Business
NASCAR festivities a boon for Cabarrus County
May 16, 2013
(The Independent Tribune, Concord)
In the coming week and a half, Cabarrus County will host an all-star race and the Coca-Cola 600, as well as minor league races, attracting hundreds of thousands of people and pumping at least $250 million into the regional economy, according to estimates.
Ammunition manufacturer bringing 150 jobs to Lumberton
May 16, 2013
(The Fayetteville Observer)
Ammunition manufacturer Cape Fear Arsenal will open a plant in Lumberton, investing $15.2 million and creating 150 jobs within three years. Average annual wage will be $41,559, higher than Robeson County's average of $26,832.
Duke Energy's Catawba Nuclear plant leaks contaminant
May 16, 2013
(The Charlotte Observer)
Duke Energy's Catwaba Nuclear Station has leaked more than 100 million gallons of tritium, a radioactive isotope of hydrogen, though officials say the leak is contained within the plant and does not pose a public health risk.
Commercial development slow at Wrightsville Beach
May 16, 2013
(StarNews, Wilmington)
Development at Wrightsville Beach has slowed during the economic downturn as high property prices make acquiring land and building projects more difficult.
Maggie Valley amusement park set for relaunch
May 16, 2013
(Smoky Mountain News)
Maggie Valley amusement park Ghost Town in the Sky will relaunch Memorial Day weekend, with attractions such as children rides and chairlifts. A Maggie Valley businesswoman bought the failed attraction last year for $2 million.
Davidson commissioners approve plan for industrial park
May 16, 2013
(Winston-Salem Journal)
Davidson County commissioners OKed the initial phase of a proposed 1,000-acre business park near Interstate 85. The first phase is expected to cost $7.6 million.
CaroMont Health turns to telemedicine to diagnose strokes
May 16, 2013
(The Gaston Gazette)
CaroMont Health in Gastonia has started using telemedicine -- doctors who help with diagnoses across television screens and electronic media -- to help treat its patients.
Charlotte officials consider smaller tax hike to pay for capital projects
May 16, 2013
(The Charlotte Observer)
Charlotte City Council members are weighing a slightly lower property tax increase to help pay for more than $800 million of capital improvements such as roads and sidewalks.
Study favors mitigated tolls to finance I-95 improvements
May 15, 2013
(The Fayetteville Observer)
A study conducted by an Atlanta consultant recommends the Department of Transportation finance $4.5 billion of improvements to Interstate 95 with mitigated tolls that would give local residents a 50% reduction in the cost of the tolls. That plan would raise $5.1 billion through 2050 and add 19,000 jobs annually.
Charlotte says light rail promotes 'smart growth'
May 15, 2013
(The Charlotte Observer)
City leaders say Charlotte's South End neighborhood -- just outside of downtown -- shows how investment in transportation projects spur private development.
