Business

AT&T adding 300 jobs in NC

February 2, 2015

(Winston-Salem Journal)

AT&T will hire about 100 technicians to support increased demand for its U-verse and GigaPower high-speed Internet services. The telecommunications company also plans to add about 200 sales and call-center positions statewide.

Trade group seeks to build awareness in Western NC

February 2, 2015

(Asheville Citizen-Times)

Fletcher-based Outdoor Gear Builders, a trade group that comprises 24 manufacturers based in Western N.C., will hold its first demo-day March 21. Outdoor-gear companies based in Western N.C. employ about 470 people, according to the AdvantageWest economic-development organization.

Statesville approves incentives for Highland Industries

February 2, 2015

(The Charlotte Observer)

Statesville City Council approved $70,000 in economic-development incentives for Highland Industries, which plans to create at least 26 jobs over three years. The company, which makes textiles for the automotive and aerospace industries, will invest $7.4 million in equipment and renovations in a 62,000-square-foot spec building in the city's business park. 

Dollar General formally ends bid to buy Family Dollar

February 2, 2015

(The Charlotte Observer)

A week after shareholders approved Family Dollar Stores' plan to be acquired by Dollar Tree, Dollar General formally ended its takeover bid for the Matthews-based retailer.

Alevo names former Duke Energy exec director of sales

February 2, 2015

(The Independent Tribune, Concord)

Alevo Group hired Jeff Gates as director of sales and field operations. Gates worked for 14 years at Charlotte-based Duke Energy, where he specialized in energy storage for the past six years and was involved in the development of a $44 million storage system at a Texas wind farm. Last year, Alevo acquired the former Philip Morris plant in Concord for $68 million and plans to hire 2,500 workers within three years (Statewide, December 2014).

 

Greensboro gains craft breweries

February 2, 2015

(News & Record, Greensboro)

The craft beer industry in Greensboro and the Triad area is gaining momentum. Several new breweries have opened within the past year or have announced plans to open in 2015.

Biogen Idec adding 100 jobs in Triangle

January 30, 2015

(The News & Observer, Raleigh)

Biogen Idec plans to add 100 jobs in Durham and Morrisville to meet demand for its products, which include treatments for multiple sclerosis and hemophilia. The Cambridge, Mass.-based biotech company employs 1,300 in the Triangle.

CommunityOne eyes acquisitions

January 30, 2015

(The Charlotte Observer)

After posting five profitable quarters in a row, Charlotte-based CommunityOne Bank is looking to acquire or merge with other lenders. The bank, formed in 2013 after merging with Bank of Granite, plans to close six branches this year in a cost-cutting effort.

Novant to manage Lenoir Memorial Hospital

January 30, 2015

(The News & Observer, Raleigh)

Lenoir Memorial Hospital plans to sign a management agreement with Winston-Salem-based Novant Health this spring. Under the terms of the initial proposal, Gary Black will remain CEO of the 261-bed hospital. Lenoir posted an operating loss of nearly $14 million over the last five years, according to public filings.

Citrix to lay off 900 workers

January 30, 2015

(The News & Observer, Raleigh)

Citrix Systems plans to lay off 900 of its 9,500 workers worldwide, though it's unclear whether any of the software company's 600 workers in Raleigh will be affected. Santa Clara, Calif.-based Citrix acquired Raleigh-based Sharefile in 2011 and opened a new, 170,000-square-foot office in the city's warehouse district last fall.