Business
Boone developer withdraws plan for mixed-use community
May 9, 2013
(The Watauga Democrat)
Boone developer Templeton Properties will withdraw its $18.9 million offer to purchase the former Watauga High School property for a mixed-use development because of changes to the city's multi-family housing regulations.
Wilson home sales rise
May 9, 2013
(The Wilson Times)
Home sales in Wilson County rose 10% from January through April compared to the year before, a sign that optimism is increasing, though many buyers are staying in smaller homes rather than trading up.
Salisbury-filmed TV show likely to be picked up
May 9, 2013
(The Salisbury Post)
Trade publications say the Salisbury-filmed Sleepy Hollow stands a good chance of its pilot being picked up for a full season by Fox. It's unclear if the drama would continue to be filmed in the Charlotte region though.
CEO of Food Lion parent to step down
May 9, 2013
(The Salisbury Post)
Belgium-based Delhaize Group, parent of Salisbury-based grocer Food Lion, said CEO Pierre-Olivier Beckers will step down by the end of the year. That came as the company reported stronger revenue and said its rebranded Food Lion stores were continuing to perform well as it seeks to overhaul more of them.
Harris Teeter says acquisition talks ongoing
May 9, 2013
(The Charlotte Observer)
Matthews-based grocer Harris Teeter said in a securities filing it's still weighing a possible acquisition, though it didn't disclose any more specifics.
Commissioners add hospital board member ahead of controversial vote
May 9, 2013
(Smoky Mountain News)
Haywood County commissioners added an 11th member to the Haywood Regional Medical Center's board, a move that is expected to avoid a tie as it weighs remaining in the MedWest health system.
Quintiles IPO expected this week
May 8, 2013
(The News & Observer, Raleigh)
Pharmaceutical-services giant Quintiles is expected to begin trading publicly Thursday, moving up the offering a day because of strong demand from institutional investors. The Durham company hopes to raise $790 million.
Davidson to make jump to Atlantic 10
May 8, 2013
(The Charlotte Observer)
Davidson College is expected to announce Wednesday that it will leave the Southern Conference for the Atlantic conference.
Eden hospital vows independence despite losses
May 8, 2013
(News & Record, Greensboro)
Morehead Memorial Hospital in Eden has a $1.4 million operating deficit and is one of only a few independent hospitals in the Triad, but its CEO said it's not looking for a buyer.
Brazilian manufacturer bringing 127 jobs to Lincoln County
May 8, 2013
(The Gaston Gazette)
Borghetti Turbos, a Brazilian auto-parts maker, will bring its North American headquarters to Lincoln County, investing $7 million and creating 127 jobs.
