Eastern

Coal-ash removal underway at Wilmington power plant

November 6, 2015

(StarNews, Wilmington)

Duke Energy has begun removing coal ash from its retired Sutton Plant in New Hanover County. Two million tons of the ash will be trucked to a former Clay mine in Chatham County; the remaining 5.2 million tons will be buried in a landfill on the site of the Sutton Plant.
More on Duke Energy: International troubles depress Duke Energy earnings

GE Hitachi names new CEO after megadeal

November 3, 2015

(Greater Wilmington Business Journal)

General Electric completed its purchase of France-based Alstom's power business on Monday, resulting in the shuffling of several key executives. Jay Wileman becomes president and CEO of Wilmington-based GE Hitachi, where he was previously chief operating officer. GE Hitachi's former CEO Caroline Reda will move to Atlanta to lead GE's power services business for North America.

Novant ends partnership with Kinston hospital

October 30, 2015

(Kinston Free Press)

Lenoir Memorial Hospital and Winston-Salem-based Novant Health will terminate a management agreement that began in the spring. It is unclear if the 261-bed hospital will pursue another affiliation or partnership to help it deal with declining revenue.

New Hanover tourism sets new record

October 29, 2015

(Port City Daily)

New Hanover County reported a 6.33% increase in tourism spending in the 2014-15 fiscal year. It marks the first time the county, which includes Wilmington and Wrightsville, Carolina and Kure beaches, passed $500 million in tourism spending.

Wilmington businesses, politicians at odds over Export-Import Bank

October 28, 2015

(StarNews, Wilmington)

Some Wilmington-area business leaders worry about the impact on the local economy if Congress fails to reauthorize the U.S. Export-Import Bank. U.S. Reps. David Rouzer and Walter Jones say the bank is costly to taxpayers and does little to help the majority of businesses.

NC ready to compete for film projects

October 27, 2015

(Greater Wilmington Business Journal)

With funding restored to the state's film grant program, North Carolina could attract shorter television series and small films, says Johnny Griffin, director of the Wilmington Regional Film Commission. Big-budget films and long-running TV series will probably go to states that offer larger incentive packages, such as Georgia. North Carolina's grant program is capped at $30 million per year.

Foreclosure sale of Wilmington mall is postponed

October 23, 2015

(StarNews, Wilmington)

The foreclosure sale of Wilmington's Independence Mall has been postponed. Originally scheduled for Thursday, the public auction has been rescheduled for Nov. 23. The mall's owner, Centro Independence, defaulted on a $110 million loan.

Roberts launches two startup groups in Wilmington

October 22, 2015

(Greater Wilmington Business Journal)

Jim Roberts has launched two Wilmington-based initiatives to support entrepreneurs. The Network for Entrepreneurs in Wilmington will provide support to the startup community through sponsorships with area businesses. Wilmington Angels for Local Entrepreneurs is an investor network.

Novant partners with Carteret Health Care

October 20, 2015

(Winston-Salem Journal)

Winston-Salem-based Novant Health entered a shared-services agreement with the 135-bed Carteret Health Care in Morehead City. The partnership will help the smaller hospital cut supply costs and assist with information technology and strategies to improve performance.

Pender County seafood processor exceeds hiring goals

October 19, 2015

(StarNews, Wilmington)

Open for only eight months, Acme Smoked Fish employs 141 workers at its 100,000-square-foot Pender County plant and could continue to grow. The New York-based company vowed to create 120 jobs when it announced plans for the $25 million plant in 2013.

Wilmington film fest expands with startup conference

October 19, 2015

(Greater Wilmington Business Journal)

Wilmington's Cucalorus Film Festival, held Nov. 11-15, will debut a business conference focused on entrepreneurs. Key presenters announced Friday include Galen Buckwalter, founding chief science officer of eHarmony, and Chris Heivly, co-founder of MapQuest.

Pitt Community College breaks ground on STEM center

October 16, 2015

(The Daily Reflector, Greenville)

Pitt Community College hopes a new $16 million, 75,000-square-foot science and technology training center will help attract employers to the area. The school held a groundbreaking for the new STEM center on Thursday.
Also: Pitt CC breaks ground for $16M science/tech center

Wilmington's Live Oak Bank nation's No. 2 SBA lender

October 13, 2015

(Greater Wilmington Business Journal)

Wells Fargo remains the nation's top SBA lender, with loans totaling nearly $2 trillion for the fiscal year that ended Sept. 30. Wilmington's Live Oak Bank was second, will 966 loans totaling about $1.15 trillion, according to a report released Monday by the federal Small Business Administration.

Foresclosure sale planned for Wilmington mall

October 12, 2015

(Greater Wilmington Business Journal)

Independence Mall will be offered for sale at a public auction Oct. 22, a result of the Wilmington mall's owner, Centro Independence, defaulting on a $110 million loan.

Perquimans County puts freeze on new wind farms

October 12, 2015

(WRAL.com)

Perquimans County has put a four-month freeze on new wind farms after some residents opposed a Charlotteville, Va., company's $300 million proposal to build up to 150 turbines on 15,000 acres. A 22,000-acre wind farm that will sell energy to Amazon is being developed about 10 miles away (Statewide, September).

AG shuts down Fayetteville medical-training school

October 12, 2015

(The Fayetteville Observer)

North Carolina Medical Institute in Fayetteville was temporarily closed after the school was accused of charging students for unaccredited courses and certifiying some nursing students who hadn't received sufficient training.

Harnett Health president resigns after less than a year on the job

October 9, 2015

(The Fayetteville Observer)

Dan Weatherly became president of Harnett Health when Cape Fear Valley Health took over management of the Dunn-based health system in November. He is leaving to take a position with Community Care of North Carolina, a public-private partnership with health care networks across the state. Kevin Jackson, a vice president at Fayetteville-based Cape Fear Valley, will become interim president.

Storm-related erosion damages southeastern beaches

October 8, 2015

(StarNews, Wilmington)

Some beaches in southeastern N.C. are seeking federal disaster funds for beach nourishment after last weekend's storm caused significant erosion. The area received between 12 and 22 inches of rain.

Ocean bureau hosts public hearing on coastal wind-energy proposal

October 5, 2015

(StarNews, Wilmington)

On Wednesday, the federal Bureau of Ocean Energy Management will hold a public meeting in Wilmington on its proposal to allow wind-energy companies to operate turbines in two coastal areas. A study completed last month showed the project, which includes more than 185,000 acres off the coast of Brunswick and New Hanover counties, would have no significant environmental impact.

Residents try to block Amazon Wind Farm

October 2, 2015

(The News & Observer, Raleigh)

A couple from Perquimans County, aided by the Civitas Institute, a conservative think tank, has filed a lawsuit against the N.C. Department of Environmental Quality in an attempt to block the Amazon Wind Farm. The couple says the project is subject to a new regulatory review, which could take more than a year. If the wind farm isn't operational by the end of 2016, a federal tax credit will expire, likely killing the project.