Eastern

Family establishes commercial real estate firm in Wilmington

August 20, 2014

(Greater Wilmington Business Journal)

A family of brokers who worked the past five years with Coldwell Banker Commercial Sun Coast Partners has started their own commercial real estate company, Eastern Carolinas Commercial Real Estate. 

Fayetteville could get call center, 500 jobs

August 19, 2014

(The Fayetteville Observer)

An unnamed company is considering downtown Fayetteville for a call center that would employ 500 people. The company is also considering Georgia and Tennessee for the jobs.

Passenger traffic declines at Wilmington airport

August 19, 2014

(StarNews, Wilmington)

Passenger numbers are falling at Wilmington International Airport, though flights are nearly full. Airport Director Jon Rosborough says airlines are replacing their fleets of regional jets but aren't increasing the number of departures.

Sound Bank expands in New Bern

August 18, 2014

(Sun Journal, New Bern)

Sound Bank, a Morehead City-based community bank with more than $135 million in assets, opened a branch in New Bern, where it already operates a loan-production office. The bank acquired the branch from Raleigh-based VantageSouth Bank, which merged with Yadkin Bank in July.

Port of Wilmington reports increase in container traffic

August 18, 2014

(Greater Wilmington Business Journal)

Port of Wilmington reported a 26% increase in container volume in July compared with a year ago. The growth was led by expanded service in Asia and Latin America and increased tonnage in Europe, according to a press release.

Riverfront redevelopment plan in the works for Southport

August 15, 2014

(StarNews, Wilmington)

Local government leaders will form a steering committee of residents to weigh in on a plan to redevelop Southport's riverfront district. Wilmington engineering firm Criser Troutman Tanner Consulting Engineers was hired to conduct a study on the redevelopment.

Large-scale productions likely to leave NC under grant program

August 14, 2014

(StarNews, Wilmington)

Though some high-profile film projects and television series could still benefit from the new state grant program that replaces film incentives, legislators who support film-making in N.C. are still making a last-minute effort to find more money for the industry.

Bridgestone promotes Wilson plant manager to corporate position

August 13, 2014

(The Wilson Times)

Gary Williamson, plant manager of Bridgestone Americas' tire-manufacturing plant in Wilson, will become executive director of manufacturing operations at the company's Nashville, Tenn. headquarters. Operations Manager Michael Darr was promoted to plant manager. The Wilson plant employs about 2,125 workers.

Michael Lee nominated to fill Goolsby's senate seat

August 13, 2014

(StarNews, Wilmington)

The executive committee of the New Hanover Republican Party nominated Michael Lee, a Wilmington attorney, to serve the remainder of former state Sen. Thom Goolsby's term. Goolsby, who was not running for re-election, resigned last week. Lee could take office by next week if Gov. McCrory approves the committee's nomination.

Wilmington startups chosen for tech conference

August 12, 2014

(Greater Wilmington Business Journal)

Two Wilmington startups were chosen among 18 "hottest emerging tech companies" by Durham-based Council for Entrepreneurial Development. Next Glass and nCino Inc. will present at the organization's Tech Venture Conference in Raleigh in September.

Federal agency designates areas for offshore wind projects

August 12, 2014

(The Charlotte Observer)

The federal government has identified 307,000 offshore acres for potential wind-energy development. Areas selected include ones near Kitty Hawk, Wilmington and Southport. The Bureau of Ocean Energy Management will auction leases for developers at a later date. Five companies have already expressed interest.

Construction to begin on Wilmington wood-pellet storage domes

August 11, 2014

(StarNews, Wilmington)

Construction will begin this fall on two 150-foot tall domes that will house wood pellets for export to Europe. Maryland-based Enviva will finance the $35 million project at Port of Wilmington, which is expected to be completed in about a year.

First year a success for Wilson hops farm

August 11, 2014

(The Wilson Times)

A Wilson family's hops-farming experiment yielded a bumper crop at its first harvest on Aug. 2. Cardinal Pine Farm, a member of the N.C. Craft Brewers Guild, hopes to supply microbreweries across the state with hops for brewing beer. 

Proposed chicken plant worries Fayetteville residents

August 8, 2014

(The Fayetteville Observer)

About 350 Cumberland County residents attended a meeting Thursday to voice concerns over Sanderson Farms Inc.'s proposed $113 million chicken processing plant. The Mississippi company would hire about 1,000 workers at the site just east of Fayetteville. Some residents and environmentalists say plant operations would lead to poor water quality.

Atwater Brewing looks at Wilmington for regional brewery

August 8, 2014

(StarNews, Wilmington)

Atwater Brewing is considering locating a new mid-Atlantic brewery in Wilmington. Other U.S. cities are bidding on the project. If the Detroit-based brewer chooses Wilmington, it would invest $5 million and create at least 30 jobs.

Rural hospitals hit hardest by Medicaid reform

August 8, 2014

(The News & Observer, Raleigh)

Rural hospitals such as Southeastern Regional Medical Center in Lumberton will suffer the most from Medicaid cuts. More than 10% of patients are uninsured and more than 23% are on Medicaid at the hospital, which lies in a region with some of the highest rates of obesity, heart disease and substance abuse in the state.

 

Danny Glover visits Robeson County poultry plant to support union

August 7, 2014

(The Fayetteville Observer)

"Lethal Weapon" actor Danny Glover visited the Mountaire Farms plant in Lumber Bridge on Wednesday to show his support for unionizing the the plant's workers. About 2,000 people are employed at the poultry plant.

Wilmington shopping center sold for $13.9M

August 6, 2014

(StarNews, Wilmington)

Lumina Commons shopping center in Wilmington has been sold to Phillips-Edison ARC Shopping Center REIT Inc. for nearly $13.9 million. The center is anchored by a Harris Teeter grocery store. 

Loss of film tax credit worries Wilmington businesses

August 6, 2014

(WRAL.com)

The state budget approved by the House and Senate includes $10 million in grant money for the film industry, about 16% of what the state awarded in tax credits in 2013 and less than half the incentives awarded to "Iron Man 3." Wilmington business owners say the state can't afford to lose the film industry.

 

State closes ball field at Brunswick middle school after coal ash found

August 6, 2014

(StarNews, Wilmington)

The state Department of Environment and Natural Resources has closed the baseball field at a Brunswick County middle school after it was discovered that the land was used for coal-ash disposal. Southport's Cogentrix coal-fired power plant disposed of the ash in the early 1990s, before its hazards were known.