Business

Duke University hits fundraising record

August 12, 2014

(The News & Observer, Raleigh)

Duke University raised $441.8 million in fundraising during the fiscal year that ended June 30, 7.5% more than the previous year. The Durham-based university is in the midst of a multi-year campaign with a goal of raising $3.25 billion by June 30, 2017.

Harvard signs with Winston-Salem's IMG College

August 12, 2014

(Winston-Salem Journal)

Harvard University signed an athletics sponsorship agreement with Winston-Salem-based IMG College, a subsidiary of IMG Worldwide Inc. The sports-marketing company represents 80 colleges nationwide and various conferences, associations and venues.

Concord airport mulls expansion for additional airlines

August 11, 2014

(The Independent Tribune, Concord)

Concord Regional Airport looks to expand as commercial airlines have expressed interest in adding flights there. More than 20,000 passengers have passed through the airport since Las Vegas-based Allegiant Airlines began passenger service in December.

N.C. Zoo turns 40

August 11, 2014

(News & Record, Greensboro)

The state's third largest tourist attraction will celebrate its 40th birthday on Aug. 16. The N.C. Zoo in Asheboro attracts about 740,000 visitors annually and employs 260 full-time workers and 100 part-time seasonal workers.  

Duke researchers study fracking's effects on water quality

August 11, 2014

(The Charlotte Observer)

Professors at Duke University are close to finalizing research that could show whether drilling for shale gas in other states has led to problems with water quality. North Carolina will begin public hearings this month on safety standards for the practice.

Hospitality, health care jump ahead of manufacturing in Buncombe County

August 11, 2014

(Asheville Citizen-Times)

The health-care and hospitality industries have surged ahead of manufacturing in Buncombe County over the past two decades. The hospitality sector employed 9,709 workers in 1990; today 18,022 are employed in the industry. The number of manufacturing jobs has been cut almost in half.

Construction to begin on Wilmington wood-pellet storage domes

August 11, 2014

(StarNews, Wilmington)

Construction will begin this fall on two 150-foot tall domes that will house wood pellets for export to Europe. Maryland-based Enviva will finance the $35 million project at Port of Wilmington, which is expected to be completed in about a year.

Greensboro leaders plan new strategies for attracting business to the area

August 11, 2014

(News & Record, Greensboro)

Greensboro business leaders hope the retirement of two top recruiting executives will provide an opportunity for a new approach in reversing the area's slow economic growth.

Eco-industrial park gaining momentum in Mecklenburg

August 11, 2014

(Gaston Gazette)

A 667-acre former manufacturing site near Mount Holly has become an incubator for a green-energy businesses. ReVenture Park, located at the site of a former textile-dye manufacturing plant, is now home to 10 companies.

First year a success for Wilson hops farm

August 11, 2014

(The Wilson Times)

A Wilson family's hops-farming experiment yielded a bumper crop at its first harvest on Aug. 2. Cardinal Pine Farm, a member of the N.C. Craft Brewers Guild, hopes to supply microbreweries across the state with hops for brewing beer.