Business

Lee County residents protest coal-ash storage plans

April 14, 2015

(The News & Observer, Raleigh)

About 140 people turned out Monday for a public hearing on Duke Energy's proposal to store up to 20 million tons of coal ash in two Lee County landfills. Lee County initially opposed the proposal but has since agreed not to challenge the plan in exchange for a $12 million payment from the utility.

Herbalife could add 300 jobs in Winston-Salem

April 14, 2015

(Winston-Salem Journal)

Winston-Salem City Council and the Forsyth County Board of Commissioners will consider whether to award $300,000 in incentives for Los Angeles-based Herbalife to add 300 jobs at its local plant. The new jobs, which would pay an average annual salary of $61,000, would be in addition to the 500 workers the nutritional-products maker has already committed to create by year-end.

Morrisville's Clinipace acquires German CRO

April 13, 2015

(The News & Observer, Raleigh)

Clinipace Worldwide has acquired Accovion, a Frankfurt, Germany-based contract-research organization with 260 employees. The Morrisville-based CRO said in January it had raised $50 million in a financing by a California-based private-equity firm.

Investigation continues in Smith Advertising case

April 14, 2015

(The Fayetteville Observer)

Nearly a year after they were arrested and charged with wire fraud in a federal court in Florida, Gary Smith and his son Todd have yet to face trial. The duo, who owned the former Smith Advertising and Associates in Fayetteville, are accused of running a Ponzi scheme that bilked investors out of $55 million (Cover Story, December 2013).

Decker joins UNCC board of trustees

April 14, 2015

(The Charlotte Observer)

Former Duke Energy executive and state Commerce Secretary Sharon Decker will join UNC Charlotte's board of trustees July 1. Decker also serves on the boards of Matthews-based Family Dollar Stores and Charlotte-based Coca-Cola Bottling Co. Consolidated.

Citizens group seeks to halt Chatham Park construction

April 14, 2015

(WRAL.com)

Pittsboro Matters filed a motion Friday asking a judge to grant an injunction to stop construction of a road project in Chatham Park, the massive proposed development that is expected to increase the town's population from 3,000 to more than 60,000 people.

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.