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Region Focus Magazine: An Industry Visionary And Community Cheerleader Defines the Future

    RICHMOND, Va., Feb. 9 /PRNewswire/ -- Jim Goodmon was fighting fatigue and
a cold. He had just flown back to Raleigh, N.C., from Colorado where he helped
pitch the Raleigh-Durham-Chapel Hill Triangle area as the site of the 2007 Pan
American Games. Even though San Antonio was chosen instead of the Triangle,
Goodmon was undeterred. The North Carolina contingency, he says, showed
initiative in planning and promoting the future. "What's important is that we
were working on something in 2007 and not for next week," says Goodmon,
president and chief executive officer of Capitol Broadcasting Co. Inc. in
Raleigh.
    Goodmon's grandfather, A. J. Fletcher, started the company in 1939 to
serve the community. Still family-owned, Goodmon has invested nearly $4
million to make Capitol's WRAL the country's first television station in 1996
to transmit television signals digitally. WRAL-HD uses high-definition
transmissions with flawless pictures and "surround" sound.
    In the winter edition of Region Focus, business reporter Betty Joyce Nash
profiles this community cheerleader and broadcasting maverick.
    Region Focus is a quarterly business magazine published by the Federal
Reserve Bank of Richmond. The publication provides readers with information on
and analysis of the economy and business activities of the District of
Columbia, Maryland, Virginia, most of West Virginia, North Carolina, and South
Carolina.
    For copies free of charge, contact the Bank's Public Affairs Division at
804.697.8111. The article abstracts are available at
http://www.rich.frb.org/regionfocus.


SOURCE Federal Reserve Bank of Richmond




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    CONTACT:
    Laura Fortunato, Executive Editor of Region
    Focus, 804-697-8196