May 2015

Spring believer

Mebane-based Kingsdown can't rest on tradition alone as it battles mattress-industry goliaths.

Kingsdown

Hot and cold

ChannelAdvisor, CommScope and Cree overcome stock-market whims as they battle for tech-sector profit.

Technology

Hire purpose

Citrix Systems' downtown Raleigh digs were designed to attract top tech talent.

Citrix

Casting a wider net

Massive outdoor-gear stores fish for more Tar Heel trade, forcing smaller rivals to try new lures.

Statewide

Latest Blog Posts

Off the dole: NC pays back debt

By David Mildenberg - May 06, 2015 - 11:00:00 am

North Carolina erased its unemployment-insurance debt to the federal government, raising questions of equity in the process.

State plans $250M NC-focused fund

By David Mildenberg - Apr 22, 2015 - 11:00:00 am

State Treasurer Janet Cowell announced a second North Carolina Innovation Fund, with $250 million to be invested in North Carolina-centered companies.

Special Reports and Publications

NC's Best Golf Courses

For the eighth 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.

Biotechnology Round Table

North Carolina's biotechnology leaders look for ways to expand into the national biodefense sector.

Small Business of the Year

2015 marks the 20th year Business North Carolina magazine will select a Small Business of the Year to honor the contributions these companies make to our state’s economy.

The Best of Health

Business North Carolina's annual ranking of the top Tar Heel hospitals, plus patient picks and other popular rankings.

2015 Best Employers in North Carolina

The state's best employers have many bright ideas to show they appreciate their workers.

Daily Digest

Sausage plant to create 177 jobs in Clinton

(The Fayetteville Observer)

In a joint venture with Smithfield Foods, Kansas City Sausage will open a 90,000-square-foot plant in Sampson County and plans to create 177 jobs. Construction is expected to begin immediately and will be completed by June 2016.

Reynolds-Lorillard merger gains FTC approval

(Winston-Salem Journal)

The Federal Trade Commission has approved the $27 million deal in which Reynolds American would acquire rival cigarette-maker Lorillard. The companies are still awaiting federal approval to sell five brands to Imperial Tobacco Group for $7.1 billion.

Yadkin County looks for state help to re-open shuttered hospital

(Winston-Salem Journal)

Yadkin County commissioners are seeking state help in reopening Yadkin Valley Community Hospital, which closed abruptly Friday. The county and HMC/CAH Consolidated, which operates the 20-bed hospital, failed to negotiate a lease extension.

Bidding war continues for Stonewall site in uptown Charlotte

(The Charlotte Observer)

A third developer has submitted a bid for a 3.8-acre parcel on Stonewall Street in uptown Charlotte. Local apartment developer Northwood Ravin is offering $14.15 million for the land, where it plans to build up to 50,000 square feet of retail and offices and 400 residential units.
Related: Charlotte Knights planning mixed-use office building at ballpark

NC begins exploratory drilling for shale gas

(The News & Observer, Raleigh)

North Carolina will begin drilling Wednesday to determine shale-gas potential at three sites in the eastern part of the state. Drilling, which could last two to five days, will take place in Cumberland, Johnston and Scotland counties.

UNC Chapel Hill waits to release NCAA findings

(The News & Observer, Raleigh)

UNC Chapel Hill officials have received the results of an NCAA investigation into academic fraud at the university, but the findings will not be made public until a thorough review of the documents has been performed.

NC House passes $21B budget

(The News & Observer, Raleigh)

The N.C. House approved a $21 billion state budget plan by a vote of 93-23. The budget proposal, which will now move on the the Senate for consideration, would increase funding for education, including teacher raises, and restore a deduction for medical expenses on state income taxes. Last-minute changes included reducing a credit for film productions from $60 million to $40 million per year and eliminating a credit for companies that hire state universities for R&D work.

Judge halts fracking permits

(The News & Observer, Raleigh)

A Wake County judge stopped the N.C. Mining and Energy Commission from issuing drilling permits for fracking until a lawsuit between Gov. Pat McCrory and General Assembly leaders is resolved.
Related: Exploratory drilling for oil and natural gas could start as soon as next week

View All Events>>

Events

Marketplace 2015

When: May 27

Where: Durham

Learn how to sell your goods or services to federal, state and local governments.

Sponsored by the SBTDC

 

BNC Pulse

Poll N.C. Rep Charles Jeter filed a bill that proposes replacing a statue of former Gov. Charles B. Aycock with one of Billy Graham at the U.S. Capitol. Do you support the proposal?  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.