December 2015

Hamner time

A deal junkie with an academic pedigree, Clay Hamner is carving a slice of the gourmet-food business.

Clay Hamner

High rise

Fred Klein emerged as a dominant Charlotte developer without calling attention to himself or his partnership team.

Fred Klein

Hot cider

With a new take on an ancient beverage, two Asheville friends brew up a business in North Carolina's apple country.

Noble Cider

Role tide

North Carolina's fastest-growing burg, sitting in the path of Raleigh's sprawl, hopes to retain a bit of its small-town charm.

Town Square

Latest Blog Posts

The right way to leave political office

David Mildenberg - Dec 01, 2015 - 5:45:00 pm

New York's most influential state lawmaker was convicted of seven counts of federal fraud. Two key North Carolina lawmakers are retiring voluntarily. Advantage, North Carolina.

More North Carolina colleges getting on clean-energy bandwagon

Press release - Dec 01, 2015 - 4:50:00 pm

More North Carolina colleges and universities are offering clean energy courses, according to an E4 Carolinas study.

Special Reports and Publications

North Carolina's Best Doctors

A list of the state's top-rated physicians in 31 specialties, selected by peers in an independent survey.

Meeting and Tourism Round Table

Meetings, conventions and tourism create jobs, tax revenue and economic-development opportunities in North Carolina.

Cybersecurity Round Table: Digital disasters

Business North Carolina gathered a panel of cybersecurity experts to discuss how to recognize threats, protect data and react to a breach.

North Carolina Mid-Market Fast 40

Our annual list of the fastest-growing middle-market companies in the state.

Charlotte Region Round Table: Future focused

The Charlotte region is banking its past successes and looking toward the future by developing leadership and industries.

Daily Digest

Premier Research adding 260 jobs in Durham

(The News & Observer, Raleigh)

Premier Research will add 260 jobs with an average annual salary of $73,296 in an expansion of its Durham office. The Philadelphia-based company runs clinical trials for drug companies and currently employs 62 people in Durham. Premier could receive up to $2.58 million in state incentives.

Businesses put out welcome mat for some hackers

(The Charlotte Observer)

North Carolina businesses including Bank of America, Lowe's Cos. and Ally Financial are hiring more "ethical hackers" to help find holes in cyber defenses. Hiring websites are full of ads seeking people with necessary computer skills that can deter not-so-ethical hackers.

Read more here:

Atlanta developer firming up plans for SouthPark-area project

(The Charlotte Observer)

Atlanta-based Reynolds Development & Management Group is considering a mixed-use project involving a retirement center, housing and retail at a 10.6-acre undeveloped site near Charlotte's SouthPark mall, property records show. Reynolds paid $16.5 million for the site in 2008, buying it from Lincoln Harris, according to a filing. Engineering and architecture firm Benesch is working on the project.

Read more here:

Charlotte's Carolina Premier raises $8 million to pay back feds

(The Charlotte Observer)

Carolina Premier Bank, based in Charlotte, raised about $8 million in a private stock offering with plans to use proceeds to pay off $6.2 million of preferred shares held by the U.S. Treasury. The company participated in a 2010 federal program that put money into participating community banks, aiding their lending to small businesses. The bank sold 1.2 million shares at $7 each. CEO David Barksdale is former chief strategy officer at NewBridge Bancorp of Greensboro.

Influential state senator won't run again in 2016

(The News and Observer of Raleigh)

Sen. Tom Apodaca, a Hendersonville Republican, won't run for an eighth term. He has been chairman of the Senate Rules Committee, overseeing much of the legislation considered by state lawmakers. His decision follows a similar retirement plan of Sen. Bob Rucho, a Matthews Republican. Senate Pro Tem Phil Berger praised Apodaca and called him one of his best friends.

Read more here:

State wants a sponsor for Asheville-Salisbury bus service

(Asheville Citizen-Times)

State government hopes to lure a sponsor to fund bus service between Asheville and the passenger rail station in Salisbury. Service for a statewide rail plan is scheduled to start in 2018 under state Board of Transportation plans. Officials want to promote passenger rail as the state improves tracks between Charlotte and Raleigh. Asheville businesses see the bus service as a potential boost to tourism.

Clean energy debate expected to return

(The News & Observer, Raleigh)

Though recent efforts to get rid of the state's renewable energy portfolio law failed, state Rep. Mike Hager and others plan to revive the issue in next year's legislative short session. The law mandates that utilities produce increasing amounts of energy from renewable sources through 2021.
Related: Federal, state battle over emissions could impact the NC coast

Dale Folwell resigns as head of employment security

(The News & Observer, Raleigh)

Dale Folwell, assistant secretary of the state Department of Employment Security, will step down Dec. 1. During his tenure, the state paid off $2.8 billion in debt to the federal government, and the state's unemployment trust fund reserve was restored to more than $1 billion. Folwell is considering a run for state treasurer.

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BNC Pulse

Poll: Party time A new survey shows 30% of companies are ditching office holiday parties this year, the largest percentage since 2009. Are year-end office parties a good idea?  Yes  No

N.C. Family Business of the Year Winners