Born to simple and humble parents, Peter Loftin, right from his childhood and youth, had been reflecting brilliance, ambitiousness and determination. He had burning desires for doing something extra-ordinary for society and country and be remembered in the world.
He had profound love for helping needy especially the deprived children. He began his charity programs popularly known as ‘Coats for kids’ at the age 20 years. Under this program, he used to collect and distribute warm cloths and coats to the ones in need.
He began his career from back room of his house with small portable telephones. No one knew at that time that one day his will be among the largest telecommunication companies of the United States.
Formation of Business Telecom, Inc. (BTI)
In 1983, at the age of 25 years, as a telecom entrepreneur, Peter Loftin founded Raleigh; NC based Business Telecom, Inc. (BTI).
With his remarkable entrepreneur and business acumen, he went on to build it up to a multimillion-dollar company. His highly successful telecom venture eventually merged with Deltacom and BTI was ranked among top fifteen telecommunications companies of America.
His endeavors were appropriately rewarded by Business North Carolina Magazine in 2005 that named him “North Carolina Entrepreneur of the Year”.
Bardstown Bourbon Company
In 2016, Peter Loftin started the largest new whiskey distillery in the United States of America which is one of its kinds.
He was made Chairman of Bardstown Bourbon Company which is not only unique but Kentucky’s first new bourbon company of collaborative whiskey. Initiating a new trend, he instituted constellation brands partnership and served as Chairman of board. He was instrumental in recent constellation brands partnership.
With constellation brands, Bardstown Bourbon Company has great plans for launching newer brand to create increased long term supply of Kentucky whiskey, bourbon and rye.
Bardstown Bourbon Company has planned to open up campus for public, educational centre, event space, whiskey library and bar for distillery visitors.
Act of charities
Despite huge success, Peter Loftin never let his love for charity to get diminished. On the contrary, spirits for charities increased further many fold.
With the growth of his telecom Business Empire, wealth and popularity, he donated substantial amounts to Raleigh’s Performing Arts Center for another 20 years.
On humanitarian grounds he provided free Internet services to all the disabled in rural schools throughout North Carolina.
Due to his benevolent act, NCEITA, the North Carolina Electronics and Information Technologies Association, awarded him the “Corporate Citizen of the Year Award”.
Considering his generous charities he commanded genuine respect and earned recognition from people and Government of United States.
He served on the national board of governors of American Red Cross, Washington DC.
He was also an important member of advisory board of Duke Heart Centre at Duke University Medical Center and American Lung Association.
He is a major fund contributor and on Board of Directors of North Carolina National Science Centre for kids.
His inclusion among the Board of Directors of the Greater Raleigh Chamber of Commerce and on Council for Entrepreneurial Development (CED) speaks volumes of respect commanded by him.