Business

Butterball creating 367 jobs in Raeford

February 20, 2015

(The Fayetteville Observer)

Garner-based Butterball will invest $70 million in the former House of Raeford turkey plant and plans to create 367 jobs. That's welcome news to the town of Raeford, where more than 1,300 people lost their jobs in 2013 and 2014 when House of Raeford closed two local plants ("Turkey Trot," January).

Wal-Mart raising pay for nearly 40% of its workers

February 20, 2015

(The Fayetteville Observer)

North Carolina's largest private employer is giving raises to about 500,000 employees – about 40% of its workforce – and will add training programs to help its workers make plans to advance their careers. Wal-Mart Stores will invest $1 billion to roll out its new plans, which include raising entry-level wages to at least $10 an hour by February 2016.

Wilmington officials to press for expansion of film grant program

February 20, 2015

(Greater Wilmington Business Journal)

Elected officials and film-industry leaders joined together at a press conference in Wilmington on Thursday and said they would advocate to increase funding for the state's new film grant program. Johnny Griffin, director of the local film commission, said that normally at this time of year Wilmington would have received 20 to 25 inquiries about film projects – this year there have been three.

Belk closing Pineville distribution center, moving jobs to SC

February 20, 2015

(The Charlotte Observer)

Charlotte-based retailer Belk will lay off 111 workers at a Pineville distribution center as it expands in Jonesville, S.C. Affected employees were offered jobs at the Jonesville center, about 75 miles southwest of Charlotte. The privately owned department-store chain operates 300 stores in 16 states.

Matheny wants to lead Downtown Greensboro Inc.

February 20, 2015

(News & Record, Greensboro)

Greensboro City Councilman Zack Matheny said he will apply to be president and CEO of Downtown Greensboro Inc. Jason Cannon resigned earlier this month from the top post of the downtown-advocacy group.

Reynolds looks to expand line of smoking-cessation products

February 20, 2015

(Winston-Salem Journal)

Reynolds American is partnering with pharmaceutical company PinneyAssociates to develop products related to smoking cessation. The Winston-Salem-based tobacco company began distribution in September of Zonnic nicotine gum. 

Charlotte considers incentives for Frito-Lay expansion

February 20, 2015

(The Charlotte Observer)

Charlotte City Council will consider incentives for Frito-Lay to expand its local plant. The snack-maker would invest $74 million in its 38-year-old factory in southwest Charlotte, adding 30 to 35 jobs to its 563 by 2018. 

Triad communities receive rural-development grants

February 20, 2015

(Winston-Salem Journal)

The Triad communities of Mocksville and Thomasville are among recipients of a new round of grants approved by the N.C. Rural Infrastructure Authority. The authority said Thursday it approved 18 grants and loans totaling more than $6 million. 

Report says higher education in NC has $63.5 billion impact

February 19, 2015

(The News & Observer, Raleigh)

A study released Wednesday says North Carolina's public and private universities and community colleges had a $63.5 billion impact on the state's economy in 2012-13. The report, conducted by Idaho-based Economic Modeling Specialists International, estimates the impact equals the creation of 1 million jobs.

Reports say Lenovo adware may cause security issues

February 19, 2015

(WRAL TechWire)

Global media outlets are reporting that some Lenovo laptops are preloaded with malicious software that could pose a security threat. The security hole is related to Superfish, an adware program the world's No. 1 PC maker pre-installed on some of its computers.