December 2014

Changing channels

Jim Goodmon gets ready to turn Capitol Broadcasting over to his sons.

Jim Goodmon

Brew Ha-Ha

Highland Brewing, our 2014 Small Business of the Year, attracts so much competition that it has to grow bigger to stay viable.

Brew Ha-Ha

Victory and the feet

These boots are made for walking, but McRae Industries won't retreat from Montgomery County anytime soon.

McRae Industries

The state's best doctors

Tar Heel doctors pick peers they consider to be the best physicians practicing in 32 medical specialties.

Best Doctors

Latest Blog Posts

Brunswick Co. builder named chair of ports board

By David Mildenberg - Dec 11, 2014 - 5:15:00 pm

Tom Adams, a Brunswick County building contractor, was named chairman of the North Carolina State Ports Authority board of directors.

Pantry gains as oil slides

By David Mildenberg - Dec 10, 2014 - 5:10:00 pm

Lower gas prices are great news for drivers and investors in convenience-store operator The Pantry, which gained 4.4% in Wednesday trading.

Special Reports and Publications

North Carolina Economic Development Guide

The established source for of information for businesses considering expansion or relocation here. Includes economic data for each county, a conversation with Commerce Secretary Sharon Decker and case studies of businesses who have found success here.

Manufacturing Round Table

Textile and furniture mills turned poor Tar Heel tobacco laborers into middle-class earners. Now that many of those jobs have been shipped overseas, it's time to examine the future of the industry in NC.

North Carolina Higher Education Directory

A comprehensive guide to higher education in the state, with information about North Carolina's public and private colleges, universities and community colleges.

Focus on Guilford County

Companies can't help but notice the abundance of assets in Guilford County.

Top 75 Public Companies

Investors show an appetite for companies on our list of the Top 75 publicly traded based in North Carolina.

Daily Digest

Pantry stock soars amid rumors of sale

(The Charlotte Observer)

Shares of The Pantry rose 23% on Wednesday following a Wall Street Journal report that the company was close to being sold. The Cary-based company operates about 1,500 convenience stores in thirteen states, mostly under the Kangaroo Express brand. The Pantry reported fourth-quarter profits of $15.4 million, compared with $1.4 million for the same period a year ago.

RTP to unveil redevelopment site plan Jan. 15

(WRAL TechWire)

The Research Triangle Park Foundation will unveil the first phase of its 100-acre redevelopment project it says could eventually create 100,000 jobs. RTP describes "The Frontier" as " the Triangle's newest meeting spot for those looking for a place to plug in, or a new office location."

Morgan stepping down as executive chairman of Krispy Kreme

(Winston-Salem Journal)

Jim Morgan will remain chairman of Winston-Salem-based Krispy Kreme Doughnuts, though in a non-executive role as of Jan. 29. He was chief executive of the Winston-Salem-based company from January 2008 until June 2014, when Tony Thompson became CEO and president (Statewide, December).

Charlotte-based Dynacast sold for $1.1 billion

(The Charlotte Observer)

A Swiss investment-management firm will buy Charlotte-based Dynacast International for $1.1 billion. Dynacast makes metal components for small electronic devices such as car key fobs and operates 23 manufacturing plants in 16 countries.

Report: Medicaid expansion could lower NC unemployment rate

(WRAL.com)

A new report shows expanding Medicaid in North Carolina would create 43,000 jobs over five years. If Medicaid is not expanded by 2016, Mecklenburg and Wake counties each would create about 4,500 fewer jobs by 2020, according to the report from George Washington University.

Review panel approves fracking rules

(The News & Observer, Raleigh)

The Rules Review Commission approved proposed safety standards for fracking, the practice of horizontal drilling for natural gas. The rules will now go before the state legislature when it convenes in January.

McCrory slams AP report on stock payout

(The News & Observer, Raleigh)

Gov. Pat McCrory denounced an Associated Press report that revealed he received a six-figure stock payout from Tree.com, the Charlotte-based online lender where McCrory served as a director prior to becoming governor. McCrory said the story was "misleading" and "riddled with factual errors."

AP probe shows McCrory took stock payouts from online lender

(The News & Observer, Raleigh)

An Associated Press investigation reveals that Gov. Pat McCrory and U.S. Rep. Mark Sanford of South Carolina accepted six-figure stock payouts from Charlotte-based online lender Tree.com shortly after taking office. McCrory and Sanford were directors at the parent company of Lending Tree, and both resigned after being elected to public office. 

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Events

Outlook for IT

North Carolina Technology Association annual event will feature a tech expo.

When: January 30, 2015

Where: Hilton Charlotte Center City

BNC Pulse

Poll: Rehab tax credits Should North Carolina restore historic-preservation tax credits for aging mills, factories and other structures?  Yes  No

N.C. Family Business of the Year Winners

Schiffman's Jeweler's, K&W Cafeterias, Rose Chauffeured Transportation and Carolina Management Team have been recognized by the Wake Forest University Family Business Center and Business North Carolina with the 2014 North Carolina Family Business of the Year Awards.