Eastern

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.

Obama proposes drilling off NC coast

January 28, 2015

(The Charlotte Observer)

The Interior Department proposed offering one lease for drilling for oil or natural gas off the coast of the Carolinas, Georgia or Virginia in 2021. The site would be at least 50 miles from the coast, and drilling would begin only after environmental studies are completed. Coastal towns that rely on tourism dollars have passed resolutions opposing the practice. 
Also: Obama fires first in coming 'battle royal' over Atlantic drilling

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.

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.

'Sleepy Hollow' to exit Wilmington if series is renewed

January 19, 2015

(StarNews, Wilmington)

Fox Television Group said it will move production of "Sleepy Hollow" to Atlanta if the series is renewed. The TV drama filmed its first two seasons in Wilmington, but the state legislature replaced the state's film incentive program with a new grant program for 2015 that caps the amount of money a production can receive at $5 million.

Wilmington commercial real-estate firms announce merger

January 16, 2015

(Greater Wilmington Business Journal)

Coldwell Banker Commercial Sun Coast Partners and Harley & Associates Commercial Real Estate, two of the Wilmington area's largest commercial real estate firms, have joined together as of Jan. 8.

Wilmington's nCino projects continued growth in 2015

January 15, 2015

(Greater Wilmington Business Journal)

Live Oak Bank spinoff nCino said its 2014 revenue increased 206% compared with the previous year. Started in 2012, the banking-software company now serves 81 clients compared with 36 at the end of 2013. nCino employs more than 100 people and plans to hire 50 to 75 more workers in 2015, CEO Pierre Naudé said.
Related: Code green: nCino and Tresata aim to make NC a hotspot for financial-services software (December 2014)

Report says wind would produce more jobs, energy than offshore drilling

January 15, 2015

(The Charlotte Observer)

An advocacy group that opposes offshore drilling for oil says wind-energy development would create 82,000 jobs in the Carolinas, while oil drilling would create only about 36,000 jobs. In a report released Wednesday, Oceana says wind energy along the Atlantic coast could produce twice the energy of drilling for oil.

Craven County partnership introduces new logo

January 14, 2015

(New Bern Sun Journal)

The Craven 100 Alliance, a public-private economic-development partnership established in 2014, introduced a new logo and said it has begun forming membership and fundraising committees. The group hopes to raise $1.5 million in private funding to help recruit new business to the area.