brewery

A & M Tool, Inc. (1980)

Canton Hardwood Company (1950)

Hardwood Dimension & Flooring

Special Die and Tool, Die Set, Jig, and Fixture Manufacturing

Able Industrial Service (1980)

Consolidated Metco

Commercial Vehicle Components

Cornerstone Printing & Design (1988) Commercial Printing

Evergreen Packaging (1908)

Paper Mills (Except Newsprint)

Evergreen Packaging (Extrusion Mill) (1999)

Plastics, Foil & Coated Paper Bags

Frog Level Brewing Co. Brewery

Giles Chemical, A Division of Premier Magnesia, LLC (1950) Inorganic Chemicals

Haywood Vocational Opportunities (1972)

Surgical & Medical Products

Holston Environmental Services, Inc. (1977) Petroleum Lubricating Oil & Grease

Oaks Unlimited, Inc. (1982)

Machine Shops

Advanced Technical Welding, Inc. (1987)

Machine Shops (Welding Job Shop)

Byers Precision Fabricators (1942) Sheet Metal Work

Candy Cakes

Bath & Body Products

Cane Creek Cycling Components, Inc. (1975)

Motorcycle, Bicycle & Parts

Carolina Paper Tubes, Inc. (1979)

Measuring and Controlling Devices

All Other Converted Paper Products

All Juice Food & Beverage, LLC (1992)

Clement Pappas of North Carolina, Inc. (1973)

Food Products

Fruit & Vegetable Beverages

AlphaTech, Inc. (1999) Machine Shops

Coats North America (Hendersonville Plant) (1951)

American Cable & Rigging Supply, Inc. (1987)

Continental Teves, Inc. (1997)

Lifting Products & Materials

Motor Vehicle Metal Stamping

American Pride, Inc. (2003)

Continental Tool Works, Inc. (1995)

Air Chek, Inc.(1985)

Wood Kitchen Cabinet & Countertop

Thread Mills

Special Die and Tool, Die Set, Jig, and Fixtures

American Quality Foods/ Dover Foods (1994)

Country Marble, Inc. (1997)

Flour Mixes & Doughs

Cut Stone & Stone Products

Asheville Thermoform Plastics, Inc. (ATP) (1998)

Dampp-Chaser Electronics Corp. (1947)

Plastic Thermoforming

Electric Housewares & Household Fans

Atlas Bolt & Screw Company Div. of Marmon Group, Inc. (1984)

Daystar Machining Technologies, Inc. (1999)

Nonferrous Die-Casting Foundries

Machine Shops

Screen Printed & Embroidered Apparel

Betech, Inc. (1991)

Delta Machining & Design, Inc. (1988)

Powell Wholesale Lumber Company (2002)

Blue Ridge Metals Corp. (1988)

Lumbar

Old Style Printing (1992)

Commercial Lithographic Printing

Patti Boo, Inc. (1978)

Machines for HVAC Sheet Metal

Cut Stock, Resawing Lumber & Planing

Roc-N-Soc Manufacturing (1990) Nonupholstered Wood Household Furniture

Sonoco

Packaging Products

Tipping Point Brewing Brewery

Bold Rock Hard Cider

Asphalt Paving Mixture & Block Mfg.

| January 2016

Diamond Brand Canvas Products Company, Inc. (2000) Canvas & Related Products Mills

Cidery

Dreicor, Inc. (1979)

Boondocks Manufacturing, Inc. (1972)

Elkamet, Inc. (2006)

Sheet Metal Work

Prefabricated Wood Buildings

Plastics & Polymer Materials

BorgWarner Thermal Systems (1978)

Fieldco Machining (1989)

Gasoline Engine & Engine Parts

WNC Paving Company (1960)

68

Motor Vehicle Steering & Suspension Components

Machine Shops

Burntshirt Vineyards Winery

Machine Shops

GB Industries (1995) Rubber Gloves

GE Lighting Systems, Inc. (1955)

Electric Lighting Fixtures

Greenleaf Corporation (1977) Cutting Tool and Machine Tool Accessories

Hardin Company (1977) Pillow Forms

Haynes Wire Company (1975) Wire Drawing

Highland Tool & Gauge, Inc. (1985)

Special Die & Tool Die Sets, Jigs & Fixtures

International Tela-Com of Asheville, Inc. (1969)

Current-Carrying Wiring Devices

Jackson Steel, Inc. (1952)

Ornamental and Architectural Metal Products

Jones Concrete Company (1980)

Other Concrete Products

Kiln Drying Systems and Components, Inc. (1992)

All Other Industrial Machinery

Kimberly-Clark Corp.

(Berkley Mills Division) (1945) Nonwoven Fabric Mills

Kingsway Ready-Mix Concrete (1989) Ready Mix Concrete

Kyocera Industrial Ceramics (1967)

Ceramic Components

Legacy Paddlesports Canoes & Kayaks

Leisure Craft, Inc. (1979)

Showcase, Partition, Shelving & Lockers

Levi Industrial Group, Inc. (1995) Machine Shops

Manual Woodworkers & Weavers, Inc. (1974) Broadwoven Fabric Mills

McFarlan Bake Shop (1930) Commercial Bakeries

Medical Cable Specialist/M T I (1991)

Surgical & Medical Instruments

Meritor, Inc.

Automotive Products

Minute Man Products, Inc. (1971) Misc. Metal Products

Mona Lisa Food Products, Inc. (1993)

Food Products Supplier

Mountain Rug Mills (1950) Carpet & Rug Mills

Mountain Showcase Group, Inc. (1996)

Wood Kitchen Cabinets & Countertops

Naked Apple Hard Cider Cidery

National Wood Products (1978) Wood Containers & Pallets

Old Castle Industrial Minerals-Fletcher (1948)

Ground or Treated Mineral & Earth

The Oriole Mill Luxury Textiles

Sierra Nevada Brewing Co. Brewery

Skyline Plastic Systems, Inc. (1990) Injection Molding

SMARTRAC Technology RFID technology

Southern Agricultural Insecticides (1940)

Narrow Fabric Mills

TDM Corp. (1969)

Flexible Moulding

Saint Paul Mountain Vineyards Winery

Saluda Mountain Products, Inc. (1992)

Showcases, Partitions, Shelving, and Lockers

SELEE Corp. (1978)

Nonclay Refractory Manufacturing

Shorewood Packaging Tabor Road (A Business of International Paper) (1959) Folding Paperboard Boxes

Caterpillar Precision Seals Franklin Tubular Products, Inc. Tubing Solutions

Harmony House Foods

Freeze Dried Food Products

Satulah Mountain Brewing Co.

Cidery

UPM Raflatac, Inc. (1985)

Brewery Brewery

Coated & Laminated Paper

Madison

Van Wingerden Greenhouse Co. (1979)

Advanced Superabrasives, Inc. (1993)

Vulcan Materials Company (1959)

ResinArt East, Inc. (1992)

Recycled Paper

Three Sisters Cidery LLC

Prince Manufacturing (1999)

Food Product Machinery

Jackson Paper Co.

Lazy Hiker Brewing Co.

Oxlife, Inc. (1988)

Putsch and Company, Inc. (1974)

Baxter Healthcare Corp.

Brewery

Special Die & Tool Die Set, Jig & Fixtures

Vocational Solutions Of Henderson County

Metal Coating & Engraving

Innovation Brewing Co.

