Martha and Spencer Love
After consulting
with readers and scholars, Business North Carolina published
a list of the 20 most-influential business figures in the
history of North Carolina. The individuals selected were
tagged the titans of 20th-century Tar Heel
business. James Spencer Love was ranked first on the
list. Quoting from the March 1999 issue of Business North
Carolina: Love was
responsible for
"an unparalleled textile corporation in the creation of
Burlington Industries." While others continued to rely
on commission houses to move their merchandise, Love opened
his own New York sales office to create a brand that both the
domestic and international markets would demand. He was a
fierce competitor, taking awesome risks, diversifying,
investing heavily in new technology and new methods to make
his mills more efficient and productive -- all to keep a
half-step ahead of a pack in a business that was constantly
changing.
Martha Love provided a partnership with Spencer that greatly
influenced the success of Burlington Industries. The faculty
and students of the Martha and Spencer Love School of
Business are continuing to strive to further the rich legacy
provided by Martha and Spencer Love.