Business

Snyder's-Lance expands healthy-snack options

March 23, 2015

(The Charlotte Observer)

Snyder's-Lance plans to introduce a gluten-free sandwich cracker this spring, the latest move by the Charlotte-based snack-maker to expand its healthier offerings. The company last year bought organic-chip company Late July Snacks and Baptista's Bakery, which makes baked snacks.

Lenovo restructures top management

March 20, 2015

(WRAL TechWire)

In a realignment of its top management officials, Beijing-based Lenovo named Gianfranco Lanci, former CEO of Acer, to the newly created position of president. Morrisville-based Jay Parker, president of North American operations, will become senior vice president of the computer-maker's enterprise business and will move to RTP.

Target raises minimum hourly wage to $9

March 20, 2015

(The Charlotte Observer)

Following rival Wal-Mart's announcement last month that it will raise employee wages, Target said it will raise the minimum wage for hourly workers to $9 an hour. The retailer, No. 24 on Business North Carolina's annual list of largest employers with 8,800 workers statewide, declined to say what its lowest-paid workers currently earn. The Minneapolis-based retailer also said it will pay $10 million to settle a class-action lawsuit related to a 2013 data breach.

Hornets ink deal with Crown Royal

March 20, 2015

(The Charlotte Observer)

The Charlotte Hornets signed a multiyear deal with London-based liquor company Diageo, marking Time Warner Cable Arena's first partnership with an alcoholic-beverage company. The NBA team's logo will appear on Crown Royal bags as part of the deal. Financial terms were not disclosed.

Plastics company adding 50 jobs in Davidson County

March 20, 2015

(Winston-Salem Journal)

Thomson Plastics will add 50 jobs in Davidson County. The company will acquire a 106,200-square-foot plant previously occupied by Tarheel Plastics and invest $2.5 million in renovations and equipment. Thomson makes plastic casings for motors used in lawn mowers, golf carts and HVAC equipment.

Ground-breaking held for Hendersonville health center

March 20, 2015

(Hendersonville Times-News)

Officials broke ground Thursday on a 98,000-square-foot health-sciences center in Hendersonville that is a partnership of local governments, Pardee Hospital, Blue Ridge Community College and Wingate University. The center will house educational programs, a cancer center and surgical offices.

M&F Bank continues profitable streak

March 20, 2015

(The News & Observer, Raleigh)

Mechanics and Farmers Bank continued its profitable streak, reporting net income of $810,000 for 2014, up from $126,000 in 2013. The Durham-based bank has recorded a profit every year since it opened in 1908 ("Rewriting History," October 2014).

Western NC ski resorts wrap up successful season

March 20, 2015

(Asheville Citizen-Times)

After a slow start in December, western N.C. ski resorts benefited from low temperatures and gas prices over the last two months. "We couldn't be more pleased from January on," Rick Bussey, co-owner of Wolf Ridge Ski Resort in Mars Hill, said.

Fayetteville's Methodist University close to fundraising goal

March 20, 2015

(The Fayetteville Observer)

Methodist University in Fayetteville has raised more than $33 towards its $35 million fundraising campaign goal. The university will use the funds for improvements to athletic facilities, a new health-sciences building, a concert hall and other projects. The capital campaign runs through 2016.

Catawba Brewing to open 2nd Asheville tasting room

March 20, 2015

(Asheville Citizen-Times)

Asheville's 19th brewery is set to open by the end of March. Catawba Brewing will open its second Asheville location in the South Slope district on March 30; the Morganton-based beer-maker already has a tasting room in Biltmore Village.