Adhesives & Glue

Standard Tytape Company, Inc. (1954)

Vocational Training

Cutting Tool & Machine Tool & Accessory (Abrasive Products)

Alcan Packaging (1986) Medical Flexibles

Avery’s Creek Machine, Inc. (2000)

Cut Stone and Stone Products

Machine Shops, Welding and CNC Burning

Welding Unlimited (1995)

Deringer-Ney, Inc. (1972)

Fabricated Structural Metals

Western Carolina Tool & Mold (1997)

Special Die & Tool Die Set, Jig & Fixtures

Wilsonart International (1979) Laminated Plastics Plates, Sheets, & Shapes

Wirtz Wire EDM, Inc. (1993)

Machine Shops

Zumco, Inc. (1974) Machine Shops

Flexible Packaging

McDowell

Southern Appalachian Brewery Brewery

Printpack, Inc. (1986)

Brewery

Macon

Outrider USA

Surgical & Medical Instrument

Heinzelmännchen Brewery

Pesticide & Other Agricultural Chemicals

Prefabricated Metal Building and Components

Electric Bikes

Jackson

Current-Carrying Wiring Device

Dynamic Systems, Inc. (1967)

Medical Products

Belle Nicho Winery Winery Columbia Forest Products, Inc.

Hardwood Plywood & Veneers

Crane Resistoflex Co.

Plastic Lined Pipe and Fittings

Ethan Allen, Inc., Pine Valley Div.

Furniture Manufacturing

Haldex Services Corp.

Automotive Brake Products

International Automotive Components Group North America, Inc. Automotive Components

Janesville Acoustics Felt-based Molded & Die-cut Products

Rock-Tenn Marion Folding Packaging Products

South Creek Vineyards & Winery Winery

Tilson Machine, Inc. CNC Machine Shop

Mitchell Better Publishing, Inc. Miscellaneous publishing

Urethane & Other Foam Products (Except Polystyrene)

BRP US, Inc.

Fontaine Vineyards

Dry County Brewing Co.

Winery

Honeywell Sensing & Control (1973)

Switchgear and Switchboard Apparatus

Peerless Electric DBA Madison Manufacturing Company (1992) Industrial & Commercial Fan & Blowers

Recreational Vehicle Products

Brewery

New Buck Corporation Wood stoves and Grills

The Quartz Corp, USA High purity quartz

Unimin Corp., Schoolhouse Mine

Non-metallic Industrial Minerals January 2016 | capitalatplay.com 69

local industry

Polk

Diamond Back Tactical

Parker Hannifin Corp.

Verity Resin

Diverse Corporate Technology

Parton Lumber Co.

Walker Building Systems

Eaton

Plastic Packaging, Inc.

Watts Regulator Co.

Ed’s Pallet World, Inc.

R & D Weaving

Watts Water Technologies, Inc., Regtrol Div.

Winery

Fulton Mechanical & Machine

Robbins Brick & Block, Inc.

Rutherford

Gilkey Lumber Company

Sonoco Molded Plastics

Heritage Classic Wovens, LLC

Southeastern Rack Company

Horsehead Corporation

Sunray, Inc.

Enforcement Apparel

Mountain Brook Vineyards Winery

Communication Construction

Overmountain Vineyards Winery

Hydraulic Hose

Parker-Binns Vineyard Winery

Pallet Recycling

Russian Chapel Hills Winery

Precision Machining Lumber

Aallied Die Casting Co. of NC Custom Aluminum Die Castings

Abercrombie Textiles II LLC Jacquard Fabric

Textiles

Zinc Recycling

Alliance Precision Plastics Injection Molding

KCH Services, Inc.

Ventilation Scrubber Systems

American MISO Company Miso & Soy Sauce

Lakeside Mills

Flour, Grain Milling

Motion & Control Technologies Lumber

Flexible Packaging

Textiles, Woven Throws Masonry Distributor Molded Plastics

Metal Finishing Racks/Baskets Custom Polyurethane Products

Sunrise USA

Lipscomb Neon Signs

Thieman Mfg. Technologies, LLC

Paving Contr

Manual Woodworkers & Weavers

Thompson Contractors, Inc.

Signs & Advertising Displays

Printing

Other Household Textile Product Mills

Blue Ridge Distilling

Mayse Manufacturing

Associated Printing

Distilleries

Utility Buildings & Carports

Bonita Pioneer

Meritor

Packaging & Labeling Services

Broad River Forest Products, Inc.

Open End Spun Yarn Sewing

Hydrografix

Mulch Products

Packaging Corp of America Corrugated Boxes

CMI Automotive

Parker

Upholstery Fabric

70

Oh Suzannah Outdoor Colors, LLC

Carpenter Mulch Products

Hydraulic Valves

| January 2016

Bearings

The Timken Co. Bearing Supplier

Trelleborg – Grace Plant

Milliken & Co.

Wooden Pallet Repair and Recycling

Timken – Shiloh Plant

Milliken & Co Golden Valley Plant

C F Reece & Son

Carpenter Design, Inc.

Crushed Stone

Touchstone Fine Cabinetry

Textiles

Steel Fabrication & Machining

Metal Fabrications

Truck Drive Axles

Wood Chips

Wells Jenkins Wells

Animal (Except Poultry) Slaughtering

WestRock

Display Fixtures

White Oak Carpet Mills Carpet

Wilbert Plastic Services, Inc. Molded Plastics

Nantahala Brewing Co.

Call Center Services

APAC – Carolina, Inc.

Water Quality Product

Team Air

Liberty Press

Ameridial, Inc.

Valves & Valves Components

Swain

Ink Mfg.

Manifold Business Forms

Roof Trusses

Curtain and Linen Mills Custom Oversized Air Handling Equipment

American Water Graphics, Inc.

Recycle Plastics

Custom Cabinets

Brewery

Transylvania Art Enterprises, Inc. (1990) Fruit & Vegetable Processing

Ayers Handcrafted Furniture (1986) Furniture

Backcountry Outdoors (1997) Motorcycle

Ben’s Custom Woodwork (1984) Furniture

Blue Ridge Quick Print, Inc. (1978)

Coating Fabrics

Commercial Printing

Trelleborg Coated Systems U.S., Inc.

Bracken Mountain Bakery (1995)

Polymercoated Fabrics

Tri-City Concrete, LLC Ready Mix Concrete

Ultimate Textile, Inc. Textile Dyer

Valley Fine Foods

Frozen Specialty Food

Bakery Products

Brevard Brewing Brewery

Brevard Sign Company (1980) Signs

Cancun Mexican Store (2005) Fruit & Vegetable Processing

Carla McElmurray Owner (2012) Office, School & Art Supplies

Carolina Printing of Brevard, Inc. (2004) Commercial Printing

Cherry Dental Laboratory, Inc. (1999)

Medical Equipment & Supplies

Choppers East (2003) Apparel

Copy Works (2005) Commercial Printing

D Max Corporation, Inc. (2002) Manufacturing Sector

Doug Hoffman (1995) Musical Instruments

Early Manufacturing, Inc. (2011) Manufacturing Sector

Ecusta Business Development Center, LLC (2003) Pulp & Paper Mills

Excelsior Packaging Group, Inc. (2006) Pulp & Paper Mills

Gaia Herbs, Inc. (1992) Edible Oils

Henry Mountain Associates, Inc. (2004) Musical Instruments

Hensen Catering, Inc (2006) Bakery Products

J Dillon Woodcrafters, Inc. (2007) Wood Products

Kathy Case (2011)

Agricultural Machinery

Lbm Industries, Inc.

Nonmetallic Mineral Products

Leather Specialties Co. (2004)

M-B Industries, Inc.

Stamping & Wire Form Parts

McCall Technology, Inc. (1998) Electrical Products

McJast, Inc. (1987)

Fabricated Metal Products

Nancy and Company Crafters, LLC (2012) Toy & Games

Oskar Blues Brewery Brewery

P. H. Glatfelter Company Pulp & Paper Mills

Pharmagra Labs, Inc. (1999) Pharmaceutical

Piney Mountain Sawmill (1977) Lumber & Plywood Products

Pisgah Labs, Inc. (1979) Pharmaceutical

Praxair Surface Technologies, Inc.

