Business

Greensboro's Unifi partners with UNC Athletics

December 4, 2014

(News & Record, Greensboro)

Greensboro-based Unifi is partnering with UNC Athletics in a plastic-bottle recycling challenge. The company's REPREVE division makes products from recycled fibers. To create awareness for the program, each person attending UNC's basketball game vs. Iowa on Wednesday was given a green UNC basketball t-shirt made from two recycled bottles. If the Tar Heels meet a campus recycling goal, Unifi will make a donation to the UNC Lineberger Comprehensive Cancer Center.

Skvarla to replace Decker as Commerce secretary

December 3, 2014

(The News & Observer, Raleigh)

Commerce Secretary Sharon Decker will step down Dec. 31 to lead a digital-media company. N.C. Department of Environment and Natural Resources leader John Skvarla will take her place. Decker was appointed to the post in January 2013 following a 30-year career in business, including 17 years with Charlotte-based Duke Energy (Cover story, June 2013).

Google Fiber files legal paperwork in NC

December 3, 2014

(WRAL TechWire)

Indicating it could be planning to bring its high-speed fiber network to the Triangle area, Google filed legal paperwork with the N.C. Department of the Secretary of State under the corporate name "Google Fiber North Carolina LLC." The Mountain View, Calif.-based tech company said it will announce by year-end if it will build its fiber network in the Triangle and/or Charlotte.

Charlotte Chamber touts 5,518 new jobs in 2014

December 3, 2014

(The Charlotte Observer)

At its annual meeting Tuesday, the Charlotte Chamber said it has announced 5,518 new jobs and $528 million in capital investments in 2014. Former Wachovia executive Mac Everett received the 2014 Citizen of the Carolinas award for his business, civic and and volunteer contributions.

Lee County wants Duke Energy to pay fees to bury coal ash

December 3, 2014

(The Charlotte Observer)

Lee County officials say Duke Energy should have to pay fees for burying coal ash in reclaim clay mines there, arguing that the project should be treated the same as a landfill. Counties are paid host fees of $2 or more per ton of waste under state solid-waste law. County officials say they were told about the coal-ash plan only a day before Duke publicly announced it.

Lincoln Harris proposes mixed-use development in south Charlotte

December 3, 2014

(The Charlotte Observer)

Charlotte-based developer Lincoln Harris filed a request for a 188-acre parcel along Providence Road in south Charlotte to be rezoned for offices, retail, a public school and up to 500 residential housing units. The former Charlotte Golf Links property – part of the Carolina Trail group – went into foreclosure earlier this year. The land is zoned for single-family residential use; a rezoning hearing will likely be held in early 2015.

Developer cleared to build nine-story Asheville hotel

December 3, 2014

(Asheville Citizen-Times)

MHG Tower has received approval from a city technical review committee to begin construction on a new Marriott hotel in downtown Asheville. The nine-story hotel will be built on the site of the former BB&T building parking garage. The 17-story main building will later be converted into condominiums and a boutique hotel.

UNC, NC State to offer joint degree in biomedical engineering

December 3, 2014

(The News & Observer, Raleigh)

UNC Chapel Hill and N.C. State University are planning to launch a joint degree in biomedical engineering. Pending approval from the UNC Board of Governors, the program could enroll its first students as early as next fall.

Greensboro's Prospect Brands buys menswear company

December 3, 2014

(Winston-Salem Journal)

Prospect Brands will acquire a majority interest in Midway, Ky.-based men's apparel-maker Crittendon & Co. The Greenboro-based company's brands include Duck Head and Gerbing, an outerwear manufacturer.

Analyst says Salix accounting problems "overdone"

December 3, 2014

(The News & Observer, Raleigh)

Analysts with Sterne Agee said Tuesday that Salix Pharmaceuticals' accounting concerns "may be overdone." The Raleigh-based drug-maker has lost 27% of its market value since restating drug-inventory levels in November.