Business
Maggie Valley amusement park set for relaunch
May 16, 2013
(Smoky Mountain News)
Maggie Valley amusement park Ghost Town in the Sky will relaunch Memorial Day weekend, with attractions such as children rides and chairlifts. A Maggie Valley businesswoman bought the failed attraction last year for $2 million.
Davidson commissioners approve plan for industrial park
May 16, 2013
(Winston-Salem Journal)
Davidson County commissioners OKed the initial phase of a proposed 1,000-acre business park near Interstate 85. The first phase is expected to cost $7.6 million.
CaroMont Health turns to telemedicine to diagnose strokes
May 16, 2013
(The Gaston Gazette)
CaroMont Health in Gastonia has started using telemedicine -- doctors who help with diagnoses across television screens and electronic media -- to help treat its patients.
Charlotte officials consider smaller tax hike to pay for capital projects
May 16, 2013
(The Charlotte Observer)
Charlotte City Council members are weighing a slightly lower property tax increase to help pay for more than $800 million of capital improvements such as roads and sidewalks.
Study favors mitigated tolls to finance I-95 improvements
May 15, 2013
(The Fayetteville Observer)
A study conducted by an Atlanta consultant recommends the Department of Transportation finance $4.5 billion of improvements to Interstate 95 with mitigated tolls that would give local residents a 50% reduction in the cost of the tolls. That plan would raise $5.1 billion through 2050 and add 19,000 jobs annually.
Charlotte says light rail promotes 'smart growth'
May 15, 2013
(The Charlotte Observer)
City leaders say Charlotte's South End neighborhood -- just outside of downtown -- shows how investment in transportation projects spur private development.
Cape Fear Valley Health faces $20M loss
May 15, 2013
(The Fayetteville Observer)
Cape Fear Valley Health System in Fayetteville is facing a $20 million loss to its budget this year -- $8 million because of federal sequestration cuts and $12 million from Medicaid cuts proposed by Gov. Pat McCrory. The nonprofit health system says it is not laying off workers.
Manufacturer weighs expanding in Fletcher industrial park
May 15, 2013
(The Times-News, Hendersonville)
Henderson County commissioners are considering giving manufacturer BorgWarner $585,504 in incentives in exchange for a $24 million expansion that would bring 80 jobs.
Snow Hill company turns sweet potatoes into liquor
May 15, 2013
(StarNews, Wilmington)
Snow Hill-based Covington Spirits is taking sweet potatoes and distilling them into liquor in a bid to wean Americans off their dependence on foreign vodka. The business was born from a need to dispose of leftover spuds.
Raleigh developer proposes 224-unit apartment complex in city
May 15, 2013
(The News & Observer, Raleigh)
A Raleigh developer wants to build a 224-unit apartment complex and parking deck near downtown, another sign of an improving residential real estate market.