Metalworking Machinery

Rotating Machinery Analysis, Inc. (1993) Machinery

Signs & More, Inc. (1986) Signs

Smith Systems, Inc. (1982) Semiconductor & Other Electronic Components

Stone Mountain Cabinetry & Millwork, Inc. Furniture

Sweet Treats (2015) Bakery Products

SylvanSport

Camping & Adventure Trailers

Leather

This list is a compilation of many other lists compiled by various organizations in North Carolina, listed below. However, these organizations are not responsible for this list of manufacturers as shown here. We acknowledge that this list is not complete. It may contain businesses that are no longer located or named as listed. The descriptions of their activities may also

Technical Design Associates, Inc. (2009)

Plastic & Rubber Products

Dewoolfson Down Textiles

ECRS

Glass & Glass Products

Retail POS Systems

Theros Groves Olive Oil (2015)

Food Products

The Glass Feather (1982)

Edible Oils

Tim Leightner Co. (1994) Transformer

Tnw Ventures, Inc. (2004) Candy

Toxaway Concrete, Inc. (1976) Cement & Concrete Products

Trend Performance Products Plastic & Rubber Products

Tucker Creek Products, Inc. (1990)

Architectural & Structural Metals

Wells Woodworks (1987)

Lumber & Plywood Products

Win’s Smoke House Services, Ltd. (1996)

Machinery Manufacturing

Young Bat Company, Inc. (1993) Sporting Goods

Watauga Appalachian Mountain Brewery Brewery

Blowing Rock Brewing Co. Brewery

Boone Industries Furniture

Carroll Companies Leather

Charleston Forge Furniture

Goodnight Bros. Produce Co. H&T Chair Co.

Beach Chairs, Umbrellas, & Cabanas

Highland International Paint

Hospitality Mints, LLC Food Products

Lost Province Brewing Co. Brewery

Misty Mountain Threadworks Climbing Harnesses & Sewn Climbing Gear

Molecular Toxicology Biological Products

Tsuga Canopies

Portable Shelters

US Buildings

Clearspan Steel Buildings

Watauga Opportunities, Inc. Vocational & Employment Opportunities

Watauga Wood Products Log Homes Materials

XP Climate Control

Climate Control Systems

Yancey Altec Industries Utility Products

Glen Raven Technical Fabrics, LLC Technical Fabrics

HSM Solutions

Furniture Components

be incorrect. We also know for a fact that there are manufacturers currently in the 18 counties of Western North Carolina covered, but not shown in this list. Because of these facts, we welcome your corrections. If you know of a manufacturing firm not shown here, or wish to assist in correcting errors in this list, we encourage you to contact us at editor@capitalatplay.com.

Thanks to: North Carolina Chamber of Commerce, North Carolina Manufacturers Alliance, Economic Development Partnership of North Carolina, Economic Development Coalition for Asheville-Buncombe County, Haywood Economic Development Council, Mitchell County Economic Development Commission, Rutherford County Economic Development Commission, Swain County Economic Development Commission, Transylvania Economic Alliance January 2016 | capitalatplay.com

71

column

2015 Tax Strategies

Tax planning for the year that just ended might not be behind you yet.

E

V EN THOUGH W E H AV E JUST BEGUN 2016 it does not mean that tax planning opportunities for 2015 have ended. As you are closing your books or assessing your individual income and deductions, you may f ind opportunities to still impact 2015 tax outcomes. Below we will explore a few strategies which may be beneficial to you.

Cost Segregation Study and other Fixed Asset Considerations

T

tar a c . theodossis

is a Tax Services Partner with Dixon Hughes Goodman, LLP, in Asheville, North Carolina.

72

Owners of real property can significantly increase their cash flow on acquired or constructed property by accelerating tax deductions through Cost Segregation. This is an accounting, tax, and engineering analysis of real property expenditures, the purpose of which is to segregate costs for shorterlived property for income tax reporting purposes.

For example, a newly purchased nonresidential rental building with a depreciable life of 39 years may have fixtures which can be broken out of the total and depreciated over seven years. The acceleration of this tax depreciation creates a tax deferral which provides near-term cash—cash that can be reinvested in operations or other investments.

Cost Segregation experts can estimate return on the project investment, and it often exceeds 20 to one. Cost Segregation is beneficial for investments made in 2015 or prior years, and the related studies can be performed after the close of the tax year in which the investment was made. By analyzing project costs and completing engineering estimates from construction blue prints and/or in-person site tours,

| January 2016

Cost Segregation engineers are able to generate tax benefits in accordance with published IRS guidance.

A more routine procedure that businesses should perform annually is evaluation of their fixed asset schedule. Make sure your fixed asset schedules are up to date and that asset disposals which occurred during 2015 are appropriately recorded on your books and in your fixed asset software. Asset disposals not only impact your income taxes but also impact county property tax reporting. Disposing of assets no longer in service might reduce your personal property taxes. Just as 2015 asset acquisitions must be reported, disposals need to be reported in the appropriate year.

As of the end of November 2015, the IRS made a significant decision to increase the de minimis safeharbor amount to $2,500 for businesses without an Applicable Financial Statement (AFS). If a business makes this safe harbor election, they are allowed to deduct the cost to acquire, produce, or improve tangible units of property under that amount. Prior to this recent IRS decision, the de minimis amount for businesses without an AFS was $500. While the IRS has said that this new amount is effective for costs incurred in tax years after 2015, they will not

T challenge the new $2,500 threshold prior to 2016. Accordingly, businesses may review asset listings for 2015 asset purchases and see how this decision may impact asset classification.

Retirement Plan Contributions

Retirement plan contributions can offer tax benefits to both businesses and individuals, and some of those decisions about how much to contribute may be made after the close of a tax year.

Individual Retirement Account (IR A): Eligible individuals may make 2015 contributions to Roth or Traditional (both deductible and nondeductible) IRAs by April 18, 2016. The maximum contribution is $5,500; those taxpayers age 50 or over at the end of 2015 may contribute an additional $1,000. Since the annual contribution amounts are limited, it may be important to the taxpayer not to miss the opportunity to maximize contributions in any particular year.

Simplified Employee Pension IRA (SEP IRA): A taxpayer with self-employment income in 2015 may be eligible to contribute to a SEP IRA. Not only is the deadline for the 2015 contribution the CONSIDER tax return due date in 2016 (including JANUARY A TIME extensions), but the tax return due date in 2016 (including extensions) is also TO STR ATEGICALLY the date by which the 2015 “plan” can CONSIDER A YEAR be established. By establishing a plan in IN THE PAST. 2016, a self-employed individual has the opportunity to decide on a contribution after the close of the tax year once final 2015 income has been determined. The maximum contribution allowed is 20% of net self-employment income after the self-employment tax deduction, up to a maximum contribution of $53,000.

Fiduciary 65 Day Distribution Deduction

Both fiduciaries and taxpayers who are beneficiaries of estates or trusts may be able to strategize now about how to most effectively share their 2015 tax burden. If an appropriate election is made, a fiduciary with a December 31, 2015 year-end may designate some or all of the distributions made in the first 65 days of 2016 as made during the 2015 tax year. This opportunity allows a fiduciary to assess the income of the estate or trust for 2015, while still being able to either make an additional distribution in 2016, or allocate a distribution which has already been made in the first 65 days. Allocating a distribution to 2015 may allow the fiduciary to push some of the taxable income away from the trust or estate and to the beneficiaries. Depending on the tax brackets of both parties in both years, there may be an opportunity to strategize in a way which reduces the overall tax burden. Not only can this election impact traditional income tax as determined by the tax brackets, it may also impact one party’s need to pay the 3.8% net investment income tax. This election amount is limited to the greater of the trust or estate’s accounting income for the tax year or the distributable net income and is generally available to estates and complex trusts as opposed to simple trusts.

If the aforementioned opportunities possibly align with your current situation, consult with your CPA and further explore whether you specifically meet eligibility requirements. Consider January not only a time of gathering data needed for tax preparation, but also a time to strategically consider a year in the past.

