PGA event could provide $60M economic boost for Wilmington

September 25, 2015

(Greater Wilmington Business Journal)

The Wells Fargo Championship is expected to generate an economic impact between $40 million and $60 million in the Wilmington area in 2017. The golf tournament, usually held in Charlotte, is moving to Eagle Point Golf Club for one year as Quail Hollow Club prepares to host the PGA Championship.

Australian drugmaker breaks ground on Greenville expansion

September 24, 2015

(The Daily Reflector)

Mayne Pharma Group broke ground Wednesday on a $65 million expansion of its drug-manufacturing plant in Greenville. The expansion will add more than 100 new jobs.

Winston-Salem's North State Aviation creating 109 jobs in Kinston

September 22, 2015

(Winston-Salem Journal)

North State Aviation will open an aircraft maintenance facility and create 109 jobs in Kinston. The company, which employs more than 400 people at Smith Reynolds Airport in Winston-Salem, will invest $900,000 at the Global TransPark. North State's largest customer is United Airlines.

Belhaven might get another shot at reopening hospital

September 17, 2015

(The News & Observer, Raleigh)

N.C. Sen. Bill Cook introduced a provision that would eliminate a new certificate of need requirement for a tiny hospital in Belhaven that was closed last year. Belhaven Mayor Andy O'Neal walked 130 miles to Raleigh and twice to Washington, D.C., in support of maintaining rural hospitals. If the bill is approved, O'Neal says the hospital could reopen in four to eight months. 
See also: Senate panel backs exemption for Belhaven

Fifth Third Bank looks to serve more eastern NC clients

September 15, 2015

(Greater Wilmington Business Journal)

Fifth Third Bank has expanded its banking-services unit aimed at reaching affluent customers in eastern North Carolina. The Cincinnati-based bank has 56 branches in the Triangle, Charlotte and western N.C.
More Wilmington banking news: CresCom expands loan production, moves to future Wilmington retail location

Figure Eight Island boasts largest concentration of high-value homes in Southeastern NC

September 14, 2015

(StarNews, Wilmington)

Figure Eight Island in northeastern New Hanover County has nearly 500 homes valued at $1 million or more, though properties in the gated community are still a value when compared with other parts of the country, according to a local broker. The most valuable property on the 1,300-acre island is a $6.3 million home owned by John Mack, former CEO of Morgan Stanley.

Belhaven mayor makes third walk to save rural hospital

September 11, 2015

(The Daily Reflector)

Adam O'Neal, the mayor of the small town of Belhaven in Beaufort County, is walking to Raleigh to try to convince legislators to reopen the former Vidant Pungo Hospital that was closed on July 1, 2014. O'Neal previously completed two walks to Washington, D.C. to raise support for rural hospitals.

Wilmington film community encouraged by recent developments

September 11, 2015

(Greater Wilmington Business Journal)

The Wilmington film industry received two pieces of promising news this week. TNT will film a pilot for a drama series starring Downton Abbey actress Michelle Dockery at EUE/Screen Gems Studios, and the General Assembly agreed to award up to $30 million per year in film grants for the next two years.

Two Brunswick County towns oppose offshore drilling

September 10, 2015

(The Times-News, Burlington)

Town councils in Holden Beach and Oak Island passed resolutions opposing offshore drilling for oil and natural gas. At least 23 North Carolina communities have passed similar resolutions, according to environmental advocacy group Oceana. Opponents of the practice are concerned about impact on the environment and tourism.

Summer tourism strong for coastal businesses

September 8, 2015


Business owners along the North Carolina coast say the summer season was a strong one, with room occupancy rates up and tourists spending more in restaurants and gift shops.

FedEx distribution center coming to Wilmington

September 4, 2015

(Greater Wilmington Business Journal)

A new, 215,000-square-foot FedEx Ground distribution warehouse is expected to open in the Port City by early 2016. Setzer Properties paid more than $1.8 million for 25 acres of industrial property. The Kentucky-based real-estate development company also plans to build a FedEx warehouse in Asheville.

Cape Fear Valley Health loses appeals case against FirstHealth

September 3, 2015

(The Fayetteville Observer)

The N.C. Court of Appeals rejected Cape Fear Valley Health System's appeal over whether FirstHealth of the Carolinas can temporarily expand ER services at its Hoke County hospital. Fayetteville-based Cape Fear said FirstHealth, based in Moore County, violated certificate-of-need law when repurposing non-ER beds for emergency-room services when demand increases.

Legislators seek to expand construction of jetties

September 3, 2015

(The Daily Reflector)

Some Republican legislators are trying to expand the number of erosion-controlling jetties that can be built along the North Carolina coast. A 2011 law ended a 25-year ban on jetties, also called terminal groins. Four communities – Bald Head Island, Figure Eight Island, Holden Beach and Ocean Isle Beach – are seeking to add jetties to protect coastal properties.

Longtime BB&T executive Wilson dies at 60

September 1, 2015

(The Wilson Times)

Former BB&T VP and operations division manager Charles Leon Wilson III died at home Sunday following a two-year battle with a brain tumor. He was 60. Wilson worked for BB&T for 38 years and was a member of the executive management team for more than 15 years. Winston-Salem-based BB&T was started in Wilson in 1872 and still maintains its largest employee base there.

CBS cancels 'Under the Dome'

September 1, 2015

(Wilmington StarNews)

CBS said Monday it will not renew Under the Dome, the TV drama series filmed in the Wilmington area for the last three seasons. The network's president had said in July the show probably would not return to Wilmington if renewed for a fourth season after the state legislature reduced film incentives.


'A Chef's Life' begins new season on PBS

August 31, 2015

(Kinston Free Press)

"A Chef's Life," the award-winning PBS series featuring Kinston chef Vivian Howard ("Recipe for recovery," October 2014), begins airing its third season on Thursday. Filming for season four is underway, though Howard, who runs two restaurants with husband Ben Knight, says it will likely be the last for the popular documentary.

Mayne Pharma plans $65M expansion, 110 jobs in Greenville

August 28, 2015

(The News & Observer, Raleigh)

Mayne Pharma plans to invest $65 million in a manufacturing plant and add 110 jobs to its existing 350 in Greenville. Average annual salary will be $60,000. The Australian drugmaker acquired Greenville-based Metrics in 2012. Mayne's products include treatments for acne, fungal infections and bacterial infections. The new plant will also provide contract-manufacturing services.

Wilmington's Live Oak Bank adds new lending niche

August 28, 2015

(Greater Wilmington Business Journal)

Live Oak Bank, named the best bank to work for by American Banker magazine, will begin offering SBA loans to independent insurance agents. The Wilmington-based lender raised about $82 million in its public debut in July.

SBI confirms investigation of former CFCC president

August 26, 2015

(Greater Wilmington Business Journal)

The State Bureau of Investigation confirmed it is investigating former Cape Fear Community College president Ted Spring. A state auditor's report released in July showed that Spring gave raises and promotions without approval of the board of trustees and used college funds for personal expenses. Spring resigned in January but has since asked to be reinstated.

Building-products company adding 72 manufacturing jobs in Kinston

August 25, 2015


Associated Materials, an Ohio-based company that makes vinyl windows, siding and fencing, will invest $4.5 million and add 72 jobs in a plant expansion in Kinston. The company's brands include Alpine Windows, Ultraguard and Revere.