Business

Mercedes Benz plant, 1,300 jobs heading to SC

March 9, 2015

(The Charlotte Observer)

Mercedes Benz Vans, a division of Germany-based Daimler AG, will build an assembly plant for its Sprinter vans in North Charleston, S.C., and create 1,300 jobs. The company will begin construction next year on the $500 million plant, which will be built on 200 acres adjacent to an existing assembly plant where it employs 140 people.

Triad leaders assemble land for megasite

March 9, 2015

(Winston-Salem Journal)

Mike Solomon, economic development director for the Timmons Group, helped Triad leaders identify an 1,800-acre site in Randolph County that could attract an auto manufacturer. County commissioners spent $4.7 million last month to purchase the first 255 acres. 
Related: NC shifts into overdrive in effort to land auto plant

Mission Hospital asks patients to go elsewhere

March 9, 2015

(Asheville Citizen-Times)

Mission Hospital said Friday it was at capacity and asked patients – other than the critically ill – to seek medical care at primary-care physicians' offices or urgent cares if possible. The Asheville-based health system extended office hours at several primary-care locations to handle the large number of patients.

Growth picking up at NC Research Campus

March 9, 2015

(The Salisbury Post)

David Murdock's $15 million annual contribution, announced last year, will allow his namesake research institute in Kannapolis to expand the scope of its work. North Carolina A&T University and Duke University are expanding their laboratory space at the research campus, which was announced in 2005 and has grown slower than expected, in part due to the economic recession that began in December 2007.

Duke Energy's Carter joins Bank of America

March 9, 2015

(The Charlotte Observer)

Bank of America named Brett Carter chief operating officer for its Global Technology and Operations unit, which is headed by Charlotte-based Cathy Bessant. Carter was senior vice president of Duke Energy Carolinas and was chairman of the Charlotte Chamber in 2013.

Food Lion to remodel Raleigh, Fayetteville stores

March 9, 2015

(WRAL.com)

Food Lion will remodel all of its grocery stores in the Raleigh area between April and October. The Salisbury-based company remodeled 76 stores in the Greenville and Wilmington markets in 2014.
Also: Food Lion remodeling its 25 Fayetteville stores this year

MaxPoint shares trade lower than expected

March 9, 2015

(WRAL TechWire)

MaxPoint Interactive raised $75 million in its initial public offering Friday. The digital-marketing company, which helps companies determine the best neighborhoods to sell their products, priced 6.5 million shares at $11.50, the mid-point of the range reported in SEC filings.  

Lumberton health system to partner with Campbell University

March 9, 2015

(The Fayetteville Observer)

Southeastern Health in Lumberton will team up with Campbell University to develop an emergency-medicine residency program for the university's Jerry M. Wallace School of Osteopathic Medicine, which focuses on training doctors for rural and underserved communities.

Bank bonuses vary for 2014

March 9, 2015

(The Charlotte Observer)

Some investment bankers are seeing bonuses increase as much as 15%, according to a report from New York-based consultant Johnson Associates. Mortgage bankers are expected to see lower bonuses, as many of the biggest lenders lost market share last year. Many lenders tie bonuses to losses or gains in market share.

Cary's SAS, Kimley-Horn make Fortune's list of best companies

March 6, 2015

(The News & Observer, Raleigh)

SAS slipped two spots to No. 4 on Fortune magazine's annual list of the best U.S. companies to work for. The Cary-based software company has appeared in the top 10 a dozen times and ranked second last year. Kimley-Horn and Associates, also based in Cary, was the only other North Carolina-based company on the list. The design consulting firm ranked No. 25.