January 2016 | capitalatplay.com 73

UPDATES FOR

&

NATIONAL WORLD [

news briefs

Huge, Edgy, Prefabricated Whatnots miami, fl

The Design Miami 2015 fair was home to limited edition, designer, prefabricated, mixed-use structures. On exhibit—without a single buyer—were structures costing in the five-to-seven digit range, which were too large for a normal yard and would be rather difficult to haul somewhere, like a beach, where they would fit. Zaha Hadid Architects offered a dining pavilion, featuring a modern picnic table under a clunky, open metal canopy for $480,000. Gluckman Tang showcased a movable object to display contemporary art that resembled a small, whitewashed, falling-down tobacco barn, priced at $130,000. J. Mayer H.’s Balloon HunterBanks_CapitalPlay ad.pdf

1

11/4/11

]

Relaxation Pavilion looked like a spiky golf ball, but with a 27-foot semi-major axis, it dwarfed a semi truck. Michael Maltzan offered a chic, max headroom, $35,000 Bettina Beach Pavilion appropriate for a small island. And one of Jean Prouvé’s attractive wood huts designed for the French army in 1939 was on display, valued at $2 million. The structures were a first step toward development of a line of prefabricated designer houses.

Missing The Forest For The Trees

a company until after they graduate.

Fearing students get too absorbed in entrepreneurship, and concerned that the majority of student startups fail, faculty members are advising students to focus on their studies and campus life.

Sixteen percent of the current cohort has already founded a new company, and the school is, after all, frequently visited by venture capitalists. But the departing dean, Garth Saloner, explains he runs the Graduate School of Business, not a school of entrepreneurship. He advises profit-seeking whiz kids to go to a business incubator instead of business school. Leah Edwards, who runs the school’s Center for Entrepreneurial Studies, encourages students to intern in lieu of going into business for themselves.

And Maeve Richard, who coordinates the business school’s career center, counsels wannabe entrepreneurs to think about stable employment.

stanford, ca

Skype for Business on the Loose

Stanford University leadership is instructing students in the school’s MBA program to hold off on starting up

Microsoft released Skype for Business in Office 365. For $35/month, Office

10:42 AM

seattle, wa

Asheville’s Full Service Fly Shop

Classes • Yarn • Kits & Supplies • Accessories Look for the mural

Exit 4c off I-240 • Guided Fly Fishing trips 29 Montford Ave, Asheville • Fly Fishing Classes 1-800-227-6732 • Fly Tying Classes www.HunterBanks.com 74

| January 2016

Burnsville: 17 West Main St. Burnsville, NC 28714 828.678.9890 www.yummiyarns.com

Hours: Mon-Sat 10-6 Thurs 10-8 Sun 1-4

Biltmore Village: 18 Brook St. Suite 105B Asheville, NC 28803 828.575.2094

365 subscribers will enjoy enhanced, business-oriented Skype services, with Skype icons. For example, Skype Meeting Broadcast will allow the broadcast of proceedings to 10,000 user interfaces. Those linked in will be able to participate in real-time polling with Bing Pulse and chat with Yammer. For those without Internet access, Public Switched Telephone Network (PSTN) will allow people to dial in and be dialed in to meetings. Cloud PBX with PSTN calling will allow an operator to perform with a single click or tap traditional switchboard functions, like holding and forwarding calls, and users will be able to use existing phone lines to subscribe to Microsoft calling plans. Delve Analytics, Power B1, and Advanced eDiscovery will enable analytics, including machine learning and predictive coding, while Customer Lockbox and Advanced Threat Protection will provide security through access management in the Cloud and malware/virus protection.

Sound Management, Solid Financials sydney, australia

Industry analysts have reason to believe Atlassian, a maker of business

32

60

carolina in the west

the old north state

software for efficient teamwork, like JIRA and HipChat, could soon enjoy the most successful initial public offering by a technical company this year. Shares are expected to sell for between $16.50 and $18.50, which could earn the company $3.8 billion. Last year, the company was privately valued at $3.3 billion. The IPO would buck a trend this year wherein tech companies are falling way short of goals. For example, Square lost half its $6 billion value going public. Atlassian is different because it has strong financials. The only time it accepted outside investment was in two funding rounds held to let employees sell some shares.

Atlassian has been profitable for the last ten years, growing at a solid pace. The company also spends very little on sales and marketing. Last year, it spent 21%, which was way more than it had been spending.

national & world

Obamacare individual marketplaces this year. The country’s largest health insurer stayed out a year to collect data and project trajectories, but Hemsley thinks another year of observing trends would have helped his company prepare.

UnitedHealth lost hundreds of millions of dollars this year on Obamacare, and analysts anticipate that total will grow to around half a billion by the end of next year. All other lines of UnitedHealth’s business are growing. Hemsley believes the marketplaces will be more sustainable, given time, but his company must now scale back to some degree, and is seriously considering not selling coverage in the marketplaces in 2017. “We did not believe it would form this slowly, be this porous, or become this severe,” he explained. Large insurers Anthem and Aetna also missed their margins.

Private Sector Pulling out of Healthcare

She Took the Road Less Traveled, And That Has Made All the Difference

minnetonka , mn

mountain view, ca

In light of losses, UnitedHealth Group CEO Stephen Hemsley said his company should not have entered the

23andMe CEO Anne Wojcicki avoided reading what the press had to say after the FDA ordered her personal genetics

COOLER DAYS WA r M E R N I G H T S THE GROTTO POOL

The Ramble Biltmore Forest, North Carolina

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Mark Dorsey Designs and Medallion Pool Company Asheville, North Carolina MedallionPool.com • 828-684-5381 January 2016 | capitalatplay.com 75

An investment in the future

national & world news

company to cease and desist providing data in a health context when health reports made up about half her business.

The regulator claimed she had been misrepresenting genetics tests as medical advice. Wojcicki spent the next ten days at home, in her pajamas, calling lawyers.

Her best advice came from Genentech’s regulatory team. They said she could sell the company or take the arduous road of working with the regulators to drive the change she wanted to see in the world.

She chose the latter, and in October of this year she relaunched her business.

She now offers 60 health reports, and others are slowly working their way through the approval process. Wojcicki analyzes DNA from saliva samples to, for example, identify risks for developing type 2 diabetes or certain types of cancers, or check for mutations or recessive traits.

One report relates alcohol, caffeine, and milk intake to muscle composition, as compared to persons with similar ages and genetic makeup.

With a passion for learning and teaching, our exceptional faculty leads by example and brings out your child’s personal bests.

The 47 Members of the Class of 2015: •

Included a United States Military Academy appointee, National Merit Commended Scholar, National Merit Semifinalist, National Merit Finalist, and National Achievement Boule Foundation Scholarship winner

•

Logged more than 4,000 hours of community service

•

Were accepted into 18 honors colleges/special programs

•

Were offered $4 million in academic and athletic merit scholarships

•

Are attending 30 different colleges in 16 states and two countries

THE BOTTOM LINE: Lifelong Value Carolina Day School inspires students to become innovative thinkers who communicate with intelligence and clarity, create with vision and purpose, and act with courage and compassion to confidently make a meaningful difference in the world.

76

| January 2016

Speaking Truth to Power new york, ny

The vast majority of the 350-odd editorial staffers working for the Huffington Post voted to unionize.

They signed union cards and formally requested management to recognize the Writers Guild of America, East as their representative. The guild describes unionization as essential for meaningful and sustainable employment. Huffington Post is the seventh digital media outlet whose workers voted to unionize this year, and its labor force is by far the largest. The other companies are Gawker Media, Vice, Salon.com, ThinkProgress, Al-Jazeera America, and The Guardian (United States edition). Until the recent wave, the Daily Beast was the only organization in the industry to unionize, and that was motivated by a short-term merger with Newsweek. Until recently, digital media outlets were like other

Join us on campus.

OPEN HOUSE tech companies, where labor unions are practically unheard-of. Huffington Post is operated by America Online, a division of Verizon Communications.

