Business
Novartis plans another expansion in Holly Springs
April 23, 2013
(The News & Observer, Raleigh)
Pharmaceutical company Novartis plans to add a $60 million "technical services building" in Holly Springs, with construction expected to start this summer. The addition is because of a contract with the U.S. Department of Health and Human Services' chemical and biological threat response program.
High Country home prices fall in first quarter
April 23, 2013
(The Watauga Democrat)
High Country home sales rose during the first quarter, but prices fell 12% to a median of $185,000 despite fewer homes on the market.
North State Bank Mortgage expanding into Fayetteville
April 23, 2013
(The Fayetteville Observer)
Old North State Mortgage, an arm of the Raleigh-based bank, will expand into the Fayetteville market, hiring two agents to handle loan originations.
MetLife begins filling jobs in Charlotte
April 23, 2013
(The Charlotte Observer)
Insurance giant MetLife is starting to post and fill jobs for its planned retail hub in Charlotte. The company, which has been promised lucrative incentives to relocate the operations, is expected to hire 1,386 in the city and about as many in Cary.
Upscale Wilmington development set for more homes
April 23, 2013
(StarNews, Wilmington)
A developer wants to build 24 more homes in Landfall, an upscale development in Wilmington.
State ports leaders call for raises
April 22, 2013
(StarNews, Wilmington)
The N.C. Ports Authority's interim executive director want a wage study to examine how the compensation of the state's ports leaders and workers compares to other ports along the East Coast.
Google picks Lenoir for $600M expansion
April 22, 2013
(The Charlotte Observer)
Tech giant Google will expand its Lenoir data center with a $600 million investment, doubling the initial investment it made about six years ago. No jobs will be created initially, though an unknown number of additional hires are expected in the future.
Charlotte company poised to buy Knights Stadium
April 22, 2013
(The Charlotte Observer)
Charlotte-based Cato Corp. wants to purchase the 32-acre property in Fort Mill, S.C., that includes the soon-to-be former home of the minor-league baseball team Charlotte Knights for $844,160. Part of the land would be used for a $36 million distribution center.
Some in Salisbury question value of 'Sleepy Hollow' pilot
April 22, 2013
(The Salisbury Post)
Twentieth Century Fox spent $8 million in North Carolina this spring filming a "Sleepy Hollow" TV pilot, but some in Salisbury, one of the main backdrops, are unhappy because the town was only paid about $30 and several restaurants lost business.
Guilford County reviewing solar-farm policies
April 22, 2013
(The High Point Enterprise)
Guilford County commissioners want to examine their policies about approving solar farms on agricultural land because they say current zoning rules aren't relevant in many situations.
