May 2013

Let the sun shine

Industry insiders fear it will set on the subsidy that makes solar such a bright spot in a dreary economy.

Cover Story

Behind the checkout counter

The Fresh Market’s slip in same-store sales won’t spoil the grocer’s expansion plans.

Fresh Market grows

Going public comes back to life science

No life-science company in the Triangle completed an initial public offering last year, but three have gone public in 2013.

Triangle IPOs

Going with the grains

Hamlin Casting is the most productive U.S. foundry that makes money molding melted metal with sand.

Photo feature

NC Trend

N.C. Employment

North Carolina's 9.4% unemployment rate in February continued to eclipse the nation.

N.C. Employment

Special Reports and Publications

N.C. Mid-Market Fast 40

A listing of some of the fastest-growing middle-market companies in the state. 2013 Nominations now being accepted.

Small Business of the Year

2013 marks the 18th year Business North Carolina magazine will choose a Small Business of the Year to honor the contributions small businesses make to our state’s economy.

NC's Best Golf Courses

For the sixth consecutive year, the North Carolina Golf Panel is proud to partner with Business North Carolina in publishing rankings of the best golf courses in what we believe is the best state for golf.

The Legal Elite

Since 2002, Business North Carolina magazine has honored Tar Heel lawyers by publishing Business North Carolina's Legal Elite, a listing of the state's top lawyers in business-related categories.

North Carolina Economic Development Guide

The established source for of information for businesses considering expansion or relocation to North Carolina.

Daily Digest

Lowe's CEO: Company will give employees more hours, increase inventory

(The Charlotte Observer)

Robert Niblock, CEO of Mooresville-based Lowe's, said the home-improvement store chain will add more employee hours and increase inventory of high-selling items after cutting back too much during the recession. The retailer reported lower sales during the first quarter even though its profit rose.

MedWest health system weighs its future

(Smoky Mountain Times)

MedWest health system, a collection of three hospitals in Haywood, Jackson and Swain counties, is exploring a possible sale to a larger health system as it seeks a cash infusion to shore up its struggling balance sheet.

RTP office park up for auction

(The News & Observer, Raleigh)

GE Asset Management will auction off its 70-acre office park within Research Triangle Park next month. It originally paid $65 million for the site, which is now only 10% leased, but is considered key in redevelopment efforts for RTP.

Wilmington tourism officials predict strong holiday weekend

(StarNews, Wilmington)

A stabilizing economy and a good weather forecast have Wilmington tourism officials optimistic about the Memorial Day weekend, with a number of hotels already fully booked.

Foxx sails through hearing in Senate committee

(The Charlotte Observer)

Charlotte Mayor Anthony Foxx faced a receptive audience and easy questions in an appearance before the U.S. Senate’s Commerce, Science and Transportation Committee as he seeks confirmation as the next secretary of the federal Department of Transportation.


Read more here: http://www.charlotteobserver.com/2013/05/22/4056800/senators-burr-hagan-introduce.html#storylink=cpy

Mooresville lawmaker airs fight with N.C. House speaker

(The Charlotte Observer)

State Rep. Bill Brawley, a Republican from Mooresville, took public a list of grievances with N.C. House Speaker Thom Tillis and resigned as co-chairman of the powerful House Finance Committee.

Foxx confirmation hearings to begin Wednesday

(The Charlotte Observer)

The Senate’s Commerce, Science and Transportation Committee will question Charlotte Mayor Anthony Foxx on Wednesday as part of his bid to become the next chief of the federal Department of Transportation.


Read more here: http://www.charlotteobserver.com/2013/05/21/4054951/foxx-confirmation-hearing-set.html#storylink=cpy

Charlotte

New Hanover commissioners remove member from board

(StarNews, Wilmington)

New Hanover County Board of Commissioners voted to remove commissioner Brian Berger from his post, the first time an amotion hearing has been used successfully to remove an elected official in North Carolina in nearly 100 years. Other commissioners cited threatening texts and emails to staff as well as his poor attendance record and legal troubles in their decision.

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Events

NCEDA 2013 Annual Conference

Tuesday, June 25, 2013 - Thursday, June 27, 2013
Holiday Inn Resort; Wrightsville Beach, NC

BNC Pulse

Weekly poll Should the state commerce department take over job recruitment for rural economic-development partnerships?  Yes  No  Unsure

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