Business

Advanced-manufacturing school opens in Burnsville

April 14, 2015

(Asheville Citizen-Times)

State and local officials celebrated the opening of Mayland Community College's Yancey Learning Center, a $2.4 million advanced-manufacturing school that has already enrolled 35 students. Charlotte-based Duke Energy Foundation donated $250,000 for the school to buy a 3-D metal printer.

Charlotte City Council approves new seating for coliseum

April 14, 2015

(The Charlotte Observer)

The Charlotte City Coucil approved spending $975,000 to replace existing seats at Bojangles' Coliseum with larger ones. The upgrade is part of a $16 million, two-year renovation plan. The Charlotte Checkers hockey team will move their games from Time Warner Cable Arena to the coliseum in 2017.

New chancellor chosen for UNC Wilmington

April 13, 2015

(Greater Wilmington Business Journal)

The UNC Board of Governors named Jose "Zito" Sartarelli chancellor of UNC Wimington. A native of Brazil, Sartarelli spent 30 years working in the pharmaceutical industry and has been dean of West Virginia University's business school since 2010.

Duke Energy increased contributions to Republican Governors Association

April 13, 2015

(The Charlotte Observer)

Duke Energy donated $3.05 million to the Republican Governors Association in 2014 – more than 10 times the utility's previous highest annual contribution to the group, which backed Gov. Pat McCrory's 2012 campaign.

Chatham, Lee counties hold hearings on coal-ash storage plans

April 13, 2015

(The News & Observer, Raleigh)

Two public hearings this week will allow residents of Lee and Chatham counties to speak out about Duke Energy's proposal to store up to 20 million tons of coal ash in local landfills.

High Point looks to energize downtown

April 13, 2015

(Winston-Salem Journal)

Some High Point leaders want to develop a downtown revitalization plan that would attract people year-round. An estimated 75,000 furniture-industry professionals are expected to attend the biannual High Point Market this week.
Related: Vegas market scare fades from roar to whisper, High Point Enterprise

Carteret County's oldest restaurant is for sale

April 13, 2015

(Cateret County News-Times)

The owners of Capt. Bill's Restaurant have decided not to open for the summer season and have listed the business, which first opened in 1938, for sale. John and Diane Poag have owned the waterfront restaurant since 1982 and are retiring.

Yadkin Financial raises executive pay

April 13, 2015

(Winston-Salem Journal)

Joseph Towell, executive chairman and former CEO of Yadkin Financial, received a 17% salary increase in 2014 and earned $874,688 in total compensation. Scott Custer, who became CEO following the bank's July merger with Raleigh-based VantageSouth Bancshares, received $666,865 in total compensation.

Novant, BCBS offer 'bundled payment' for knee surgeries

April 13, 2015

(The Charlotte Observer)

Novant Health will offer a bundled-payment option for knee-replacement surgery that includes doctors' office visits and physical therapy. Under the arrangement, which is only available to Blue Cross and Blue Shield of North Carolina customers, patients will receive one bill for services related to the procedure.

Lees-McRae to expand athletic complex

April 13, 2015

(The Avery Journal-Times, Newland)

Lees-McRae College in Banner Elk plans to add an indoor training facility, a media room and a renovated student recreation center as part of an expansion to its athletic-complex. The projects will be funded with private donations and partnerships and are expected to be complete by fall 2015.