Business

Herbalife to hold grand opening in Winston-Salem

January 9, 2015

(Winston-Salem Journal)

Herbalife will hold a grand opening of its 800,000-square-foot, $130 million plant in Winston-Salem on Jan. 16. The Los Angeles-based company, which makes nutritional supplements, currently employs 330 full-time workers at the plant.

UNC Chapel Hill tied for No. 1 in online MBA ranking

January 8, 2015

(The News & Observer, Raleigh)

UNC Chapel Hill tied with two other schools for the No. 1 spot on U.S. News & World Report's inaugural ranking of online MBA programs. Indiana University and Temple University shared the top spot. N.C. State University's online MBA program, launched in 2011, was No. 9.

Thousands seek jobs at annual recruiting event in Western NC

January 8, 2015

(Asheville Citizen-Times)

Thousand of people turned out Wednesday for the annual Asheville Area Chamber of Commerce job fair, where 98 employers were looking to fill about 6,000 positions. The Asheville MSA, which includes Buncombe, Haywood, Henderson and Madison counties, had the state's lowest unemployment rate in November.

Red Ventures gets $250M investment

January 8, 2015

(The Charlotte Observer)

Private-equity firm Silver Lake Partners is investing $250 million in Red Ventures, the internet-marketing company based south of Charlotte in Indian Land, S.C. Silver Lake has more than $23 billion of assets under management and has invested in technology businesses including Alibaba and Dell.

Cabarrus construction hits highest level since 2008

January 8, 2015

(The Independent Tribune, Concord)

Construction spending in Cabarrus County reached $362.4 million in 2014, its highest level since 2008. The overall value of building permits has increased each year since 2010, when spending bottomed out at $182.7 million.

Reynolds donates property to local economic-development group

January 8, 2015

(Winston-Salem Journal)

R.J. Reynolds Tobacco Co. plans to donate its Whitaker Park cigarette-manufacturing plant – which has been idle since 2010 – to a local, nonprofit redevelopment group that includes Wake Forest University. The Whitaker Park Development Authority has commissioned a study by the Urban Land Institute to determine the best use for the property.

Golden Corral names Trenary CEO

January 8, 2015

(The News & Observer, Raleigh)

Lance Trenary was named president and CEO of Golden Corral, replacing Ted Fowler who retired at the end of 2014. Trenary, 54, has been chief operating officer of the Raleigh-based restaurant chain since 2011 and has worked for the company for 29 years. Golden Corral has 501 locations in 41 states.

Asheville-based Ingles stock hits record high

January 8, 2015

(Asheville Citizen-Times)

Shares of Asheville-based Ingles Markets closed at $40.90 on Monday, setting a record high for the grocery-store chain, and trading volume was about five times its normal pace. Ingles stock has risen about 43% over the past month.

Blue Cross adds online comparison tool for medical costs

January 8, 2015

(Winston-Salem Journal)

Blue Cross and Blue Shield of North Carolina unveiled a new online tool that allows consumers to compare costs of medical treatments among providers across the state.

Lee County residents worried about coal-ash plan

January 8, 2015

(The Fayetteville Observer)

Lee County officials and residents are concerned about Duke Energy's plan to store coal ash in abandoned clay mines once used by a local brick manufacturer.