Business

NC film commissioner steps down

July 9, 2014

(StarNews, Wilmington)

Aaron Syrett will step down as director of the N.C. Film Office effective July 31. Syrett, who has held the job since 2007, said he was offered but declined to accept a position in the new N.C. Partnership of Economic Development, which will oversee film recruitment.

Bojangles' opens 600th store

July 9, 2014

(The Charlotte Observer)

Bojangles' opened its 600th store Tuesday in Charlotte. The Charlotte-based company plans to open 55 to 60 new restaurants this year, mostly in the Southeast, and expects annual sales to reach $1 billion.

Raleigh's inaugural Rock 'n' Roll Marathon had $8 million impact

July 8, 2014

(The News & Observer, Raleigh)

The economic impact of Raleigh's Rock 'n' Roll Marathon in April was $8.13 million, according to a study commissioned by event organizers. The report, which was based on survey responses from 4,400 runners, shows visitors from outside of Raleigh spent $1.02 million on hotels and $3.62 million on food, entertainment and shopping.

Walden report predicts jobs, economic growth in 2014

July 8, 2014

(The News & Observer, Raleigh)

In his bi-annual report on the state's economy, N.C. State economist Michael Walden says North Carolina will experience economic and jobs growth during the second half of the year, but the disparity between cities and rural areas will continue. 

Patrick Cannon's parking business suffers after arrest

July 9, 2014

(The Charlotte Observer)

The parking business co-founded by former Charlotte Mayor Patrick Cannon has lost contracts at about a third of the lots it managed in uptown Charlotte. E-Z Parking managed about 25,000 spaces there last fall; that number is down to about 15,000.

Herbalife plant readies for production

July 9, 2014

(Winston-Salem Journal)

Herbalife will hold a job fair at its Winston-Salem plant as the vitamin-maker prepares to begin production. A company spokesman says it has already hired more than 290 of 493 employees the company committed to hire by the end of 2015 at the $130 million plant.

AAIPharma names Kutzer CEO

July 8, 2014

(Greater Wilmington Business Journal)

Stephan Kutzer was named CEO of Wilmington-based AAIPharma Services Corp. and Wisconsin-based Cambridge Major Laboratories, which merged with AAIPharma in October. He comes from Lonza Inc., a Swiss biotech company, where he was chief operating officer.

Publix to open Winston-Salem store by end of 2015

July 9, 2014

(Winston-Salem Journal)

Publix Super Markets plans to open a grocery store in Winston-Salem by the end of 2015, according to a company spokeswoman. The Lakeland, Fla.-based grocery store chain currently has two stores in North Carolina, both in the Charlotte area.

Dunkin' Donuts opening five Greensboro shops

July 9, 2014

(News & Record, Greensboro)

Dunkin' Donuts will open five stores in Greensboro as part of the Canton, Mass.-based company's plan to double its number of U.S. stores. The doughnut-maker has more than 300 restaurants in North Carolina.

Yadkin completes merger with VantageSouth

July 8, 2014

(Winston-Salem Journal)

Elkin-based Yadkin Financial Corp. completed its acquisition of Raleigh-based VantageSouth Bancshares, creating the fourth largest bank headquartered in North Carolina. The combined bank, which will be based in Raleigh, will have assets of $4 billion and 74 branches in the Carolinas.