Eastern

Durham developer to rehab Fayetteville hotel

February 3, 2015

(The Fayetteville Observer)

The new owners of Fayetteville's Prince Charles Hotel property plan to spend $11 million renovating the building into apartments with street-level retail shops. Project manager Michael Lemanski, founder of Durham-based Greenfire Real Estate Holdings, has led the revitalization of much of downtown Durham over the last 15 years. 

UNC Wilmington chancellor search committee narrows list

February 3, 2015

(Greater Wilmington Business Journal)

The search committee for UNC Wilmington's new chancellor expects to begin interviews in February, according to committee co-chairwoman Wendy Murphy. 

Public hearing on Cumberland poultry plant set for Monday

February 2, 2015

(The Fayetteville Observer)

Fayetteville and Cumberland County have proposed incentives totaling $6.3 million for Mississippi-based Sanderson Farms to build a chicken-processing plant that would employ 1,000 people. More than 120 people have signed up to speak at Monday's public hearing on the incentives.

FCC to decide on municipal broadband networks

February 2, 2015

(The News & Observer, Raleigh)

The Federal Communications Commission will vote Feb. 26 on whether to strike down state laws that limit government-run Internet networks. Wilson, which hopes to expand its own high-speed Internet service it launched in 2008, and Chattanooga, Tenn., filed petitions last year asking the FCC to overturn the laws.

Novant to manage Lenoir Memorial Hospital

January 30, 2015

(The News & Observer, Raleigh)

Lenoir Memorial Hospital plans to sign a management agreement with Winston-Salem-based Novant Health this spring. Under the terms of the initial proposal, Gary Black will remain CEO of the 261-bed hospital. Lenoir posted an operating loss of nearly $14 million over the last five years, according to public filings.

Job cuts likely at Goodyear's Fayetteville plant

January 29, 2015

(The Fayetteville Observer)

Goodyear Tire & Rubber may be laying off at least 30 to 40 of its 2,500 workers at its Fayetteville tire-manufacturing plant, according to source at the company. Goodyear has not confirmed the job cuts.

Belhaven, Vidant approve plans for 24-hour clinic

January 28, 2015

(The Daily Reflector, Greenville)

The town of Belhaven reached an agreement with Vidant Health that will allow the Greenville-based health system to begin construction of a $4.2 million, 24-hour clinic that will serve Hyde and Beaufort counties. The town and the NAACP are still awaiting a decision from a federal complaint they filed over Vidant's decision last year to close Vidant Pungo Hospital.

GE Nuclear Fuel unit secures $100M contract

January 27, 2015

(Greater Wilmington Business Journal)

Global Nuclear Fuel, the GE-led joint venture of Hitachi and Toshiba, received a contract worth more than $100 million to provide fuel for a nuclear station in Nebraska through 2034. The fuel will be manufactured at GNF's Castle Hayne campus near Wilmington.

Wilmington's nCino makes Forbes 'Most Promising Companies' list

January 26, 2015

Wilmington-based nCino was the only North Carolina business to make Forbes' recent list of America's Most Promising Companies. nCino ranked 93rd on the list, which includes private companies generating less than $300 million annually and considers revenue growth, employee growth, capital raised and management, among other factors.

County officials surprised over CFCC president's resignation

January 26, 2015

(Greater Wilmington Business Journal)

Trustees provided few details regarding Cape Fear Community College President Ted Spring's abrupt resignation on Thursday, while county commissioners expressed surprise and concern over Spring's departure. 

Duke Energy plans 13-megawatt solar farm in Onslow County

January 26, 2015

(Winston-Salem Journal)

Through a partnership with the U.S. Navy and U.S. Marine Corps, Duke Energy will build a 13-megawatt solar project at Camp Lejeune. The 80-acre project could provide enough power for about 3,000 homes.

CFCC president resigns

January 23, 2015

(StarNews, Wilmington)

Ted Spring resigned as president of Cape Fear Community College after a little more than two years in the position. Amanda Lee, vice president for instructional services, will become interim president.

Hoke County may try to lure chicken plant

January 22, 2015

(WRAL.com)

Donald Porter, executive director of the Raeford-Hoke Economic Development Commission, calls Hoke County a "poultry-friendly community" and says his phone has been ringing off the hook from residents wanting to know if the county will try to lure Mississippi-based Sanderson Farms. Hoke County has lost hundreds of jobs over the last two years as House of Raeford closed its local turkey plants ("Turkey trot," January).

Vertex Rail to ramp up hiring in February

January 22, 2015

(StarNews, Wilmington)

Vertex Rail Technologies CEO Don Croteau said the company will begin hiring production workers in February and will build its first sample rail car in March or April. Vertex plans to invest $60 million and hire 1,300 people at the former Terex plant in Wilmington. Croteau says potential revenues could total $600 million to $800 million.

Wilmington gains daily flights to Atlanta, New York

January 22, 2015

(Greater Wilmington Business Journal)

American Airlines will resume a second flight from Wilmington International Airport to New York City in February, and Delta will increase its daily flights to Atlanta from five to six in March.

Obama's budget includes $412M in NC military construction

February 3, 2015

(The Fayetteville Observer)

President Obama's fiscal 2016 budget proposal includes nearly $412 million in construction projects at North Carolina military installations, including $169 million at Fort Bragg.

New Hoke County hospital could open by March

January 22, 2015

(The Fayetteville Observer)

Construction is almost complete at Cape Fear Valley Health's Hoke County hospital, which could open its doors in February or March. The 41-bed hospital is less than 3 miles from FirstHealth of the Carolinas' eight-bed hospital that opened in October 2013.

Cumberland commissioners approve hearing for chicken plant

January 21, 2015

(The Fayetteville Observer)

Cumberland County commissioners approved a public hearing for a Sanderson Farms chicken-processing plant that could create 1,000 jobs, though the Mississippi-based company says it is no longer interested in building a plant there. 

ECU chancellor says medical school at risk

January 21, 2015

(The Daily Reflector, Greenville)

ECU Chancellor Steve Ballard said the Brody School of Medicine's ability to train doctors is threatened by the state legislature's rejection of Medicaid expansion, which restricts federal funding.

Fayetteville commissioners may revive chicken plant proposal

January 20, 2015

(The Fayetteville Observer)

Cumberland County commissioners may vote for a third time Tuesday on holding a public hearing for incentives for a proposed Sanderson Farms chicken plant that would create 1,000 jobs. Commissioner Charles Evans, the swing vote in the commission's 4-3 vote that defeated the proposal, says he has changed his mind.