Articles

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Regional Report Eastern July11

With international demand rising, N.C. Agriculture Commissioner Steve Troxler says it’s high time the ports at Morehead City and Wilmington exported more of the state’s farm products.

2011-07

Regional Report Triad July11

Lee Wyatt, 58, resigned as chief financial officer of Hanesbrands, saying he wants to pursue opportunities with turnaround or spin-off companies. The apparel maker appointed Dale Boyles, its controller and chief accounting officer, as interim CFO. In an unrelated matter, the company purchased Australian clothing distributor TNF Group for $9 million. It says the deal will expand sales of its Champion brand in Asia.

2011-07

Regional Report Triangle July11

As hostile takeovers go, WakeMed Health & Hospital Inc.’s $750 million bid to buy Raleigh rival Rex Healthcare Inc. wouldn’t raise eyebrows on Wall Street, but it’s shocking in the once genteel realm of Tar Heel health care.

2011-07

Regional Report Western July11

Publicity is integral in making a movie a hit.

2011-07

Duke Energy’s coal, coal heart

I don’t know how much I’ll like having Duke Energy Corp. as my power company.
2011-06

Out of order

Weststar Financial Services Corp. tried hard to put a happy face on Buddy Greenwood’s retirement as CEO of it and its lone subsidiary, Bank of Asheville.
2011-06

Soldier on

Thirty minutes, they said. “Get your combat gear and be on the airplane at Pope” — the Air Force base next door to Fort Bragg.
2011-06

The uniform commercial code

The night is hot, the beer cold, the neon bright. Rick’s Lounge, which anchors Hay Street — “Combat Alley” — in downtown Fayetteville, is packed.
2011-06

This business about the budget

Back in January, leaders of the new Republican majority in the General Assembly spoke of working in partnership with the Democratic governor.
2011-06

United we stand

At first glance, the proposed merger of FNB United Corp. and Bank of Granite Corp. looks like a bad match.
2011-06

Regional Report Charlotte June 2011

CHARLOTTE Connextions, which operates call centers for the health-care industry, wants to hire 1,200 employees, 800 of whom would go to a center the Orlando, Fla.-based company planned to open here in May. The rest will go to an existing call center in Concord, which now employs about 600. The jobs will pay $35,000 to $45,000 a year.

2011-06

Regional Report Eastern June 2011

PEMBROKESteven Roberts Original Desserts says it will open a 100,000-square-foot bakery here in July. The Denver-based company plans to employ 100 initially and add 200 within three years. It and its Ticklebelly Desserts subsidiary make sweets sold in restaurants and hotels.

2011-06

Regional Report Triad June 2011

STONEVILLEGerbing’s Heated Clothing will bring production of its apparel and blankets from China to a factory it is opening here in a former furniture factory. The Tumwater, Wash.-based apparel maker began hiring in May and says it will employ at least 150 by 2015.

2011-06

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.

2011-06

Regional Report Western June 2011

Volvo Construction Equipment North America LLC will cut 220 jobs — averaging $82,500 a year — from its Asheville sales and rental operations by September 2012.

2011-06

New cash crops from old seed

With a multibillion-dollar budget hole to fill, it’s no wonder that state lawmakers have looked past traditional sources of income.
2011-05

Pulling strings

Dustin Miller met his man in a cramped bathroom inside the El Paso, Texas, airport — two guys and a big guitar in one tiny stall.
2011-05

Regional Report Charlotte May 2011

Nexxus Lighting reached an agreement to sell its light-emitting-diode bulbs through Lowe’s.
2011-05

Regional Report Eastern May 2011

The North Carolina Global TransPark’s $39.7 million IOU to the state Escheat Fund underscores Benjamin Franklin’s axiom that those who go borrowing end up sorrowing.

2011-05

Regional Report Triad May 2011

Miller Brewing Co. tried in the ’80s and lost. So did developer-turned-reality television star Donald Trump in 2004.
2011-05