Agility Fuel Systems opens $20M Salisbury plant

October 26, 2015

(The Salisbury Post)

Agility Fuel Systems held a grand opening of its $20 million, 204,000-square-foot East Coast headquarters in Rowan County. Production should start in about a week; the company has 77 employees and plans to hire 150 for its first shift. Santa Ana, Calif.-based Agility makes natural-gas fuel systems for trucks.

Tryon Equestrian Center ends season, gears up for winter expansion

October 26, 2015

(Hendersonville Times-News)

Tryon International Equestrian Center will add a 200-stall barn and a sports complex over the winter, according to Sharon Decker, the former state Commerce secretary who is senior vice president for strategic initiatives. The center is the anchor for the 1,400-acre Tryon Resort, which plans to add a golf course, hotel, condominiums and a spa.

Cabinet company opens new Lexington facility

October 26, 2015

(The Dispatch, Lexington)

MasterBrand Cabinets opened a 137,000-square-foot production plant in Lexington. The new facility consolidates three existing buildings; about 100 employees will now work under the same roof. The Indiana-based cabinet-maker plans to create 38 new jobs over the next six months.

California golf company buys fifth NC course

October 26, 2015

(Hickory Daily Record)

Warrior Custom Golf, a California-based company best known for manufacturing custom clubs, has acquired Old Still Golf Club, previously known as Rivercrest Golf Club, in Hickory. Warrior owns Asheboro Country Club, two courses near Asheville and one course in Whispering Pines.

Regions acquires Charlotte's BlackArch Partners

October 23, 2015

(The Charlotte Observer)

Regions Financial has acquired BlackArch Partners, a Charlotte-based, mid-market investment bank with 50 employees, for an undisclosed amount. BlackArch was started in 2010; three of its founders are veterans of Charlotte's Bowles Hollowell Conner, which was acquired by First Union in 1998. Birmingham-based Regions has $125 million in assets and branches in 16 Southern states.

Fresh Market sale might be a challenge

October 23, 2015

(Winston-Salem Journal)

The Fresh Market's founder and chairman Ray Berry is said to be working with Apollo Global Management to explore a buyout of the company. The New York-based private-equity firm saw success with its 2011 buyout of Sprouts Farmers Markets, an Arizona-based chain of specialty grocery stores, though the market for natural-foods grocery stores is getting tougher.

Meineke parent buys Kansas-based Carstar

October 23, 2015

(The Charlotte Observer)

Driven Brands, parent company of Meineke Care Care Centers and Maaco, will acquire Carstar, an Overland Park, Kan.-based network of more than 450 collision-repair shops. Financial terms were not disclosed. It's the Charlotte-based company's 11th acquisition since 2013.

Deschutes CEO wraps up Asheville visit

October 23, 2015

(Asheville Citizen-Times)

Following a two-day visit to Asheville, the president of Oregon-based Deschutes Brewery said the company may not decide on the location of its East Coast brewery until 2016. Asheville is on the short list of cities the nation's sixth-largest craft brewer is considering for the expansion, which would create at least 100 jobs.

Foreclosure sale of Wilmington mall is postponed

October 23, 2015

(StarNews, Wilmington)

The foreclosure sale of Wilmington's Independence Mall has been postponed. Originally scheduled for Thursday, the public auction has been rescheduled for Nov. 23. The mall's owner, Centro Independence, defaulted on a $110 million loan.

Quintiles partners with IMS Health

October 23, 2015

(The News & Observer, Raleigh)

Durham-based Quintiles has formed an alliance with Connecticut-based IMS Health that will allow the company to gain access to more than one-half billion anonymous patient records. The contract-research organization says the alliance will aid in the recruitment of patients for clinical trials.