Business

UNC Wilmington chancellor search committee narrows list

February 3, 2015

(Greater Wilmington Business Journal)

The search committee for UNC Wilmington's new chancellor expects to begin interviews in February, according to committee co-chairwoman Wendy Murphy. 

Charlotte's Pepsi bottling site marketed for redevelopment

February 3, 2015

(The Charlotte Observer)

Cushman & Wakefield Thalhimer is marketing a Pepsi bottling complex as a mixed-use site that could include retail, office and residential. It's one of the last parcels along the Blue Line light rail route in Charlotte's South End that hasn't been redeveloped. 

First Carolina Bank to open Raleigh office

February 3, 2015

(The News & Observer, Raleigh)

Rocky Mount-based First Carolina Bank plans to open a loan-production office in Raleigh later this year. Formed in July 2012, the community bank previously known as First Carolina State Bank has three N.C. branches in Greenville, Reidsville and Rocky Mount.

Rex ends contributions to employee pensions

February 3, 2015

(The News & Observer, Raleigh)

Rex Hospital will stop contributing to pensions of its employees who still have the retirement savings plans. The Raleigh hospital eliminated pensions for new hires in 2009. About half of its 5,600 employees – roughly 2,800 – have pensions.

Duke Energy CEO: Coal-ash spill changed company's attitude

February 2, 2015

(News & Record, Greensboro)

Duke Energy CEO Lynn Good said last year's coal-ash spill in the Dan River had a significant impact on the company, leading it to create a separate division focused on ash management. Monday marks the one year anniversary of the spill, which dumped tons of coal ash into the river (cover story, April 2014).
Related: A year after ash spill, open questions about Duke and the Dan

Public hearing on Cumberland poultry plant set for Monday

February 2, 2015

(The Fayetteville Observer)

Fayetteville and Cumberland County have proposed incentives totaling $6.3 million for Mississippi-based Sanderson Farms to build a chicken-processing plant that would employ 1,000 people. More than 120 people have signed up to speak at Monday's public hearing on the incentives.

FCC to decide on municipal broadband networks

February 2, 2015

(The News & Observer, Raleigh)

The Federal Communications Commission will vote Feb. 26 on whether to strike down state laws that limit government-run Internet networks. Wilson, which hopes to expand its own high-speed Internet service it launched in 2008, and Chattanooga, Tenn., filed petitions last year asking the FCC to overturn the laws.

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.