Business

Former Food Lion CEO to lead The Fresh Market

September 4, 2015

(News & Record, Greensboro)

The Fresh Market named Richard "Rick" Anicetti president and CEO. Anicetti previously worked for Hannaford Brothers and Food Lion, where he was president and CEO for eight years. He replaces Craig Carlock, who left in January after six years as CEO. The Greensboro-based grocery chain has more than 160 stores in 27 states.

200 layoffs expected as Cornelius racing company closes

September 4, 2015

(The Charlotte Observer)

Michael Waltrip Racing will cease operations by April 15 and 217 workers will lose their jobs, according to a notice filed with the N.C. Commerce Department. The company, owned by Charlotte businessman Rob Kauffman, hasn't won a race in more than two years.

BB&T reaches settlement with NFL players

September 4, 2015

(Winston-Salem Journal)

BB&T has reached a settlement with 16 former and current NFL players over transactions made with BankAtlantic, a Florida bank BB&T acquired in July 2012. The lawsuit involved a special division of BankAtlantic that catered to athletes. The players claimed Pro Sports Financial opened accounts in their names using forged signatures and withdrew nearly $53 million without their knowledge or permission.

Salisbury launches 10-gigabit Internet service

September 4, 2015

(The Charlotte Observer)

Salisbury unveiled a 10-gigabit, municipal Internet service that will be available citywide, beginning with Catawba College. The college plans to enhance computer labs and add high-speed video conferencing throughout the campus.

FedEx distribution center coming to Wilmington

September 4, 2015

(Greater Wilmington Business Journal)

A new, 215,000-square-foot FedEx Ground distribution warehouse is expected to open in the Port City by early 2016. Setzer Properties paid more than $1.8 million for 25 acres of industrial property. The Kentucky-based real-estate development company also plans to build a FedEx warehouse in Asheville.

SAS adding 80 acres in Cary

September 4, 2015

(WRAL TechWire)

SAS Institute will acquire more than 80 acres of land valued at $11.66 million through an exchange with N.C. State University. The land is currently used by the university for agricultural research. The Cary-based software company has no immediate plans for the property.

Crescent withdraws plans for major NoDa development

September 4, 2015

(The Charlotte Observer)

Charlotte real-estate developer Crescent Communities has withdrawn plans for a mixed-use development that would have included up to 450 residential units in NoDa. The 25-acre site is near a planned light-rail station northeast of downtown Charlotte.

NC ranked among top 5 states for new clean-energy jobs

September 4, 2015

(WRAL TechWire)

North Carolina added 700 clean-energy jobs in the second quarter, according to a report from Environmental Entrepreneurs, a nonpartisan environmental advocacy group. Texas led the nation with 2,164 new jobs in the sector, which includes renewables such as wind and solar, energy efficiency and smart transportation.

Jeld-Wen acquires Australian company ahead of IPO

September 3, 2015

(The Charlotte Observer)

Jeld-Wen will acquire Aneeta Window Systems, an Australian company, for an undisclosed amount. The door- and window-maker, which recently moved its headquarters from Oregon to Charlotte, said last month it was buying a Norwegian wooden-door manufacturer. The Wall Street Journal reported in August that Jeld-Wen is preparing for an initial public offering that could value the company at $4 billion.

BofA moving downtown Raleigh workers to North Hills

September 3, 2015

(The News & Observer, Raleigh)

Bank of America will lease 57,000 square feet of a new 18-story office tower in Raleigh's North Hills. The 300,000-square-foot building, which will be called Bank of America Tower, is being developed by Kane Realty and KBS Realty Advisors and is expected to open in the first quarter of 2016.