Bank Accounts for All washington, dc

The Obama administration has launched a new initiative to boost banking access for millions of Americans who don’t have checking or savings accounts. The Treasury Department is partnering with organizations like JP Morgan Chase & Company, PayPal Holdings, Incorporated, Coca-Cola, and the Gates Foundation to assemble grants and programs for reaching out to low-income and underserved populations in the United States and emerging countries. Problems the initiative seeks to solve include exclusion from financial products, volatility in household income following the 2008 recession, marketing of high-interest products like title and payday loans, and failure of individuals to save enough for retirement. Promoting the program, Treasury Secretary Jacob Lew indicated traditional conflation of qualifying barriers with risk aversion is logically flawed, as it is “financial exclusion that undermines the integrity of the entire financial sector.”

Everybody’s Doing It mountain view, ca

One didn’t need Google informatics to catch this one. Manik Gupta, formerly the director of product management for Google Maps, just quit to join Uber as director of its Maps production. He came swiftly after Brian McClendon, who used to oversee Google Maps, made the same move. Tom Fallows, former founder of Google Express is now an Uber executive, and Google’s former senior vice president for communications and policy, Rachel Whetsone, now bears the same title at Uber. Fallows announced at

a recent Strictly VC event that one-third of his colleagues used to work for Google; and information gathered from LinkedIn shows over 300 former Google employees (Xooglers) now work for Uber. After Google Ventures invested $250 million in Uber, Uber is replacing the Google Maps it once used with its own product, and the two companies are competitively developing speedy-delivery products and self-driving cars. Meanwhile, Google is recruiting developers for kites to be flown for energy generation.

For German Giants, It’s Old or New frankfurt, germany

RWE is going to bundle its renewable energy, power grid, and retail businesses into a new company to be put up for an initial public offering sometime next year. The company will continue its conventional power generation operations, which include nuclear plants. RWE intends to maintain at least a 51% stake in the subsidiary long-term, but the sale will give the company a cash infusion to help it maintain its credit rating.

The decision was a delayed response to German Chancellor Angela Merkel’s intentions, announced in 2011, to phase nuclear power out of the country by 2022. Competitor E.ON announced last year it would split, but it kept what RWE is selling. E.ON bundled its conventional power, trading, exploration, and production into a new company, Uniper, for spinoff. RWE’s stock fell 60% this year, whereas E.ON’s dropped 40%. Devaluations are attributed to depressed prices caused by a market crowded by investors taking advantage of government support for renewable energy development.

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January 2016 | capitalatplay.com 77

capital adventurist

FLYING INTO 78

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2016

At West A sheville’s Aerial Space, physical challenges not only foster self-esteem— they are gravit y-def ying f un, too. written by toni sherwood

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photos by anthony harden January 2016 | capitalatplay.com 79

capital adventurist

with the greatest of ease: De Leeuw

instructs a student on the trapeze 80

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I

t’s January. It’s cold outside. It’s dark by six o’clock. If that isn’t enough to deter you from getting back into shape, the monotony of an elliptical just might. If you’re looking for a new fun indoor activity to try, Aerial Space in West Asheville teaches classes in Trapeze, Lyra (Aerial Hoop), Silks, Aerial Yoga, Acro Yoga, and Aerial Dance.

Owner Blue De Leeuw and her business partner, Andrew Hartnagel, have carefully crafted an all-inclusive environment where anyone interested can learn aerial arts. Fun is a top priority, as the Aerial Space website suggests: “Everyone should be able to run away and join the circus… if only for an hour.”

“It was a huge goal of mine for [Aerial Space] to be a good healthy environment,” De Leeuw says.

De Leeuw spent many years performing with the San Francisco Ballet before discovering circus arts. Her viewpoint is that each body has its idiosyncrasies that can be utilized. “I have large hands and feet, which is not so useful in ballet, but very useful in circus arts,” she explains, “and plump bodies can be incredibly useful on a Lyra.”

One of her longtime students happens to be a 71-year-old gentleman. “He performed in our student showcase. I don’t think he can even touch his toes,” De Leeuw says.

Hartnagel’s training as a martial arts instructor, and later as a high ropes course director, gave him many of the tools he needed to teach Aerial Arts as its Education Director.

“The martial arts I studied as a kid included a lot of meditation and was non-competitive,” Hartnagel says. “And as a high ropes course director, I was used to being up in the air and talking to people who were afraid and trying to conquer their fears.”

Hartnagel flew to New England to study aerial arts because at the time, there were no professional programs in the Southeast.

“Andrew is not a performer,” De Leeuw says. “He comes at it from the point of view of improving people’s lives and creating a fun workout.”

De Leeuw brings the perspective and skill of a professional performer, including stints with San Francisco fire circus Uberlesque, Supperclub SF, Asheville Aerial Arts, the Aerial Angels, Air Born Aerial in Fayetteville, Waynesville’s BoHo Stage Show, and Asheville Vaudeville.

Flying Lessons The studio is located just off Leicester Highway, near the intersection with Patton Avenue. The space itself is bright with January 2016 | capitalatplay.com

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hardwood floors and soaring ceilings, and pipes have been rigged to support the colorful silks and trapezes. Several thick landing mats create stations for students to practice on. The studio is not huge, but classes are small, typically three to five students.

Hartnagel’s All-level Silks class is focused on honing technique, building strength, and reaching personal goals.

This individual sport requires the level of mental focus that yoga or rock climbing often can; one must strategize and adjust amidst challenging physical exertion.

De Leeuw and Hartnagel have carefully crafted an all-inclusive environment. As the website suggests, “Everyone should be able to run away and join the circus… if only for an hour.”

blue de leeuw

: Fletcher Town Hall

Close-fitting clothes work best since you may be upside down and you wouldn’t want to be blinded by your shirt.

Most students wear tights and t-shirts, or dancer-inspired clothing like shorts over tights. Clothes also serve as a protection at the beginning against rubbing one’s skin against the silks; the back of the knees and underarms are areas to protect. The class is done barefoot.

CASE STUDY

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The Town Manager of Fletcher, NC requested a bid to sign the front of the new town hall and install way-finding signs to direct visitors. Their budget was conservative and they wanted a classic look to complement the new architecture. Best of all, we completed the project 2 days before opening ceremonies.

CASE STUDY

COPYRIGHT: THIS DESIGN IS THE PROPERTY OF FASTSIGNS ® OR PURCHASER. ORIGINAL DESIGNS REMAIN THE PROPERTY OF FASTSIGNS ® UNLESS SPECIFICALLY STATED IN YOUR CONTRACT THAT YOU HAVE PURCHASED THEM. NON-CREATIVE WORKS PRODUCED UNDER CONTRACT ARE THE PROPERTY OF PURCHASER.

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Hartnagel is tall and muscular, not exactly the kind of man you picture spinning on silk ropes. “I started out on the double trapeze, because I’m a big guy,” Hartnagel explains, “but when you’re the ‘base’ you’re basically just an apparatus.”

Hartnagel found himself yearning to experiment with the silks. “The fabric offers far more possibilities.

It worked my brain a lot more,” he says.

Space To Fly Hartnagel stumbled onto the sport when he was walking one afternoon in 2008 and spotted some people practicing with a trampoline and trapeze outside in their backyard. They let him try it and he was hooked. Turns out some of them were Asheville Aerial Arts performers, a fledgling group at the time.

He soon met De Leeuw at the Jewish Community Center (JCC) where the group would practice indoors.

But renting at JCC was only available once a week.

And this is a sport that requires apparatus to be safely rigged, so it’s not easy to move around with it. What they really needed was a dedicated practice space to train in. Meanwhile, they continued to train outdoors, even into December.

“It was really hard to do aerial arts outside in December,” Hartnagel admits.

De Leeuw, for her part, had long been dreaming of a studio space where she could create the all-inclusive, non-competitive culture she envisioned.

