Eastern

Wilson asks FCC for permission to expand municipal Internet service

August 28, 2014

(The News & Observer, Raleigh)

Wilson is asking the Federal Communications Commission to override North Carolina's telecommunications law and allow it to expand its Greenlight high-speed Internet service to nearby communities. The city wants to expand the service to about 7,600 households in Wilson County and about 1,000 households in neighboring counties.

Southeastern NC legislators frustrated after short session

August 28, 2014

(StarNews, Wilmington)

Legislators from Southeastern N.C. left the General Assembly's short session frustrated as film incentives were significantly reduced and prospects of gaining more than 1,000 jobs and a proposed tire plant were diminished when legislators voted against establishing a $20 million "closing fund" for corporate recruiting.

Wilmington leaders want legislature to reconvene over film incentives

August 27, 2014

(StarNews, Wilmington)

Wilmington and New Hanover County leaders plan to send a letter to Gov. Pat McCrory requesting he reconvene the General Assembly to discuss changes to the state's film incentive program, which they say will cost the area jobs. Legislators changed the current incentive, which has no cap, to a $10 million grant. North Carolina gave out $61 million in tax credits in 2013 to film productions.

Fayetteville officials to hold public meeting on proposed poultry plant

August 26, 2014

(The Fayetteville Observer)

The Fayetteville Regional Chamber will host a public meeting Sept. 2 to discuss Sanderson Farms' proposed $113 million chicken-processing plant. Opponents to the plant, which would create about 1,000 jobs, have voiced concerns over traffic, feathers, noise and potential groundwater contamination.

Wilmington's PPD names new CFO

August 27, 2014

(Greater Wilmington Business Journal)

PPD named Robert Hureau executive vice president and chief financial officer effective Sept. 23. He comes from Centaur Guernsey L.P., a San Antonio, Texas-based medical technology company, where he served in the same roles.

DENR to fine Duke Energy over coal-ash pollution at Sutton plant

August 27, 2014

(WRAL.com)

The state Department of Environment and Natural Resources issued a violation notice to Duke Energy over ongoing groundwater contamination at the utility's Sutton plant in New Hanover County.

Timeline uncertain for coastal wind-farm development

August 26, 2014

(StarNews, Wilmington)

At least five companies have expressed interest in developing offshore wind projects in North Carolina, though it is unclear when construction could begin. The federal government identified three offshore parcels for potential wind-energy development, including two south of Wilmington and one near Kitty Hawk.

Former Hardee's exec gets promotion

August 26, 2014

(Rocky Mount Telegram)

Ned Lyerly became president of California-based CKE Restaurants' international division July 16. Lyerly worked for CKE and Hardee's in Raleigh and Rocky Mount from 1984 to 2001. CKE is the parent of Carl's Jr. and Hardee's restaurant chains. 

Hundreds of film supporters gather in Wilmington

August 25, 2014

(StarNews, Wilmington)

Several hundred crew members, vendors and others gathered for a group photo at Wilmington's Battleship Park to show support for the local film industry. The state legislature will allow the current incentive program to expire Jan. 1, 2015 and will replace it with a $10 million grant program.

Coastal Federation to help develop economic-development model for Wilmington area

August 22, 2014

(Greater Wilmington Business Journal)

The N.C. Coastal Federation launched an initiative to establish a model industrial development process for Wilmington and New Hanover County that will help preserve the area's natural resources.

Projections show Fort Bragg population to hold steady through 2020

August 22, 2014

(The Fayetteville Observer)

Department of Defense projections show that Fort Bragg's population of about 57,000 troops would be reduced to about 54,000 in fiscal year 2020, while the number of civilian employees will remain about the same at more than 14,400.

Lawmakers' vote may cost Wilmington area Continental Tire plant

August 21, 2014

(StarNews, Wilmington)

The incentives bill that was voted down by state legislators may have cost Brunswick County a Continental Tire plant and more than a thousand jobs. The German tire manufacturer is reported to be looking at a site near the Brunswick-Columbus county line.

NC Supreme Court upholds rate hike for former Progress customers

August 21, 2014

(The Fayetteville Observer)

The state Supreme Court upheld Duke Energy's rate increase of 7.5% for residential customers of its Duke Energy Progress subsidiary. State Attorney General Roy Cooper had appealed the rate hike, which affects 1.3 million customers in Eastern N.C. and Asheville.

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.