Business

Rutherford County's first solar farm producing on target

January 19, 2015

(The Daily Courier, Forest City)

Rutherford County's first solar farm is up and running, and Asheville-based FLS Energy, which built the farm and leases the property, is talking with local economic-development officials about building a second farm. The 15-acre solar array is projected to produce enough electricity to power 300 to 350 homes.

Small Western NC breweries grow, thrive near larger ones

January 19, 2015

(Hendersonville Times-News)

Small craft breweries in Henderson and Transylvania counties are thriving in the shadow of Asheville (known as Beer CIty USA) and larger brewers such as Sierra Nevada, Oskar Blues and New Belgium. 

Movement Mortgage moving HQ to South Carolina

January 16, 2015

(The Charlotte Observer)

South Carolina awarded $53 million in tax incentives for Virginia Beach, Va.-based Movement Mortgage to move its headquarters and 650 jobs to Lancaster County. Founded in 2008 by former Carolina Panthers tight end Casey Crawford ("Catching a Break," July 2014), Movement will move 200 jobs from Charlotte to the new 105,000-square-foot headquarters.

Family Dollar takeover battle could end soon

January 16, 2015

(The Charlotte Observer)

Several analysts, as well as a source close to Family Dollar, say its likely Dollar Tree will win the battle to acquire the Matthews-based retailer following a statement from Dollar General on Thursday that says it needs more time to find out whether the Federal Trade Commission will block its competing bid to acquire the company.

Triangle companies raise $163.5M in venture capital funding

January 16, 2015

(The News & Observer, Raleigh)

Triangle companies raised $163.5 million in the fourth quarter, about 60% more than the amount raised in the prior three quarters combined. Two Durham-based companies, Viamet Pharmaceuticals and Phononic Devices, led a group of 13 companies, raising $60 million and $44.5 million respectively.

Project announced for former Pilot Life campus in Greensboro

January 16, 2015

(News & Record, Greensboro)

The owner of the former Pilot Life insurance campus in Greensboro's Sedgefield neighborhood wants to partner with other developers on a mixed-use community that would blend residential and commercial projects, possibly including a hotel, at the 142-acre site. 

Sealed Air to build new Charlotte headquarters

January 16, 2015

(The Charlotte Observer)

Sealed Air, which is relocating its headquarters and 1,300 jobs from New Jersey, will build a new campus in southwest Charlotte. Construction on the complex, which will include three buildings, should be complete by the end of 2016. Childress Klein will develop the project and architect HOK will handle design and engineering.

Concord Hospitality, Kane Realty to build 3rd hotel at Raleigh's North Hills

January 16, 2015

(The News & Observer, Raleigh)

Concord Hospitality Enterprises and Kane Realty will develop a 133-room AC Hotel at Raleigh's North Hills. It's the third hotel the Raleigh-based companies have partnered on at North Hills. The hotel is expected to open next year.

Leader says Asheville needs to appeal to both locals and visitors

January 16, 2015

(Asheville Citizen-Times)

The president of a downtown advocacy group says Asheville needs to be more welcoming to locals, who often avoid downtown on the weekends due to crowds of tourists and parking concerns.

Wilmington commercial real-estate firms announce merger

January 16, 2015

(Greater Wilmington Business Journal)

Coldwell Banker Commercial Sun Coast Partners and Harley & Associates Commercial Real Estate, two of the Wilmington area's largest commercial real estate firms, have joined together as of Jan. 8.