The journey that eventually led her into the world of circus arts was not an easy one. As she puts it,

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“I barely escaped a career in the ballet.” Ballet is known to be an exacting discipline: hard on the body, plagued with eating disorders and burnout. De Leeuw’s experience was no exception.

From age ten to 18, De Leeuw studied with the San Francisco Ballet. She basically dropped out of school in sixth grade and admits she was obsessed with ballet. She lived as an emancipated minor on her own in San Francisco, supported by scholarships.

The intensely competitive environment was brutal, and although De Leeuw was up for an apprenticeship with the company, she says she “fell apart.”

Having devoted every waking moment to ballet, her life was completely out of balance. “It took me over in a very negative way,” De Leeuw admits. “I didn’t have a healthy wellrounded life; I didn’t go to school; I didn’t have friends.” Her all-encompassing devotion to the rigid world of professional ballet had left her depleted. After leaving the ballet, she struggled with depression and addiction as she tried to get her life together, finally earning a GED. During this period she started performing with a fire circus in San Francisco 84

| January 2016

and learning trapeze. The less structured environment combined with the physical challenge of circus arts was a boon to her spirit.

But eventually De Leeuw found that even the world of circus arts is not exempt from the same negative aspects.

There can be unhealthy competition, and the ego can get the body in trouble. Part of De Leeuw’s motivation to open Aerial Space was her determination not to have this destructive culture infuse her business.

“I’ve got to give credit to Blue,” Hartnagel says. “She was enough of an entrepreneur to say, ‘If this is going to happen, I’m going to have to make it happen.’”

Out of Body Although Hartnagel has been physically active all his life, he says at 38 years old he is in the best overall shape he has ever been in. “Aerial arts improve strength, flexibility, balance, endurance, and coordination,” Hartnagel says. “It promotes a mechanical harmony in the body.”

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Although students are pushing themselves, the environment at Aerial Space is enjoyable and encouraging. Everyone is able to participate at their own level while building the strength to advance. And it likely won’t get boring. “Like yoga there are so many advanced levels,” De Leeuw says. “You can never achieve it all.”

At times Hartnagel says he has reached a state of euphoria that he compares to a musician who, after much practice, finally reaches that place when he can play effortlessly, without looking at the keys. “It feels like that, but in your whole body,” Hartnagel says.

Hartnagel’s Silks class begins with simple warm up exercises and stretching. He creates a playful atmosphere where joking around is encouraged. After the warm-up, he checks in with each person to find out about any injuries or concerns.

As students prepare to begin working with the silks, they rub a pinch of natural pinesap into their palms for a better grip.

(Pinesap looks and feels like course yellow salt and makes your hands a bit sticky.)

De Leeuw demonstrates how the fabric must be correctly wrapped around one’s foot, sort of like a stirrup that helps keep you suspended. You step up into it, so both feet are off the ground. She then suggests hanging sideways with one arm,

“We make mistakes and make fools of ourselves every day,” De Leeuw says, of her colleagues and students, “and we praise each other for trying something new.”

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then hanging from the crook of an elbow, lifting a leg, or doing a little backbend. Just playing with different positions engages core muscles, and before you know it you are sweating and your heart is pounding.

But the idea of swinging on a trapeze or hanging upside down could be intimidating for some.

“Everyone has voices in their head telling them they can’t or shouldn’t do something: ‘I’m out of shape; I just had a baby; I’m overweight,’” De Leeuw says. “I get calls like that all the time. There are a million reasons not to get up and have fun.”

Sure, De Leeuw is a professional dancer. She is a performer.

This stuff is easy for her, right? Not so fast.

“I was rehearsing for a major touring show. We were testing the equipment that was going to pull me over and above the audience,” she explains. “The rigging failed and I fell 20 feet onto concrete. I was in a wheelchair for six months.” Since suffering this devastating accident four years ago, she has had numerous surgeries and now has permanent screws and metal plates in both feet.

She had a miraculous recovery, especially considering she was not expected to walk normally again. She has even performed since the accident.

Although De Leeuw admits she is basically retired now as a performer, this small-statured woman with the willowy dancer’s body and soft voice continues to practice the circus arts that changed her life for the better. “My body suffers when I don’t use it,” she says.

Fearless Flyers Trying something new and physically challenging often creates a huge sense of accomplishment. And this is an important part of the curriculum at Aerial Space: building self-esteem through personal achievements. There are classes for kids as well.

Although performing is not the focus, some students do go on to pursue further training and become professionals. “Waverly and Heather first took classes at Aerial Space just for fun,” De Leeuw says. “Now they are world class performers.” (Waverly Jones and Heather Poole both teach classes at Aerial Space and perform with Asheville Aerial Arts.)

“We make mistakes and make fools of ourselves every day,” De Leeuw says, of her colleagues and students, “and we praise each other for trying something new.”

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January 2016 | capitalatplay.com 87

People Play at

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1. Mr. Ray Ingersoll (volunteer) & Ms. Stuart Evans 2. L-R Ms. Linda Haynes, Emily Hodge, Osmani Aparicio (Clara & Nutcracker-Ballet Spartanburg), and Mr. Andy Haynes

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3. Monica Jones & Terry Ackerman 4. Ms. Gay Pleune & Ms. Marybeth Trunk (TFAC Board) 5. Mr. Timothy Brannon (TFAC Board President) with his mother, Ms. Isabel Child

6. Mr. & Mrs. James Walters (Janet) 7. L-R Ms. Connie Ingersoll (volunteer), Javier Graupera (Ballet Spartanburg), Ms. Mary Twitty (TFAC Board)

Tyron Fine Arts Center Holiday Ball December 5, 2015 | photos by AMW Studios

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8. L-R Mr. Rick Webel, Ms. Jean Pettigrew, Ms. Becky Barnes, Emily Hodge (Ballet Spartanburg), & Will Scott (Ballet Spartanburg) 9. Ann Morgan and her son-in-law, Warner Zipf

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10. Sherry Hutt & Guy Rouse 11. Bill Jenks 12. Ms. Cindy Riddle (TFAC Board) & Will Scott

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13. Mr. & Mrs. Jim Scott (Jean) 14. Senator & Mrs. Shane Martin

(Ballet Spartanburg)

January 2016 | capitalatplay.com 89

events

january 1

january

EVENTS

Run-In 2016 5k Run & Walk 11AM-4PM Cullowhee Recreation Center 88 Cullowhee Mountain Road, Cullowhee, NC It’s a race. The faster you go, the sooner you finish. Packet pickup begins at 9:30 AM. Children can run in a free, untimed half-mile event at 11:45AM.

january 1- 2

Winter Lights 6-10PM North Carolina Arboretum 100 Frederick Law Olmsted Way, Asheville, NC The trees, flowers, and even the air in the garden will still be wrapped in colorful lights for a nighttime stroll for just a few days into the new year. The displays are created with insights from Jerry Stripling, former designer and manager of holiday decorations at Walt Disney World. A light show synchronized with music will repeat every thirty minutes.

Tickets must be purchased in advance.

>Tickets: Adult $18, Child (5-11) $16, Infant (0-4) Free > 828-665-2492 > NCarboretum.org

> Registration: Race day $25, Advance $20

> 828-293-3053 > tourism.mountainlovers.com january 1- 2

Cherokee Lights & Legends Christmas 6-9PM Cherokee Indian Fairgrounds 545 Tsali Boulevard, Cherokee, NC Visitors are welcome to stroll about looking at the light displays and the 40-foot Christmas tree. For a nominal fee, guests may ice skate or play with a number of interactive exhibits for enhancing

appreciation of the Cherokee culture through legend.

> Admission: Free; Activities: $5-$7 > 828-359-6490 > visitcherokeeNC.com january 1- 3

Winter Wonderland 10AM-8PM Grove Arcade 1 Page Avenue, Asheville, NC All Christmas light displays are not alike; most of them are, but this one is truly beautiful. The skylighted concourses of the historic Grove Arcade are decorated in an exquisitely tasteful manner that sends one’s mind to Grand Central Station back in the day. One might even wish to patronize any of the arcade’s 35 shops.

