Business

Wilmington tourism leader predicts strong season

May 6, 2015

(Greater Wilmington Business Journal)

A tourism-industry official said the Wilmington area has seen a steady increase in tourism spending in recent years and predicts that trend will continue. "We believe that we could very well see our best summer yet," Kim Hufham said. Hufham is CEO of the Wilmington and Beaches Convention & Visitors Bureau.

Daimler adding 605 jobs in Gaston County

May 5, 2015

(The Charlotte Observer)

Daimler Trucks North America will add 605 jobs at its Freightliner truck manufacturing plant in Mount Holly. The Portland, Ore.-based company plans to add a third shift by mid-July to meet demand for its medium-duty and severe-duty trucks.

Alamance approves incentives for grocer to bring 200 jobs

May 5, 2015

(The Times-News, Burlington)

Alamance County commissioners approved incentives for German grocery chain Lidl to build an 850,000-square-foot regional headquarters and distribution center that would create 200 jobs. The company plans to begin opening stores in the U.S. by 2018.

BofA will let shareholders vote on combining CEO, chairman roles

May 5, 2015

(The Charlotte Observer)

Reversing its previous stance, Bank of America will allow shareholders to vote on its decision to combine CEO and chairman roles. The bank decided in October to change its bylaws and give CEO Brian Moynihan the chairman title. A company spokesman said the vote won't occur at this year's annual meeting, scheduled for Wednesday in Charlotte.

Winston-Salem postpones vote on Herbalife incentives

May 5, 2015

(Winston-Salem Journal)

The Winston-Salem City Council delayed voting on an incentives package for an Herbalife expansion after some council members expressed concerns that the Los Angeles-based company doesn't have enough minority workers in top positions. About 56% of Herbalife's local workforce is minority.

Wingo steps down as CEO of ChannelAdvisor

May 5, 2015

(WRAL TechWire, Raleigh)

David Spitz, president and chief operating officer of Morrisville-based ChannelAdvisor since 2010, was named CEO, succeeding co-founder Scot Wingo, who will become executive chairman. The e-commerce company reported a first-quarter loss of $9 million.

Buncombe may tighten construction rules near parkway

May 5, 2015

(Asheville Citizen-Times)

Concerned that development will impact tourism, Buncombe County commissioners plan to vote Tuesday on strengthening restrictions on construction along the Blue Ridge Parkway.

NC ranks third in adding solar capacity

May 5, 2015

(News & Record, Greensboro)

North Carolina trails only California and Arizona in the amount of solar capacity added by large utilities in 2014, according to a report released Monday by Washington, D.C.-based Solar Electric Power Association. Duke Energy ranks fourth among utilities adding the most solar capacity, in part due to state regulation that requires utilities to purchase increasing amounts of renewable energy through 2021.

Aqua NC seeks another rate increase

May 5, 2015

(The News & Observer, Raleigh)

Aqua NC, the state's largest private water utility, is requesting another rate increase for customers served by its 750 water systems. The state adopted a policy last June that allows water utilities to raise rates up to 5% without public hearings. The Cary-based company's last rate increase went into effect Jan. 1.

Wilmington's N2 Publishing added 80 jobs in first quarter

May 5, 2015

(Greater Wilmington Business Journal)

N2 Publishing added 80 employees in the first quarter, including 35 in Wilmington, and moved to a new 32,000-square-foot headquarters. The company produces customized neighborhood newsletters.