Business

CEO of Durham-based Chimerix leaves abruptly

April 10, 2014

(The News & Observer, Raleigh)

Durham drug-maker Chimerix announced that Michelle Berrey has replaced CEO Kenneth Moch. Chimerix made headlines last month when a critically ill 8-year-old's family led a social-media campaign urging the company to give him an experimental antiviral drug. Details about Moch's sudden departure were not available.

PBS series filmed in Kinston wins Peabody Award

April 10, 2014

(StarNews, Wilmington)

The PBS series featuring Kinston chef Vivian Howard and the restaurant she co-owns with Ben Knight, Chef and the Farmer, won a Peabody Award, which recognizes excellence in broadcasting. A Chef's Life joins top-rated TV shows including ABC's Scandal and AMC's Breaking Bad in receiving the awards, which will be presented at a May 19 ceremony in New York. 

Sierra Nevada plans Aug. 3 grand opening of Henderson County brewery

April 10, 2014

(Hendersonville Times-News)

Sierra Nevada will host a grand opening celebration at its Mills River brewery Aug. 3, capping off a 15-day Beer Camp Across America tour, a series of beer festivals that will kick off in its hometown of Chico, Calif.

Walsh resigns as CEO of Wilmington's AAIPharma

April 10, 2014

(Greater Wilmington Business Journal)

The chief executive of Wilmington-based AAIPharma Services Corp. has stepped down. Patrick Walsh led the company through its merger with Wisconsin-based Cambridge Major Laboratories last year, and had planned to leave the position after the transition. Susan Nestegard was named interim CEO.

Comedy featuring Kristen Wiig, Allison Janney to film in Wilmington

April 10, 2014

(Greater Wilmington Business Journal)

A new movie titled The Heart, starring Kristen Wiig, will film in Wilmington. Pre-production of the comedy, which will also star Allison Janney and Sam Rockwell, is set to begin in May.

Natural-products industry growing in Asheville

April 10, 2014

(Asheville Citizen-Times)

Over the past three years, 15 new natural-products manufacturers have established businesses in the Asheville area, bringing 48 full-time jobs.

 

Auto-parts maker adding 228 jobs at Catawba County plant

April 9, 2014

(The Charlotte Observer)

GKN Driveline will invest $113 million and create 228 new jobs over four years at its plant in Catawba County. The auto-parts manufacturer makes all-wheel drive systems, transmissions and other components for automakers including BMW, Chrysler, Ford and General Motors.

Charlotte building campaign for Google Fiber

April 9, 2014

(The Charlotte Observer)

Advocates of Google Fiber in Charlotte say the data network would attract entrepreneurs, bring jobs to the city and provide high-speed Internet access to low-income areas. The city has until May 1 to submit plans to Google, including details of existing infrastructure such as gas and electricity lines. Google expects to choose which cities will get the network by year-end; it's also looking at bringing the service to the Triangle area. 

Pig virus still affecting NC farms; pork prices rising

April 9, 2014

(The News & Observer, Raleigh)

North Carolina is among four states that have been most affected by porcine epidemic diarrhea, the fast-spreading virus that is fatal to young piglets. The U.S. Department of Agriculture says the virus is responsible for a 3% reduction in the nation's pig population and pork prices have risen 10% or more.

NC retains highest credit rating

April 9, 2014

(The News & Observer, Raleigh)

State Treasurer Janet Cowell announced Tuesday that North Carolina's "AAA" bond rating was reaffirmed by the three major rating agencies. N.C. was one of 10 states to achieve the highest rating by all three agencies. The top rating helps keep financing costs low for the state.