> 828-252-7799 > grovearcade.com january 4 & 11

Winterfest Parade Puppet Workshop 3:30-5PM

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Blowing Rock Art & History Museum 159 Chestnut Street, Blowing Rock, NC Children six and older are invited to create a “wonderful puppet” in a two-day workshop and then let the puppet strut his stuff in the Blowing Rock Winterfest Snowflake parade. The large-scale puppets will be characters of each child’s choice from a folktale selected by the instructor. Preregistration is required.

> Registration: Nonmember $15, Member $10. > 828-295-9099

>Tickets: $15 > 828-254-1320 > ashevilletheatre.org january 8

Steep Canyon Rangers

> blowingrockmuseum.org january 8 -10 , Oleanna

a co-ed and her professor. It’s a tale of seduction, manipulation, and self-fulfilling prophecies and/or playing coy to dominate the innocent —or are these two reading too much into each other for a reason? You decide.

15 -17, 22 - 24

7:30PM (Fri & Sat), 2:30 (Sun) 35 Below, Asheville Community Theatre: 35 East Walnut Street, Asheville, NC Ever been in love and unsure what the other person thought about you? Has the shoe been on the other foot? Oleanna is an intense and thought-provoking two-character play by David Mamet. It explores intention, interpretation, and notions of certainty as a relationship or not-so relationship develops between

8PM The Orange Peel 101 Biltmore Avenue, Asheville, NC These guys are really good. Their talent and finesse work in and out of harmonious grooves as good bluegrass does.

The sound gets one to stand up and take notice, which, speaking from experience, is not convenient when driving. I first heard their sound on a local band program and couldn’t wait to get home to look them up on YouTube. Although they’re a local band, they now book 125150 gigs a year.

>Tickets: Door $27, Advance $25 > 828-398-1837 > theorangepeel.net

january 9

Gregg Allman 7:30PM Harrah’s Cherokee Casino 777 Casino Drive, Cherokee, NC Gregg Allman is a legendary classic Southern rocker, now inducted into the Rock and Roll Hall of Fame. The singer, keyboardist, and guitar player is a founding member of the ever famous Allman Brothers and a critically-acclaimed solo artist in his own right.

>Tickets: $34.50, $24.50, $19.50 > 828-497-8899 > ticketmaster.com january 10

Music & Wine Interlude 5:30PM Isis Restaurant And Music Hall, 743 Haywood Road, Asheville, NC As part of Pan Harmonia’s sixteenth season, flutist Kate Steinbeck and pianist Ivan Seng will interpret works by Claude Debussy, Germaine Tailleferre, Reynaldo Hahn, and others. The performers promise to deliver world-class, authentic chamber music. Pan Harmonia is a

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events

local, repertory company; Steinbeck, its founder and director.

>Tickets: Adult $15, Student $7.50 > 828-575-2737 > isisasheville.com/calendar january 13

ZOSO – The Ultimate Led Zeppelin Experience 9PM

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charming, Old-World ambiance of the historic Grove Park Inn with all its windswept views.

> Packages start at $209/couple/night. > 828-438-5800 > omnihotels.com january 15 - february Hilary Siber Art Exhibition

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8AM-3PM (Weekdays)

The Orange Peel 101 Biltmore Avenue, Asheville, NC

Sims Art Center, Brevard College 400 North Broad Street, Brevard, NC

It’s been a long time since you rock-androlled, so why not check out ZOSO, who could be the only tribute band that is a household word nationwide. They are judged by numerous high-profile critics to be the best Zep impersonators ever.

Musicians have been carefully selected to mirror Page, Plant, Bonham, and Jones in appearance, mannerism, sound, and playing style. In other words, the song remains the same. After 2400 shows over eighteen years of touring, these guys should have it down.

Siber’s paintings look as if one is viewing the world through neatly-shattered glass.

Her works on paper are more complex.

>Tickets: Door $15, Advance $12 > 828-398-1837 > theorangepeel.net january 16 -18

25th Annual Big Band & Swing Dance Weekend 4PM (Sat)-11AM (Mon) Omni Grove Park Inn 290 Macon Avenue, Asheville, NC This is the perfect getaway for that special Big Band lover. The main draw will be a Saturday night concert by the, rather THE, legendary Tommy Dorsey Orchestra. Another all-star act booked is Russ Wilson’s Art Deco Review.

Dance instruction and afternoon tea with like-minded aficionados are all part of the package. The only catch is you must book a couple nights in the

> Free > 828-884-8188 > brevard.edu january 17

Mediterranean Blues 3PM Oakley United Methodist Church 709 Fairview Road, Asheville, NC The music of outlier Renaissance and early Baroque composers Luis de Narvaez, Diego Ortiz, Nicolas Gombert, Étienne Moulinié, and Salamone Rossi will celebrate the depth and richness of Mediterranean Spain, France, and Italy.

Venezuelan soprano Salome Sandoval will be featured with her Renaissance guitar and accompanied by the Muses’ Consort, an ensemble on the bass, tenor, and treble viols of the viola da gamba family. The program is part of Pan Harmonia’s sixteenth season of bringing chamber music to the Asheville area.

>Tickets: Door $20, Advance $15, Student $5 > 828-254-7123 > panharmonia.org

january 19

Moon Taxi With The Lonely Biscuits 8PM Legends, Appalachian State University 190 Hardin Street, Boone, NC Moon Taxi is a band of five Nashville musicians. In nine years of playing together, the band has released two albums and appeared on a couple latenight television programs. Some of their best work has been music for television programs and commercials. The sound will be progressive/alternative and, by all accounts, incredible live.

Furniture V Fabrics V Drapery V Art V Interior Design Services

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$10 > 828-262-3032 > events.appstate.edu

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january 22

Jackson Browne 8PM US Cellular Center 87 Haywood Street, Asheville, NC Yes. This is the real Jackson Browne on a solo acoustic tour with his fourteenth album, Standing in the Breach. No introduction necessary.

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>Tickets: VIP $297.50; Standard $97.50, $67.50, $47.50 > 828-259-5736 > ticketmaster.com

january 22 - 23 Koresh Dance Company: Ev*O*Lu*Tion 8-10PM Diana Wortham Theatre 2 South Pack Square, Asheville, NC As the dance company’s website says, founder Roni Koresh quickly established an international reputation for highly-technical and emotionally-charged

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www.bealandco.net 5522 Willow Road, Hendersonville, NC January 2016 | capitalatplay.com 93

events

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>Tickets: Regular $42, Student $37, Child $20 > 828-257-4530 > dwtheatre.com

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This is the place to get your reptile some swell reptilian accoutrements and yourself some cool reptilian gear. Don’t have a reptile? You can get one here, too.

Seminars to open dialogue on things reptilian and frequent raffles will be sprinkled throughout the day. If nothing else, you can get a look at, and maybe pet, a lot of exotic animals. ReptiDay is Repticon all rolled into a single day.

> Admission: Adult $10, Child (5-12) $5, Infant (0-5) Free > 828-687-1414 > reptiday.com

january 24

Pam Tillis 3-5PM BAC Theatre, Western Carolina University: Cullowhee, NC

FALL INTO SPRING 2016!

NOW ACCEPTING NEW CLIENTS FOR SPRING 2016 PROJECTS! 1200-C Hendersonville Rd. Asheville, NC • 828-277-8041 • waterworkswnc.com 94

| January 2016

Th is show i n Wester n Carol i na University’s Galaxy of Stars series features top-caliber country star Pam Tillis.

