Business

Titan cancels Wilmington area project

March 11, 2016

(Greater Wilmington Business Journal)

Titan America said it will suspend construction of a proposed cement plant in Castle Hayne. The controversial project, introduced in 2008, drew supporters, who cheered the 160 jobs it would create, and opponents, who were concerned over a potential negative environmental impact.

Raleigh's Clintrax acquired by New Jersey company

March 11, 2016

(The News & Observer, Raleigh)

Clintrax Global has been acquired by WIRB-Copernicus Group, a privately held company based in New Jersey. Financial terms were not disclosed. The Raleigh-based pharmaceutical-services company has 30 employees and generated $7 million in revenue last year.

Wal-Mart workers to get raises this month

March 11, 2016

(News & Record, Greensboro)

The state's largest employer is giving raises to more than 1.2 million workers, part of Wal-Mart's $2.7 billion plan to provide better pay, better training and educational opportunities for its employees. Starting this month, workers hired before Jan. 1 will be paid at least $10 per hour. Employees are also eligible for quarterly cash bonuses based on their store's performance.

Grifols investing $210 million in Johnston County plants

March 10, 2016

(The News & Observer, Raleigh)

Grifols will build a new plasma fractionation plant and a separate purification plant for intravenous immunoglobin in Clayton, where it employs about 1,600 people. The Barcelona-based company — Johnston County's largest private employer — doesn't yet know how many new jobs will be created.

Thomas Built Buses adding 200 jobs in High Point

March 10, 2016

(myfox8.com)

Thomas Built Buses is adding a second shift at its High Point plant, resulting in the addition of 200 jobs. The bus-maker is seeking welders, robotic technicians and skilled mechanics. Thomas is a subsidiary of Daimler Trucks North America.

Major League Baseball coming to Fort Bragg

March 10, 2016

(The Fayetteville Observer)

On July 3, the Atlanta Braves and Miami Marlins will play a regular-season game at a ballpark that will be specially built for the event at Fort Bragg. The temporary stadium will hold about 12,500 people, though tickets won't be available to the public — only Department of Defense ID cardholders can attend. After the game, the ballpark will be converted to an athletic facility for Fort Bragg soldiers and families.

Rite Aid closing Charlotte distribution center

March 10, 2016

(The Charlotte Observer)

As announced last year, Rite Aid will close a Charlotte distribution center and lay off 270 workers by June 18. Affected workers will be given the opportunity to apply for jobs at the company's new distribution center in Spartanburg, S.C.

Ross, Eshelman join Valeant board of directors

March 10, 2016

(The News & Observer, Raleigh)

Former UNC President Tom Ross and PPD founder Fred Eshelman will join the board of directors at Valeant Pharmaceuticals. The Canada-based company last year acquired Raleigh-based drug developers Salix Pharmaceuticals and Sprout Pharmaceuticals. Valeant is the target of an SEC investigation and has been scrutinized for raising drug prices, including in a recent campaign ad by Hillary Clinton.

Brunswick County a haven for retirees, other newcomers

March 10, 2016

(StarNews, Wilmington)

Brunswick County has added about 31,000 residents over the last 10 years, including 11,000 people in the over-65 age group. A low cost of living and mild climate are major draws, says Bill Sue, a longtime county commissioner.

Charlotte Food Lion stores getting a $215 million makeover

March 10, 2016

(The Charlotte Observer)

Food Lion will spend $215 million to remodel 142 stores in the Charlotte region, though the figure also includes stores in Boone and Blowing Rock. The Salisbury-based grocer already completed store remodels in Wilmington, Greenville and Raleigh markets.