Business

Another craft brewer eyes Asheville for expansion

April 27, 2015

(Asheville Citizen-Times)

Oregon-based Deschutes Brewery, the nation's sixth largest craft-beer brewer, is looking to build a brewery and distribution center that will allow it to expand in the Southeast and along the East Coast. Deschutes representatives in December visited several Asheville sites, including a 137-acre parcel recently purchased by Buncombe County, and plan to return in May.

Greensboro-area leaders to consider new recruiting agency

April 27, 2015

(News & Record, Greensboro)

Now that the Greensboro Partnership has tapped Mississippi's top business recruiter as its CEO, local government leaders must decide whether to offer financial support to that organization or toward the development of a proposed regional agency some say would be more effective at bringing jobs to the area.

New Bern's redevelopment efforts an 'example' for other towns

April 27, 2015

(New Bern Sun Journal)

Nearly $323.9 million in public and private funds has been invested over the last 35 years in New Bern's downtown, resulting in the creation of 608 jobs. It's the largest investment of any city that participates in the N.C. Main Street program, which was started in 1980 to help revitalize central business districts across the state.

Charlotte real-estate pros say condos could make a comeback

April 27, 2015

(The Charlotte Observer)

Developers say some high-end apartments under construction in the Charlotte area could eventually be converted to condominiums. Many condominium projects were converted to rental units during the recession, and obtaining financing for condo projects remains difficult.

NC ports on pace for record year

April 27, 2015

(StarNews, Wilmington)

The N.C. State Ports Authority reported a 20% increase in container volume in the third quarter compared with the same period a year ago, and the Port of Wilmington is on track to set a fiscal-year record. Container volume increased 34% in March.

Raleigh boosters push for more downtown retail

April 27, 2015

(WRAL.com)

Raleigh's center city needs more retail businesses, according to officials with the Downtown Raleigh Alliance. About 1,800 downtown housing units are under construction, which is expected to add an estimated 3,000 residents.

NC underperforms on financial scorecard

April 27, 2015

(The News & Observer, Raleigh)

North Carolina ranked near the bottom of the list in health care, small-business ownership and other metrics on the Corporation for Enterprise Development's Assets & Opportunity Scorecard, which evaluates how residents are faring economically.

California company bringing 250 jobs to Union County

April 24, 2015

(The Charlotte Observer)

O'Neil Digital Solutions will invest $140 million in a printing and data center operation in Monroe. The Los Angeles-based company plans to create 250 jobs with an average annual salary of $58,819. O'Neil will receive more than $5 million in state and local incentives.

Durham's Bronto Software sells for $200M

April 24, 2015

(The News & Observer, Raleigh)

California-based NetSuite will acquire marketing-technology company Bronto Software for $200 million. Founded 15 years ago, Bronto employs more than 250 people globally, including 220 in Durham. It will operate as a business unit of NetSuite, and no layoffs are expected.

Groups urge BofA shareholders to vote against directors

April 24, 2015

(The Charlotte Observer)

Two shareholder-advisory groups are recommending Bank of America stockholders vote against certain directors to show disapproval of a bylaw change that will allow CEO Brian Moynihan to become chairman. The company's annual meeting will be held on May 6 in Charlotte.