Business

Tesla set to open Charlotte area store

April 20, 2015

(The Charlotte Observer)

California-based Tesla will open a store and service center in Matthews this week. It's the second North Carolina store for the high-end electric car manufacturer. Tesla's other N.C. store is in Raleigh.

Chung: Selling North Carolina is key to luring jobs

April 20, 2015

(Greater Wilmington Business Journal)

Chris Chung, CEO of the Economic Development Partnership of North Carolina, said Friday gaining private-sector input will benefit the public-private organization. Chung said marketing and selling the state of North Carolina as an attractive location is central to the agency's task of luring more jobs.

Ralls leaving NC community college system

April 17, 2015

(The News & Observer, Raleigh)

Scott Ralls, who has led North Carolina's 58-member community college system since 2008, is leaving to lead a six-campus community college in northern Virginia.

3 NC hospitals achieve high marks in patient satisfaction

April 17, 2015

(The Charlotte Observer)

In Medicare's first-ever star ratings for patient satisfaction, three North Carolina hospitals achieved the highest rating of five stars: 25-bed Chatham Hospital in Siler City, 18-bed North Carolina Specialty Hospital in Durham and 494-bed FirstHealth Moore Regional Hospital in Pinehurst.
Related: Triangle hospitals rate high in patient satisfaction

Apple buys forest land in Brunswick County

April 17, 2015

(StarNews, Wilmington)

Through a partnership with nonprofit environmental group The Conservation Fund, Apple has acquired more than 3,600 acres of forest land in Brunswick County. The California-based company plans to harvest timber using sustainable practices and use it in packaging for products including iPhones, iPads and Apple TVs.
Related: Apple to invest in solar projects, forests

Specialty grocer to open at Charlotte's SouthPark mall

April 17, 2015

(The Charlotte Observer)

Reid's Fine Foods will open its third Charlotte-area location in an 8,200-square-foot space at SouthPark mall. The location, which is expected to open by Oct. 1, will feature indoor and outdoor dining. Owner Tom Coker says the specialty-foods retailer hopes to expand outside of Charlotte into Winston-Salem, the Triangle and South Carolina.

Davidson County OKs incentives for company expansion

April 17, 2015

(Winston-Salem Journal)

Davidson County commissioners approved an incentive package totaling $175,000 for an unnamed, existing business in the county to add 170 jobs over five years. The company would invest $13 million over two years.

Targacept drug fails clinical trial

April 17, 2015

(Winston-Salem Journal)

Winston-Salem-based Targacept will end development of a drug-compound treatment for a gastrointestinal disorder following a failed clinical trial. The Winston-Salem-based company said in March it would be acquired by California-based Catalyst Biosciences, though that deal could be in jeopardy following Pfizer's decision in April to end a licensing agreement with Catalyst.

Cary to consider incentives for corporate relocation

April 17, 2015

(The News & Observer, Raleigh)

The Cary Town Council is considering granting incentives to an unnamed company that could move its headquarters there. The company would bring 47 jobs with an average annual salary of $85,000. The N.C. Commerce Department is negotiating with the company.

Company buys 46,000-square-foot industrial space in Leland

April 17, 2015

(Greater Wilmington Business Journal)

A company named Barn Creek LLC bought a 46,000-square-foot, bank-owned industrial building in Leland for $575,000. The warehouse has about 4,500 square feet of office space and sits on about 3 acres. The buyer's plans for the property are unknown.