Business

Aerospace advocacy group looks beyond Triad

November 5, 2014

(Winston-Salem Journal)

A new Greensboro-based nonprofit organization aims to develop a strategy for increasing growth prospects for aviation- and aerospace-related jobs across North Carolina. N.C. Aerospace was formed as part of the Piedmont Triad Partnership, but will likely become independent in 2015, allowing it to grow beyond the Triad region.

CMS superintendent resigned amid allegations of misconduct

November 5, 2014

(The Charlotte Observer)

Charlotte-Mecklenburg Schools Superintendent Heath Morrison resigned just two days after the completion of an investigation into allegations of misconduct, including bullying staff members, and cost overruns at new schools.

Ports director says Wilmington can compete with larger ports

November 5, 2014

(StarNews, Wilmington)

N.C. State Ports Authority CEO Paul Cozza says Wilmington's small size allows the port to provide opportunities and services that more congested cities can't.

New technology leads to pay cuts for medical secretaries at Novant Health

November 5, 2014

(Winston-Salem Journal)

Winston-Salem-based Novant Health said it is cutting pay for medical secretaries, whose workloads have been reduced following the health system's rollout of an electronic medical records system. A total of 157 employees in Charlotte and Winston-Salem are affected. 

Asheville's PLI to add up to 50 jobs

November 5, 2014

(Asheville Citizen-Times)

Plasticard Locktech International will add up to 50 new jobs with the next two years, CEO Mark Goldberg said last week. Asheville-based PLI, which on its website calls itself the world's largest manufacturer of plastic hotel key cards, became employee-owned earlier this year. 

Snyder's-Lance increases investment in organic snack-maker

November 5, 2014

(The Charlotte Observer)

As part of an effort to expand its product offerings of healthier snacks, Charlotte-based Snyder's-Lance increased its stake in Late July Snacks – an organic snack company based in Boston – from 19% to 80%. 

NC ranks third in Site Selection's business-climate report

November 4, 2014

(Winston-Salem Journal)

North Carolina fell to third place in Site Selection magazine's annual national business-climate ranking, behind top-ranked Georgia and second-place Louisiana. Criteria includes transportation and utility infrastructure, existing work-force skills, availability of incentives and a the results of a survey of corporate site selectors. 

LabCorp announces $6 billion acquisition of New Jersey-based CRO

November 4, 2014

(The News & Observer, Raleigh)

Burlington-based LabCorp will acquire New Jersey-based drug diagnostics firm Covance in a $6 billion cash and stock deal. The deal will allow LabCorp to compete with other drug-testing companies based in the state, including Durham-based Quintiles and Wilmington-based PPD. LabCorp will add 12,500 employees to its existing 34,000 worldwide through the acquisition.

Duke Energy, Red Hat and Piedmont lead initial contributions to EDPNC

November 4, 2014

(The News & Observer, Raleigh)

Charlotte-based Duke Energy and Piedmont Natural Gas and Raleigh-based Red Hat were the top initial donors to the state's new public-private economic-development partnership. The Economic Development Partnership of North Carolina said five companies contributed a combined $440,000 to help the agency get off the ground. Other contributors were Beijing-based Lenovo Group and Charlotte Pipe and Foundry.
Related: Duke Energy donation gives questionable boost to NC economic partnership

Morrison resigns as CMS superintendent

November 4, 2014

(The Charlotte Observer)

Heath Morrison resigned as superintendent of Charlotte-Mecklenburg Schools to spend more time with his family, particularly with his mother who lives in Williamsburg, Va. He did not give specifics regarding his mother's condition. Morrison came to CMS in July 2012. Deputy Superintendent Ann Clark will take over the position in the interim role.