Business

Moen expanding in New Bern

November 20, 2014

(Sun Journal, New Bern)

Moen will build a 200,000-square-foot component warehouse in Craven County to support its local faucet-assembly plant, where it employs 700 workers. The new warehouse will replace a current one in Kinston, which is managed by a third-party operator. The North Olmsted, Ohio-based company will add at least 75 jobs in New Bern within a year. Some of the jobs will go to employees from the Kinston warehouse that is closing.

Pittsboro to review revised Chatham Park plan

November 20, 2014

(The News & Observer, Raleigh)

Preston Development and a group of investors will present a revised master plan for the 7,000-acre Chatham Park development to the Pittsboro Board of Commissioners on Monday. The new plan includes an additional 48 acres and revises the content of a few sentences in the developer's previous master plan, which the town approved in June.

Latest HPU poll shows NC residents more optimistic about economy

November 20, 2014

(High Point Enterprise)

North Carolina residents are feeling more optimistic about the economy, according to the results of the latest High Point University poll. The poll's Consumer Sentiment Index rose to 80.0, up from 73.5 in February.

Pardee Hospital lets CMO contract expire

November 20, 2014

(Hendersonville Times-News)

Pardee Hospital' board of directors decided not to renew the contract of Chief Medical Officer Robert Kiskaddon, who had served in the position for four years. The 222-bed Hendersonville hospital did not give a reason for the decision or announce whether an interim CMO has been appointed.

Wilmington film studios halt tours to undergo renovations

November 20, 2014

(StarNews, Wilmington)

EUE/Screen Gems Studios in Wilmington has halted its popular weekend tours to complete renovations including improvements to roads, sound stages and landscaping. Tours will resume in March and will include sets from CBS Television's Under the Dome, which will begin filming its third season in early 2015.
Related: ABC's 'Secrets and Lies' wraps production, will premiere March 1

State suspends license of contractor who performed work at Boone hotel

November 20, 2014

(The Charlotte Observer)

A state board has suspended the license of a contractor from Independence Oil and LP/Gas who performed faulty work on a pool heater at a Boone hotel where three guests later died from carbon monoxide poisoning. The board previously suspended the license of a heating contractor from Boone-based DJ's Heating Services for failing to recognize problems with the pool heater at the Boone Best Western following the first two deaths.

More charges filed against Cornelius payroll company

November 20, 2014

(The Charlotte Observer)

Federal prosecutors have filed additional charges against a Cornelius-based payroll company accused of defrauding more than 100 clients. James William Staz of Iron Station and his father, William James Staz of Huntersville, are accused of stealing more than $11 million from at least 113 clients of Employee Services Net. The new charges bring the total number of counts to 16.

BofA ranks lowest in customer satisfaction for fourth straight year

November 19, 2014

(The Charlotte Observer)

Bank of America ranked lowest among large U.S. banks in the American Customer Satisfaction Index and is the only large bank whose customer-satisfaction rating remains below pre-recession levels. Its score of 69 out of a possible 100 is unchanged from last year. The index is part of a annual report compiled by Ann Arbor, Mich.-based market-research firm ACSI.

Foam manufacturer closing Edgecombe County plant

November 19, 2014

(Rocky Mount Telegram)

Nomaco will close its 500,000-square-foot foam-manufacturing plant in Tarboro in July 2015. About 80 of the company's 106 employees will be eligible to apply for jobs at its headquarters in Zebulon. The company makes insulation products for the construction industry, foam for use in bedding and home furnishings and other commercial products.

NC legislature to draft regulations for Uber, Lyft

November 19, 2014

(The News & Observer, Raleigh)

State legislators will consider new regulations for ridesharing companies such as Uber and Lyft when the General Assembly reconvenes in January.