Eastern

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.

Tri-county marketing initiative announced in Southeastern NC

January 14, 2015

(Greater Wilmington Business Journal)

The Southeastern Partnership announced the Wilmington Regional Marketing Initiative, a new campaign in which local leaders from Brunswick, New Hanover and Pender counties will combine marketing efforts to bring jobs to the region.

Fayetteville job-recruitment agency to review strategies

January 13, 2015

(The Fayetteville Observer)

Fayetteville's Economic Development Alliance will conduct an internal review and form a task force to re-examine its target industries following the failed Sanderson Farms proposal. Cumberland County commissioners voted last week against considering a proposal from the Missississippi-based poultry processor that would have created 1,000 jobs.

Wilson's Barton College names new president

January 12, 2015

(The Wilson Times)

Douglas Searcy was named president of Barton College in Wilson. He is currently vice president for student affairs at the University of Mary Washington in Fredericksburg, Va. Searcy will replace Norval Kneten, who is retiring at the end of the current academic year.

Live Oak Bank opens office near California wine country

January 9, 2015

(Greater Wilmington Business Journal)

Live Oak Bank has opened an office in Santa Rosa, Calif., near the Napa and Sonoma wine-growing regions. The Wilmington-based lender hopes to provide financing to wineries, vineyards and breweries. Live Oak provides SBA loans to companies in specific industries including veterinarians, financial advisers and dentists (Regional Report, April 2013).

Lee County residents worried about coal-ash plan

January 8, 2015

(The Fayetteville Observer)

Lee County officials and residents are concerned about Duke Energy's plan to store coal ash in abandoned clay mines once used by a local brick manufacturer.

Wilmington City Council picks finalists for redevelopment project

January 7, 2015

(StarNews, Wilmington)

Wilmington City Council chose four finalists to redevelop downtown's Water Street parking deck site. Proposals include mixed-use projects with apartments and retail ranging from 13 to 15 stories. The city could make its final selection at a Feb. 17 meeting.

CEO of Wilmington-based Next Glass makes Forbes list

January 7, 2015

(Greater Wilmington Business Journal)

The 26-year-old founder and CEO of Wilmington-based Next Glass is No. 29 on Forbes' 2015 list of "30 Under 30" food and alcoholic beverage entrepreneurs, which includes chefs, food writers and wine and beer purveyors. Next Glass, which offers an app that helps users identify beers and wines they might like, launched in November and got 250,000 downloads in its first three weeks.

Cumberland County rejects plans for chicken plant

January 6, 2015

(The Fayetteville Observer)

Cumberland County commissioners voted against holding a public hearing on whether or not to offer incentives for Mississippi-based Sanderson Farms to build a chicken-processing plant that would have created 1,000 jobs. The board voted informally in September against moving forward with the project, but the issue was revived following November's election.

New Hanover Regional to expand, renovate ER

January 6, 2015

(Greater Wilmington Business Journal)

New Hanover Regional Medical Center will renovate its emergency department and add 12,600 square feet at its main campus in Wilmington. The renovation will increase the number of patient exam rooms from 48 to 73. Construction is expected to begin this spring with an estimated completion date of early 2017.

Dominion to host open houses on proposed pipeline

January 6, 2015

(The News & Observer, Raleigh)

Dominion Resources will hold information sessions for landowners in eastern and central N.C. who may be affected by a proposed natural-gas pipeline. This week's open houses will include updated maps showing the route of the 550-mile pipeline, which will run from West Virginia to southeastern N.C.

Downtown redevelopment project could cost Wilmington $20M

January 5, 2015

(StarNews, Wilmington)

The city of Wilmington could have to pay between $11 million and $23 million for infrastructure improvements related to the private redevelopment of a downtown parking deck. The city council plans to recommend three finalists for the project at a Tuesday meeting.

McCall Farms to close Wilson plant

January 2, 2015

(The Wilson Times)

McCall Farms will shut down its Wilson sweet-potato processing plant, idling up to 64 workers, by March 5. The Effingham, S.C.-based vegetable-canning company purchased the former Bruce Foods plant a year ago. Some employees will be offered jobs in South Carolina, where McCall plans to consolidate its sweet-potato processing operations.

Southeastern NC may be well-suited for wind farms

January 2, 2015

(The Fayetteville Observer)

Advanced technology is allowing wind turbines to generate more energy with less resources, which means wind farms in North Carolina could be more economically viable than previously thought. Florida-based NextEra Energy Resources plans to study the potential for wind-energy development in Hoke County.

 

Wilmington apartment boom continues with 228-unit project

December 24, 2014

(Greater Wilmington Business Journal)

Developers announced plans for a 228-unit apartment complex on Carolina Beach Road in Wilmington. The proposed project would consist of seven three-story buildings on 11 acres and include 3,800 square feet of commercial space.

Four tire companies looked at Brunswick

December 23, 2014

(StarNews, Wilmington)

Four tire companies have considered opening plants in Brunswick County in the last two to three years, according to Jim Bradshaw, executive director of the local economic development commission. Bradshaw said three companies cited the threat of hurricanes as reasons for locating elsewhere.

Wilmington considers business district tax

December 19, 2014

(StarNews, Wilmington)

Wilmington Downtown Inc. is mulling the creation of a downtown business district that would be taxed higher than other parts of the city to pay for improvements to the area.

New Hanover Regional reports $53M surplus

December 18, 2014

(StarNews, Wilmington)

New Hanover Regional Hospital reported an operations surplus of $53.5 million for fiscal year 2014, more than double the projected amount. 

President of Hoke Healthcare resigns

December 18, 2014

(The Fayetteville Observer)

Velvette Jones resigned earlier this month as president of Hoke Healthcare, part of Fayetteville-based Cape Fear Valley Health System. Jones was hired in fall 2013 to help launch the health system's 41-bed hospital in Hoke County, which is expected to open in February. 

First South Bank adds nine branches

December 16, 2014

(The News & Observer, Raleigh)

First South Bank completed a previously announced acquisition of nine Bank of America branches in eastern and central North Carolina. Financial terms weren't disclosed. The Washington, N.C.-based community bank now operates 35 branches, mostly in eastern N.C.