Business

State unemployment rate falls below national average

March 31, 2014

(Asheville Citizen-Times)

The N.C. unemployment rate dropped to 6.4% in February compared with 6.7% in January, while the national average increased from 6.6% to 6.7%. Industries that reported the most jobs gains in the state were trade, transportation, utilities and manufacturing.

GlaxoSmithKline expanding at Zebulon manufacturing plant

March 31, 2014

(The News & Observer, Raleigh)

GlaxoSmithKline will hire 60 to 75 new workers during the next month at its manufacturing plant in Zebulon as it expands production of several new drugs. GSK employs about 4,500 at its North American headquarters at Research Triangle Park and about 450 at the manufacturing support center in Zebulon.

Heritage Home Group auctioning seventeen properties

March 31, 2014

(Winston-Salem Journal)

Seventeen properties formerly occupied by Furniture Brands International have been put up for auction, including nine in North Carolina. Others are in Mississippi, Tennessee and Virginia. Heritage Home Group, which bought assets of St. Louis-based Furniture Brands after the company filed for bankruptcy protection last year, said last week it plans to close its Pearson Co. plant in High Point by Aug. 31.

Trident Marketing lays off 200 in Cary and Southern Pines

March 31, 2014

(The Pinehurst Pilot)

Trident Marketing laid off 200 workers at its call centers in Cary and Southern Pines last week after DIRECTV canceled its contract with the company.

Cozza selected to lead N.C. State Ports Authority

March 31, 2014

(StarNews, Wilmington)

The N.C. State Ports Authority named Paul Cozza its new executive director. Cozza, a U.S. Army veteran, previously served in various roles at Maersk Line Limited and CSX Corporation/Sea-Land Service Inc. 

BB&T Insurance Services to acquire Woodbury & Co.

March 31, 2014

(Winston-Salem Journal)

BB&T Insurance Services will acquire Woodbury & Co., which employs more than 50 at offices in Wilmington and Myrtle Beach, S.C., by April 1. Financial terms of the deal were not disclosed.

Group to propose alternate plan for Guilford prison farm site

March 31, 2014

(The News & Record, Greensboro)

Opponents of "Project Haystack," a proposed megasite in eastern Guilford and Western Alamance counties, say the development would destroy farmland and cost Guilford County taxpayers millions of dollars. PLACE (Public Lands for Agricultural and Community Enrichment) – one group opposed to the project –  is developing alternative plans for the land.

Wilson Medical Center announces new chief executive

March 31, 2014

(The Wilson Times)

William E. "Bill" Caldwell was named CEO of Wilson Medical Center. He replaces Rick Hudson, who retired when the 294-bed hospital joined Duke LifePoint March 1. Caldwell was previously chief operating officer of Salem, Va.-based LewisGale Medical Center. 

Bernhardt Furniture celebrates 125 years in business

March 31, 2014

(The News-Topic, Lenoir)

Family-owned Bernhardt Furniture Co. celebrated the 125th anniversary of its founding Friday. The company, founded in 1889, is now in its fourth generation of family leadership. 

Lowes Foods increases efforts to buy local

March 31, 2014

(The News & Record, Greensboro)

Lowes Foods has quadrupled the number of small and midsized farmers from which it buys over the past six years. The Winston-Salem-based company owns and operates more than 100 grocery stores in the Carolinas and Virginia.