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Regional Report Triad December 2011

“We’ve been growing throughout the whole downturn.”— Daryl Bible, chief financial officer of Winston-Salem-based BB&T Corp., after the bank agreed to acquire BankAtlantic in November. Bible was referring to BB&T’s deposits minus CD accounts, which have fallen off since the recession started in December 2007. But its expansion has come with a price: Its 2009 acquisition of failed Colonial Bank forced it to write off millions of the bank’s nonperforming assets a year later.

30 that count

The host of public television’s Carolina Business Review selects the key figures influencing the Tar Heel economy.

Regional Report Triangle October 2011

DURHAMMetabolon, which tests medicines and other products for drug companies and universities, raised $13.1 million in venture capital. It plans to expand its business and add 20 employees to its 105-person workforce by the end of this year.


Regional Report Triangle June 2011

RESEARCH TRIANGLE PARK — Victoria Haynes plans to retire as CEO of Research Triangle Institute, a nonprofit research center that operates as RTI International. Haynes, 63, will step down once a successor is found. She has led the institute for 12 years. Its workforce has nearly doubled under her leadership to 2,800, which includes 2,200 at RTP.


A nicotinic fit

The downward spiral started, coincidentally, on Sept. 15, 2008, the day Lehman Brothers filed for bankruptcy protection and the U.S. economy started slipping on the sloppy mess left by risk without responsibility.


Regional Report Triad April 2010

Mac Williams admits it grudgingly — after being prodded a few times. Yes, the president of the Alamance County Area Chamber of Commerce concedes, it hurt when Burlington-based Laboratory Corporation of America Holdings decided to put a billing center in Greensboro.


Regional Report Triad December 2009

Fall has been a season of rising fortunes for Targacept Inc. In October, the Winston-Salem-based drug developer netted $44.4 million in less than 24 hours by selling 2.2 million shares of stock.


Regional Report Triangle December 2009

Until Talecris Biotherapeutics Holdings Corp. broke the ice in October, no Triangle company had gone public in more than two years.


Legal Elite - Intellectual property

2009 Legal Elite winner: Intellectual Property - David M. Carter, Carter & Schnedler PA, Asheville

Bob Peele

For 10 years, Bob Peele, 45, has overseen operations at Wanchese Seafood Industrial Park, a 60-acre site that opened in 1981.

David Green

David Green moved to Durham from his native Pittsburgh when he was 12. He graduated from Davidson College in 1976 with a bachelor’s in biology and earned a master’s from East Carolina University in 1980 and a Ph.D. from N.C. State six years later.

Regional Report Triangle December 2008

In the 1950s, state government and business leaders feared that too many of North Carolina’s best and brightest were leaving for jobs in other states, which helped keep per capita income among the nation’s lowest. As the decade came to a close, they established Research Triangle Park near Durham, hoping to use the attraction of nearby major universities to lure companies with the kind of jobs that could plug the brain drain.

On a need-to-know basis

There’s a fellow living near Butner, where the federal government is considering building a germ-defense lab, who is prone to dress in a white suit and red cape with a large BS emblazoned on his chest. He’s Bio-Safety Man,and he must be a scary dude. Or at least a very persuasive one. Why else would more than a quarter-million dollars of public money have been temporarily earmarked to overcome his opposition to the lab?

NCCCS BioNetwork

No CEO or plant manager can deny enjoying hearing the words, “Yes, we can,” from employees. The same is true for life-sciences industry calls for training and other help from the professionals at the N.C. Community College System’s BioNetwork. Many of BioNetwork’s staff are industry veterans whose can-do attitude toward the challenges faced by life-sciences companies continues to garner statewide and national attention.

University researchers target projects to meet industry needs

Charlotte Research Institute uses its strengths in eBusiness technology,
precision metrology, life sciences and optoelectronics to boost the region.

Frank Torti

In May, Torti, 60, departed Winston-Salem and his job as director of the Comprehensive Cancer Center at Wake Forest University Baptist Medical Center for the Washington, D.C., suburbs to take up a new position at the FDA. An experienced clinical researcher specializing in urologic oncology, he will oversee research efforts and launch a fellowship program created, like his job, by the FDA Amendments Act of 2007.

Martin Posey

Martin Posey, chairman of the Department of Biology and Marine Biology at UNC Wilmington, is among a handful of scientists working to restore the Tar Heel oyster population, estimated to be 5% to 10% of what it was in the early 1900s.

Oliver Smithies

The call came early in the morning — 4:45, to be exact — but for Oliver Smithies, it wasn’t a minute too soon. For years, colleagues had told the UNC professor he was up for the Nobel Prize in medicine for his ground-breaking research in genetics, but as the years went by with no word from Sweden, he learned to ignore the rumors. When the call finally came last October, it was “a feeling of relief as much as anything else. A feeling of, well, that’s good. That’s finished.”

Stan Eskridge

When Stan Eskridge wanted to help Tom Fischer make an inexpensive bandage that quickly stops bleeding, he turned to his connections. “You can’t be a North Carolina native and not know somebody in the textile industry,” Eskridge, 65, says. His friends helped find the materials to develop Stasilon, a bandage woven from bamboo yarn and glass filament, approved for use by the U.S. Food and Drug Administration in September.

Biotechnology wants a lead role

After years of preparing a work force and other infrastructure, the industry is ready to take a star turn in the state's economy.