Taking after her beloved dad, Mel, the artist has had six #1 hits and eight more songs that charted in the Top Five. She has sold over six million records and was awarded Female Vocalist of the Year at the 1994 Country Music Awards. Special

appreciation goes out to Tillis for filling in on short notice; Juice Newton had been booked for the timeslot until she suddenly announced her retirement.

>Tickets: Adult $21, Faculty/Staff $16, Student/Child $7 > 828-277-2479 > wcu.edu

january 24

Mini Matinee: Wonders & Woodwinds 2PM Blowing Rock Art & History Museum 159 Chestnut Street, Blowing Rock, NC Children of all ages can enjoy an introduction to classical music and instruments through engaging fairy tales and fables. Featured music will include the Mother Goose Suite by Maurice Ravel and Alyssa Reit’s music for fairy tales. Live music is compliments of the Hayes School of Music at Appalachian State University. Audience participation is part of the program.

> Admission: Family $10, Individual $8 > 828-295-9099x3006 > blowingrockmuseum.org january 22 - 24 & 29 - 31

Ordinary Days

Hendersonville Little Theatre 229 South Washington Street, Hendersonville, NC If you’ve spent any time in New York Planet (a.k.a. Long Island), you can appreciate the promotional line: A score of vibrant and memorable songs tells the story of four young New Yorkers whose lives intersect as they search for happiness, love, and cabs. It’s a musical comedy, if you couldn’t tell. I love New York!

>Tickets: Adult $24, Student (18-25) $18, Youth (0-17) $12 > 828-692-1082 > hendersonvilletheatre.org

january 27

Turchin Center Lecture Series: James Sturm 7PM Turchin Center For The Visual Arts 423 West King Street, Boone, NC Graphic novelist James Sturm will discuss the history of Vermont’s Center for Cartoon Studies. While attending the University of Wisconsin-Madison, Sturm cofounded The Onion. From there, he went on to teach art and design at the college level and write a number of comic strips, which included work on The Fantastic Four for Marvel Universe. The lecture will be followed by a book party celebrating comics made

by Appalachian State students.

New Year

New interior design!

> Free > 828-262-3017 > tcva.org

– february Jeeves Intervenes january 27

21

7:30PM (Wed-Sat), 2PM (Sun) NC Stage Company 15 Stage Lane, Asheville, NC Two lifelong chums try to save each other from predicaments; namely, marriage and a job in India. But they bungle so much, the butler must try to save them from themselves. The dialogue is described as snappy and full of sugar-coated insults.

>Tickets: $36, $24, $16 > 828-239-0263 > northcarolinastagecompany.com january 28 - 31

Blowing Rock Winterfest 10AM-9PM Downtown Blowing Rock 1094 Main Street, Blowing Rock, NC The event, which receives top ratings

From Concept to Reality...

Imagination has no Limits

312.618.4024 18 BROOK STREET SUITE 102, ASHEVILLE NC 28803 ROBERTALLANDESIGN.NET January 2016 | capitalatplay.com 95

events

Feather Your Nest

CONSIGNMENT SHOP

Specializing in upscale one-of-a-kind furnishings, housewares, home decorative items and vintage & fine jewelry.

New items arriving daily!

Come see for yourself!

Tuesday through Saturday | 10am to 4pm 1215A Greenville Hwy. Hendersonville, NC

from sundry tourism organizations, is advertised as fire meets ice. Fire will manifest in bonfires, marshmallow roasts, warm hospitality, and spices and heartburn from the Chilly Chili Cookoff. Ice will be present in the form of nasty cold mountain temperatures, ice carving, skiing, snowboarding, and the (Eek!) Polar Plunge. That’s where people show their machismo by diving into a pond in the middle of winter. If the weather’s just right, you can grow and melt icicles in your hair. Consult the website for a full list of activities.

> Admission: See website for perevent charges. > 828-295-7851 > blowingrockwinterfest.com

828.693.3535 Accepting Quality Consignments

january 29

Julius Caesar 7PM Schaefer Center For The Performing Arts, Valborg Theater 480 Howard Street, Boone, NC The American Shakespeare Center (ASC) presents Julius Caesar. The Virginia-based ASC strives to reproduce conditions of the Renaissance stage to better impart the layered messages of the Bard of Avon. Julius Caesar explores what unconscionable acts very human people will do to answer to their perceptions of social context. This play is good for those seeking an emotional roller coaster.

>Tickets: $20, $18, $10 > 800-841-2787 > theschaefercenter.org january 30

The Hot Sardines 8PM Diana Wortham Theatre 2 South Pack Square, Asheville, NC The band reproduces a pre-World War 96

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II sound and style with a charismatic frontwoman, a piano virtuoso, brass, woodwinds, strings, and its very own tap dancer. Selections run the jazz gamut from slow lounge sounds to crazy throwing-down. The group has received rave reviews from London and New York.

>Tickets: Regular $38, Student $33, Child $20 > 828-257-4530 > dwtheatre.com

january 30

Henry V

7PM Schaefer Center For The Performing Arts, Valborg Theater 480 Howard Street, Boone, NC The American Shakespeare Center presents a second Shakespearean masterpiece, Henry V. Shakespeare’s final history play explores what it means to be great. With a mix of extreme emotion, this play draws the audience into the story.

>Tickets: $20, $18, $10 > 800-841-2787 > theschaefercenter.org

If your organization has any local press releases for our briefs section, or events that you would like to see here, feel free to email us at events@capitalatplay.com.

Please submit your event by the first day of the month preceding your event.

ASHEVILLE: Historic Biltmore Village 9 ASHEVILLE: Kitchin Place Historic Biltmore Village 828-274-2630 9 Kitchin Place STORE HOURS: 828-274-2630 Mon.-Fri. 9:30am-7pm STORE HOURS: Sat. 9:30am-6pm Mon.-Fri. 9:30am-7pm Sun. 12pm-5pm Sat. 9:30am-6pm Sun. 12pm-5pm

January 2016 | capitalatplay.com 97

Kelly Davis

Steve Jennings

Jean Wauford

T. Jeff Covington

John A. York

Ragan H. Ward

Where to?

Wherever your financial journey takes you, the community bankers at Carolina Alliance Bank can help you find the way.

From Asheville’s art galleries to the apple orchards of Hendersonville, they know Western North Carolina, and with everything from commercial loans to mortgages, they’ve got the products you need to meet your goals.

Along with the experience to help you find the one that’s right for you and your situation.

So let us know where you’d like to go.

And together, we’ll find a way to get you there.

1127 Hendersonville Rd., Asheville, NC 28803 • 828-255-5711 218 North Main St., Hendersonville. NC 28792 • 828-233-0900 122 Cherokee Rd., Charlotte, NC 28207 • 980-321-5946 (Loan Production Office) Also in Spartanburg, Greenville, Anderson, Easley, Powdersville and Seneca

carolinaalliancebank.com

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John D. Kimberly

The new BMW 3 Series

bmwofasheville.com 828-681-9900

SPORT IS A PRINCIPLE, NOT A PACKAGE. THE NEW BMW 3 SERIES.

What separates one carmaker from another is the appreciation of the connection between man and machine.

At BMW, we engineer all of our vehicles with performance at the forefront. So in the new 3 Series, you’ll find Sport seats, enhanced suspension and steering for even more control of the road, and an 8-speed automatic STEPTRONIC transmission with paddle shifters, standard. Because if true sport performance isn’t given the highest consideration from the beginning, it’s an afterthought.

For special lease and finance offers available through BMW Financial Services, visit bmwusa.com.

BMW of Asheville | 649 New Airport Road | Fletcher, NC 28732 | 828-681-9900 | bmwofasheville.com

Experience the Difference. © 2016 BMW of North America, LLC. The BMW name, model names and logo are registered trademarks.

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Warm up this winter with a bowl of your favorite soup or chili. Ingles has everything you need to bring warmth, comfort, & savings to your table. We are proudly making it easier to bring farm to table! Visit our website for some great recipe ideas if you’re in the mood for something different, www.ingles-markets.com!

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