Business
Asheville's Grove Park Inn sold again
June 13, 2013
(Associated Press)
Asheville's Grove Park Inn is set to change hands again after private-equity firm KSL Capital Partners, which bought the historic venue last year, agreed to sell it to Irving, Texas-based Omni Hotels & Resorts for an undisclosed price. KSL has been spending $25 million to renovate the property.
Columbus County man leads sweet-potato revolution
June 13, 2013
(The Fayetteville Observer)
Columbus County resident George Wooten, who runs one of the nation's largest sweet-potato businesses, has helped improve marketing of the tuber and is one of the driving forces behind Trinity Foods, which will open a plant in Pembroke to process sweet potatoes for more uses such as sweet-potato fries.
Union reports layoffs at IBM
June 13, 2013
(The News & Observer, Raleigh)
Alliance@IBM, a group that has been trying to unionize workers at the company, says layoffs are going on across North America, including at Research Triangle Park, where the tech giant employs thousands.
Information technology company locating to Kannapolis research campus
June 13, 2013
(The Salisbury Post)
Winston-Salem-based information technology company DataChambers will build a 50,000-square-foot data center by the North Carolina Research Campus in Kannapolis.
Triangle home sales continue to rise
June 13, 2013
(The News & Observer, Raleigh)
Triangle home sales suged 34% in May compared to the year before, and inventory levels continued to drop. In all, 2,615 homes sold in May in Durham, Johnston, Orange and Wake counties.
Fayetteville mall to get a facelift
June 13, 2013
(The Fayetteville Observer)
Developers plan to transform Fayetteville's Marketfair Mall from a traditional enclosed structure to an open-air one featuring shopping, dining and a theater. The complex would continue to be anchored by HH Gregg and Gander Mountain.
Fewer Charlotte homes underwater
June 13, 2013
(The Charlotte Observer)
Fewer Charlotte homes -- 13% -- were underwater during the first quarter, an improvement from 17.6% during the fourth quarter, according to Irvine, Calif.-based CoreLogic. Underwater means homeowners owe more on their mortgage than a house is worth.
Krispy Kreme selling three Dallas stores
June 13, 2013
(Winston-Salem Journal)
Krispy Kreme Doughnuts will sell three company-owned stores in Dallas to Sun Holdings, which owns 400 restaurants in Florida and Texas,
Work begins on downtown Fayetteville condos
June 13, 2013
(The Fayetteville Observer)
Developers have broken ground on a $15 million project in downtown Fayetteville that will include 47 units for townhomes and condos. A Days Inn previously sat on the property before being demolished.
Herbalife to hire 250 by end of year
June 12, 2013
(Winston-Salem Journal)
Supplement maker and nutrition company Herbalife will hire 250 -- about half of its projected workforce at its new Winston-Salem plant -- by the end of the year. The company expects full employment by July 2014 as global demand causes it to ramp up production.
