Business
Manufacturer expanding in Montgomery County
April 23, 2013
(The News & Observer, Raleigh)
Jordan Forest Products, a maker of wooden pallet parts, will expand its plant in Biscoe, adding 31 to its local workforce of 301 and investing $1.4 million.
Duke Energy wants to double renewable-energy investment
April 23, 2013
(The Charlotte Observer)
Charlotte-based Duke Energy wants to double its renewable-energy portfolio by 2020, according to its annual sustainability report. The company also wants to reduce its carbon-dioxide emissions by 17% by then.
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.
