Rex Healthcare president moving to Florida

January 7, 2015


David Strong, president of Raleigh-based Rex Healthcare since 2004, was named president and CEO of Florida-based Orlando Health, a $2.1 billion system that includes eight hospitals. Strong is also chief operating officer of UNC Health Care for system affiliations.

Wilmington City Council picks finalists for redevelopment project

January 7, 2015

(StarNews, Wilmington)

Wilmington City Council chose four finalists to redevelop downtown's Water Street parking deck site. Proposals include mixed-use projects with apartments and retail ranging from 13 to 15 stories. The city could make its final selection at a Feb. 17 meeting.

Lincoln Harris could buy Charlotte Observer's uptown site

January 7, 2015

(The Charlotte Observer)

Charlotte developer Lincoln Harris is planning to buy The Charlotte Observer's 9.4-acre uptown site, the newspaper reported. The property is owned by McClatchy, the Observer's parent company. It is unclear when or where the Observer would relocate following the sale, which could close in the second quarter. 

Analysts: Salix may be open to being acquired

January 7, 2015

(The News & Observer, Raleigh)

The retirement of Salix Pharmaceuticals CEO Carolyn Logan could mean the company is open to being acquired, a pair of analysts said Tuesday. The Raleigh-based drugmaker was said to be in talks with several potential acquirers prior to November, before Salix announced it had misstated drug inventory levels and CFO Adam Derbyshire resigned.

Lenovo offers buyouts to veteran employees

January 7, 2015

(WRAL TechWire)

Lenovo is offering buyouts to an undisclosed number of veteran workers. The world's top PC manufacturer, which has its North American headquarters in Morrisville, saw its workforce grow by more than 10% following 2014 acquisitions of IBM's x86 server unit and Google Motorola Mobility's smartphone unit. 

Brazilian firms complete acquisition of Chiquita

January 7, 2015

(The Charlotte Observer)

Cutrale and Safra Group completed their $681 million purchase of Chiquita Brands International, taking the Charlotte-based produce company private. The Brazilian companies haven't said where Chiquita's headquarters will be located. Chiquita was awarded $22 million in state and local incentives in 2011 to move its headquarters from Cincinnati to Charlotte.

CEO of Wilmington-based Next Glass makes Forbes list

January 7, 2015

(Greater Wilmington Business Journal)

The 26-year-old founder and CEO of Wilmington-based Next Glass is No. 29 on Forbes' 2015 list of "30 Under 30" food and alcoholic beverage entrepreneurs, which includes chefs, food writers and wine and beer purveyors. Next Glass, which offers an app that helps users identify beers and wines they might like, launched in November and got 250,000 downloads in its first three weeks.

Tupelo Honey introduces new menu

January 7, 2015

(The Charlotte Observer)

Asheville-based Tupelo Honey Cafe is updating its menu, bar menu and interior look to appeal to a new generation of diners, the company said in a news release. Started in 2000 in Asheville, the company now has eight locations in the Carolinas and Tennessee and will expand to Virginia later this year.

Greensboro gaining large spec industrial building

January 7, 2015

McConnell Center Two LLC, a joint venture between Greensboro developer Pete Goria and Richardson Properties LLC, plans to build a 300,000-square-foot speculative building in east Greensboro.

Salix CEO to retire

January 6, 2015

(The Wall Street Journal)

Carolyn Logan will retire as CEO of Raleigh-based Salix Pharmaceuticals by the end of January. The drug maker announced an inventory audit last fall following a report distributors were holding high amounts of its drugs, and CFO Adam Derbyshire stepped down in November. Logan has been CEO since 2002.