Business
More layoffs expected at Energizer's Asheboro plants
May 15, 2013
(The Courier-Tribune, Asheboro)
More layoffs are possible at Energizer's Asheboro plants as the company struggles with declining sales. Energizer has not said yet which sites will bear the burden of most cuts.
Whitewater park proposed for Dillsboro
May 15, 2013
(The Sylva Herald)
A former kayacking champion is encouraging Dillsboro officials to develop the former dam area of the Tuckaseigee River into a whitewater park.
Harrisburg to get 300-home development
May 15, 2013
(The Independent Tribune, Concord)
Harrisburg council members approved a 297-home development in the city. The project, development by Charlotte-based M/I Homes initially called for 322 homes.
Primo Water posts loss but sales improve
May 15, 2013
(Winston-Salem Journal)
Winston-Salem-based Primo Water reported a $1.3 million loss during the first quarter, but sales for the period rose about 13% to $22.3 million as water-dispenser sales improved.
Tree.com reports loss but says core business strengthening
May 15, 2013
(The Charlotte Observer)
Charlotte-based Tree.com reported a quarterly loss of $2.7 million but told analysts that its lead-origination business is seeing signs of increasing demand.
Morrisville office building illustrates improving Triangle market
May 14, 2013
(The News & Observer, Raleigh)
Duke Realty is constructing a new office building in a Morrisville office park, and the company has preleased about half of the space, highlighting the growing and rebounding demand in the Triangle commercial real estate market.
PPD may not get Wilmington incentives
May 14, 2013
(StarNews, Wilmington)
Wilmington-based contract research organization PPD might not receive the $425,000 in incentives it is eligible to receive from Wilmington and New Hanover County because of not enough employees at its downtown headquarters. The company has until October to report the numbers, but officials have signaled they don't think the target will be met.
Charlotte investment bank close to sale
May 14, 2013
(The Charlotte Observer)
Charlotte investment bank McColl Partners, founded by former Bank of America CEO Hugh McColl, is in talks with professional-services firm Deloitte about a possible sale that could be finalized as soon as this week.
Cary company hopes to use IPO proceeds to pay down debt
May 14, 2013
(Associated Press)
Cary-based Ply Gem Holdings stated in securities filings Monday it plans to sell its shares between $18 and $20 during an initial public offering and plans to use the proceeds to pay back debt and for general corporate purposes.
Charlotte streetcar extension may pass after manager's new proposal
May 14, 2013
(The Charlotte Observer)
Charlotte's new city manager wants to finance a $126 million streetcar extension with surplus funds and federal dollars, a proposal that could finally garner the controversial project enough votes to pass. City Council members were wary of increasing property taxes to finance it.
