Business

Animal-rights group alleges abuse at Robeson plant

May 7, 2015

(The Fayetteville Observer)

A group called Compassion Over Killing released a video Monday alleging that workers at a Mountaire Farms plant in Robeson County illegally abused chickens. The group had someone obtain a job at the plant to act as an undercover investigator.

No large protests expected for Duke Energy's annual meeting

May 7, 2015

(The Charlotte Observer)

Duke Energy shareholders will gather in downtown Charlotte Thursday for the company's annual meeting.

UNC medical school considers Wilmington branch campus

May 7, 2015

(StarNews, Wilmington)

The UNC School of Medicine is looking at opening a campus at New Hanover Regional Medical Center in Wilmington. The school has similar campuses in Asheville and Charlotte.

Charlotte office tower sells for $108M

May 6, 2015

(The Charlotte Observer)

A 20-story office tower in downtown Charlotte has sold for nearly $108 million. The 565,000-square-foot building is 83% leased, with Bank of America as its largest tenant. The buyer is a corporation affiliated with Cornerstone Real Estate Advisers.

AOL's Case say Triangle needs access to capital

May 6, 2015

(WRAL TechWire, Raleigh)

AOL co-founder Steve Case said the Triangle has plenty of talent, but entrepreneurs need access to more capital to achieve success. Case stopped in Raleigh and Durham Tuesday as part of his five-city Rise of the Rest tour, which celebrates entrepreneurs. He awarded $100,000 to Archive Social, a 3-year-old Durham-based startup, in a local pitch competition.

Raleigh Chamber names new CEO

May 6, 2015

(The News & Observer, Raleigh)

Tim Guiliani was named CEO of the Greater Raleigh Chamber of Commerce. Guiliani, 33, led since 2012 the Gainesville Area Chamber in Florida, where he helped attract nearly $400 million in capital investment. He replaces longtime CEO Harvey Schmitt, who announced his retirement in October.

Davie approves incentives for manufacturer to add 50 jobs

May 6, 2015

(Winston-Salem Journal)

Davie County commissioners approved nearly $800,000 in incentives for Avgol to expand its Mocksville manufacturing plant. The company plans to add 50 jobs to its existing 220 and will add 100,000 square feet. The Israel-based company makes nonwoven materials for baby diapers and other products.

Lassiter says incentives essential to luring jobs

May 6, 2015

(The Charlotte Observer)

John Lassiter, chairman of the Economic Development Partnership of North Carolina, said the state legislature's delay in passing an incentives bill is hurting the state's chances to attract businesses.

Charlotte's Duke Energy invests in $3B pipeline

May 6, 2015

(The Charlotte Observer)

Duke Energy will invest about $225 million in a proposed $3 billion natural-gas pipeline that will run through Alabama, Georgia and Florida.

Wilmington tourism leader predicts strong season

May 6, 2015

(Greater Wilmington Business Journal)

A tourism-industry official said the Wilmington area has seen a steady increase in tourism spending in recent years and predicts that trend will continue. "We believe that we could very well see our best summer yet," Kim Hufham said. Hufham is CEO of the Wilmington and Beaches Convention & Visitors Bureau.